Knowledge

Parimutuel betting

Source 📝

1074:, bookmakers also offer exotic wagers on horses at different tracks. Probably the Yankee occurs most commonly: in this the bettor tries to pick the winner of four races. This bet also includes subsidiary wagers on smaller combinations of the chosen horses; for example, if only two of the four horses win, the bettor still collects for their double. A Trixie requires trying to pick three winners, and a Canadian or Super Yankee trying to pick five; these also include subsidiary bets. There are also other bets which are large combinations of singles, doubles, trebles and accumulators some of them are called Lucky 15, Lucky 31, Heinz, Super Heinz, Goliath. The term nap identifies the best bet of the day. 853:
has 60 possible permutations and costs 60 times the betting base amount (5 × 4 × 3). In France, a "box" gives only the ordered permutations going along an ordered list of numbers such that a trifecta box with six numbers would cost 20 times the base amount. For a single race, a wheel bet picks the winning horse, paired with any of the remaining horses in the field to finish second. For example, a wheel bet of "3-all" in a given race picks the #3 horse to win, and any other horse in the field to finish second (each permutation being a single bet - thus, in this example, if there are 5 horses in the field, a "3-all wheel" would 4 bets).
888:
its satellite locations which grows until someone picks six winners correctly. There is also a consolation prize for those who pick five winners correctly, divided amongst the number of tickets registered in the system with five out of six right, in a case where nobody gets five or six winners, a four out of six consolation prize may occur. A Place Pick Nine makes up for the increased difficulty of the high number of races by allowing a second-place finish for a bettor's selected horse to count as a win.
998:
the full winning amount shown on the board, or half the winning amount. Under a flexi system the bettor can nominate their desired total wager, and their percentage of payout is determined by this wager's relationship to the full unit price. Using a five horse box trifecta, the bettor may wish to lay only $ 20 on the outcome. Their percentage of winnings is now calculated as $ 20/$ 60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet.
131: 36: 750: 897:
wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race. A multi-race wheel (cf. wheel, above) consists of betting all horses in one race of a bet involving two or more races. For example, a 1-all daily double wheel bets the 1-horse in the first race with every horse in the second.
1496:"Gagnant en 6" and "Gagnant en 7" dividends paid to winning bettors who selected five, six and seven horses respectively. The "Multi" bet operates on races with 14 or more starters. The "Mini Multi" operates on races with 10 to 13 starters and only allows for a maximum of six selections with no "Gagnant en 7" dividend. 857:
commonly occurring when a favorite is paired with a longshot. A winning quinella can pay more than a winning exacta box, which can be determined by summing the quotients of the quinella payout and dividing by each exacta permutation payout—the quinella bet has a superior payout if the sum is greater than one.
1453:
Simple Placé (Place): The bettor must pick a runner that finishes either first, second or third in the race. If there are 7 or less starters in the race then third place is not counted and the bettor must pick a horse that finishes either first or second. This bet type is not available on events with
1187:
V75: The bettor must pick the winners of seven nominated races at the same track. Return is also given for (combinations of) six or five winners picked correctly, even if the same bet included more correct picks. The betting pool is split into three separate pools for all combinations of seven (40%),
891:
Jackpot: A twist on the traditional Pick 6 or Hi 5 bet is one where the progressive jackpot is paid only if there is one winning bet. In this case, the consolation prize is given to the multiple holders of the winning bets with the jackpot growing until there is one winner. If there is no winner when
887:
Pick six or Sweep six: Traditionally, the bettor must pick the winners of six consecutive races. However, there are variants ranging from three to nine races, with a four-race bet known as a Pick Four. Exclusively for the pick six, a progressive jackpot is sponsored by the host track and available at
1495:
Multi/Mini Multi: The bettor selects between 4 and 7 horses for the Multi and between 4 and 6 for the Mini Multi which must contain the first four finishers in the race in any order. The main "Gagnant en 4" dividend is paid to winning bettors who selected four horses, with decreasing "Gagnant en 5",
1485:
ticket is given a number between 1 and 3,000 for a possibility of winning the Tirelire which is a cumulated jackpot of at least 500,000 € but often exceeding millions of euros. In order to win this jackpot, one needs to win the Quinté Ordre (five first finishers in order) and have the winning number
1480:
Quinté+: The bettor aims to correctly pick the first five finishers in the race with a main dividend paid for selecting the first five runners in their exact finishing order, a secondary "Désordre" dividend paid for the selecting the first five finishers but in an incorrect finishing order, a "Bonus
1005:
and First4 betting is now offered. For a Roving Banker First4 the player selects one, two or three runners they believe will definitely finish 1st, 2nd, 3rd or 4th, and up to three selections as Roving Banker(s) with other runners to fill the remaining place(s). A Roving Banker Trifecta is where the
900:
People making straight bets commonly employ the strategy of an "each way" bet. Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent
852:
of the numbers in the box. A trifecta box with three numbers has six possible permutations (for each of the three horses in the "box" that can finish first, there are two possibilities for which will finish second: 3 × 2) and costs six times the betting base amount. A trifecta box with five numbers
409:
In some situations, a negative breakage may occur—for example, in horse racing when an overwhelming favorite wins (or shows or places). The parimutuel calculation results might call for a very small winning payout (say, $ 1.02 or $ 1.03 on a dollar bet), but legal regulations might require a larger
279:
for the wagering company is deducted from the pool. For example, with a commission rate of 14.25% the calculation is: $ 1028 × 0.1425 = $ 146.49. This leaves a remaining amount of $ 881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $ 881.51 / $ 110.00 =
1472:
Tiercé/Tiercé Classic: First created in 1954. The bettor must correctly pick the first, second and third finishers in the race with a main dividend paid for selecting the exact order of finish, and a secondary "Désordre" dividend paid for selecting the correct three runners but in the wrong order.
997:
In Australia, certain exotic bet types can be laid as "flexi" bets. Usually the price of an exotic bet is determined by a set multiple of the outcome, for example $ 60 for a five horse boxed trifecta at one unit ($ 1)—or $ 30 at half unit (50c). If the bet is successful, the bettor will get either
896:
Win, place and show wagers class as straight bets, and the remaining wagers as exotic bets. Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which bettors bet all possible combinations of a group of horses in the same race. A key involves making a multiple
1476:
Quarté+: The bettor aims to correctly pick the first four finishers in the race with a main dividend paid for selecting the first four runners in their exact order of finish, a secondary "Désordre" dividend paid for the selecting the first four finishers but in an incorrect finishing order and a
1191:
V86: The bettor must pick the winners of eight nominated races at the same track. Return is also given for (combinations of) seven or six winners picked correctly, even if the same bet included more correct picks. The betting pool is split into three separate pools for all combinations of eight
856:
Quinella or Quiniela: the bettor must pick the two horses that finish first and second. Final order does not matter. This bet is technically different than an exacta box, which is two bets total, one for each possible finishing permutation. Each horse's odds will produce two different payouts,
287:
Prior to the event, betting agencies will often provide approximates for what will be paid out for a given outcome should no more bets be accepted at the current time. Using the wagers and commission rate above (14.25%), an approximates table in decimal odds and fractional odds would be:
1259:
Triple Trio: Select correctly the 1st, 2nd and 3rd in any order in each of the three nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st, 2nd and 3rd horses in any order in the first two Legs of the three nominated
1006:
player believes that one or two runners will definitely finish 1st, 2nd or 3rd. The bet can be placed by picking the player's favourite runner to finish in any place within the bet and complete the Trifecta with any number of other runners to fill the other placing(s).
1252:
Treble: Select correctly the 1st horse in each of the three nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st horse in the first two Legs and the 2nd horse in the third Leg of the three nominated
1097:
Place: Runner must finish within the first two places (in a 5–7 runner race), three places (8–15 runners and non-handicaps with 16+ runners) or four places (handicaps with 16+ runners). (From 23 April 2000 to 23 May 2010, Tote Ireland operated 4-place betting on
1248:
Double: Select correctly the 1st horse in each of the two nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st horse in the first nominated race and the 2nd horse in the second nominated
1412:(拡連複): The bettor must pick the two runners which finish the top three—no need to specify an order (For example, when the result of race is 3-6-2-4-5-1, the top three runners are 2, 3 and 6, and winning combinations are 2-3, 2-6 and 3-6.) (all four). 1473:
Essentially a combination Trio Ordre/Trio bet with the main dividend paying at least 5 times the secondary one. On popular or famous races this bet type is sometimes labelled "Tiercé Classique" but follows the same rules as the standard Tiercé.
731:
led to "rebate shops". These off-shore betting shops promise to return some percentage of every bet made to the bettor. They may reduce their take from 15–18% to as little as 1–2%, while still generating a profit by operating with minimal
1481:
4" dividend for selecting the first four finishers in any order, a "Bonus 4sur5" dividend for selecting four of the first five finishers in any order and a "Bonus 3" for selecting the first three finishers in any order. Furthermore, each
941:: Runner must finish first, second or third place. In events with five to seven runners, no dividends are payable on third place (signified by "NTD" or No Third Dividend) and in events with 4 or fewer runners, only Win betting is allowed. 1170:
V3: The bettor must pick the winners of three nominated races at the same track. Unlike V4, V5, V65 and V75, where a bet for all races must be made before the start of the first race, in V3 the bettor selects the winner one race at a
1337:): To place one bet to Win and another bet to Place-Show. (For example, betting 1,000 yen to Each-way means betting 500 yen to Win and 500 yen to Place-Show.) Wager must be multiple of 200 yen (JRA-sanctioned horse racing). 1263:
Six Up: Select correctly the 1st or 2nd horse in each of the six nominated races. There is a bonus prize given under the conditions that the player has selected correctly the 1st horse in each of the six nominated
873:
Double: the bettor must pick the winners of two successive races (a 'running' or 'rolling' double); most race tracks in Canada and the United States take double wagers on the first two races on the program (the
1183:
V64: The bettor must pick the winners of six nominated races at the same track. Return is also given for (combinations of) five or four correctly picked winners, even if the same bet included more correct
1180:
V65: The bettor must pick the winners of six nominated races at the same track. Return is also given for (combinations of) five correctly picked winners, even if the same bet included all the six winners.
267:
of money on the event is $ 1028.00. Following the start of the event, no more wagers are accepted. The event is decided and the winning outcome is determined to be Outcome 4 with $ 110.00 wagered. The
692:, New Zealand, in 1913, and they came into widespread use at race courses throughout the world. The U.S. introduction was in 1927, which led to the opening of the suburban Arlington Racetrack in 1217:
Place: Select correctly the 1st, 2nd or 3rd horse in a race with 7 or more declared starters, alternatively select correctly the 1st or 2nd in a race where there are 4 to 6 declared starters.
1111:
Trifecta: The bettor must correctly pick the three runners which finish first, second, and third, in the correct order (introduced on 26 May 2010, replacing Trio which allowed any order).
786:
There may be several different types of bets, in which case each type of bet has its own pool. The basic bets involve predicting the order of finish for a single participant, as follows:
512: 1032:
Place: Runner must finish within the first two places (in a 5–7 runner race), three places (8–15 runners and non-handicaps with 16+ runners) or four places (handicaps with 16+ runners).
881:
Triple: the bettor must pick the winners of three successive races; like doubles, many tracks offer "running" or "rolling" triples. Also called pick three or more commonly, a treble.
860:
Any2 or Duet: The bettor must pick the two horses who will place first, second or third but can finish in any order. This could be thought of as a double horse show key (see below).
1188:
six (20%) and five (40%) correctly picked winners. This is the largest nationwide betting game in Sweden, running each Saturday with weekly pools of about 80 MSEK ($ 11 million).
1330:): Runner must finish within the first two places (up to seven participants) or three places (more than eight participants). (horse racing, powerboat racing, flat track racing) 1035:
Each-way: Charged and settled as one bet to win and another bet to place (for example, a punter asking for a bet of "five pounds each way" will be expected to pay ten pounds).
1105:
Each-way: Charged and settled as one bet to win and another bet to place (for example, a punter asking for a bet of "five euro each way" will be expected to pay ten euro).
912:
consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully.
1460:
Couplé Placé (Duet): The bettor must correctly pick two of the first three finishers in any order. This bet type is not available on events with 3 or fewer runners.
1463:
Couplé Ordre (Exacta): The bettor must correctly pick the two runners which finish first and second in the correct order. Only available on races with 4-7 runners.
727:
Independent off-track bookmakers typically have a smaller take and thus offer better payoffs, but they are illegal in some countries. However, the introduction of
156:
Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at "
1486:
which is drawn and published moments before the race starts. A matching No Plus number multiplies earning by ten on any Quinté ticket irrespective of the order.
280:
8.01 ≈ $ 8 payout for $ 1 wagered. This payout includes the $ 1 wagered plus an additional $ 7 profit. Thus, the odds on Outcome 4 are 7-to-1 (or, expressed as
1469:
Trio Ordre (Trifecta): The bettor must correctly pick the first, second and third finishers in their finishing order. Only available on races with 4-7 runners.
987:: The bettor must pick the winners of three nominated races at the same track. This bet type is only available in the states of Queensland and South Australia. 57: 1437:
WIN 5 / Select 5: The bettor must pick the winners of five designated races. Betting on operators' website by PC or cellular phone only (horse racing only).
1489:
Pick5: The bettor aims to correctly pick the first five finishers in the race irrespective of the order. PMU selects races on which this bet is available.
1352:) means runner's cap color (1: White; 2: Black; 3: Red; 4: Blue; 5: Yellow; 6: Green; 7: Orange; 8: Pink) (used in horse racing, cycling, and flat track). 1108:
Exacta: The bettor must correctly pick the two runners which finish first and second, in the correct order (replaced Forecast which allowed any order).
1348:(枠連): The bettor must pick the two bracket numbers which finish first and second, but need not specify which will finish first. A bracket number (枠番, 1499:
Super4: The better must correctly pick the first, second, third, and fourth finishers in the correct order. Only available on races with 5-9 runners.
1492:
2sur4: The bettor must correctly pick two out of the first four finishers in the race in any order. Only available on races with 10 or more starters.
863:
Hi 5 or Super 5: The bettor must pick five horses finishing in the exact order. Typically does not occur unless there are 8 or more horses in a race.
153:
in that the final payout is not determined until the pool is closed – in fixed-odds betting, the payout is agreed at the time the bet is sold.
1151:
Vinnare & Plats: Two bets, one on "vinnare" and one on "plats" for the same runner. Asking for a bet of "50 SEK vinnare och plats" costs 100 SEK
387:, the pool size often extends into millions of dollars with many different types of outcomes (winning horses) and complex commission calculations. 984: 892:
the racing season ends, a "mandatory payout" occurs typically on the last racing day where the jackpot is paid out to whoever has a winning bet.
921: 944: 938: 932: 766: 670:
The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a
1167:
Dagens Dubbel (daily double) and Lunchdubbel (lunch double): The bettor must pick the winners of two nominated races at the same track.
1063:
Scoop6: Pick the winner (for the win fund) or a placed horse (for the place fund) from the six advertised Scoop6 races. Saturdays only.
44: 1015: 759: 947:: A combination of Win and Place. A $ 5 bet Each-way is a $ 5.00 bet to Win and a $ 5.00 bet to Place, for a total bet cost of $ 10. 1382:(2連複): The bettor must pick the two runners which finish first and second, but need not specify which will finish first (all four). 795: 453: 993:
Big 6: The bettor must pick the winners of six nominated races, which can be at the same track or split over two or more tracks.
1148:
Plats (place): Runner must finish within the first two places (up to five runners) or first three places (six runners or more).
123:
of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some
1154:
Tvilling (twin): The bettor must pick the runners that finish first and second, but need not specify which will finish first.
848:
Box: a box can be placed around exotic betting types such as exacta, trifecta or superfecta bets. This places a bet for all
953:
Quinella: The bettor must pick the two runners which finish first and second, but need not specify which will finish first.
1600: 1925: 1682: 1041:
Trifecta: The bettor must correctly pick the three runners which finish first, second, and third, in the correct order.
716:
gambling, in parimutuel betting the gambler bets against other gamblers, not the house, which necessarily implies that
1729: 1637: 1990: 1692: 1466:
Trio: The bettor must correctly pick the first three finishers in any order. Only available on races with 8+ runners.
1457:
Couplé Gagnant (Quinella): The bettor must correctly pick the two runners which finish first and second in any order.
1423:(3連複): The bettor must pick the three runners which finish the top three, but no need to specify an order (all four). 1124:
Pick Six: On races 1–6 at one meeting on all Sundays and occasionally on other days (introduced on 9 January 2011).
1044:
Swinger: The bettor must correctly pick two runners to finish in the places, both runners must place, in any order.
1363:(枠単): The bettor must correctly pick the two bracket numbers which finish first and second (non-JRA horse racing). 1797: 2010: 1957: 1872: 839:
or triactor: the bettor must pick the three horses that finish first, second, and third, in the exact order.
160:" facilities, where players may bet on the events without actually being present to observe them in person. 1038:
Exacta: The bettor must correctly pick the two runners which finish first and second, in the correct order.
1757: 1256:
Double Trio: Select correctly the 1st, 2nd and 3rd horses in any order in each of the two nominated races.
2000: 1446:
The following bet type are offered by the government-controlled betting agency Pari Mutuel Urbain (PMU).
1434:(3連単): The bettor must correctly pick the three runners which finish first, second, and third (all four). 1623: 1060:
Quadpot: Pick a placed horse from the third, fourth, fifth and sixth race from any British race meeting.
965:
Duet: The bettor must pick two horses who will place first, second or third but can finish in any order.
84:
is a betting system in which all bets of a particular type are placed together in a pool; taxes and the
1651: 1307: 1054:
Jackpot: Pick the winner from each of the first six races of the advertised Jackpot meeting of the day.
845:: the bettor must pick the four horses that finish first, second, third and fourth, in the exact order. 17: 1157:
Trio (trio): The bettor must pick the runners that finish first, second and third in a nominated race.
1066:
Super7: Pick the winner from seven races. This bet ceased being offered by totepool from January 2012.
1995: 962:
First4: The bettor must correctly pick the four runners which finish first, second, third and fourth.
1827: 1512: 1477:
tertiary "Bonus" dividend paid for correctly selecting only the first three runners (in any order).
833:, or exactor: the bettor must pick the two horses that finish first and second, in the exact order. 1985: 1848: 1734: 1223:
Quinella Place: Select correctly any two of the first three placed horses in any order in a race.
990:
Quadrella or Quaddie: The bettor must pick the winners of four nominated races at the same track.
884:
Quadrella or Quaddie: The bettor must pick the winners of four nominated races at the same track.
49: 1611: 92:
are calculated by sharing the pool among all winning bets. In some countries it is known as the
1552: 1401:(2連単): The bettor must correctly pick the two runners which finish first and second (all four). 1070:
Exotic wagers are usually made on horses running at the same track on the same program. In the
697: 89: 1823: 1802: 1278: 1202: 1057:
Placepot: Pick a placed horse from each of the first six races from any British race meeting.
1503:
Tiercé, Quarté+ and Quinté+ bets are typically only offered on the largest race of the day.
410:
payout (e.g., minimum $ 1.10 on a dollar bet). This condition is sometimes referred to as a
685: 681: 8: 1783: 959:: The bettor must correctly pick the three runners which finish first, second, and third. 733: 281: 975:
Running double: The bettor must pick the winners of two consecutive races at same track.
522:
from the pool, the amount remaining to be distributed between the successful bettors is
1601:
https://www.paulickreport.com/wp-content/uploads/2020/02/CHRB-Annual-Report-2018-19.pdf
150: 2005: 1688: 1542: 1517: 1127:
Placepot: The better must correctly pick one horse to place in each of the races 2–7.
950:
Exacta: The bettor must correctly pick the two runners which finish first and second.
909: 717: 157: 1450:
Simple Gagnant (Win): The bettor must correctly pick the runner that finishes first.
1537: 1522: 399: 169: 112: 27:
Betting system in which all bets of a particular type are placed together in a pool
1704: 1238:
First 4: Select correctly the 1st, 2nd, 3rd and 4th horses in any order in a race.
728: 1323:): Runner must finish first. (horse racing, powerboat racing, flat track racing) 1547: 1286: 1177:
V5: The bettor must pick the winners of five nominated races at the same track.
1174:
V4: The bettor must pick the winners of four nominated races at the same track.
1071: 693: 658: 390:
Sometimes, the amounts paid out are rounded down to a denomination interval—in
168:
In a hypothetical event that has eight possible outcomes, in a country using a
138: 1235:
Quartet: Select correctly the 1st, 2nd, 3rd and 4th in correct order in a race
826:
Across the board: the bettor places three separate bets to win, place or show.
1979: 1932: 1901: 805: 981:: The bettor must pick the winners of two nominated races at the same track. 1557: 1527: 1312: 1302: 1205:(HKJC) operates the following common bet types and pools for horse racing. 1082: 978: 875: 721: 664: 384: 108: 1684:
City Games: The Evolution of American Urban Society and the Rise of Sports
1311:) operate the following parimutuel types. Wager must be a multiple of 100 1232:
Trio: Select correctly the 1st, 2nd and 3rd horses in any order in a race.
1229:
Tierce: Select the 1st, 2nd and 3rd horses in the correct order in a race.
130: 1220:
Quinella: Select correctly the 1st and 2nd horses in any order in a race.
849: 820:
Place: the bettor must pick a horse that finishes either first or second.
675: 671: 823:
Show: the bettor must pick a horse that finishes first, second or third.
1226:
Forecast: Select the 1st and 2nd horses in the correct order in a race.
842: 661: 391: 97: 707: 657:
The parimutuel system was invented by French entrepreneur and showman
1532: 395: 1294: 905:): the bettor bets equal sums on the horse to win, place, and show. 1577: 1002: 956: 836: 701: 689: 678: 116: 104: 85: 1020:
The following pools are operated at meetings in mainland Britain:
817:
Win: to succeed the bettor must pick the horse that wins the race.
1880: 1873:"Boat Race Official Web Site | Basic Knowledge Of Boat Race" 582:
possible winners, such as a North American "place" bet which has
406:
and is retained by the betting agency as part of the commission.
124: 35: 1576:
Quiniela (or quinella) reportedly "is traced back to pelota or
801: 713: 173: 1798:"Pari-Mutuel Pools - Beginners guide - Betting Entertainment" 1612:
https://www.bctoba.com/pdf/2012-02-24-Breakdown-of-Handle.pdf
1274: 120: 720:. The science of predicting the outcome of a race is called 674:, "automatic totalisator" or "tote board", invented by the 1192:(40%), seven (20%) and six (40%) correctly picked winners. 1652:"What Does Pool Betting mean? Guide to placing pool bets" 769:
any relevant information into other sections or articles.
1758:"Quinella Bet Explained: Quinella vs 2 Horse Exacta Box" 516:
After the wagering company deducts a commission rate of
402:, 10¢ intervals are used. The rounding loss is known as 1958:"List of the French Racing Bets Proposed by Eurotierce" 808:, the most common types of bet on horse races include: 176:, each outcome has a certain amount of money wagered: 1624:"Time for show bettors to get paid what they deserve" 456: 1121:
Jackpot: A Pick 4 bet on races 3–6 at every meeting.
1638:"'Show' Us the Money? The Plight of a Simple Wager" 708:
Strategy and comparison with independent bookmakers
100:, which calculates and displays bets already made. 506: 1977: 1001:In recent times the "Roving Banker" variant for 1902:"Auto Race Guide - Purchasing a Betting Ticket" 1214:Win: Select correctly the 1st horse in a race. 922:Glossary of Australian and New Zealand punting 1687:pg. 188, University of Illinois Press (1991) 425:possible single-winner outcomes, with wagers 589:winners, the total amount to be distributed 1145:Vinnare (winner): Runner must finish first. 507:{\displaystyle W_{T}=\sum _{i=1}^{n}W_{i}.} 547:. Those who bet on the successful outcome 1926:"Translation of the French Betting Rules" 1136:Bet types for harness racing (trotting): 1016:Glossary of bets offered by UK bookmakers 915: 878:) and on the last two (the late double). 448:the total pool of money on the event is 129: 60:of all important aspects of the article. 796:Glossary of North American horse racing 14: 1978: 56:Please consider expanding the lead to 1672:, Éditions Universelles, Paris, 1946. 743: 416: 29: 24: 1303:paved flat track motorcycle racing 618:winners, those who bet on outcome 25: 2022: 1009: 760:list of miscellaneous information 649:for every dollar they bet on it. 573:for every dollar they bet on it. 103:The parimutuel system is used in 789: 748: 149:Parimutuel betting differs from 34: 1950: 1918: 1894: 1865: 1841: 1816: 1790: 1776: 1750: 1570: 1408:), also known as Wide (ワイド) or 1295:stock outboard powerboat racing 1102:races with 16 or more runners.) 383:In real-life examples, such as 48:may be too short to adequately 1730:"Wray's Column: It Began Here" 1722: 1697: 1675: 1662: 1644: 1630: 1616: 1605: 1594: 1029:Win: Runner must finish first. 910:parlay, accumulator or roll-up 58:provide an accessible overview 13: 1: 1587: 1094:Win: Runner must finish first 1085:operates the following pools 901:is the bet across (short for 830: 684:. The first was installed at 271:is now calculated. First the 144: 1196: 739: 7: 1746:– via newspapers.com. 1738:. April 6, 1933. p. 2C 1506: 935:: Runner must finish first. 10: 2027: 1670:L'Homme de la Belle Époque 1340:Bracket Quinella (枠番連勝複式, 1077: 1013: 919: 793: 652: 421:In an event with a set of 163: 86:"house-take" or "vigorish" 1441: 1131: 718:the bank cannot be broken 624:will receive a payout of 553:will receive a payout of 253: 184: 181: 88:are deducted, and payoff 1991:Horse racing terminology 1828:Japan Racing Association 1563: 1513:Advance-deposit wagering 1406:Kakudai Renshō Fukushiki 1404:Quinella-Place (拡大連勝複式, 1355:Bracket Exacta (枠番連勝単式, 1342:Wakuban Renshō Fukushiki 1268: 757:This section contains a 1735:St. Louis Post-Dispatch 1580:, where it originated." 1357:Wakuban Renshō Tanshiki 135:Betting on the Favorite 1553:Sports betting systems 600:is first divided into 508: 490: 141: 1931:. PMU. Archived from 1803:Hong Kong Jockey Club 1705:"Horse Betting Types" 1203:Hong Kong Jockey Club 916:Australia/New Zealand 712:Unlike many forms of 509: 470: 133: 2011:Gambling terminology 1658:. 22 September 2023. 696:, near Chicago, and 686:Ellerslie Racecourse 682:George Alfred Julius 454: 1668:Ferran Canyameres, 1454:3 or fewer runners. 1417:Sanrensho Fukushiki 2001:1867 introductions 1824:"How to Bet (JRA)" 1762:SportsBetting3.com 1656:Basketballinsiders 1430:), abbreviated as 1428:Sanrensho Tanshiki 1419:), abbreviated as 1389:), abbreviated as 1370:), abbreviated as 1359:), abbreviated as 1344:), abbreviated as 606:equal shares. If 504: 151:fixed-odds betting 142: 78:Parimutuel betting 1938:on 8 January 2014 1543:Prediction market 1518:Arbitrage betting 1426:Trifecta (3連勝単式, 1315:except Each-way. 1287:velodrome cycling 784: 783: 729:Internet gambling 417:Algebraic summary 381: 380: 261: 260: 75: 74: 16:(Redirected from 2018: 1996:Greyhound racing 1970: 1969: 1967: 1965: 1954: 1948: 1947: 1945: 1943: 1937: 1930: 1922: 1916: 1915: 1913: 1912: 1898: 1892: 1891: 1889: 1888: 1879:. Archived from 1869: 1863: 1862: 1860: 1859: 1849:"超初心者向けKEIRINナビ" 1845: 1839: 1838: 1836: 1834: 1820: 1814: 1813: 1811: 1810: 1794: 1788: 1787: 1780: 1774: 1773: 1771: 1769: 1754: 1748: 1747: 1745: 1743: 1726: 1720: 1719: 1717: 1715: 1701: 1695: 1681:Steven A. Riess 1679: 1673: 1666: 1660: 1659: 1648: 1642: 1641: 1634: 1628: 1627: 1620: 1614: 1609: 1603: 1598: 1581: 1574: 1538:Calcutta auction 1523:Betting exchange 1368:Renshō Fukushiki 1366:Quinella (連勝複式, 1333:Each-way (応援馬券, 1326:Place-Show (複勝, 903:across the board 832: 779: 776: 770: 752: 751: 744: 698:Sportsman's Park 648: 623: 617: 611: 605: 599: 588: 581: 572: 552: 546: 521: 513: 511: 510: 505: 500: 499: 489: 484: 466: 465: 447: 400:British Columbia 291: 290: 263:Thus, the total 179: 178: 170:decimal currency 113:greyhound racing 70: 67: 61: 38: 30: 21: 2026: 2025: 2021: 2020: 2019: 2017: 2016: 2015: 1976: 1975: 1974: 1973: 1963: 1961: 1956: 1955: 1951: 1941: 1939: 1935: 1928: 1924: 1923: 1919: 1910: 1908: 1900: 1899: 1895: 1886: 1884: 1871: 1870: 1866: 1857: 1855: 1847: 1846: 1842: 1832: 1830: 1822: 1821: 1817: 1808: 1806: 1796: 1795: 1791: 1782: 1781: 1777: 1767: 1765: 1764:. 25 March 2019 1756: 1755: 1751: 1741: 1739: 1728: 1727: 1723: 1713: 1711: 1703: 1702: 1698: 1680: 1676: 1667: 1663: 1650: 1649: 1645: 1640:. 12 July 2017. 1636: 1635: 1631: 1622: 1621: 1617: 1610: 1606: 1599: 1595: 1590: 1585: 1584: 1575: 1571: 1566: 1509: 1444: 1387:Renshō Tanshiki 1271: 1199: 1134: 1080: 1018: 1012: 924: 918: 798: 792: 780: 774: 771: 764: 753: 749: 742: 710: 655: 647: 634: 625: 619: 613: 607: 601: 598: 590: 583: 577: 576:When there are 571: 562: 554: 548: 540: 531: 523: 517: 495: 491: 485: 474: 461: 457: 455: 452: 451: 445: 439: 432: 426: 419: 166: 147: 121:sporting events 71: 65: 62: 55: 43:This article's 39: 28: 23: 22: 15: 12: 11: 5: 2024: 2014: 2013: 2008: 2003: 1998: 1993: 1988: 1986:Sports betting 1972: 1971: 1949: 1917: 1893: 1864: 1840: 1815: 1789: 1786:. tabinfo.com. 1775: 1749: 1721: 1696: 1674: 1661: 1643: 1629: 1615: 1604: 1592: 1591: 1589: 1586: 1583: 1582: 1568: 1567: 1565: 1562: 1561: 1560: 1555: 1550: 1548:Spread betting 1545: 1540: 1535: 1530: 1525: 1520: 1515: 1508: 1505: 1501: 1500: 1497: 1493: 1490: 1487: 1478: 1474: 1470: 1467: 1464: 1461: 1458: 1455: 1451: 1443: 1440: 1439: 1438: 1435: 1424: 1413: 1402: 1385:Exacta (連勝単式, 1383: 1364: 1353: 1338: 1331: 1324: 1270: 1267: 1266: 1265: 1261: 1257: 1254: 1250: 1245: 1244: 1243:Multiple races 1240: 1239: 1236: 1233: 1230: 1227: 1224: 1221: 1218: 1215: 1211: 1210: 1198: 1195: 1194: 1193: 1189: 1185: 1181: 1178: 1175: 1172: 1168: 1164: 1163: 1162:Multiple races 1159: 1158: 1155: 1152: 1149: 1146: 1142: 1141: 1133: 1130: 1129: 1128: 1125: 1122: 1118: 1117: 1116:Multiple races 1113: 1112: 1109: 1106: 1103: 1095: 1091: 1090: 1079: 1076: 1072:United Kingdom 1068: 1067: 1064: 1061: 1058: 1055: 1051: 1050: 1049:Multiple races 1046: 1045: 1042: 1039: 1036: 1033: 1030: 1026: 1025: 1011: 1010:United Kingdom 1008: 995: 994: 991: 988: 982: 976: 972: 971: 970:Multiple races 967: 966: 963: 960: 954: 951: 948: 942: 936: 929: 928: 917: 914: 894: 893: 889: 885: 882: 879: 870: 869: 868:Multiple races 865: 864: 861: 858: 854: 846: 840: 834: 827: 824: 821: 818: 814: 813: 791: 788: 782: 781: 756: 754: 747: 741: 738: 709: 706: 694:Arlington Park 654: 651: 643: 630: 612:is one of the 594: 567: 558: 536: 527: 503: 498: 494: 488: 483: 480: 477: 473: 469: 464: 460: 443: 437: 430: 418: 415: 379: 378: 375: 372: 368: 367: 364: 361: 357: 356: 353: 350: 346: 345: 342: 339: 335: 334: 331: 328: 324: 323: 320: 317: 313: 312: 309: 306: 302: 301: 298: 295: 259: 258: 255: 251: 250: 247: 243: 242: 239: 235: 234: 231: 227: 226: 223: 219: 218: 215: 211: 210: 207: 203: 202: 199: 195: 194: 191: 187: 186: 183: 165: 162: 146: 143: 73: 72: 52:the key points 42: 40: 33: 26: 9: 6: 4: 3: 2: 2023: 2012: 2009: 2007: 2004: 2002: 1999: 1997: 1994: 1992: 1989: 1987: 1984: 1983: 1981: 1959: 1953: 1934: 1927: 1921: 1907: 1903: 1897: 1883:on 2016-05-30 1882: 1878: 1874: 1868: 1854: 1850: 1844: 1829: 1825: 1819: 1805: 1804: 1799: 1793: 1785: 1779: 1763: 1759: 1753: 1737: 1736: 1731: 1725: 1710: 1706: 1700: 1694: 1693:0-252-06216-7 1690: 1686: 1685: 1678: 1671: 1665: 1657: 1653: 1647: 1639: 1633: 1625: 1619: 1613: 1608: 1602: 1597: 1593: 1579: 1573: 1569: 1559: 1556: 1554: 1551: 1549: 1546: 1544: 1541: 1539: 1536: 1534: 1531: 1529: 1526: 1524: 1521: 1519: 1516: 1514: 1511: 1510: 1504: 1498: 1494: 1491: 1488: 1484: 1479: 1475: 1471: 1468: 1465: 1462: 1459: 1456: 1452: 1449: 1448: 1447: 1436: 1433: 1429: 1425: 1422: 1418: 1415:Trio (3連勝複式, 1414: 1411: 1407: 1403: 1400: 1396: 1392: 1388: 1384: 1381: 1377: 1373: 1369: 1365: 1362: 1358: 1354: 1351: 1347: 1343: 1339: 1336: 1332: 1329: 1325: 1322: 1318: 1317: 1316: 1314: 1310: 1309: 1304: 1300: 1296: 1292: 1288: 1284: 1280: 1276: 1262: 1258: 1255: 1251: 1247: 1246: 1242: 1241: 1237: 1234: 1231: 1228: 1225: 1222: 1219: 1216: 1213: 1212: 1208: 1207: 1206: 1204: 1190: 1186: 1182: 1179: 1176: 1173: 1169: 1166: 1165: 1161: 1160: 1156: 1153: 1150: 1147: 1144: 1143: 1139: 1138: 1137: 1126: 1123: 1120: 1119: 1115: 1114: 1110: 1107: 1104: 1101: 1096: 1093: 1092: 1088: 1087: 1086: 1084: 1075: 1073: 1065: 1062: 1059: 1056: 1053: 1052: 1048: 1047: 1043: 1040: 1037: 1034: 1031: 1028: 1027: 1023: 1022: 1021: 1017: 1007: 1004: 999: 992: 989: 986: 983: 980: 977: 974: 973: 969: 968: 964: 961: 958: 955: 952: 949: 946: 943: 940: 937: 934: 931: 930: 926: 925: 923: 913: 911: 906: 904: 898: 890: 886: 883: 880: 877: 872: 871: 867: 866: 862: 859: 855: 851: 847: 844: 841: 838: 835: 828: 825: 822: 819: 816: 815: 811: 810: 809: 807: 806:United States 803: 797: 790:North America 787: 778: 768: 763: 761: 755: 746: 745: 737: 735: 730: 725: 723: 719: 715: 705: 703: 699: 695: 691: 687: 683: 680: 677: 673: 668: 666: 663: 660: 650: 646: 642: 638: 633: 629: 622: 616: 610: 604: 597: 593: 586: 580: 574: 570: 566: 561: 557: 551: 544: 539: 535: 530: 526: 520: 514: 501: 496: 492: 486: 481: 478: 475: 471: 467: 462: 458: 449: 446: 436: 429: 424: 414: 413: 407: 405: 401: 397: 393: 388: 386: 376: 373: 370: 369: 365: 362: 359: 358: 354: 351: 348: 347: 343: 340: 337: 336: 332: 329: 326: 325: 321: 318: 315: 314: 310: 307: 304: 303: 299: 296: 293: 292: 289: 285: 283: 278: 274: 270: 266: 256: 252: 248: 245: 244: 240: 237: 236: 232: 229: 228: 224: 221: 220: 216: 213: 212: 208: 205: 204: 200: 197: 196: 192: 189: 188: 180: 177: 175: 171: 161: 159: 154: 152: 140: 136: 132: 128: 126: 122: 118: 114: 110: 106: 101: 99: 95: 91: 87: 83: 79: 69: 59: 53: 51: 46: 41: 37: 32: 31: 19: 1962:. Retrieved 1960:. EuroTiercé 1952: 1940:. Retrieved 1933:the original 1920: 1909:. Retrieved 1905: 1896: 1885:. Retrieved 1881:the original 1876: 1867: 1856:. Retrieved 1852: 1843: 1831:. Retrieved 1818: 1807:. Retrieved 1801: 1792: 1778: 1766:. Retrieved 1761: 1752: 1740:. Retrieved 1733: 1724: 1712:. Retrieved 1708: 1699: 1683: 1677: 1669: 1664: 1655: 1646: 1632: 1618: 1607: 1596: 1572: 1558:Tote Ireland 1528:Betting pool 1502: 1482: 1445: 1431: 1427: 1420: 1416: 1410:Kaku-renpuku 1409: 1405: 1398: 1394: 1390: 1386: 1379: 1375: 1371: 1367: 1360: 1356: 1349: 1345: 1341: 1334: 1327: 1320: 1306: 1298: 1290: 1282: 1279:horse racing 1272: 1200: 1135: 1099: 1083:Tote Ireland 1081: 1069: 1019: 1000: 996: 979:Daily double 907: 902: 899: 895: 876:daily double 850:permutations 799: 785: 772: 758: 726: 722:handicapping 711: 669: 665:Joseph Oller 656: 644: 640: 636: 631: 627: 620: 614: 608: 602: 595: 591: 584: 578: 575: 568: 564: 559: 555: 549: 542: 537: 533: 528: 524: 518: 515: 450: 441: 434: 427: 422: 420: 411: 408: 403: 389: 385:horse racing 382: 286: 282:decimal odds 276: 272: 268: 264: 262: 167: 155: 148: 134: 119:, and other 109:horse racing 102: 93: 82:pool betting 81: 77: 76: 63: 47: 45:lead section 1964:18 December 1942:18 December 1906:Autorace.jp 1877:Boatrace.jp 1768:3 September 1432:San-ren-tan 1421:San-renpuku 1376:Ni-sha-fuku 1209:Single race 1140:Single race 1089:Single race 1024:Single race 927:Single race 812:Single race 775:August 2024 704:, in 1932. 700:in Cicero, 672:totalisator 412:minus pool. 98:totalisator 66:August 2024 1980:Categories 1911:2016-06-02 1887:2016-06-02 1858:2016-06-02 1809:2016-06-02 1588:References 1399:Ni-ren-tan 1395:Ni-sha-tan 1380:Ni-renpuku 1014:See also: 920:See also: 843:Superfecta 794:See also: 676:Australian 662:impresario 392:California 273:commission 145:Definition 137:, an 1870 96:after the 18:Parimutuel 1853:Keirin.jp 1742:April 29, 1533:Bookmaker 1397:(2車単) or 1378:(2車複) or 1335:Ōen Baken 1319:Win (単勝, 1308:Auto Race 1305:(オートレース, 1197:Hong Kong 740:By region 667:in 1867. 472:∑ 396:Australia 284:, 8.01). 158:off track 139:engraving 50:summarize 2006:Wagering 1784:"First4" 1578:jai alai 1507:See also 1361:Waku-tan 1346:Waku-ren 1003:Trifecta 957:Trifecta 945:Each-way 837:Trifecta 831:perfecta 829:Exacta, 804:and the 767:relocate 734:overhead 702:Illinois 690:Auckland 679:engineer 404:breakage 257:1028.00 182:Outcome 172:such as 117:jai alai 105:gambling 1714:11 July 1483:Quinté+ 1391:Uma-tan 1372:Uma-ren 1350:Wakuban 1328:Fukushō 1301:), and 1078:Ireland 765:Please 659:Catalan 653:History 440:, ..., 241:300.00 225:220.00 217:110.00 201:140.00 174:dollars 164:Example 127:games. 125:lottery 1833:20 May 1691:  1442:France 1393:(馬単), 1374:(馬連), 1321:Tanshō 1299:Kyōtei 1291:keirin 1264:races. 1260:races. 1253:races. 1184:picks. 1132:Sweden 985:Treble 802:Canada 714:casino 398:, and 269:payout 254:Total 249:80.00 233:94.00 209:24.00 193:60.00 185:Wager 1936:(PDF) 1929:(PDF) 1709:bn.eu 1564:Notes 1297:(競艇, 1289:(競輪, 1283:keiba 1281:(競馬, 1275:Japan 1269:Japan 1249:race. 1171:time. 939:Place 541:(1 − 377:10:1 374:11.02 322:35:1 319:36.73 300:13:1 297:14.69 1966:2014 1944:2014 1835:2014 1770:2021 1744:2024 1716:2018 1689:ISBN 1201:The 639:) / 366:2:1 363:2.94 355:8:1 352:9.38 344:3:1 341:4.01 333:7:1 330:8.01 311:5:1 308:6.30 277:take 265:pool 94:tote 90:odds 1313:yen 1293:), 1285:), 1273:In 1100:all 933:Win 800:In 587:= 2 275:or 107:on 80:or 1982:: 1904:. 1875:. 1851:. 1826:. 1800:. 1760:. 1732:. 1707:. 1654:. 1277:, 908:A 736:. 724:. 688:, 635:/ 563:/ 532:= 433:, 394:, 115:, 111:, 1968:. 1946:. 1914:. 1890:. 1861:. 1837:. 1812:. 1772:. 1718:. 1626:. 777:) 773:( 762:. 645:m 641:W 637:k 632:R 628:W 626:( 621:m 615:k 609:m 603:k 596:R 592:W 585:k 579:k 569:m 565:W 560:R 556:W 550:m 545:) 543:r 538:T 534:W 529:R 525:W 519:r 502:. 497:i 493:W 487:n 482:1 479:= 476:i 468:= 463:T 459:W 444:n 442:W 438:2 435:W 431:1 428:W 423:n 371:8 360:7 349:6 338:5 327:4 316:3 305:2 294:1 246:8 238:7 230:6 222:5 214:4 206:3 198:2 190:1 68:) 64:( 54:. 20:)

Index

Parimutuel

lead section
summarize
provide an accessible overview
"house-take" or "vigorish"
odds
totalisator
gambling
horse racing
greyhound racing
jai alai
sporting events
lottery

engraving
fixed-odds betting
off track
decimal currency
dollars
decimal odds
horse racing
California
Australia
British Columbia
Catalan
impresario
Joseph Oller
totalisator
Australian

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.