how does sports betting work

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How does illegal sports betting work and what are the fears?
Betting and sports have been bedfellows for centuries. But the relations between the two have been deteriorating. The biggest setback has come from the rise of illegal betting. The industry has grown not just in terms of revenue, but also in its reach, and

How does sports betting work?
which means that if you bet 10 bucks on A and A wins, you get 12 bucks in return. Net Profit=2. If you bet on a draw then you stand a chance to win 37.5, ie profit of 17.5 bucks and if you are really daring, you bet on the weaker team B and IF they win

How does sports betting work?
There are many ways that one can gamble on sports. Some types of sports bets are sport-specific, while others are common across most sports: moneyline, spread, totals. See Sources and Related links for an article on Sports Betting: Game Rules & Strategy.