What Is Pari Mutuel Basis

News Line

OBS ‘Champions’ Stakes Could Move to November
A condition sheet posted on the company’s web site lists 11 Quarter Horse races and six Thoroughbred races that will be used as the basis to draw up an eight-race program with pari-mutuel betting. Ventura explained the differences between the two.

$783,546 Mega Millions Ticket Sold In Torrance
They are each worth $1 million. California law requires major payoffs of lottery games to be paid on a pari-mutuel basis. The numbers drawn Tuesday night were 3, 7, 22, 27, 50 and the Mega number was 3. The estimated jackpot was $106 million. The drawing.

Off to the races
Krutz said gamblers place a wager and pick their first, second and third choices to win on an individual basis. He said there is no large pool of betters to make this form of betting pari-mutuel. That is what is being challenged in Kentucky, he added.

Cup Victimized By Political Fight
They`re the basis if we come back. It`s more than pari-mutuels.`` -- Confusion: Who does the Breeders` Cup believe? Gulfstream says Breeders` Cup statutes are grandfathered to be applicable to the Oct. 31 Cup despite the sunsetting of pari-mutuel statutes.

7StarBall launch Social Lottery platform
The first draw features a jackpot with up to One Billion Euros up for grabs while the second draw is a Pari-Mutuel version where one in five ... aren’t picking up smaller cash wins on a regular basis then eventually they will lose interest.

Instant racing developer from Arkansas tells senators there’s no difference between ‘instant racing’ and ‘historical racing’
How does that go to the basis of pari-mutuel in Idaho being skill and horsemanship?” Cella said, “Every race in the system is a 10-horse field. … If it were pure chance, odds of picking the winner would be one in 10.” But, he said, people are.

No one has hit Mega Millions jackpot since June 27, so top prize for Friday's drawing climbs to $115 million
The three California Mega Millions winners got a raw deal because of the state's decision to pay prizes on a pari-mutuel basis. What do you think? CLEVELAND, Ohio – Eleven drawings have now come and gone since someone hit the Mega Millions jackpot.

Global Pari-Mutuel Services and AmTote International Sign Exclusive Contract
Global Pari-Mutuel Services and AmTote International Sign Exclusive Contract. AmTote will provide back-end technology for new service based on relative price movements of financial instruments.

The question would permit pari-mutuel betting on a county option basis. Unofficial returns gave the horse race betting issue 58 percent of the vote. It jumped into an early lead, never dropping below 54 percent of the vote. The keen interest in the.

Florida Judge: Horse Barrel Racing License For Poarch Creeks Violates State Law
The actual party which lost was the state Division of Pari-Mutuel Wagering ... is expected to be the basis of major legislation in 2014. The quarter horse associations and one individual argued that state law only allows pari-mutuel facilities to offer.