Except when Tiger won the Masters............To be clear...I hope you understand the intent of bookies is not the predict the outcomes, but to predict the correct odds that will have 50% of the money on each side.
Sometimes they go hand-in-hand, but more often they are not.
A bookie’s exclusive intent is to have 50/50 money spread so they legit don’t care the outcome and collect their 10-15% juice.
Teams with big supportive fanbases will often have skewed odds because more fans will place bets with their hearts.
That said...you may call the bookies “stupid at the end of the season”, but they’ll be walking away with their 10-15% juice laughing.