Dog
Short for underdog — the side expected to lose in a betting market. Dogs pay plus-money on the moneyline and are getting points on the spread.
Like shopping off-brand: the underdog product is often nearly as good at a significantly better price.
Why it matters
Dogs win more often than the public expects. Consistently finding mispriced underdogs is one of the most reliable paths to long-term profit.
How DMP uses this
DMP's EV calculations don't care about favorite or underdog status — they identify value regardless of which side the edge falls on.
Common mistake
Avoiding all underdogs because they lose more often — profitability depends on the price, not the expected outcome.