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However, with sports betting, punters gamble against each other by wagering on the item in question, be it a team or horse. And the odds of winning are determined by the total sum of money that’s bet on each item. Both casino gambling and sports betting are very popular. But sports betting has been rapidly rising in popularity

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The meaning of bet is something that is laid, staked, or pledged typically between two parties on the outcome of a contest or a contingent issue : wager —often used figuratively in such phrases as all bets are off to stress the uncertainty of an outcome. How to use bet in a sentence.

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