How much do you lose if you bet on the favorite team?

The amount you lose when betting on the favorite team depends on the odds set by the sportsbook and the size of your wager. If the favorite team loses, you forfeit your entire stake. For example, if you bet $100 on a favorite team at odds of -150 and they lose, you would lose the full $100. Always remember to consider the odds and potential payouts before placing a bet.