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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. In some countries it is known as the tote after the totalisator, which ...
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 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 ...
Who is favorite to win 2024 Preakness? Betting guide to horses, post positions, odds, picks. Gannett. Chris Sims and Jason Frakes, Louisville Courier Journal. May 16, 2024 at 8:09 AM. The ...
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]
Each-way. An each-way bet is a wager offered by bookmakers consisting of two separate bets: a win bet and a place bet. [] For the win part of the bet to give a return, the selection must win, or finish first, in the event. For the place part of the bet to give a return, the selection must either win or finish in one of the predetermined places ...
E.g. £100 each-way fivefold accumulator with winners at Evens ( 1 ⁄ 4 odds a place), 11-8 ( 1 ⁄ 5 odds), 5-4 ( 1 ⁄ 4 odds), 1-2 (all up to win) and 3-1 ( 1 ⁄ 5 odds); total staked = £200 Note: 'All up to win' means there are insufficient participants in the event for place odds to be given (e.g. 4 or fewer runners in a horse race).
The 2018 Belmont Stakes was the 150th running of the Belmont Stakes and the 107th time the event took place at Belmont Park. The 11⁄2 -mile (2,400 m) race, known as the "test of the champion", is the final leg in the American Triple Crown. It is a Grade I stakes race with a purse of $1.5 million, open to three-year-old Thoroughbreds.