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Single Bet
generalA single bet, also known as a straight bet, is the simplest form of wagering where a bettor stakes money on a single outcome of an event. If the prediction is correct, the bettor wins; if not, the stake is lost. This type of bet is common across all forms of gambling.
Key Takeaways
- 1A single bet, also known as a straight bet, is the simplest form of wagering where a bettor stakes m
Single Bet
A single bet, also known as a straight bet, is the simplest form of wagering where a bettor stakes money on a single outcome of an event. If the prediction is correct, the bettor wins; if not, the stake is lost. This type of bet is common across all forms of gambling.
Example
A sports fan placed a single bet of $50 on their favorite team to win the match.
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