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The odds of winning these types of bets depend on the player's understanding of the events and participants. Odds can range from 3:1 to 10:1 depending on how unpredictable the outcome is.

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Another strategy you can use is to diversify your games and bets. Focusing on a single game can be risky if you don’t understand it well. Instead, experiment with different games and bets to find the one that you have a real advantage in. Diversification not only keeps you from getting bored, but it also increases your chances of winning as you discover which games and bets you’re better at.

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