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Another factor that cannot be overlooked is understanding the types of bets. In sports betting, there are many different types of bets such as live bets, odds bets, handicap bets, over/under bets, etc. Each type of bet has its own characteristics and odds calculation method, and understanding each type will help players make more accurate decisions. If you are not sure how a bet works, take the time to research before placing a bet.

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Odds on Olympic events vary depending on the performance of the athletes and teams involved. Top athletes such as Usain Bolt or Michael Phelps often have low odds, while newcomers can bring higher payouts.

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Bet on Player: This is the simplest and most common option. You bet that the Player’s hand will have a higher total than the Banker’s hand. The house edge on this bet is quite low, around 1.24%, and the payout is usually 1:1.