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Arbitrage Betting: Cheating with Odds Sports trading is a method that involves buying and selling bets on betting exchanges, such as Betfair, instead of placing wagers with traditional bookmakers. But may be frowned upon by bookmakers, who might limit or close the accounts of bettors employing this strategy. 7. It enables bettors to maximize their profits and minimize losses by managing their funds effectively. This approach involves setting aside a specific bankroll for betting, determining bet sizes based on the risk tolerance, and adjusting stakes according to the bettor's success or failure.

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