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But if Leonard pulls off the upset and wins, the bookmaker will take the $14,000 from the losing Louis bettors, pay $11,000 to the Leonard bettors, and keep $3,000 in profit. In this instance, those betting on Joe Louis are being asked to risk $700 to win $100, while Ray Leonard backers are risking $100 to win $550. You may also see a money line bet listed as “Money Line” or “ML” in different spaces. Typically during breaks in the action, sportsbetting sites will post in-game lines. Continue reading
