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Any additional losses are not incurred and that amount is written off by PointsBet. Consider a bettor who wagers $1 on Team X as a favorite of 7 points. If Team X wins by 13 points — covering the spread by 6 points — that bettor will earn a profit of $6 (or 6x his or her original $1 stake). Conversely, if Team X wins by just 1 point ...

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