Sadly i think the answer is a bit like the chicken and the egg.. Which one comes first !!!There is no definitive answer as in practice you can have a different favorite with the many betting pools that exist .. And you tell me which one is the right market ??I understand your dilemma .You only have to listen to the radio announcers as they change the subs prior to and after the jump in tight betting markets .The UK betting markets will further confuse your answer... They love to throw up lots of joint favorites when it is to hard for them!!!!