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Sportsbook losses are calculated from the time of your first settled bet until 23:59 the same day. This is when a British player makes a withdrawal request which is approved and paid out into your account all within the same day. In states where online betting remains illegal, bets can only be placed in person. A standard strategy for avoiding laws that prohibit, constrain, or aggressively tax gambling is to locate the activity just outside the jurisdiction that enforces them, in a more gambling friendly legal environment. The rest of the rules regarding splitting and doubling in this game also make it that much harder for players to get a win.
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