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The U. Unlike many forms of casino gambling, in parimutuel betting the gambler bets against other gamblers, not the house, which necessarily implies that the bank cannot be broken. The science of predicting the outcome of a race is called handicapping. 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 Internet gambling led to "rebate shops". These off-shore betting shops promise to return some percentage of every bet made to the bettor.
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:. In Canada and the United States , the most common types of bet on horse races include:. 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 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 wheel 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.
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 is the bet across short for across the board : the bettor bets equal sums on the horse to win, place, and show. A parlay , accumulator or roll-up 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.
In Australia, certain exotic bet types can be laid as "flexi" bets. If the bet is successful, the bettor will get either 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.
If the bet is successful, the payout will be In recent times the "Roving Banker" variant for Trifecta 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 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. Exotic wagers are usually made on horses running at the same track on the same program. In the United Kingdom , 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. From Wikipedia, the free encyclopedia. Betting system in which all bets of a particular type are placed together in a pool. See also: Glossary of North American horse racing. Clomipramine Clomipramine.
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Jai alai allowed. Any person licensed to conduct betting or wagering events must display informational materials for the prevention, treatment, and rehabilitation of compulsive gamblers. Charitable organizations' "Las Vegas Nights" allowed. Recording or registering bets or wagers, or directly or indirectly betting or wagering, money or anything of value.
Horse and harness racing allowed; pari-mutuel allowed. Off-track betting on out-of-state races permitted. Gambling in bowling alleys, craps games, and election wagering banned. Merchandising plans are not gambling. All wagering on athletic contests, including horse racing, prohibited. No house, vessel, or place on land or water, may be set up for gaming purposes. No gambling devices such as slot machines or roulette wheels permitted. Bingo, raffles, and Monte Carlo night parties organized for educational and charitable purposes allowed.
Three-card monte; confidence games; bookmaking; bucketing illegal. Playing or engaging in any card game or game of chance, at any place, by any device, for money or another thing of value. Pari-mutuel wagering meets of thoroughbred racing, quarter horse racing, or harness racing allowed with permit. Off-track and inter-track wagering allowed.
Pari-mutuel wagering on greyhound dog racing allowed with permit. Off-track and intertrack wagering allowed. Pari-mutuel-style, not casino-style card rooms allowed. Tribal gaming pursuant to Indian Gaming Regulatory Act legal.
Cardrooms, bingo, gaming for charitable organizations allowed. Chain letters and pyramid schemes banned. Jah-alai allowed. Betting upon the final result of any game or contest, or upon games played with cards, dice, or balls, in order to win money or other things of value, prohibited. Maintenance of gambling places or equipment prohibited. Election wagering, commercial gambling, dogfighting, chain letter and pyramid clubs banned. Raffles for charitable organizations allowed. Staking or risking something of value upon outcome of a contest of chance or uncontrollable future contingent event in order to receive something of value.
Gambling aboard ships illegal. Possession of gambling devices, e. Possession of gambling records, promoting gambling, bookmaking, illegal. Social gambling permitted as long as not committed in a hotel, motel, bar, nightclub, or any business establishment or public place.
Must be of majority age. IDAHO et seq. Risking any money, credit, deposit or other thing of value upon lot, chance, the operation of a gambling device or the happening or outcome of an event, including sporting events. Live horse racing and simulcasts legal, pari-mutuel betting allowed. Live in-state dog racing and parimutuel betting allowed. Casino operations, including, but not limited to, blackjack, craps, roulette, poker, baccarat, or Keno.
Antique slot machines may be displayed but not operated. Modern slot machine possession is unlawful. Bookmaking, possession of gambling records, pool selling prohibited. Bonafide contests of skill, speed, strength, or endurance in which awards are made only to entrants or owners of entrants; bona fide business transactions; games which award only additional play; and promotional contests allowed.
Playing games of chance or skill for money or other thing of value; wagering upon games, contests, or elections; owning or operating gambling devices. Horse racing and pari-mutuel wagering allowed for licensees. Riverboat gambling allowed upon any navigable stream other than Lake Michigan, except within counties with population in excess of 3 million.
Compensation agreements; bona fide contests of skill, speed, strength, or endurance; manufacture of gambling devices; bingo; raffles; possession of antique slot machines; pull tab and jar games; and charitable games allowed. Risking money or other property for gain, contingent upon lot, chance, or the operation of a gambling device. Horse racing and satellite facilities licensed for parimutuel wagering legal. Bona fide contests of skill, speed, strength or endurance in which only entrants are awarded prizes; bona fide business transactions, charitable organizations "gaming nights" allowed.
Bookmaking; pool-selling; maintenance of slot machines, dice tables, or roulette wheels; and conducting banking games banned. Participating in a game for anything of value or making any bet. Horse racing legal. Licensees may simultaneously telecast out-of-state races within racetrack for purpose of parimutuel wagering. Dog racing legal. Excursion boat gambling, including coin-operated games legal. Gambling on land prohibited except for on Indian reservations. Bookmaking; card counting; pyramid games illegal.
Any adult may hold an annual game night with a license, if no consideration is involved except goodwill. No fighting or baiting any bull, bear, dog or cock. Making a bet; entering or remaining in a gambling place with intent to bet; and playing a gambling device. Nonprofit organizations may apply to state racing commission for license to construct or own racetrack facility and conduct horse races. No off-track betting.
Nonprofit organizations may apply to state racing commission for license to construct or own racetrack facility and conduct greyhound races. Pari-mutuel wagering only. Commercial gambling illegal except in accordance with Indian tribal gaming statutes. Bona fide business transactions; prizes to winners of bona fide contests of skill, speed, strength, or endurance; and bingo operated by bona fide nonprofit organizations.
Staking or risking something of value upon the outcome of a contest or game based upon an element of chance. Horse running, trotting and pacing races; harness races; off-track interstate wagering legal. Bookmaking; organizing or promoting gambling; possessing gambling records and devices banned. Charitable gaming allowed. Intentional conducting a game or contest in which a person risks the loss of anything of value in order to realize a profit.
Horse racing on licensed racetracks, interstate and international parimutuel wagering legal. Riverboat gambling allowed. Casinos allowed in selected jurisdictions. Must be over age 21 to play video poker. Gambling allowed on international commercial cruise ships sailing to ports in parishes with populations of , or more.
Bona fide charitable raffles, bingo and Keno legal. Gambling via Internet illegal. Staking or risking something of value upon the outcome of a contest of chance or a future contingent event, with intent to receive something of value in the event of a certain outcome. Greyhound racing, and interstate simulcasts of greyhound racing, prohibited.
Bingo clubs for individuals 62 years of age or older; bona fide business contracts legal, raffles allowed. Any illegal gambling machine including money is subject to forfeit. State lottery allowed. Wagering or betting in any manner to receive something of value dependent upon the result of any race, contest or contingency.
Thoroughbred and harness racing legal. Pari-mutuel betting; intertrack betting; and satellite simulcast betting allowed. Occupying any house, building or vessel on land or water for the purpose of gambling prohibited.
Slot machines legal in certain counties. Bookmaking; pool-making; jai alai illegal. Games of entertainment, e. Supplier of motor fuel may not use games of chance, only retail service stations. Licensed horse racing and on-track pari-mutuel or certificate wagering legal.
Licensed dog racing and on-track parimutuel or certificate wagering legal. Book making and pool making; betting in pool halls or bowling alleys; gaming within one mile of a cattle show, military muster or public gathering; using a telephone to place or accept a bet illegal. Charitable organizations allowed to have raffles or bazaars. Accepting money or a valuable thing contingent upon result of contest or happening of uncertain event. Live horse racing at licensed race tracks; on-track simulcasting; and on-track pari-mutuel wagering legal.
Licensed casinos allowed. Pool selling; registering bets; gambling in stocks, bonds, grain or produce prohibited. Making a bet; possessing a gambling device without a license; and allowing a structure under one's control to be used as a gambling place. Licensed on-track pari-mutuel system of wagering on horse races legal.
Gaming on tribal land governed by Indian Gaming Regulatory Act. Pull-tabs; bingo; raffles; private social bets, paddlewheels; tipboards all considered lawful gambling. Charitable organizations may be licensed to hold gambling activities. Encouraging any game, other than a dog fight, for money or other valuable thing. Cruise vessels allowed on Mississippi River or waters within any county bordering river in which voters have approved gambling.
Cockfights; Indian ball play; duels; raffles; gambling devices; yacht races; shooting matches; illegal. Charitable bingo allowed. Gambling devices and gaming tables are banned. Minors not allowed any gambling privileges. Staking or risking something of value upon the outcome of a contest of chance or future contingent event. Horse racing and pari-mutuel wagering on international or interstate horse race simulcasts legal. Off-track wagering illegal. Licensed excursion gambling boats and floating facilities which house games of chance and skill, including poker, craps, blackjack, legal.
Bookmaking; possession of gambling records and devices illegal. Bingo sponsored by bona fide charitable organizations legal. No one under 21 may wager on gambling boats. Risking money or anything of value for a gain contingent upon lot or chance. Live or simulcast horse races at licensed racetracks or simulcast facilities legal. Parimutuel, on-track wagering only. Live or simulcast greyhound races at licensed race tracks or simulcast facilities legal.
Video gambling devices legal. Fishing derbies; wagering on natural occurrences; gambling activities sponsored by nonprofit organizations; possession of antique slot machines; shaking dice for a drink or music; Calcutta pools; bingo; Keno and raffles; sports pools and tab games; fantasy sports leagues authorized. Bookmaking, pool selling, prohibited. Betting something of value upon the outcome of a future event which is determined by an element of chance.
Licensed horse racing; pari-mutuel wagering; off-track betting including simulcasting and telephonic wagering ; and exotic wagering such as daily double, exacta, quinella, trifecta, pick six legal. Tribal gaming legal, pursuant to Indian Gaming Regulatory Act. Gambling devices prohibited. Lawful business transactions; playing amusement devices; conducting prize contests; participating in bingo and raffles in accordance with state statutes legal.
Promoting gambling, possessing gambling records or possessing gambling devices is prohibited. Dealing, operating, carrying on, or exposing for play any game, or operating inter-casino linked systems. Licensed horse racing legal; off-track betting legal when conducted at licensed gaming facilities.
Charitable lotteries legal. Manipulation of gaming equipment; use of unapproved wagering instruments illegal. Private, social gambling allowed. Risking something of value upon a future contingent not under one's control or influence, upon an agreement or understanding that something of value will be received in the event of a certain outcome. Licensed horse racing legal. On-track pari-mutuel wagering legal.
Licensed dog racing legal. On-track parimutuel wagering legal. Cruise ships equipped with gambling machines whose primary purpose is touring may enter state for 48 hours, provided that all gambling machines are disabled while in state. Others prohibited. Charitable organizations' raffles, bingo and games of chance; lucky 7; manufacture of gambling machines legal.
Gambling on gas station premises; wagering on games or sports illegal. Unlicensed risking of something of value upon outcome of contest of chance or future contingent event not under actor's control, upon agreement that actor will receive something of value in event of a certain outcome. On-track pari-mutuel wagering; race simulcasts; licensed intertrack wagering; receipt of and wagering upon simulcast horse races held out of state legal. Sled dog racing allowed for agricultural fairs and exhibitions only.
Bookmaking; possession of gambling records; unlicensed maintenance of gambling resorts; possession of gambling devices not regulated by Casino Control Act; unlicensed conduct of games of chance on Sundays illegal. Raffles and bingo for charitable organizations legal.
Promoting gambling prohibited. Making a bet; entering or remaining in a gambling place with intent to make a bet or play a gambling device. Gambling places illegal, except as pusuant to Indian Gaming Compact. Commercial gambling; permitting premises to be used for gambling; dealing in gambling devices; bookmaking; bribery of contest participants; accepting anything of value on the basis of results of a race, contest or game of skill or chance illegal.
Manufacturing and exporting of gambling devices; senior citizen bingo, permitted. Minors not allowed to play bingo. Licensed horse and harness racing legal. Off-track parimutuel wagering at licensed facilities legal. Promoting gambling; possession of gambling records; bookmaking; possession of gambling devices illegal.
By allowing the tribe to host sports betting, Simpson had hoped to sidestep a constitutional amendment approved by voters in The amendment requires statewide votes on proposals for casino-style gambling. Voter approval is not required for gambling on tribal property, which is regulated under federal law. Those games, offered by many pari-mutuel facilities throughout the state, have been at the heart of a legal dispute between the state and the tribe.
Pari-mutuel cardrooms, especially those outside of Miami-Dade and Broward counties that are not allowed to have slot machines, have grown to rely heavily on lucrative designated-player games as their major sources of revenue. They maintain that thousands of jobs — and tens of millions of dollars in revenue for the operators — would be lost, were the games to go away.
Under a settlement with former Gov. But that agreement expired in , prompting discussions about a new compact, which would severely pare the designated player games. In May, the Seminoles made good on threats and quit a long-standing revenue-sharing agreement with the state after the Simpson deal went nowhere. If the House and Senate can agree on a gambling proposal, the governor would also have to sign off on the deal.
And, if the state wants a revised revenue-sharing agreement with the tribe, Seminole leaders also would have to give the plan their blessing. As in previous years, the gambling talks are heating up as time begins to dwindle in the annual legislative session. Committees will hold final meetings next week, and the session will end March 13, Galvano pointed out. The proposal under discussion would allow the tribe to add craps and roulette to the suite of games, which include blackjack and slot machines, already offered at most of its casinos.
The tribe would also be able to open a new casino in Fort Pierce. A deal could allow pari-mutuels to move within counties and allow some license holders to move outside of the counties where they currently operate.