How to Bet on NHL Games – A Comprehensive Guide to NHL Betting: Strategies, Tips, and Insights

Excited to gear up and dive into the thrilling realm of betting in the NHL? Whether you’ve been a fan for years or are just starting out fresh and eager to learn more about strategy and tips that will elevate your betting game to heights. This guide is for you! Picture yourself maneuvering through the high-speed action happening on the ice as you dive into analyzing team dynamics and players’ performances like a seasoned pro player would. From grasping how odds work to mastering the types of bets available, in this realm. We’re here to equip you with the knowledge needed to step up your game significantly. Strap, on your skates. Prepare to enter the massive world of NHL betting action!

NHL Betting: A Step-by-Step Adventure

Exploring the realm of NHL betting can bring a mix of thrill and complexity to the table for enthusiasts, like yourself! This comprehensive roadmap aims to equip you with the know-how to place your wagers on NHL matchups smartly and confidently elevate your betting journey.

Step 1: Types of Bets

Knowing about the kinds of bets plays a role, in NHL betting practices. A money line bet represents a method of gambling in which an individual predicts the team that will emerge victorious.

Sportsbooks determine odds by assessing the probability of each team winning a game or match. One team may be favored with odds while the other is seen as an underdog with positive odds in betting scenarios like these Suppose the New York Rangers had odds of +150; a $100 wager could yield $150 in winnings should they emerge victorious whereas for a favorite, at 150 odds requires a $150 bet to earn a $100 profit if successful.

Betting on the puck line includes a point difference. Is often established at 1​. 2 Goals being necessary for your wager to come through. Favored teams have chances with this setup but must secure a solid victory. Placing a bet on the Minnesota Wild at ​​ ​​the point spread indicates that they need to win, by at least a two-goal margin for your bet to be successful.

When you bet on the Over/Under or totals in sports you’re basically attempting to forecast the number of goals that both teams will score in a game or match. Bookmakers establish a standard for the expected goal count. Then bettors decide whether the final tally will surpass (over bet) or go below (under bet) this threshold. This type of betting can be beneficial, for individuals who have an understanding of the abilities of the teams that are competing. For example if a game was predicted to have 6 goals in total but ends with a result of 4 2 the total score exceeds 6 points resulting in the bettors who selected the “, over” option winning their bets.

Proposition bets stand out for their focus on happenings during the game rather than just the ultimate result itself offering a diverse range of possibilities such as individual player achievements (such as goals or assists) or unique moments (like predicting the first team to score). This type of betting brings a level of excitement by allowing you to place bets not just on who wins but also, on different aspects of the game.

Betting futures is about placing bets ahead of time for events in the future. Like predicting the Stanley Cup winner or who will snag the MVP award. Offering potentially big payouts with high odds due, to the long-term nature of these predictions.

Step 2: Choose a Reputable NHL Betting Sportsbook

Picking the sportsbook is crucial for a secure and fun betting journey. Begin by confirming the licensing and regulation of the sportsbook. Every trustworthy sportsbook should hold a license from a body, in the area it operates in to ensure it complies with legal standards and maintains fairness.

This is crucial for consumer protection, as licensed sportsbooks not only ensure a level playing field but also safeguard your deposits.

When selecting a sportsbook to use for betting purposes considering the range of payment methods they accept is important too! Look for platforms that support payment options such as credit cards or e-wallets like PayPal and Skrill as well, as bank transfers to suit your financial preferences and requirements since processing times can differ.

User experience plays a role as well; A user-friendly website or app that is easy to navigate is essential for engaging in live betting activities effectively and effortlessly while being able to swiftly access NHL odds along, with various betting options and promotions.

Make sure to keep an eye on the odds and promotions provided by different sportsbooks as even minor variations in odds could result in significant differences in payouts in the long run; therefore it’s important to compare what each one offers you in order to make an informed decision for yourself! Additionally, several sportsbooks provide enticing bonuses such, as matching deposits or free bets to ramp up your starting funds.

Good customer service is really important, in the end! An established sportsbook should provide ways for customers to reach out for help like live chat or email and even by phone! Try reaching out with basic questions to see how quickly they respond and how willing they are to help you out.

Step 3: Create an Account

Signing up for an account is an important part of getting started with betting activities. It all kicks off during the registration stage when you input details, like your name, email address, and whereabouts. It’s crucial to provide information to ensure your identity can be confirmed later on. This is particularly important when it comes to making withdrawals.

Once your account is created, you will more than likely have to go through age verification. This is very important, since most sportsbooks can only be accessible to those above a certain age, often 21 years of age in many states. Most websites will require some kind of document, like a government-issued ID or utility bill.

Take time to read through the terms and conditions during this step. Many users skip over this, but these documents are normally filled with crucial information regarding bonus offers, withdrawal procedures, and policies concerning the sportsbook. Knowledge of such guidelines can save you from many problems afterward.

Step 4: Deposit Funds

After you’ve created your account successfully and completed the setup process it’s time to add funds and kick things off. To begin this procedure you’ll need to choose a payment method. Many sportsbooks provide choices such, as credit/debit cards, e wallets, bank transfers and occasionally even cryptocurrencies.

Different payment options come with their advantages and disadvantages to consider. E wallets provide transaction processing, for both deposits and withdrawals compared to credit cards which tend to take more time.

Make sure to check the deposit requirements set by the sportsbook before you decide to deposit any funds. Especially if you’re starting with a smaller bankroll.

Sports betting websites often advertise deals to attract new players by offering bonuses that increase the amount of money you start with when depositing funds for the first time This might involve matching your deposit or providing free bets to improve your overall betting enjoyment Make sure to understand the conditions, for these promotions because you may need to reach certain betting amounts before being able to withdraw any bonus money earned

Step 5: Research the Matchups

Conducting thorough research is one of the most significant steps in making informed betting decisions. Start by looking into team performance. Analyze win/loss records, goal differentials, and recent performance trends over several games. 

Consider factors like how often teams win at home compared to on the road, and how they perform against divisional rivals or specific opponents.

Next, examine player statistics. Injuries significantly impact NHL outcomes, especially a star player’s absence. Assess stats like goals, assists, plus/minus ratings, and ice time for performance insights. Changes in lines or pairings also affect results.

Consider situational factors, such as travel fatigue, playoff races, and external stressors, which can influence team performance.

Step 6: Place Your NHL Bets

Informed research empowers you to place bets. Start by choosing your bet type: moneyline, puck line, or scoring totals. Align your choice with your analysis of the matchup.

Next is to input the amount you want to wager. Always consider your bankroll limitations and never bet more than you can afford to lose. Judiciously balancing risk and reward is key. After determining your stake amount, take a moment to review the details of your bet. Double-check that you are betting on the correct team, the intended type of wager and that you understand the presented odds.

The final step is confirming your bet. Once confirmed, your wager is officially placed. It’s important to be aware that most sportsbooks will have a cut-off time for bets, especially for live betting, so ensure you act swiftly if the situation demands.

Step 7: Withdraw Winnings

Once you’ve successfully won your bet and are ready to cash out your winnings¸ the next step is to withdraw your funds from your sportsbook account¸ which should be a process similar, to depositing funds initially¸ Simply head over to the withdrawal section of your sportsbook account and choose your preferred withdrawal method¸ It’s important to note that the withdrawal options may vary from the deposit methods offered by the sportsbook.

Make sure to keep track of how it takes for withdrawals through various methods to go through.E wallets usually process faster than bank transfers which can take a days.Some betting sites have processing times that may stretch during busy periods such, as playoffs.

Make sure you’re ready for verification processes when making significant withdrawals at sportsbooks because they typically verify that your winnings come from legally deposited funds by confirming your identity through documents, like your ID or proof of address.

Final Tips

Maximize your enjoyment and success in NHL betting by embracing bankroll management. Set a clear budget for wagers and stick to it. This protects you from excessive losses and enhances your betting experience. Focus on the thrill of the game rather than chasing losses.

Stay updated on NHL news about your chosen teams and players. Subscribe to newsletters and follow sports analytics platforms. Engage in community discussions to gather useful insights and trends that influence your betting decisions.

It’s crucial to practice responsible betting by viewing this activity as a form of entertainment rather than a source of income. Set limits for yourself and be mindful of how betting habits may affect your daily life. Always approach betting with the mindset of enjoying the experience rather than feeling stressed about the outcome.

Lastly, view your betting experience as a continuous learning process. Review your results and decisions regularly to determine what strategies were successful and where you might improve. This reflective approach not only enhances future betting strategies but deepens your understanding and engagement with the sport itself.

Unlocking the Game: NHL Betting Essentials

Betting on NHL matches can bring thrill and excitement to the sport as a pastime activity that enhances the experience for fans of the game. Before you start placing your bets on games or matches, in the NHL league or any other sports category for that matter. It’s important to have an understanding of how different kinds of bets and odds work to make informed decisions.

Different types of bets in NHL serve purposes and cater to a variety of strategies and risk levels favored by bettors like you! Lets explore the NHL wagering options. Point spread bets for predictions on game outcomes; moneyline for straightforward win loss bets; over/under for total score predictions; prop bets for specific player or game related outcomes; and futures betting for long term predictions, on championship winners or season achievements! Knowing these options will empower you to make informed choices and elevate your betting journey to new heights!

Point Spread Betting

In sports betting circles bettors often use point spread betting to level the playing field between competing teams and increase the competitiveness of matches in sports like hockey where the margin of victory is typically measured in numbers rather, than fractional points as seen in other traditional sports leagues.

In a betting setup where the favorite team is given a spread like. 2 Goals in order to win the bet and the underdog has a positive spread, like + 2 goals to either lose by one goal or win for the bet to pay off.

Betting on point spreads presents thrilling chances, for those backing the underdog team as they can discover odds even when facing a perceived skill disadvantage.

It also prompts you to analyze team performance since you need to gauge the likelihood of a team beating the spread against their rival instead of just choosing a victor.

Moneyline Betting

Money line betting is one of the straightforward types of bets you can make when it comes to NHL wagering. When you place a money line bet, in NHL betting you’re essentially predicting which team will emerge victoriously without considering the score of the game.

Team probabilities offer insights into their likelihood of winning a game – for instance when comparing the odds set by bookmakers for the Boston Bruins at 150 and the New Jersey Devils at +130; portraying the Bruins as the favored team requiring a $150 wager to earn $100, versus a $100 bet placed in favor of the Devils potentially resulting in a profit of $130 upon their victory.

Fans who like to keep it straightforward often lean towards moneyline betting for its simplicity in focusing on winning without the fuss of point spread intricacies. Various sportsbooks may provide odds; hence it’s beneficial to compare multiple sites, for potentially higher payouts.

However, moneyline bets carry risks, especially when wagering on heavy favorites, as the potential returns may be lower.

Over/Under Betting

In NHL games betting scene is the over/under bet which involves predicting the goals scored by both teams in a game.

The sportsbook establishes a standard called the “total.” Gamblers make a choice on whether the ultimate score will surpass or come under this figure set by them as a reference point for betting purposes. For example, if the total is set at 6 goals and the game concludes with a score of 4 to 2, in favor of one team; those who placed their bets on exceeding this total would emerge victorious as the actual total achieved in the game is 6.

Betting of this kind lets fans get more involved in the game than guessing the winning team; it focuses on how the scoring plays out overall. To make smart over and under bets based on research about both teams’ strengths and weaknesses on offense and defense. Like how many goals they typically score per game or allow and their shooting accuracy. As well, as their recent performances.

Keep in mind aspects such as player injuries and weather conditions when determining total scores since they can have an impact along, with previous games played between the teams.

Prop Bets

Proposition bets, often known as prop bets, offer bettors the chance to wager on specific events or outcomes within a game that may not directly affect the ultimate result. 

In NHL betting, prop bets can range widely—from wagering on whether a specific player will score a goal to predicting the total number of assists by a player or even the team that will have the first power play. 

What makes props particularly appealing is their diverse range and potential for creativity. They allow fans to dive deeper into specific player performances or game situations, making each game an engaging experience even if it falls outside traditional outcomes. 

Prop bets encourage bettors to leverage their knowledge of individual players, team compositions, and game scenarios, offering a unique way to enjoy the betting experience.

Futures Betting

Futures betting involves wagering on outcomes that will be determined in the future, typically over the course of an entire season. In the NHL, futures bets often pertain to which team will win the Stanley Cup, which player will take home the MVP award, or the anticipated win totals for a specific franchise. 

These bets often come with attractive odds, as you’re predicting outcomes that are determined over the course of several months, making them riskier but potentially more rewarding.

Futures betting adds an intriguing element to fan engagement, as bettors can track their bets over time, cheering on their chosen teams or players as the season unfolds. Solid research and knowledge of team composition, player health, historical performance, and mid-season trades are essential for making informed futures bets. 

While enjoying the excitement of the current season, you can also long-term invest in your favorite teams and players, creating layers of engagement throughout the entire NHL season.

By understanding these fundamental betting types like point spread, moneyline, over/under, prop bets, and futures, you can develop a more strategic approach to NHL betting. 

Each type allows you to engage differently with the game and caters to various betting preferences. As you hone your skills and knowledge, you’ll find that making informed decisions enhances both the enjoyment and potential success of your betting experience.

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Best Online Site for NHL Betting

When it comes to NHL betting, Betonline or Crypto-Games.io stand out as a premier destination for sports enthusiasts and gamblers alike. This innovative platform combines traditional betting methods with the advantages of cryptocurrency, making it a top choice for those looking to engage in NHL wagers. 

One of the key advantages of Crypto-Games.io is its seamless integration of cryptocurrencies, allowing users to deposit and withdraw funds quickly and easily. This feature not only enhances the security of transactions but also ensures lower fees compared to traditional banking methods, which is particularly appealing for frequent bettors.

Crypto-Games.io offers a user-friendly interface that promotes an enjoyable betting experience and the site is designed for both seasoned gamblers and newcomers, with easy navigation and clear access to NHL betting markets, live odds, and promotional offers. 

The platform provides comprehensive stats and information about teams, players, and matchups, empowering users to make informed betting decisions. The streamlined betting process, combined with responsive customer service, adds to the overall appeal and increases user satisfaction, making it a go-to site for NHL enthusiasts.

One of Crypto-Games.io’s most notable features is its live betting options and this functionality allows users to place bets on NHL games in real-time, making it possible to react to the dynamics of the game as they unfold. 

Promotions and bonuses play a vital role in attracting bettors, and Crypto-Games.io excels in this regard. New users can benefit from generous welcome bonuses and ongoing promotions that reward loyalty and frequent play. Seasonal promotions tailored around NHL events, such as playoffs or championship games, also keep the excitement alive. 

These incentives not only provide extra value for bettors but also foster a vibrant betting community on the platform.

In summary, Crypto-Games.io has established itself as a leading online casino for NHL betting, seamlessly merging cryptocurrency’s benefits with a rich gaming environment, with its user-friendly interface, live betting options, and generous promotions make it an excellent choice for anyone looking to engage with the NHL through a secure and innovative sportsbook. 

Decoding NHL Betting Odds

Understanding how NHL odds work is essential for anyone looking to engage in sports betting, as it dictates how much you can win based on your wagers. 

Odds in the NHL, as in most sports, are presented in several formats, most commonly as American odds, fractional odds, or decimal odds. 

Here’s a detailed breakdown of how NHL odds function, the principles governing them, and how to interpret them effectively.

Types of NHL Odds

• American Odds: This is the most popular format used by sportsbooks in the United States. American odds are expressed as either a positive or negative number. Negative odds (e.g., -150) indicate the favorite, while positive odds (e.g., +130) indicate the underdog. 
• Negative Odds: When a bet has negative odds, this indicates how much you need to wager to win $100. For instance, if the Chicago Blackhawks have odds of -120, you would need to bet $120 to win $100. If they win, you’d receive your initial stake plus $100 in profit.
• Positive Odds: Conversely, positive odds illustrate how much profit you would earn on a $100 bet if that team wins. So, if the Vancouver Canucks are at +150, a $100 bet would yield a profit of $150 if they win, in addition to your original $100 stake being returned.
• Decimal Odds: Commonly used in Europe, decimal odds reflect the total amount you would receive if your bet is successful, including your initial stake. For example, if the odds are 2.50, a $100 wager would return $250 ($100 x 2.50), which includes your original bet of $100 plus $150 in winnings.
• Fractional Odds: This format is more traditional and often used in horse racing but can appear in NHL betting as well. Fractional odds represent the profit relative to the stake. For instance, odds of 5/2 mean that for every $2 bet, you would earn $5 in profit if your selection wins. If you bet $100, you’d receive $250 in total (your profit of $250 plus your initial $100 stake).

How Odds are Set

Odds are determined by sportsbooks based on a variety of factors, including:

• Team Performance: Historical performance, win-loss records, and recent trends play a critical role in setting pre-game odds. Data-driven analysis can help sportsbooks forecast outcomes more accurately.
• Player Statistics: Individual player performance, including goals, assists, injuries, and overall contributions, can significantly influence the odds. For example, if a team’s star player is sidelined due to injury, the odds may adjust to reflect that decreased likelihood of winning.
• Game Location: Home-ice advantage is significant in the NHL, as teams often perform better on their home ground due to familiarity with the rink and support from local fans. As a result, odds are typically adjusted to account for this factor.
• Public Sentiment: Sportsbooks also take public betting patterns into consideration. If a large volume of bets is placed on one team, the odds may shift to encourage betting on the other side, balancing the bookmaker’s financial risk.

Understanding Implied Probability

Odds can also be converted into implied probability, which provides insight into how likely a sportsbook thinks an outcome is. The formula to calculate implied probability from American odds is as follows:

• For negative odds: Implied Probability = Absolute Value of Odds / (Absolute Value of Odds + 100) and as an example, A team with odds of -150 would have an implied probability of 150 / (150 + 100) = 0.60 or 60%.
• For positive odds: Implied Probability = 100 / (Odds + 100) and as an example, A team with odds of +130 would have an implied probability of 100 / (130 + 100) = 0.43 or 43%.

Understanding these calculations helps bettors compare the implied probabilities with their own assessments of the game to identify value betting opportunities and situations where they believe the odds are mispriced by the sportsbook.

Reading NHL Odds During Live Betting

NHL odds can change dynamically during a game, particularly in the excitement of live betting. As the game progresses, factors like game score, penalties, and player injuries impact the odds in real-time, affecting how you can bet during the match. 

Understanding how to read and interpret these live odds can provide significant opportunities for informed wagering, as you can capitalize on developments as they unfold.

NHL odds are a crucial aspect of the betting landscape, determining how much you could win based on your wagers. By understanding the various formats of odds—American, decimal, and fractional—and the factors that influence their movement, fans can become more adept at placing informed bets. 

Familiarizing yourself with the concept of implied probability and monitoring changes during a game can also enhance your strategy, making betting on NHL matches both more thrilling and potentially lucrative. Remember to balance your betting activities with research and responsible wagering practices to ensure an enjoyable experience.

Winning Strategies for NHL Betting Success

Betting on NHL games can be exciting and potentially profitable, but it’s essential to approach it with a strategic mindset to increase your chances of success. Below are some key strategies to consider, broken down into steps with detailed explanations for each.

1. Conduct Thorough Research

Successful NHL betting begins with comprehensive research. Understand the teams, players, and overall dynamics of the league. Analyze statistics such as win-loss records, goals per game, goals against, power play effectiveness, and special teams’ performance. 

Pay attention to player injuries and suspensions, as they can significantly impact a team’s performance. When a star player is injured, for example, the team’s chances of winning might significantly decrease, leading to less favorable outcomes for bettors. 

Reviewing expert analysis, betting forums, and sports news can also provide valuable insights into potential outcomes. Ultimately, the more informed you are, the better equipped you will be to make sound betting decisions.

2. Understand Betting Odds

Understanding how betting odds work is crucial for making informed wagers. Familiarize yourself with the different formats of odds—American, decimal, and fractional—and how to interpret them. 

Beyond just seeing who is favored to win, learn how to calculate implied probabilities based on the odds. This will help you identify value bets where you believe the sportsbook’s odds do not accurately reflect the true chances of an outcome.

Also, keep in mind that odds can fluctuate based on public sentiment and betting volume. For instance, if a significant amount of money is bet on one team, it may shift the odds to balance the sportsbook’s risk. 

3. Specialize in Certain Teams or Divisions

Rather than trying to bet on every NHL game, consider specializing in certain teams or divisions. This focused approach allows you to gain deeper insights into specific teams’ strengths, weaknesses, and betting patterns. 

For instance, if you specialize in the Atlantic Division, you can follow the intricacies of rivalries, coaching strategies, and player performances more closely. Engaging with the teams you know well enables you to make better-informed bets, and your familiarity with those teams can reveal trends that aren’t as readily apparent to casual bettors.

4. Monitor Line Movements

Keeping track of line movements is a vital strategy in NHL betting, as shifts in betting lines can indicate where the smart money is going. This is especially true in the NHL, where injuries or changes in starting goalies can influence how a matchup is perceived. 

If you notice a significant line shift, it’s crucial to determine the reason behind it, is there a key injury or perhaps a change in strategy that the public hasn’t caught onto yet?

By understanding these movements, you may identify value opportunities that others have missed or manage your bets better by waiting for an optimal line.

5. Embrace Bankroll Management

Effective bankroll management is fundamental to long-term success in sports betting. Establish a clear budget for how much you are willing to wager over a season and stick to it. 

A common strategy is to limit individual bets to a small percentage of your overall bankroll (typically 1-5%). This approach mitigates risk and helps you weather inevitable losses without depleting your funds.

Monitoring your success helps identify areas for improvement and ensures that your betting activities remain enjoyable and sustainable.

6. Use Analytical Tools and Resources

Use analytical tools, statistics, and industry trends to enhance your betting strategy. Websites focused on sports analytics offer advanced metrics like Corsi and Fenwick (which track puck possession), shooting percentages, and goaltending stats. These can reveal trends and insights that basic stats might miss.

Also, utilize social media and sports forums to engage with the betting community. Connecting with experienced bettors can provide valuable insights.

However, be cautious of groupthink. Always trust your judgment before placing a bet based on others’ opinions.

7. Stay Disciplined

Discipline is one of the most critical elements of successful betting. Emotions can lead to impulsive decisions, which often result in losses. 

A disciplined bettor adheres to their strategy, refrains from chasing losses, and avoids betting on impulse, such as wagering on their favorite team without analyzing the matchup objectively.

Set clear criteria for when to place a bet, and avoid deviating from those guidelines out of frustration or excitement. Maintaining a level-headed approach, especially after a losing streak, is vital. 

Staying disciplined will allow you to return to focus, re-evaluate your strategy, and approach the next set of games with renewed clarity and purpose.

Top Sportsbooks for Thrilling NHL Betting Action

When it comes to betting on NHL games, choosing the right sportsbook can enhance your overall experience and profitability. A reliable sportsbook provides competitive odds, an intuitive interface, and attractive bonuses. With numerous options on the market, it’s essential to find a platform that meets your needs. 

Here, we’ll review some of the best sportsbooks for NHL betting:

Choosing the right sportsbook for NHL betting is crucial for enhancing your betting experience. Each platform listed above has unique strengths, with Crypto-Games.io leading the pack for its innovative approach to cryptocurrency, minimal fees, and fast payouts. 

Choose a sportsbook that matches your preferences, whether it’s extensive options at BetOnline, daily fantasy integration at DraftKings, generous bonuses at FanDuel, or PointsBet’s unique style.

Selecting a reputable sportsbook that fits your strategy enhances your NHL betting experience and adds to the excitement of the game.

Always remember to wager responsibly and have fun!

The Pros and Cons of NHL Betting Strategies

NHL betting strategies can help bettors make informed decisions and improve their chances of winning. However, like any form of gambling, they come with their own set of benefits and drawbacks.

Takeaways for Thriving in NHL Betting

NHL betting excites fans and seasoned bettors alike, providing an engaging way to connect with the sport. As one of the fastest-paced leagues, the NHL offers many opportunities to wager on games, player performances, and league outcomes.

However, it’s critical to approach betting with a well-thought-out strategy. Understanding the intricacies of the sport such as team dynamics, player statistics, coaching strategies, and historical performance which plays a crucial role in making informed betting decisions. 

However, it’s vital to acknowledge the inherent risks associated with NHL betting. No strategy can guarantee consistent profits, and the unpredictable nature of sports adds an additional layer of uncertainty. 

Bettors should maintain realistic expectations and recognize that losses are a part of the process. This understanding can help mitigate the psychological impact of downturns, allowing for a more sustainable and less stressful wagering experience. 

Finally, NHL betting can serve as an exhilarating complement to following the league, provided it is approached thoughtfully and responsibly.

Bettors can boost their enjoyment and success by gaining knowledge, practicing discipline, and adopting a strategic mindset.

Like any form of gambling, it’s essential to balance the excitement of competition with the associated risks, keeping the experience fun and entertaining.

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