Many bettors like to pick the favorite because it feels safer. Strong team, better players, better record, so it looks like the obvious side to take.
But that is where the trap can start.
Sportsbooks already know most people will run to the favorite, so the odds or spread can become too expensive. The team may still win, but the bet itself might not be good anymore because the value is gone. This is why I’m starting to think that a safe-looking bet can still be a bad bet. Maybe the question should not be “will this team win?” but “am I paying too much for this pick?”
For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?
No I think sports book balance the odds according to how bets coming in step by step. It is not true that everyone goes for the favourite under any and all circumstances.
One of the best examples against it is when you a play multi bet and have three strong picks already safe and then to boost the odds a little bit, you added one big favourite with odds of easy 1.20. I think you know what I am going to say, it is the favourite that messed up your multi bet. At least those who have been placing bets for a while, know that there is no safe way ever.