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Underlay
generalAn underlay is a bet that has a lower probability of winning than the odds suggest, representing poor value for the bettor. It is the opposite of an overlay, which is a bet with a higher probability of winning than the odds suggest.
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Key Takeaways
- 1An underlay is a bet that has a lower probability of winning than the odds suggest, representing poo
Underlay
An underlay is a bet that has a lower probability of winning than the odds suggest, representing poor value for the bettor. It is the opposite of an overlay, which is a bet with a higher probability of winning than the odds suggest.
Example
The experienced gambler identified the bet as a clear underlay and advised his friends to avoid it.