ELI5: Explain Like I'm 5

Full cover bet

A full cover bet is a kind of bet when you bet on more than one thing at the same time. For example, if you go to a race track and you want to bet on which horse will win the race, you might decide to bet on more than one horse at the same time. That is a full cover bet - you are betting on all the horses you picked, not just one.
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