In the beginning of the Saga of the Völsungs, we learn of the senseless murder of the thrall Bredi at the hands of Sigi. Although Sigi is condemned and declared a "wolf in holy places" (an outlaw), Odin helps him attain warships and troops and he eventually becomes a great king.
Thus it is well seen that Sigi has slain the thrall and murdered him; so he is given forth to be a wolf in holy places, and may no more abide in the land with his father; therewith Odin bare him fellowship from the land, so long a way, that right long it was, and made no stay till he brought him to certain war-ships. So Sigi falls to lying out a-warring with the strength that his father gave him or ever they parted; and happy was he in his warring, and ever prevailed, till he brought it about that he won by his wars land and lordship at the last; and thereupon he took to him a noble wife, and became a great and mighty king, and ruled over the land of the Huns, and was the greatest of warriors. He had a son by his wife, who was called Refit, who grew up in his father's house, and soon became great of growth, and shapely.
Source: The Story of the Volsungs, translated by William Morris and Eirikr Magnusson
I understand that Sigi supposedly is a "son of Odin", however it doesn't seem quite right that the Allfather would favour him as much after he is identified as a murderer.
Is there an explanation for Odin's morally questionable preference of Sigi?