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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.
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.
A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake) Returns on the place part of the bet would be £10 × (10/4 × 1) + stake = £35 (£25 winnings + £10 stake)
The 1973 Kentucky Derby was the 99th running of the Kentucky Derby at Churchill Downs in Louisville, Kentucky. Secretariat won the Derby in a record time of 1: 592⁄5, 21⁄2 lengths ahead of Sham, while Our Native finished in third position. Of the thirteen horses that entered and started the race, all horses completed the event.
Chart A detailed list of statistics about a race. The chart lists the position of each horse at various points of the race, the margin between horses, plus the odds for the race, and each horse's sex, age, weight carried, owner, and trainer. The chart also describes the purse, race conditions, payouts for various winning bets, times and other data.
Trifecta. A trifecta is a parimutuel bet placed on a horse race in which the bettor must predict which horses will finish first, second, and third, in the exact order. [1] Known as a trifecta in the US and Australia, [2] this is known as a tricast in the UK, [3] a tierce in Hong Kong, [4] a triactor in Canada [5] and a tiercé in France. [6]
1st: $3.1 million. The Kentucky Derby ( / ˈdɜːrbi /) is an American Grade I stakes race run at Churchill Downs in Louisville, Kentucky. The race is run by three-year-old Thoroughbreds at a distance of 1⁄4 miles (10 furlongs; 2,012 metres). Colts and geldings carry 126 pounds (57 kilograms) and fillies 121 pounds (55 kilograms).
The 2009 Breeders' Cup Classic was the 26th running of the Breeders' Cup Classic, part of the 2009 Breeders' Cup World Thoroughbred Championships program. It was run on November 7, 2009, at Santa Anita Park in Arcadia, California with a purse of $5,000,000. For the first time in the race's history, a mare won when Zenyatta closed from last ...