^ NTRA Wagering Technology Working Group in conjunction with Giuliani Partners LLC (August 2003). "Improving Security in the United States Pari-Mutuel Wagering System: Status Report and Recommendations" (PDF). National Thoroughbred Racing Association Web Site. National Thoroughbred Racing Association. Archived from the original (PDF) on 2008-02-28. Retrieved 2008-02-17.
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Never can you get closer to the experience of playing in a real land based casino from the comfort of your own home, than by playing live dealer games. Live casino games have been around for a while now, having first become available way back in 2002. But as you can imagine, the quality of the streaming and the overall gaming experience left a lot to be desired back when they were first launched. With the vast improvements in technology over the past 13 years, live casino games are now slick and high quality, where you can chat to the croupiers and really immerse yourself in the casino environment. The topic of live casino games will be discussed in more detail on a dedicated page.
At many horse races, there is a gambling station, where gamblers can stake money on a horse. Gambling on horses is prohibited at some tracks; Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina, is known as one of the tracks where betting is illegal, due to a 1951 law. Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled and shared proportionally among the winners once a deduction is made from the pool. In some countries, such as the UK, Ireland, and Australia, an alternative and more popular facility is provided by bookmakers who effectively make a market in odds. This allows the gambler to 'lock in' odds on a horse at a particular time (known as 'taking the price' in the UK). Parimutuel gambling on races also provides not only purse money to participants but considerable tax revenue, with over $100 billion wagered annually in 53 countries.
November 2011 will remain one etched in the darkest reaches of the memories of UK bookmakers. It was a month when one weekend saw the vast number of favorites win their game leaving the bookies licking their wounds. The biggest payout was suffered by William Hill. A better living in a tiny village on the island of Malta placed an audacious 19-team accumulator. It was only an 80p bet. The better will forever be indebted to former Liverpool full back Glen Johnson who bagged a winning goal 3 minutes from time to seal a win for the Reds against Chelsea and deliver the six-figure win for the lucky bet placer.
Maybe you’re wondering how the RTP of slots at online casinos compares to slots in land-based casinos? Well as a general rule, payout percentages in brick and mortar casinos are considerably lower than their online counterparts. The reason for this being mostly the higher operating costs, which are reflected in the reduced payouts. Another consideration when comparing online and land-based slots are the maximum payouts allowed. When it comes to online slots, there are no limits and restrictions on the maximum amount that can legally be paid from a machine. Therefore, you can see some truly astonishing progressive jackpot prizes online, like 888casino’s Millionaire Genie slot, whose jackpot regularly exceeds £1 million. This is not the case for slots in land-based casinos. According to UK Gambling Commission legislation, slots are sorted into various categories, with limits on the maximum bet and the maximum payout allowed. The Category A slot allows unlimited payouts, yet these machines are only permitted in a regional gambling establishment. As you may be aware, there are no regional casinos in the UK, after the government decided not to proceed with the project. Therefore, currently, the highest machine category available in UK land-based casinos is the B1. This allows a maximum payout of £10,000 with the option of a maximum £20,000 linked progressive jackpot on a premises basis only. So clearly, playing slots online is much more favourable, given that there are higher payout rates and that the jackpots up for grabs are unlimited.
You plan on betting on 160 games during your investment period. You dream of a 55% winning record because your win-loss with a 55% winning record would give you an 88-72 record. That’s an expected profit of +8.8 units. How did we get to that number? To calculate your units, subtract the total of your losses (multiplied by 1.1 to include the vig) from your wins and you’ll get your unit profit.
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.
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. Beside the weight they carry, horses' performance can also be influenced by position relative to the inside barrier (post position), gender, jockey, and training.