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Betting on Horse Racing and Sports: Horse racing and other sports are also ancient forms of betting in Southeast Asia, especially in countries like Thailand and Malaysia. Historically, horse racing has been a popular form of betting in these countries, attracting a large number of participants from different social classes.

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Throughout the 20th century, gambling in Vietnam faced many upheavals and difficulties, especially in the post-war period and the early years of reconstruction. Casinos and illegal forms of gambling still existed underground, and players participating in these games were often strictly controlled by the authorities.

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American odds, on the other hand, use "+" and "-" to indicate the bet size. Positive odds like +200 mean that you will win 200 units for every 100 units you bet. Negative odds like -150 mean that you need to bet 150 units to win 100 units. These odds are mainly used in the US and some other countries, especially in sports like basketball, football and baseball.