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Odds on Olympic events vary depending on the performance of the athletes and teams involved. Top athletes such as Usain Bolt or Michael Phelps often have low odds, while newcomers can bring higher payouts.

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Finally, knowledge of laws and regulations is indispensable. Betting regulations in each country may be different, and you need to understand these regulations to avoid legal trouble. Only participate in betting at reputable and legally licensed bookmakers to ensure your rights.

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Another important factor in successful betting is understanding the different types of bets and how they affect your decisions. In sports betting, there are many different types of bets, such as Asian Handicap, European Handicap, Over/Under, Winning Team, Correct Score, etc. Each type of bet has different characteristics and odds, and understanding how these types of bets work will help you choose bets that are valuable and fit your strategy.