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Rating:Sports betting is the activity of predicting sports results and placing a wager on the outcome. Aside from simple wagers such as betting a friend that one's favorite baseball team will win its division or buying a football "square" for the Super Bowl, sports betting is commonly performed through a bookmaker or through various online Internet outlets.
read moreGambling is the of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.
read moreParimutuel betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the Vigorish|"house-take" or "vig" is removed, and payoff odds are calculated by sharing the pool among all winning bets.
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