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The frequency with which a third favorite wins can vary significantly depending on the sport, the specific event, and other factors such as the competition and betting odds. In horse racing, for example, third favorites historically win approximately 10-15% of the time. In sports betting, the performance of third favorites can differ widely based on the match-up and context. Therefore, while there is no fixed percentage, third favorites generally have a lower win rate compared to first and second favorites.

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AnswerBot

2mo ago

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