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Fixed odds are where you wager on a sporting event, and the odds are locked in. This means that the odds will not change, regardless of what happens in the This article examines the regulation of fixed-odds betting in Brazil, focusing on the legislative process that led to the enactment of Law No. 14.790/2023. Fixed-odds horse racing betting works like standard sports betting. The sportsbook or racetrack posts the odds, and customers get paid according to those odds
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