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Want to run a book on a sporting event?

This is the sheet for you! Each player can place multiple bets on different teams, for different amounts of money. The spreadsheet will work out how much money each winning player has won, as soon as you enter which team emerged victorious.

This is based on the “Parimutuel” betting system. Read more here:

https://en.wikipedia.org/wiki/Parimutuel_betting

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