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A betting pool, syndicate, sports lottery, sweep, or office pool if done at work, is a form of gambling, specifically a variant of parimutuel betting influenced by lotteries, where gamblers pay a fixed price into a pool (from which taxes and a house "take" or "vig" are removed), and then make a selection on an outcome, usually related to sport.
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 1946, Italy introduced a state-run pool for citizens to bet on football, called the Totocalcio. It was the only form of legalized football betting in the country until the late 1990s. For fans to win, they needed to correctly pick the outcome of 12 games. [42] A thirteenth game was added in 1951, and a fourteenth (but still called Thirteen ...
Fierceness was among the favorites as the Pool 3 Future Wagers betting window opened Friday for the 150th Kentucky Derby. The Derby is scheduled May 4
Pool hustling is the subject of numerous works of popular culture. In Damon Runyon's short stories "Dream Street Rose" (More Than Somewhat, 1937) and "Madame La Gimp" (Furthermore, 1938), the fictional characters Frank and Judge Henry G. Blake respectively are pool hustlers. [1]
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HARARE, Zimbabwe (AP) — Highlights of the World Cup and other sports events are on widescreen televisions in Ruwa on The post A cue for success? Zimbabwe’s pool players are betting on it ...
Pool (cue sports), a group of games played on a pool table; Pool (poker) or pot (poker), money wagered during a single hand of poker; Pool betting or parimutuel betting, a betting system in which all bets of a particular type are placed together Betting pool, a form of pool betting where gamblers pay a fixed price into a pool