Another answer (against the house) was accepted in a prior round of this question, but it appears that in horse racing you technically can't "bet against the house". Although "apuestas bancadas" is usually the equivalent of fixed odds bets, it seems that the debate is between peri mutuel and fixed odds bookmaking. http://www.proz.com/kudoz/spanish_to_english/games_video_gam... Examples of fixed-odds: http://www.parimutuel-europe.org/Download/EPMA_Position_onSp... www.aussportsbetting.com › Beginner's Guide - Traducir esta página
There are two frameworks by which bookmakers can set odds. The Tote (Parimutuel betting) is commonly used for horse racing, while fixed odds betting is ...
Parimutuel betting - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Parimutuel_betting - Traducir esta página
Parimutuel betting (from the French: Pari Mutuel or mutual betting) is a betting ... Parimutuel betting differs from fixed-odds betting in that the final payout is not ...
Pari-Mutuel Pooling and Fixed Odds Betting
www.rwwa.com.au/.../media-release-090316.htm... - Traducir esta página
16 March 2009 Pari-Mutuel Pooling and Fixed Odds Betting. Racing and Wagering Western Australia (RWWA) are pleased to announce that they have entered ...
[PDF]
Public consultation on the Green Paper on on-line gambling in the ...
www.parimutuel-europe.org/.../EPMA_online_g... - Traducir esta página
Formato de archivo: PDF/Adobe Acrobat - Vista rápida
In 2010, Pari Mutuel betting totalled €13 billion. Out of that sum, .... the addictive attraction of totalisator betting compared to bookmaker and fixed-odds betting is ...; www.kellogg.northwestern.edu/.../Parimutuel%2... - Traducir esta página
Formato de archivo: PDF/Adobe Acrobat - Vista rápida
1For example, parimutuel and fixed odds markets coexist in the UK. See Gabriel and ... The outcome that horse x wins the race is identified with the state, x % (# ...