"Bettors" refers to people who place bets, usually in the context of gambling or wagering money on the outcome of an event or game. They take the risk of losing their money in hopes of winning more. Full definition
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It's incredibly rare to find the majority of bettors taking the underdog, and this level of one - sided public betting is unprecedented. (sportsinsights.com)
So what does this mean for bettors looking for value? (sportsinsights.com)
During the regular season we typically see a majority of public bettors taking the favorite, but that trend is typically turned on its head during the playoffs. (sportsinsights.com)