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Credit Bet

general

A credit bet is a wager made on credit, rather than with cash. This is a practice that is generally discouraged and is often illegal in regulated gambling environments. It can lead to serious debt problems for the bettor and is a sign of problem gambling.

Key Takeaways

  • 1A credit bet is a wager made on credit, rather than with cash. This is a practice that is generally

Credit Bet

A credit bet is a wager made on credit, rather than with cash. This is a practice that is generally discouraged and is often illegal in regulated gambling environments. It can lead to serious debt problems for the bettor and is a sign of problem gambling.

Example

He was in deep with the bookie after making a series of credit bets that he couldn't afford to lose.

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