The ownership of racetracks ranges from complete state control, in which case the national government may own the tracks and horses and employ trainers, jockeys, grooms, and other necessary personnel, to complete private enterprise, as in most of the United States, where tracks are privately owned and operated for profit, as are the horses, and trainers and jockeys are independent contractors. In-between conditions include government ownership of tracks and in some cases horses, which are leased, and nonprofit privately owned tracks, as in Australia and the New York Racing Association.
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You’re somebody who obviously doesnt have much time for bookies (and rightly so imo) and the tactics they employ to restrict accounts, my question is what do you think about Pinnacle who say the take all bets and dont restrict accounts like other bookies, and they seem to have the best prices on offer by traditional bookies I ask because i’m getting close to paying premium charges and the stakes I use it just wouldnt be viable once PC kicks in.
Now let’s say I’m tired of flipping coins, and want to quit, but while begging me to stay you offer me a better deal. This new deal pays me $1.10 for every heads, and I still pay you $1.00 for every tails. What happens now is half the time I win $1.10 and half the time I lose $1.00. If we flip 100 times I should average 50 wins of $1.10 ($55) and 50 losses of $1 ($50). Every flip of the coin I have a positive expectation (+EV) of 5 cents. As the one offering me this proposition you have the opposite, every flip of the coin is 5 cents –EV for you.

The UK might be renowned for its massive sports accumulator wins but the US can also deliver a big winner every now and again too. An anonymous punter from Las Vegas won $305,000 from a $5 parlay bet on a selection of basketball matches with William Hill back in March 2016. The punter backed a selection of college teams on the Saturday and Sunday, whilst also selecting NBA teams Detroit Pistons and Golden State Warriors to win on the Saturday. This left him needing Kansas to win on the Monday which they did. Boom.

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Colourful racing silks are a familiar element of horse racing, and their introduction dates to the formal organization of the sport in the 18th century. Though they primarily serve an aesthetic purpose in the modern sport, their original use in racing was to allow spectators to distinguish one horse from another during races in an age before television and public-address systems. To this day horse owners must register a unique pattern and set of colours (worn on the jockey’s jacket and helmet cover) with a regulatory board.

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In the most prestigious races, horses are generally allocated the same weight to carry for fairness, with allowances given to younger horses and female horses running against males. These races are called conditions races and offer the biggest purses. There is another category of races called handicap races where each horse is assigned a different weight to carry based on its ability.[13] Beside the weight they carry, horses' performance can also be influenced by position relative to the inside barrier (post position), gender, jockey, and training.

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