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Stop-Loss Order
An order to sell an asset when it reaches a specific price to limit losses.
Placing a stop-loss at $95 on a stock bought at $100.
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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.