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The underdog is a team or player who the bookmaker feels has less of a chance of winning than its opponent.
There is usually a favourite and underdog in sports betting. The underdog is the team or individual who is not expected to win. The payout will be bigger if you back the underdog and win.
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Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.