Co-Favourite

Co-Favourite refers to a situation where two or more selections share the status of being the favorite in a betting market. Instead of a single clear favorite, multiple options have the lowest and nearly identical odds, indicating that bookmakers see them as having an equal or very similar chance of winning.

For example, in a horse race, if two horses are priced at 3.50 each while the rest have higher odds, they are considered co-favorites. Similarly, in a football tournament, if both Brazil and France are given 5.00 odds to win, they are co-favorites for the title.