Parimutuel betting
id:
parimutuel-betting-169-8043878
title:
Parimutuel betting
text:
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 calculates and displays bets already made. The parimutuel system is used in gambling on horse racing, greyhound racing, jai alai, and other sporting events of relatively shor
brand slug:
wiki
category slug:
encyclopedia
description:
Betting system in which all bets of a particular type are placed together in a pool
original url:
https://en.wikipedia.org/wiki/Parimutuel_betting
date created:
2001-11-30T17:05:19Z
date modified:
2024-08-31T09:02:50Z
main entity:
{"identifier":"Q1184866","url":"https://www.wikidata.org/entity/Q1184866"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/a/a2/Betting_on_the_Favorite.jpg","width":1142,"height":757}
fields total:
13
integrity:
16