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Odds on: When your winnings are less than double with the you wagered, you have bet a good odds on event. For example, a two-to-one on bet, represented as 1/2, will give you a total of $1.5. This makes sure that your winnings are $0.50.

If a person places a parlay wager, this can involve approximately twelve bets being placed at once. A successful wager will reap a remarkably lucrative payment. An example about this is a new person places four bets in a parlay of 4 teams. Those is betting that all the his wagers will prosper and be successful. However, if one of the wagers is not successful and loses, the person loses all of the parlay.

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