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Topic: Parimutuel gambling

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	parimutuel gambling (Site not responding. Last check: 2007-10-08)
		Parimutuel gambling is a form of gambling frequently offered at certain kinds of sporting events of relatively short duration in which participants finish in a ranked order, notably horse racing, greyhound racing, and jai alai.
		Parimutuel gambling is often also offered at "off track" facilities, where players may bet on the events without actually being present to observe them in person.
		Under parimutuel betting, all bets of a particular type are placed together in a pool; taxes and a house "take" are removed, and payoff odds are calculated by sharing the pool among all placed bets, and rounding down to a denomination interval (in the United States, typically 10 cent intervals are used).
	www.yourencyclopedia.net /Parimutuel_gambling.html (508 words)

	Gambling - Wikipedia, the free encyclopedia
		Gambling (or betting) is any behavior involving risking money or property (making a wager or placing a stake) on the outcome of a game, contest, or other event in which the outcome of that activity depends partially or totally upon chance or upon one's ability to do something.
		Though many participate in gambling as a form of recreation or even as a means to gain an income, gambling, like any behavior which involves variation in brain chemistry, can become a psychologically addictive and harmful behavior in some people.
		Parimutuel wagers pay off at prices determined by support in the wagering pools, while bookmakers pay off either at the odds offered at the time of accepting the bet; or at the median odds offered by track bookmakers at the time the race started.
	en.wikipedia.org /wiki/Gambling (2446 words)

	[No title]
		Authorizes nonprofit parimutuel horse racing and wagering with 4% tax to general fund and 0.5% to the county.
		Gambling also does not include bingo games conducted 16 by tax exempt nonprofit organizations pursuant to this part, and 17 parimutuel horseracing and wagering conducted by tax exempt 18 nonprofit organizations pursuant to chapter.
		A 4 person "profits from gambling activity" if he] means an act in 5 which a person accepts or receives money or other property 6 pursuant to an agreement or understanding with any other person 7 whereby [he] the person participates or is to participate in the 8 proceeds of gambling activity.
	www.capitol.hawaii.gov /session2000/bills/hb2338_.htm (3785 words)

	Gambling article - Gambling game chance brain addictive Reinforcement casinos race tracks - What-Means.com (Site not responding. Last check: 2007-10-08)
		Gambling (or betting) is any behaviour involving the risk of money or valuables on the outcome of a game, contest or other event in which the outcome of that activity is partially or totally dependent upon chance.
		Gambling games are believed to predate recorded history, with gambling games recorded in virtually all of the ancient civilizations.
		Parimutuel wagers pay off at prices determined by support in the wagering pools, while bookmakers pay off either at the odds offered at the time the bet was taken or at the median odds offered by track bookmakers at the time the race started.
	www.what-means.com /encyclopedia/Gambling (1832 words)

	Encyclopedia: Gambling (Site not responding. Last check: 2007-10-08)
		Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets, rounded down...
		Fixed-odds gambling and Parimutuel betting frequently occur at or on the following kinds of events: Fixed-odds gambling is a form of gambling against odds offered by a bookmaker, an individual, or on a bet exchange.
		Compulsive gambling is an urge or addiction to gamble despite harmful negative consequences or a desire to stop.
	www.nationmaster.com /encyclopedia/Gambling (6197 words)

	Introduction of Gambling in the United States
		Charitable gambling is run for the benefit of nonprofit organizations, although the nonprofit may not necessarily be the operator of the games.
		Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered.
		The gambling takes place in a restricted location, namely on a boat traveling on the waterways and the amount of activity is limited by the length of the excursion.
	www.library.ca.gov /CRB/97/03/Chapt1.html (3964 words)

	Gambling - Encyclopedia.WorldSearch (Site not responding. Last check: 2007-10-08)
		Gambling (or betting) is any behavior involving the risk of money or valuables on the outcome of a game, contest, or other event in which the outcome of that activity is partially or totally dependent upon chance or on one's ability to do something.
		Though for many it is a form of recreation or even a means to earn a living, gambling, like any behavior which involves variation in brain chemistry, can become a psychologically addictive and harmful behavior in some people.
		Gambling is officially prohibited in Islamic nations and regulated in most other countries.
	encyclopedia.worldsearch.com /gambling.htm (2054 words)

	Parimutuel betting (Site not responding. Last check: 2007-10-08)
		The parimutuel system is used in gambling on horse racing greyhound racing and jai alai all sporting events of relatively short in which participants finish in a ranked
		The parimutuel system was invented by Parisian maker Pierre Oller in 1865 when asked a bookmaker friend to devise a fair system bettors which guarantees a fixed profit for bookmaker.
		Unlike many forms of casino gambling in parimutuel betting the gambler against other gamblers not the house.
	www.freeglossary.com /Parimutuel_betting (869 words)

	No. 02-695: Fitzgerald v. Racing Association - Amicus (Merits)
		Parimutuel gambling at racetracks was first authorized in 1983.
		They argued that, by taxing gambling receipts at racetracks at a rate higher than similar receipts were taxed at riverboats, the Iowa statute violates the Equal Protection Clauses of the state and federal constitutions.
		Moreover, as the State's Gambling Study Committee concluded, riverboats have a higher cost structure than racetracks and a lower tax on riverboats may be justified by the need to allow them to remain competitive within the State.
	www.usdoj.gov /osg/briefs/2002/3mer/1ami/2002-0695.mer.ami.html (5282 words)

	Parimutuel gambling (Site not responding. Last check: 2007-10-08)
		The parimutuel system is used in gambling on horse racing, greyhound racing, and jaialai, all sportingevents of relatively short duration in which participants finish in a ranked order.
		Unlike many forms of casino gambling, in parimutuel betting the gambler bets againstother gamblers, not the house.
		It is possible for a skilled player to win money in the long run at this type of gambling, but overcoming the deficit producedby taxes, the facility's take, and the breakage is difficult to accomplish and few people are successful at it.
	www.therfcc.org /parimutuel-gambling-107249.html (561 words)

	HB 835
		Parimutuel horse racing is a popular and widespread form of legalized wagering in the United States now approved by forty-four states.
		Parimutuel horse racing and facilities are operated by private groups under strict federal and state government regulation and law enforcement.
		With parimutuel betting, approximately eighty per cent is paid out to the players (which is the reason for the established odds) while up to ten per cent is paid to the State in taxes and the remaining ten per cent is applied to track expenses.
	www.capitol.hawaii.gov /session2002/Bills/HB835_.htm (4538 words)

	Parimutuel betting -- Facts, Info, and Encyclopedia article (Site not responding. Last check: 2007-10-08)
		The parimutuel system was invented by Parisian perfume maker Pierre Oller in 1865 when asked by a (A gambler who accepts and pays off bets (especially on horse races)) bookmaker friend to devise a fair system for bettors which guarantees a fixed profit for the bookmaker.
		The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a (Computer that registers bets and divides the total amount bet among those who won) totalisator, "automatic totalisator" or "tote board".
		Unlike many forms of (A card game in which cards face up on the table are taken with eligible cards in the hand) casino gambling, in parimutuel betting the gambler bets against other gamblers, not the house.
	www.absoluteastronomy.com /encyclopedia/p/pa/parimutuel_betting.htm (787 words)

	Parimutuel
		Parimutuel gambling is a form of gambling frequently offered at certain kinds of sporting events of...
		Parimutuel principles are widely used as an alternative to fixed odds gambling in which a bookmaker acts as...
		Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets...
	www.the-gsba.org /parimutuel.html (679 words)

	Gambling Times Presents THE GAMBLING CONNECTION / Sports/Parimutuel/Other Titles
		By the late panguingue expert and raconteur Bob Mason, who recorded the dreams, motives, antics and sheer humanity of the denizens of the gambling milieu in which he lived for half a century.
		America's leading authority on crooked gambling reveals the most prized secret techniques of card sharps and cheats by examining casino theft from both sides of the table.
		From pre-trip planning to hotel and restaurant bargains as well as tips on where to gamble and even which tables give you the highest pay-offs on the smallest bets.
	www.gamblingtimes.com /catalog/sports/sports.php3 (948 words)

	gambling
		Some of the gambling damage to families is reported in a brochure distributed by the Hawaii Family Forum.
		An obvious consequence of gambling losses is shown in a NGISC report which revealed the rapid increase in the their financial troubles.
		Nor should Minnesota which, in less than ten years of legalized gambling, "created a broad new class of addicts, victims, and criminals whose activities are devastating families and costing taxpayers and businesses millions of dollars." That quotation was made by the Honolulu Advertiser in March, 1997 from a report in the Minneapolis Star-Tribune.
	www.lava.net /~manis/gambling.html (1996 words)

	Opinion: Poisoning a good bill
		Legislation that would protect aging greyhounds is subverted by another devious attempt to expand casino-style gambling at parimutuel operations.
		The ugliest side of dog racing was laid bare in Alabama this week with the discovery of thousands of animal carcasses on the property of a man who said he is paid $10 a head to shoot and bury aging or injured greyhounds that can no longer make money for their trainers.
		The parimutuels make no secret of wanting to recast themselves as casinos; at one point this year, they found an obliging House committee to put a casino amendment on a card-room bill.
	www.sptimes.com /2002/05/24/news_pf/Opinion/Poisoning_a_good_bill.shtml (551 words)

	[No title]
		Gambling (or betting) is any behaviour 7 involving the risk 5 of money or valuables 0 on the outcome 7 of a game, 0 contest or other 4 event in which the 7 outcome of that 1 activity is partially or 3 totally dependent upon chance.
		Though 4 for many it 0 is a form 4 of recreation, gambling, 1 like any behaviour 1 which involves variation 0 in brain chemistry, 9 can become a psychologically 2 addictive and harmful 2 behavior in some people.
		Gambling games are 4 believed to predate 1 recorded history, with gambling 7 games recorded in virtually 6 all of the ancient 9 civilizations.
	www.regtro.com /gambling_.htm (1957 words)

	Parimutuel Gambling Encyclopedia Article, Definition, History, Biography (Site not responding. Last check: 2007-10-08)
		Looking For parimutuel gambling - Find parimutuel gambling and more at Lycos Search.
		Find parimutuel gambling - Your relevant result is a click away!
		A modified parimutuel system is also used in some lottery games such as Lotto South.
	www.karr.net /search/encyclopedia/Parimutuel_gambling (925 words)

	Gambling eBooks
		Gambling most often refers specifically to the wagering (or betting) of money on games of chance, or more broadly to engaging in any high-risk behavior.
		Fixed-odds gambling and Parimutuel gambling are frequently offered at or on the following kinds of events: Horse racing, Greyhound racing, Jai alai, Football matches, Golf, Tennis, Cricket.
		Slot machines, and their electronic cousins, video poker, electronic keno, gamemaker's, etc., are now the biggest revenue producer, by far, in the casino industry.
	www.netcasino.cc /ebooks/gambling.html (990 words)

	[No title]
		While we are opposed to illegal gambling, whether done over the Internet or otherwise, we cannot support H.R. 3125, the so-called "Internet Gambling Prohibition Act," because it is a deeply flawed bill that not only expands gambling over the Internet, but also arbitrarily favors certain forms of gambling over others.
		It is striking that the notice and takedown provisions fail to include the process and legal safeguards specified in the Digital Millennium Copyright Act, which the legislation purportedly uses as a model.
		Given the serious concerns that have been voiced concerning this bill's expansion of gambling, its effect of privacy and the Internet, and its disregard for States' rights, we urge you to oppose this legislation.
	www.house.gov /judiciary_democrats/dcnewinternetbill.htm (448 words)

	International Masters of Gaming Law ... Gambling Behavior
		Gambling Research, Proceedings Of The Seventh International Conference On Gambling And Risk Taking, Volume 3, Gamblers And Gambling Behavior.
		Haig, B. (1985a) 'Expenditure On Legal Gambling', In Caldwell, G., Haig, B., Dickerson, M. And Sylan, L. (Eds) Gambling In Australia (1985).
		Suicide And Gambling: An Analysis Of Suicide Rates In Counties And Metropolitan Areas.
	www.gaminglawmasters.com /bibliography/bibio_gambling_behavior.htm (472 words)

	The Galveston County Daily News (Site not responding. Last check: 2007-10-08)
		This fear was first presented when the county was considering a parimutuel racetrack in La Marque.
		Bingo, lottery, parimutuel, eight liners and even bus trips to the Louisiana border are readily available.
		Currently, the governor, speaker, lieutenant governor and most statewide officials favor the use of video lottery as a means of generating state revenue.
	www.galvnews.com /story.lasso?ewcd=ef4a5a75270b114e (382 words)

	Net gambling ban headed for House vote \| Tech News on ZDNet
		The verbal gymnastics were necessitated by an exemption in the bill for horse racing and other sports that conduct parimutuel wagering, such as dog racing and jai alai.
		"People cannot currently legally call gambling businesses in others states from their homes and place bets on horse races," he said, indicating that interstate phone-wagering services that have operated in states such as Connecticut, New York and Pennsylvania for decades are operating in violation of the federal Wire Act of 1961.
		Internet gambling is estimated to be a $600-million-a-year industry skyrocketing to as much as $3 billion by the year 2002, according to industry analysts.
	news.zdnet.com /2100-9595_22-522144.html?legacy=zdnn (1014 words)

	Honolulu Star-Bulletin Local News (Site not responding. Last check: 2007-10-08)
		Bren said parimutuel gambling and horse racing "would bring business to the state, it would bring money in from New Zealand and Japan and the mainland." He said his intention is "to see the state stop sucking at the federal trough."
		Dorothy Bobilin, chairwoman of Hawaii Coalition Against Legalized Gambling, said approval of any form of gambling is a wedge in opening the door to all forms of gambling including casinos.
		She quoted studies that show pari-mutuel gambling is diminishing on the mainland.
	starbulletin.com /1999/10/20/news/story12.html (364 words)

	Parimutuel betting
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		The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator or the "tote board".
		The first was installed in Australia in 1913, and they came into widespread use at race courses throughout the world (the U.S. introduction was 1933 at Arlington Park, Chicago).
	www.sciencedaily.com /encyclopedia/parimutuel_betting (643 words)

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