One major type of Thoroughbred horse race is the handicap race, in which the weights horses must carry during a race are adjusted in relation to their age (the more immature the horse, the less weight it carries). In this system, a two-year-old, the youngest racer, competes with less weight to carry than a horse that is three years or older. In general, a horse is reckoned as being fully aged at five years and is handicapped accordingly. There are also sex allowances for fillies, so that they carry slightly lower weights than males. Weight penalties or allowances are also provided on the basis of individual horses’ past performance. Such handicaps may be set centrally where racing is so controlled or by individual tracks, the goal being to render all horses as nearly equal as possible by establishing what is called racing form. The handicap race thus represents an outright repudiation of the classic concept that the best horse should win. Instead, handicaps are assigned with the specific objective of giving all the horses in a race an equal chance of winning.
Stephen Foster Handicap Night - Pavel was a mild upset winner in the 2018 Stephen Foster (G1) at Churchill Downs by 3 3/4 lengths over Honorable Duty and Matrooh. Also on the card were the Fleur de Lis (G2) won by Blue Prize, the Matt Winn (G3) won by King Zachary, the Regret (G3) won by Beyond Blame, and the Wise Dan (G2) won by Mr. Misunderstood. Get the results, charts, and photos here.

Do you want to bet on the top soccer matches in the best leagues and look for compact analyses and on the point forecasts? Then we recommend our new tip section "betting tips today". We have made it our mission to simplify betting for all betting enthusiasts and deliver up-to-date predictions for matches. Betting Tips Today combines all current events from a variety of sports and makes it the most up-to-date betting tip site. It will also show all matches and soccer tips of the day. Thus you know at a glance what is available for betting today. We are also soccer enthusiasts and therefore most tips are soccer tips. We still try to find a good mix for you and analyze additional sports like tennis and co. Just keep visiting our site, since we will be adding new sports and leagues constantly.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Our betting experts try to vary among football leagues as well as possible. You won't only see the top leagues, but at times also leagues of lower classes or countries that are not as present in the media. But especially such leagues can be exciting for betting friends, becasue the strength of the teams varies a lot, which can lead to interesting betting opportunities. Additionally you can find many insider tips of the day, because our tipping experts often grasp some good hints. In the football sector we now cover 22 different football leagues that we provide betting tips for. We try to constantly expand our tipping portfolio and to provide more and more details. We also try to expand our offer with other sports. In the course of next year we plan to add at least 2-3 new sports in order to be able to provide more alternatives. When you have proposals for improvement, we are happy about any kind of feedback. We always try to directly implement proposals of our betting friends that visit our site daily.
Set up in 2011, the Nevada Gaming Control Board is the newest interactive gaming licensing body around the globe. The board was founded after state law in regards to online gambling was changed and is extremely strict in its regulation of online casinos present in the US’S iGambling industry. Keep in mind that if you’re a U.S. citizen who lives in Neveda, you’ll need to find an online casino which is licensed by this gambling board.
English racing spread to Australia, New Zealand, Canada, South Africa, and India in the 19th century, and many of their governing bodies emulated the British. Thousands of jockey clubs, both local and national, are today present around the world. Most of the national jockey clubs are members of the International Federation of Horseracing Authorities, whose annual conference in Paris reviews racing developments and discusses issues related to breeding, racing, and betting. The conference is hosted by the Jockey Club de Paris.
Want to find live results to see if you're winning? Our team at ExtraTips.com provides live scores for all the major competitions and championships. UCL, UEFA all the national leagues in Europe and international competitions all over the world. Simple and fresh scores, live stats and odds for football fans. We help you stay connected with your football bets in real time. Try our livescore solution now!

Horses also face dangers in racing. 1.5 horses die out of every 1000 starts in the US. The U.S. Jockey Club in New York estimates that about 600 horses died at racetracks in 2006. The Jockey Club in Hong Kong reported a far lower figure of .58 horses per 1000 starts. There is speculation that drugs used in horse racing in the US which are banned elsewhere are responsible for the higher death rate in the US.[83]
Hard Rock is a bit of an anomaly in that its brick & mortar casinos don’t all offer the same player rewards program. For instance at its Las Vegas hotel, the scheme is a four-tiered program called Backstage Pass, while players in Florida will be treated to the two-tiered Seminole Wild Card. Players visiting Hard Rock Resort and Casino in Biloxi will find that the loyalty program is called Encore Club. And so on.
A good record for a sports bettor is any record equal to or larger than 52.4%, because that number or anything higher means you’re not losing money. A 53% winning record, while not impressive on paper, means you’re actually beating the sportsbook and putting money back in your pocket. Ask your friends that play the slots or play online poker how often they end up putting money back in their pocket.
Licensing is a procedure that should be passed by each and every online casino. The gambling license is a kind of certificate issued by gambling authorities that allow the casino operate in the gambling industry and to, actually, exist. To get licensed, the casino should confirm that it meets up certain standards approved by the regulation board. There are several main licensing jurisdictions that can issue the licensing certificate depending on the casino location. They are, for example, the Malta Gambling Commission, the UK Gambling Commission, the Isle of Man Gambling Jurisdiction, Gibraltar Licensing Authority and some other.
To ensure the fairness and integrity of games, safe online casinos will use testing agencies to provide regular analysis of the random number generator (RNG) and the RTP. Such authorities include the likes of eCOGRA (E-Commerce and Online Gaming Regulation and Assurance), Technical Systems Testing (TST), Gaming Laboratories International (GLI) and Gaming Associates. All are recognised by the UKGC, and are independent from the casino operators. You will often see certificates from these testing agencies in the footer of the casino websites, with links to the most recent payout reports.
These of course include industry leaders such as Microgaming, NetEnt and Playtech. Using casino software provided by established industry giants will ensure that the site works, that there is professional support should anything happen and that all the games run seamlessly, on any and all platform, be it on your browser, laptop or even your mobile device.
It is important to review what kinds of payment methods the casino accepts when making deposits. We will list all major credit cards that are accepted at the online casinos in our reviews. As well as any other forms of payments, like bank and wire transfers, various e-wallets, and Bitcoins, to name a few. In most cases, deposits will be immediately available in a players account. Additionally, look out for any additional fees that may be charged for making a withdraw. Most casinos have a minimum and maximum amount depositing amount per payment type.

Teaser Betting Strategy – This is perhaps the easiest method a sports bettor can use to find bets with a positive advantage. When you also read our article on the current betting market, you’ll realize just before game time the lines are efficient. Teasers are based off the current betting lines, so no longer do you need to go do any deep analysis to find out whether as straight bet is +EV. Here find spots where teasers increase the win rate by enough and you’ll have a +EV bet. This is all described in our article on teaser betting strategy.


Overall, there is a good level of customer service provided by all of the operators. All provide live chat 24/7, and with the exception of InterCasino, support is also available by phone round the clock. It’s worth noting however that calls to Mr Green and Betfair will be charged at standard UK rate, where as the other casinos provide their phone service free of charge. Email queries were responded to within 24 hours by all operators, with 888casino leading the way with the fastest replies to my questions. All the operators also provided an additional customer support channel, from on site contact forms, to Skype.
Here at Sports, Bets, and Tips, we have access to all the latest statistics, team news, reports, game advice and injury news to know when to back and not to back. Our team of sports tipsters will analyze all the latest news and stats to then pick out the very best bets for each day; these betting tips should provide you with the very best chance of winning whilst also giving you value within your betting. Our teams will analyze all the latest Premier League, Champions League and La Liga football news and much more to make sure our football betting tips for each day is provided. We do the same for all our American sports and spend hours researching our bets reading up and ensuring you have the statistical edge to win your bets.

The reasons most sports bettors don’t spend time learning the tricks of advantage players is it’s slightly time consuming, most have no leads how to do it, are overwhelmed or when they do learn it’s not actually fun. If you’re looking for something fun we suggest paint balling, a trip to the amusement park, circus or what have you. If you’re looking to actually make money then you’ll need to know how to find +EV bets.
Charles II (reigned 1660–85) became known as “the father of the English turf” and inaugurated the King’s Plates, races for which prizes were awarded to the winners. His articles for these races were the earliest national racing rules. The horses raced were six years old and carried 168 pounds (76 kg), and the winner was the first to win two 4-mile (6.4-km) heats. The patronage of Charles II established Newmarket as the headquarters of English racing.
This is the area where we find the biggest differences between NJ online casino sites. The best NJ online casinos can offer dozens – even hundreds – more games that their competitors, as most offer unique platforms that carry games from a wide range of suppliers. Online casino gambling in New Jersey can be a pretty different experience from one site to the next if you’re talking about the slots and table games offered by each unique site in the market.
To embrace uncertainty means to accept that there is uncertainty. To understand that you will never know for sure what is going to happen next and in fact that you do not need to in order to be successful and profitable. Many people are addressing uncertainty and randomness in their betting by moving towards sports trading approaches, backing and laying, trading in and out, taking profits at pre-chosen prices and not just waiting for the final outcome.
Within six weeks, he found himself playing blackjack in Monte Carlo, served by waiters in dinner jackets. He felt like James Bond, and his earnings grew to a rate of about $80,000 a year. Benter abandoned any idea of returning to college. When his mother’s friends in Pittsburgh asked how his studies were going, she told them, “Bill’s traveling right now.”
Risen Star Stakes (G2) Day at the Fair Grounds - Saturday, favorite War of Will cruised home by 2 1/4 lengths to win the Risen Star Stakes (G2) at the Fair Grounds over Country House and Roiland. Also on the card, Serengeti Empress won the Rachel Alexandra Stakes (G2), Silver Dust won the Mineshaft Handicap (G3), Synchrony won the Fair Grounds Handicap (G3), Mitchell Road won the Albert M. Stall Memorial Stakes, and Chaos Theory won the Colonel Power Stakes. Get the results, charts, and photos here. New!

In case you feel that online casinos are not realistic enough and you miss that thrilling feeling when a casino dealer starts handing out the cards, check the live casinos where the real dealers from all over the world are connected to you by the web camera. Thanks to this real game streamings you can make the gaming process more interactive and feel like you are playing in one of the Vegas casinos without even leaving your room. Usually, live casinos are used to play card games such as blackjack and baccarat but some of them also have different roulette options and some other casino games. For the gamblers convenience, the cards used in live online casinos are bigger then usual cards so everyone can see them even on the smallest screens.


After Bobo Duck, Mascot Treasure, and Frat Rat romped across the finish line—and then days turned into weeks, with no one collecting the prize—Benter was unprepared for the level of mounting public interest. “The ghost of the unclaimed $118 million Triple Trio,” wrote the racing columnist for the South China Morning Post, “is still banging around like an unwanted poltergeist.” Outlandish theories spread across Hong Kong. One held that the winner had watched the final leg and died of shock.
Before we even consider reviewing an online casino, we make sure that it is controlled by a reputable operator who already has a proven track record within the online gambling industry. Just by finding out who owns & operates the casino can tell us a great deal about the casino in question. We also make sure that the casino is licensed by a trusted authority in a well-known licensing jurisdiction before we carry out our casino reviews online.
Prop Betting Strategy – Prop bets are generally considered the easiest wagering opportunity for sports bettors to beat. In our article on prop betting strategy I give a full break down of the prop bet “which team will score first”. After reading that article you’ll have enough information to start finding +EV bets on this specific prop. In time, as you get experience you’ll be able to solve other prop bet on your own and then beat them using as similar method to the one I show in the example.
Benter’s model required his undivided attention. It monitored only about 20 inputs—just a fraction of the infinite factors that influence a horse’s performance, from wind speed to what it ate for breakfast. In pursuit of mathematical perfection, he became convinced that horses raced differently according to temperature, and when he learned that British meteorologists kept an archive of Hong Kong weather data in southwest England, he traveled there by plane and rail. A bemused archivist led him to a dusty library basement, where Benter copied years of figures into his notebook. When he got back to Hong Kong, he entered the data into his computers—and found it had no effect whatsoever on race outcomes. Such was the scientific process.

We pride ourselves on having released CasinoRank, the most advanced casinos listing system around. Its complex algorithm considers all of the factors surrounding each casino, then updates the list accordingly on a monthly basis. In addition to basic facts like Flash support, banking versatility and customer service quality, the volume and severity of complaints filed against each casino is also considered. Understandably, CasinoRank considers certain factors more important than others. In essence, it holds the same priorities as the average player.
Below we listed a couple of strategies for filtering the best football tips of the day. When you follow our recommendations, you will surely find a couple of good bets each day that are worth playing. It's important to pay attention to the details. Take the time to analyze all information that you can get, since this is the only way to bet successfully.

It is not just casinos that are affected by these changes in the law either. All remote gambling operators, including poker, bingo and sports betting providers need to hold the relevant licence. In order to get and to keep their licence, there are strict standards that operators must adhere to. These include complying with technical standards, including testing of the Random Number Generator software to ensure the fairness and integrity of games and payouts. There are also specifications regarding the segregation of customer funds, with clear disclosure to customers regarding how their money is protected. Operators must comply with anti-money laundering policies and practices. What’s more, there is a strong focus on social responsibility, such as protecting minors from gambling and recognising and taking measures to prevent compulsive gambling.
Vitibet.com provides up to date stats, Betting tips, predictions and analysis for football, ice hockey tips, handball tips or basketball tips. Predictions are calculated using stats and our unique algorithm. For every league we give percentage predictions for home wins, draws and visitors´ wins. Unlike other betting sites we also provide actual score predictions.

For the most part, avoid teasers, parlays, and future betting. The same goes for betting in running. These markets do not offer much value, unless you use line shopping or other tactics to scout out a good value. Bookies are too smart and will simply chew you up with the juice over time. The juice is simply too high for teasers, parlays, futures, and live betting for the vast majority of bettors.

It is not just casinos that are affected by these changes in the law either. All remote gambling operators, including poker, bingo and sports betting providers need to hold the relevant licence. In order to get and to keep their licence, there are strict standards that operators must adhere to. These include complying with technical standards, including testing of the Random Number Generator software to ensure the fairness and integrity of games and payouts. There are also specifications regarding the segregation of customer funds, with clear disclosure to customers regarding how their money is protected. Operators must comply with anti-money laundering policies and practices. What’s more, there is a strong focus on social responsibility, such as protecting minors from gambling and recognising and taking measures to prevent compulsive gambling.
Saturday at the Breeders' Cup - Saturday had 9 Grade 1 Championship races, headlined by the Breeders' Cup Classic won by favorite Accelerate over Gunnevera and Thunder Snow. Also on the card, Enable won the Turf, Monomoy Girl won the Distaff, Expert Eye won the Mile, Roy H repeated in the Sprint, Sistercharlie won the Filly & Mare Turf, City of Light won the Dirt Mile, Stormy Liberal repeated in the Turf Sprint, and Shamrock Rose won the Filly & Mare Sprint. Get the results, charts, and photos here. More photos: Classic  -  Turf  -  Distaff  -  Mile  -  Sprint  -  F/M Turf  -  Dirt Mile  -  Turf Sprint  -  F/M Sprint
What sporting events can you follow at Hot Tips? Football is the most popular sport in the world. The number of football tips posted each day reflects this. Our tipsters follow the most famous of football leagues. Leagues such as the Premier League and Champions League. But you will also find tips for a wide number of other leagues and tournaments.
By the mid-18th century the demand for more public racing had produced open events with larger fields of runners. Eligibility rules were developed based on the age, sex, birthplace, and previous performance of horses and the qualifications of riders. Races were created in which owners were the riders (gentlemen riders), in which the field was restricted geographically to a township or county, and in which only horses that had not won more than a certain amount were entered. An act of the British Parliament of 1740 provided that horses entered had to be the bona fide property of the owners, thus preventing “ringers,” a superior horse entered fraudulently against inferior horses; horses had to be certified as to age; and there were penalties for rough riding.

If you're looking for information on how to select a sports betting operator, you are in the right place. Extratips.com has created a Where-to-bet page to help get you informed and recommends the best online betting websites so that you won't risk your money on sportsbooks that give small odds and risky withdrawal methods. Choosing a good sports betting site is a critical decision and we can help you make the best one when betting your money on our tips or football predictions. Since you'll be wagering real amounts of money, our goal is to locate a site that is trusted and offers everything you're looking for.
In essence, our team is of the philosophy that all gamblers should be treated equally. Everyone wants to play at a trusted site, and preferably one that has been in operation for at least a couple of years. To ensure that you end up at a site with good reputation, all the sites that we promote on CasinoTop10 are safe and secure – and have been live and in operation for over a number of years.
Throughout 1997 a shadow loomed over Hong Kong. After 156 years of colonial rule, the British were set to hand the territory back to China on July 1. There were news reports of Chinese troops massed at the border, and many islanders feared it would be the end of Hong Kong’s freewheeling capitalism. China tried to reassure residents that their most treasured customs would be protected. “Horse racing will continue, and the dancing parties will go on,” said Deng Xiaoping, the former Communist Party leader.
A breakthrough came when Benter hit on the idea of incorporating a data set hiding in plain sight: the Jockey Club’s publicly available betting odds. Building his own set of odds from scratch had been profitable, but he found that using the public odds as a starting point and refining them with his proprietary algorithm was dramatically more profitable. He considered the move his single most important innovation, and in the 1990-91 season, he said, he won about $3 million.

Hong Kong racing uses a parimutuel (also known as “totalizer”) system. Unlike odds in a Vegas sportsbook, which are set in advance and give a decisive edge to the house, parimutuel odds are updated fluidly, in proportion to how bettors wager. Winners split the pool, and the house skims a commission of about 17 percent. (After costs, the Jockey Club’s take goes to charity and the state, providing as much as a tenth of Hong Kong’s tax revenue.) To make money, Benter would have to do more than pick winners: He needed to make bets with a profit margin greater than the club’s 17 percent cut.
Whilst the reviews of the best online casino sites recommended by us makes up a substantial amount of the content on OCR, Online Casino Reviewer is much more than a bog standard online casino reviews site. OCR features a wealth of content thus enabling players to be armed with the knowledge necessary before registering an account at an online casino.
Horse racing is something like a religion in Hong Kong, whose citizens bet more than anyone else on Earth. Their cathedral is Happy Valley Racecourse, whose grassy oval track and floodlit stands are ringed at night by one of the sport’s grandest views: neon skyscrapers and neat stacks of high-rises, a constellation of illuminated windows, and beyond them, lush hills silhouetted in darkness.

Here at SBAT we consider our selves one of the best free betting tips websites, we have a team of tipsters who just love sports and betting, different members of our team have expertise in different areas so we can always pick you the best predictions. Our team of tipsters covers sports 24/7 365 days a year to provide you the very best tips, that's right we even work Saturdays and Sundays to provide you with expert Saturday tips and predictions and Sunday betting tips. Our tipsters will research and analyze all the data including form, history, surface, weather and anything else they need to get the very best picks for today. Our tipsters cover every sport and league imaginable we don'; Eredivisie's just cover football, although football is a major part. Our football betting tips are picked from all the major and none major world football leagues, this includes the Premier League, the English Championship as well as the football league, we also have tips Eredivisie, Bundesliga, Serie A, La Liga. Ligue 1, MLS Aussie A-League and 100's more. We have all the betting statistics for every league in the world and will analyze all this data to give you the very best football betting predictions in the form of super singles, bet of the day, value bet of the day, acca, doubles and our famous Lucky 15's. You don't have to use them this way but its the best way in our opinion. As well as football we have our Golf betting predictions, Tennis tips and picks, NBA, NHL, NFL and MLB predictions and tips; we also have an entire page dedicated to accumulators and horse racing tips. We also have an in-house cricket expert (well two actually) to give you year round cricket tips and our entire team are boxing and MMA fans and study the sport to give you excellent tips for MMA.
There are also futures bets, which are wagers on things that won’t happen for a while. You can bet on the winner of a particular sport’s championship before the season starts or at any point during the season and predict whether a team will win more or less than a predetermined number of games. Similarly, you can also gamble on who will be voted most valuable player in the NFL or Major League Baseball.
All of our best online casino review sites picks have been carefully selected which means that you won’t ever find a rubbish casino. We only ever review the best of the best. You can count on a great experience each time you visit one of these casinos. They have some massive jackpots up for grabs and they all run some kind of decent loyalty rewards program. This is where you can earn redeemable frequent player points just by playing on your favourite games in the real money mode.
Solid VIP rewards are a must. The welcome bonus is nice. At the end of the day, if you’re picking a website for the long haul, you want an online casino which offers solid VIP rewards on an ongoing basis. Most sites have a silver rewards, gold rewards, and platinum rewards level. Make a realistic evaluation of your level of play, then see whether that VIP tier is advantageous to you.
Horse Racing and Football are the most popular sports for betting in the UK but we also cover betting tips for you accross 18+ other sports. Our Tennis betting tips and Golf Betting tips are the next most popular tips. We also provide free betting tips on Rugby League, Rugby Union, Cricket, American Football, Baseball, Basketball, Ice Hockey, Snooker, Motor Racing, Darts, Boxing, Esports, Volleyball, Handball and Greyhounds. 
If you are looking to make money from sports betting then you need to play for the long term and accept the short term risks. This is quite a challenge as humans are hard wired for short term reward and as a result short term thinking. This is even more evident now as we have developed into a microwave society where we want everything faster than before and we are used to fast food, fast internet connection etc. Our needs for instant gratification are great and betting allows opportunities for us to meet that need, though not always with the desired ending. You have to condition yourself to be able to bet according to your process, to flawlessly execute, and not to be reactive in the light of your recent, short term, performances, whether down or up. Humans have a tendency to make decisions based on what has just happened to them, and where you have made a mistake or lost money your natural instinct is to ?make-up? for it and your next decision is often a reflection of this, not of your objectively planned betting strategy. Keeping the long term view in mind is key.
The smaller you bet as a percentage of your bank the more the maths moves in your favour, if you have £100 and only bet £1 a game then over £100 bets you should be up, if you only do 2 bets of £50 each then although the odds are in your favour you could easily lose both bets. Once you choose your bank and staking plan stick with it as if all your bets are arbs you will win money over time.
Horse Racing and Football are the most popular sports for betting in the UK but we also cover betting tips for you accross 18+ other sports. Our Tennis betting tips and Golf Betting tips are the next most popular tips. We also provide free betting tips on Rugby League, Rugby Union, Cricket, American Football, Baseball, Basketball, Ice Hockey, Snooker, Motor Racing, Darts, Boxing, Esports, Volleyball, Handball and Greyhounds. 
CasinoTopsOnline.com features only gambling sites that are 100% safe & secure, tested, reviewed and ranked. With new casinos popping up daily, we want to ensure you choose the best and safest one. Decades of experience has allowed us to become one of the most trusted information sources that provide players with accurate and up to date information.

Every casino online claims to have the best sign up bonus. All the sites we recommend have generous bonuses, although the actual amounts might vary. That said, while one site might offer $1000 in bonuses, the terms might be such that for your style of play, you'll be better off at the site giving $200 bonuses. That's why it can help to read our reviews before you choose where to play.
Later in 2001, without any warning, Jockey Club officials lifted the telephone betting ban. It was as if Benter’s gift had appeased the gambling gods. The club also bowed to public pressure and allowed customers to wager over the internet from their homes. Benter opted to move back to Pittsburgh, where he continued to bet. He didn’t want to spend his whole life in Hong Kong.

At the same time, as reported by BBC Radio Five Live last month, bookmakers are actually closing down the accounts of clients who win big and often. This might explain the exponential increase in the number of online tipsters. If successful gamblers can no longer bet as normal, they can at least profit from selling on their “expertise”, or even set up as bookmakers themselves.


The No. 20 Villanova Wildcats continue their final multi-game road swing of the season as they visit Capital One Arena to tip off against the Georgetown Hoyas. Villanova has been on a win-one, lose-one streak over its last four games, while Georgetown is looking to avoid a season-long three-game slide. The Wildcats topped the Hoyas 77-65 in early February and are a 6-point favorite in tonight’s game with the total opening at 149 points.

2018 Tampa Bay Derby Day - Longshot Quip won the Tampa Bay Derby (G2) by a length over Flameaway and favorite World of Trouble. Also on the card, Andina Del Sur won the Florida Oaks (G3), Fourstar Crook won the Hillsborough Stakes (G2), War Story won the Challenger Stakes, and Gidu won the Columbia Stakes. Get the results, charts, and photos here.


The greatest rivalry in basketball is on tap for a stacked college basketball card as the No. 8 North Carolina Tar Heels face the No. 1 Duke Blue Devils. The Tar Heels rebounded after a tough home loss to Virginia by stomping Wake Forest by 38 points. But can they stop Duke’s duo of Zion Williamson and RJ Barrett, who are combining to average 45.1 points per game?


American betting on horse racing is sanctioned and regulated by the state where the race is located.[33] Simulcast betting exists across state lines with minimal oversight except the companies involved through legalized parimutuel gambling. A takeout, or "take", is removed from each betting pool and distributed according to state law, among the state, race track and horsemen. A variety of factors affect takeout, namely location and the type of wager that is placed.[34] One form of parimutuel gaming is Instant Racing, in which players bet on video replays of races.
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