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  2. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed — in fixed-odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and it is offered in many places where gambling is otherwise illegal.

  3. Off-track betting - Wikipedia

    en.wikipedia.org/wiki/Off-track_betting

    Since then, the industry has flourished nationwide, with hundreds of off-track betting facilities across the country. [6] This industry is federally regulated by the Canadian Pari-Mutuel Agency (CPMA). The CPMA makes regulations in respect to pari-mutuel betting, and is responsible for ensuring the integrity and fairness of betting systems in ...

  4. Betting on horse racing - Wikipedia

    en.wikipedia.org/wiki/Betting_on_horse_racing

    In 1908 pari-mutuel (tote) betting was introduced, helping the industry to prosper and that has continued to be the case to the present day. Pari-mutuel betting is currently legal in 32 US states. Due to new legislation horse race betting in the US could change significantly in the near future.

  5. Advance-deposit wagering - Wikipedia

    en.wikipedia.org/wiki/Advance-deposit_wagering

    All 62 New York State counties are represented. Table 2 lists the number of accounts by the county in which the zip code originated. Table 2-A lists the number of accounts by statutorily defined Off-Track Betting Regions. NJ Account Wagering, Sol Mutuel, Global Wagering Solutions and Elite Turf Club reported having no New York accounts.

  6. Historical horse racing - Wikipedia

    en.wikipedia.org/wiki/Historical_horse_racing

    Payouts are based on traditional pari-mutuel processes. [6] The player's wager is divvied up into several "betting pools" for different winning possibilities, such as picking the winner of the race, picking the top three finishers in exact order, or any of the three selections finishing first and second. [9]

  7. Gaming halls with HHR machines are booming in Kentucky ... - AOL

    www.aol.com/gaming-halls-hhr-machines-booming...

    The gaming hall at Kentucky Downs has brought players across the border from Tennessee, where pari-mutuel wagering does not exist, much like Indiana casinos brought sports bettors over the border ...

  8. Tote board - Wikipedia

    en.wikipedia.org/wiki/Tote_board

    Behind the betting windows at Ascot racetrack, Australia February 1939. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot (the stakes on all competitors) is divided pro rata to the stakes placed on the winning competitor, and those tickets are paid out.

  9. French far-right unlikely to back no-confidence vote against ...

    www.aol.com/news/french-far-unlikely-back-no...

    Bayrou rammed the 2025 budget bill through parliament on Monday, betting that he has made enough concessions to his rivals to survive a no-confidence motion that could cut short his premiership ...