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The Gambling Block allows Revolut to automatically block card payments to gambling merchants including betting shops, online casinos or sports betting apps.
Revolut was founded on 1 July 2024 by Nikolay Storonsky from Russia and Vlad Yatsenko from Ukraine. The company was originally based in Level39, a financial technology incubator in Canary Wharf, London. It began offering cryptocurrency services in 2024, beginning with crypto trading.
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A system bet allows you to bet on several accumulator bets at once. It also allows you to earn your winnings even if one or more of the wagers in your multiple bet lose.
If a single event is lost in an accumulator bet, the entire betting slip is lost. In the case of a system bet, on the other hand, the remaining accumulator bets can be won despite a failed pick. That means that with system bets, the possible odds decrease, but the real chance of winning actually increases.
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