Futures are defined as a single wager that is placed based upon the outcome of an event taking place in the future. Picking the winner of the World Series, Stanley cup or the Super Bowl are examples of future bets. A fractional format is how the odds are normally given. (for example, 4/1). When you place a bet, no matter where you are, or what you may change your name to, or where you may move to, you ne need to remember that when you place a wager it requires action.
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