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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.

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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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