What is a Fade bet?
A Fade refers to a wager against a particular person, team or market. This term is commonly used when a bettor dislikes a bet and consequentially bets against it, or actively chooses to avoid betting on the game due to it being a risky situation. A fade can come about when a bettor is given advice to bet on something, but they choose to fade that advice as they don't agree with it. The phrase "Fade of the Day" is used to describe a situation where a popular opinion is to bet against a certain person, team or market.