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  • Yes, it's possible to make money with sports betting, but it's risky. Success requires knowledge, research, and luck. Many people lose money, so it's crucial to bet responsibly, understand the odds, and have a strategy. Consistent profits are challenging, and it's essential to be aware of potential losses.
    Yes, sports betting is profitable but it's not easy or guaranteed. It requires a lot of research, time, money and patience. There will always be stories about someone turningR$5 intoR$100K off a parlay, which might increase your appetite to bet with the hopes of striking big.
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    To open a sportsbook, one must have a detailed business plan and access to sufficient funds, which will be influenced by the target market, licensing costs, and monetary guarantees required by the government. The expected bet volume and marketing strategies will affect the needed funds.
    The hangup is that in CA, all gambling outside a licensed gambling establishment is illegal, as is the facilitation of collection of those bet debts. You can be convicted of a felony for even setting up such a site and handling the first transaction or even offering your services to the public.
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