Betting, Defined the Fine Way

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Split

In blackjack, dividing a pair into two separate hands.

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Progressive Jackpot

A casino jackpot that increases over time until someone wins.

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Pit Boss

A casino supervisor overseeing the gaming floor.

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Spread Betting

A bet on the movement of an asset’s price instead of a fixed outcome.

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Leverage

Borrowing money to increase the size of a trade.

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CFD (Contract for Difference)

A financial derivative that allows traders to speculate on price changes without owning the asset.

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Margin Call

A broker’s demand for an investor to deposit more funds due to losses.

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Short Selling

Betting that an asset’s price will decline.

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Stop-Loss Order

An order to sell an asset when it reaches a specific price to limit losses.

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Moneyline

A bet on which team or player will win outright, without considering the point spread.

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Point Spread

A bet that involves giving or taking points to even the odds between teams.

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Parlay Bet

A single wager that combines multiple bets, all of which must win for the bet to pay out.

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