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parimutuel

Parimutuel pool payout example

November 26, 2018RiskingTime Leave a Comment

This post shows how the payouts of a parimutuel pool are calculated. Parimutuel betting is a type of betting where payouts are determined by the amount bet on each outcome. Click here to view the parimutuel pool described in this… Continue Reading →

CoinRoster, DFS, Odds, Risk coinroster, parimutuel, parimutuel wagering

Calculating Payoffs from a Parimutuel Pool

July 11, 2016RiskingTime 1 Comment

Parimutuel betting is a wagering system in which all bets of a particular type are placed together in a pool and payoff odds are calculated by sharing the pool among all winning bets. Parimutuel betting differs from fixed-odds betting in how the final payout… Continue Reading →

Gambling gambling, parimutuel, wagering

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