Explanation of Favourite
The term 'favourite' conveys a sense of statistical likelihood to win, rather than the more casual implication of having a preferred ice cream flavor. This terminology is prevalent in poker and other gambling contexts, like horse racing, where a horse may be labeled as the 'favourite' to clinch victory in a race.
Illustration of Favourite in a sentence -> I prefer participating in the 40knl games during peak traffic times; however, I am not too confident that I would be the favourite to emerge victorious.
See Also
Equity , Tournament , Kicker