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Underdog

Underdog is an athlete who is not in a good shape, often loses. Bookmakers often offer favourable odds on them, however, it is unprofitable to bet on the "underdog", as it will most likely bring losses

Underlay

Underlay is a professional term which is common in the field of bookmaker’s bets. This is unprofitable bet the winning amount for which is lower than the probability of the chosen result of the event.

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