Quote:
Originally Posted by biggestal99
How does it work in oh let’s say the uk. Where fixed odds betting is the norm and has been for many years.
What do you think the specific problem is with fixed odds betting?
Allan
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Again, I don't have the time to type out a detailed response, but let's just say that the UK has both a lot less horse racing and a lot different regulatory structure than we do.
And further, the historical reason why the US has pari-mutuel betting in the first place was partly in response to specific, extensive corruption problems that existed when the sport had on-track bookies.
Additionally, Nevada switched from bookmaking to simulcasting as soon as they could, again, because of specific, extensive corruption problems that existed when they made book.
