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Smart money
01
dommages-intérêts punitifs
people who are highly experienced or who have inside information
02
dommages-intérêts punitifs
bets or wagers made by experienced or professional bettors who have a reputation for making successful bets due to their access to insider information, advanced statistical models, or other tools and resources
03
dommages-intérêts punitifs
(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)