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¡°Sportsbooks make a 30 percent profit on parlays vs. five or six percent with straight bets,¡± says Jeff Edelstein, a senior analyst at USBets, a site devoted to sports gambling. ¡°People love parlay bets. Who doesn¡¯t like putting down a little to win a lot?¡±
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"Where there are bad actors on Twitter, we continue to put tools in place to ensure a safe experience for sports bettors on the platform," Dupree said. "One thing to start with is before placing bets based on a tip on Twitter, sports bettors should take a quick second look at the account and ask if it's a trustworthy source of information. Is it verified? Have you looked at their bio, their past tweets? There's some work we should do as bettors to make sure we're following legitimate and trusted sources."
Many sports fans are now turning to online casino games in addition to online sports betting.