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How does betting work in horse racing?

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This was a time before lotteries and casinos, and horse racing was the only legal form of gambling, so it was something really different to go and do. read more

Horse racing Tote betting is similar to a National Lottery bet and reward model. The provider receives all the stake money, then takes their percentage cut and what’s left is distributed as prizes to the winners. Bookmaking model is different. This concept is likely to be unknown in most countries of the world because it’s illegal in many lands. read more

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