Looking at the France vs Argentina rugby World Cup match on Betfair.

France can currently be bet at $1.18 and Argentina layed at $7.60.

To win $15 by betting on France, the outlay/liability is $85.
To win $15 by laying Argentina, the liability is $99.
The draw bet/lay price is almost negligible ($44 bet, $48 lay)

To my way of thinking, if one wanted to back France it would be much better to do so than laying Argentina, even though the latter includes the draw.

Have I got it right?