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In 1996 InterCasino, based in Antigua, became the first online casino to accept a real money wager online (4 Online Gambling, 2006; Schwartz, 2006).

The first online casino opened in 1994, completely changing how people wager. The incident signaled the start of a brand-new era in gaming. One no longer needs to drive to Las Vegas or Atlantic City to enter the casino. They could now perform it in the convenience of their own homes.

The under bet is even money, meaning a winning bet would double the amount placed on the bet. However, the over is -120, meaning you'd have to betR$120 to winR$100 (orR$12 to winR$10). This usually means that the over is getting more bets and/or is viewed as the slightly more likely outcome.

An over/under bet is determined by the total points/runs/goals scored by both teams in a game. The bettor selects either the "over" option (predicting more total points/runs/goals) or the "under" option (predicting fewer total points/runs/goals) compared to the specified game value.