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Leverage
Borrowing money to increase the size of a trade.
A 10x leverage on a $1,000 trade means controlling $10,000 worth of assets.
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Moneyline
A bet on which team or player will win outright, without considering the point spread.
Point Spread
A bet that involves giving or taking points to even the odds between teams.
Parlay Bet
A single wager that combines multiple bets, all of which must win for the bet to pay out.