First, let's define what sports betting is. Sports betting is the activity of predicting the outcome of a sports event 🌈 and placing a wager on the outcome. The wager can be in the form of money or other valuables, and 🌈 the outcome is usually determined by the performance of the teams or individuals participating in the event.

Now, let's dive into 🌈 the world of sports betting!

Different Types of Bets

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There are several types of bets you can place when it comes to 🌈 sports betting. The most common types of bets are: