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When you bet using a parlay, you are betting on the overall outcome of a series of matches. They’re commonly used for tournaments where your favorite team is expected to win several rounds back-to-back. When you place an over/under bet, you’re placing money on whether or not the winning team will score more or less than a set number of points as determined by your bookmaker. For example, if you bet that the Suns will win with a score over 72 and they do, you earn the profit from that bet.

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