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William Benter (born 1957) is an American professional gambler and philanthropist who focuses on horse betting.Benter earned nearly $1 billion through the development of one of the most successful analysis computer software programs in the horse racing market and is considered to be the most successful gambler of all time.
In 2013, William Hill paid £424 million ($643 million) for full control of its online business marking an accelerated expansion and resulted in the dissolution of the partnership with Playtech. [25] In May 2015, William Hill presented prototype of "Get In The Race" – a virtual horse racing application. [26]
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
Sports Information Services [2] (SIS) is a company which provides content and production services to the betting industry; such as horse racing and greyhound racing, to betting shops in the United Kingdom and Ireland and other worldwide destinations. Previously, they provided news gathering services and specialised broadcast solutions to ...
The law on betting on horse racing and lotteries was passed by the German legislature and came into force on 1 July 2012. [12] Since then, a tax of 5% of the bet must be paid to the tax authorities for all sports betting (offline and online). This affects the entire sports betting market in Germany.
Horse racing betting is legal in the United States with a unique legal status compared to other forms of gambling. The Interstate Horseracing Act of 1978 grants specific exemptions to horse racing from federal anti-gambling laws. American betting on horse racing is sanctioned and regulated by the state the racetrack is located in. [21] [22]
As with all other American racing wagers, the "double" is conducted in parimutuel fashion, but with the number of betting interests in the daily double pool equal to the product of the number of entries in each race. For example, if there are 10 entries in the first race and eight in the second, there will be 80 betting interests, one for each ...
At a betting shop, there are typically noticeboards listing the racing form for the day's horse racing from trade issues of the Racing Post or a similar equestrian publication. [citation needed] Most betting shops now offer free tea and coffee to attract punters. They usually have large televisions covering all the events, like an American ...