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The first sports bets are stated to have existed for the 23rd Olympiad in 676 BC. Back then, betting on gladiator fights was very popular, with the bet being placed on the supposedly greatest gladiator. Chariot racing and of course the disciplines of the Olympic Games have been additionally extremely popular for betting. All level spreads have odds attached to them, and more often than not, those odds are -110 for both groups. Betting on the games and matches of many sports activities use a system known as a degree spread.