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When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
On a machine that pays 31-for-1, the machine keeps your bet when you make it, but pays 31 units on a win  still a total of 31 on your side after a win. So 31-for-1 is the same as 30-to-1, 16-for-1 is the same as 15-to-1, 10-for-1 is the same as 9-to-1, and so on.
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    • A good medium is 3% per play. For example, if you're starting with a bankroll ofR$100, you should riskR$3 on every bet. If you're starting withR$1000, you should riskR$30 on every bet. Your unit size would beR$3 orR$30, respectively.
    Martingale. The first and one of the most well-known sports betting and casino strategies on how to win is the martingale system. In its basic variant, each time you lose a bet, you should wager double on the next match. This way, whenever you win, you cover all your previous losses and gain money for the next bet.
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