What Does ‘Joint Favorite’ Mean in Sports Betting?

This is a term you’ll hear all the time in events with many competitors, like horse racing or a golf tournament.

A “Joint Favorite” is when two competitors are tied for the best odds to win.

It’s just a more specific way of saying “the favorite.” Here’s the simple breakdown:

• Favorite: One competitor has the best odds to win.
  • Example: Scottie Scheffler is +400 (the favorite), and everyone else is +800 or higher.
• Joint-Favorites: Two competitors are tied for the best odds.
  • Example: Horse #3 and Horse #5 are both 3-1 (the joint-favorites).
• Co-Favorites: Three or more competitors are tied for the best odds.
  • Example: Horse #2, Horse #7, and Horse #9 are all 4-1 (the co-favorites).