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Parimutuel betting. Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator, which ...
There are four types: horse racing, bicycle racing, powerboat racing, and asphalt speedway motorcycle racing. They are allowed by special laws and are regulated by local governments or governmental corporations. All four types employ parimutuel betting. The prize pool for gamblers on these races are 70–80% of total sales.
Horse racing (競馬, keiba) is a popular equestrian sport in Japan, with more than 21,000 horse races held each year. There are three types of racing that take place in Japan - flat racing, jump racing, and Ban'ei Racing (also called Draft Racing). In Japan, horse racing is organized by the Japan Racing Association (JRA) and the National ...
The Arima Kinen (有馬記念) is a Grade I flat horse race in Japan open to Thoroughbreds which are three-years-old or above and the world's largest betting horserace. [2] It is run over a distance of 2,500 metres (approximately 1 mile and 4 + 1 ⁄ 2 furlongs) at Nakayama Racecourse, and it takes place annually in late December.
Betting on horse racing or horse betting[1] commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. [2][3] Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks.
Tote board. A tote board (or totalisator / totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the ...
Contrail (Japanese: コントレイル, foaled 1 April 2017) is a champion Japanese Thoroughbred racehorse who won the Japanese Triple Crown in 2020. He was one of the leading two-year-olds in Japan in 2019 when he was undefeated in three races including the Tokyo Sports Hai Nisai Stakes and Hopeful Stakes. In 2020 he maintained his unbeaten ...
Tokachi, Japan. A Ban'ei race in Obihiro, 2020. Ban'ei kyōsō (ばんえい競走, lit. "pull race") is a form of Japanese horse racing in which draft horses pull heavy sleds up sand ramps, urged-on by jockeys balancing on the sleds. The horses used in the races are often either purebred or crosses of Percheron, Breton, and Belgian breeds. [1][2]