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One of the prominent trends in the online betting industry today is the integration of blockchain technology and advanced payment solutions. Betting platforms are gradually using blockchain technology to ensure transparency and fairness in betting transactions. Blockchain not only helps protect player data and accounts, but also helps prevent fraud and money laundering, while providing absolute trust to players. The use of cryptocurrencies such as Bitcoin and Ethereum enhances security and reduces transaction costs, while creating flexibility and convenience in international payments.
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In football betting, decimal odds are most commonly used, especially in European countries, Asia and Canada. These odds indicate how much money you will receive for each unit you bet, including your stake. For example, odds of 2.50 mean that if you bet 100 units, you will receive 250 units back (including your original stake). As for fractional odds, these are mainly used in the UK, where odds like 5/1 mean that you will receive 5 winning units for every 1 unit you bet, plus your original stake.
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Horse racing odds vary depending on the horse, rider and race conditions. Well-known horses with good records tend to have low odds, but when lesser-known horses win, the payouts can be very high.