Sports Betting Glossary - F

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Favourite - The participant with the shortest odds in the field, who the bookmakers think is most likely to win.

Field - Some bookmakers may well group all the outsiders in a competition under the banner headline of 'field' and put it head to head with the favourite. This is known as favourite versus the field betting and is common in horse and golf betting.

Fixed odds betting - Staking a set amount to win a set amount by multiplying the stake by the odds. As opposed to spread betting where the amount you can win or lose on a single bet may vary.

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