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Questions tagged [7 fold bet]

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Sun Nov 10 2024 | 5 answers 1156

What is a 7 fold bet?

I'm trying to understand what a 7 fold bet is. I've heard of it in gambling circles, but I'm not entirely sure how it works or what it entails. Could someone please explain?

What is a 7 fold bet?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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