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1. Choose a topic: The group agrees on a topic to bet on. This could be anything from sports events, 🔑 political races, or even more trivial subjects like guessing the number of jelly beans in a jar.

2. Decide on the 🔑 amount to bet: Participants then decide on the imaginary "stake" for each bet. This amount can vary and should be 🔑 an amount that all participants are comfortable with.

3. Make predictions: Each participant makes their prediction or "bet" regarding the chosen 🔑 topic. For example, if the topic is a sports event, each participant might bet on the team they think will 🔑 win.

4. Keep track of the score: As the actual event unfolds, the group keeps track of who made the correct 🔑 predictions. The person with the most correct predictions at the end of the event is the winner.

5. Determine the reward: 🔑 The winner of the game receives a reward, which could be anything from bragging rights to a physical prize.