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Sports betting is an intellectual bet between a player and a bookmaker: the player makes his prediction for a sporting event and puts money on the fact that this prediction will be correct. With the right bet, he returns this money to himself with a profit, if he loses, he loses it accordingly.
What is a win
The size of the bet multiplied by its coefficient — this is the amount the bookmaker pays the player if his bet is won. Only the amount of profit is called net winnings: the size of the bet is deducted from the amount of the payout.
Bookmaker quotes can change both under the influence of the number and size of bets placed on this event, and due to a decrease / increase in its probability.
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