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Parimutuel wagers repay at costs based on assistance within the wagering swimming pools, although bookmakers repay both at the percentages provided at time of accepting the guess; or within the median odds offered by observe bookmakers at enough time the race commenced. Sports betting[edit]
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[one] The result with the wager is often fast, like a single roll of dice, a spin of a roulette wheel, or simply a horse crossing the end line, but for a longer time time frames can also be common, letting wagers on the outcome of the foreseeable future sports contest as well as an entire sporting activities season.
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