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Difference between gambling and betting12/12/2023 What is a Straight BetĪ straight bet is an individual wager on a game or event that will be determined by a pointspread or money line. However, if the player wins all the wagers in the parlay, the player wins a higher payoff than if the player had placed the bets separately. If the player loses one wager, he loses the entire bet. ![]() Parlay – What is a Parlay Bet?Ī parlay is a single bet that links two or more wagers to win the bet, the player must win all the wagers in the parlay. ![]() Learn about all popular types of bets, including parlays, teaser bets, prop bets, and all the need to know terminology for betting on sports. ![]() Sports Betting Explained – Types of Sports WagersĬurious about the types of sports bet? Check out William Hill’s guide to sports betting, which covers all the need-to-know topics and terms.
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