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When placing a bet, odds are used to calculate the total payout amount that will be returned if it wins; this includes profit as well as their original stake or wager; this percentage also known as implied probability percentage will depend upon both odds format and bookmaker used. Support many promotions, Sportsbet was fined for violating the Interactive Gambling Act and issued with a warning that continued violations will result in it losing its license to operate within Australia. Sportsbet paid affiliates commissions in an effort to promote its products which was in direct violation of legislation.
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