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Also known as betting or wagering, it means risking money on an event that has an uncertain outcome and heavily involves chance. Like investors, gamblers must carefully weigh the amount of capital they want to put into play.
BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website.
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    Parimutuel bet types

    1
    Win: to succeed the bettor must pick the horse that wins the race.
    2
    Place: the bettor must pick a horse that finishes either first or second.
    3
    Show: the bettor must pick a horse that finishes first, second or third.
    4
    Across the board: the bettor places three separate bets to win, place or show.
    Licensed Sportsbooks in the Czech Republic\n\n There are currently five licenced Czech-based online sportsbooks  Sazka, Synot Tip, Chance, Fortuna, and Tipsport. These firms can offer land-based and internet gambling, but anyone who wants to open an online account must register in person at a shop.
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