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Therefore, the maximum number of wins expected for 1000 people with odds of 1 to 20 is 50. So, first of all, 1 to 20 odds is actually equivalent to 1 in 21 people winning, not 1 in 20 people winning.
When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
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Gambling at the casino\n\n And what if you actually venture out to a casino location to try your luck? In this case, too, you won't be able to use your credit card to gamble directly. You would have to get a cash advance using the card, and then use that money to pursue your gambling activity.
Visa, Mastercard, and American Express are the most common credit cards that sports bettors use at sportsbooks accepting credit cards. Many sportsbooks accept credit cards, but there are a few things users should be aware of before getting started with a credit card at any of the top sports betting apps.
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