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- This is occasionally, but hardly ever, provided for other competitive sports.
- Exacta – Deciding upon horses to finish initially and second in a race.
- The wager is ordinarily a percentage of bankroll but could also be a fixed dollar quantity.
- A bettor does not adjust the wager amount based on wins, losses, or any other outside opinion.
- Exposure – The amount of funds a sportsbook potentially could drop for a distinct event.
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