Word: parimutuel
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Delaware's system is modeled on horse racing's familiar parimutuel pool method. Bettors may buy into two weekly pools, called "Football Bonus" and "Touchdown." The Bonus requires picking winners outright in either seven or 14 N.F.L. games; in Touchdown, fans must hit the point spread correctly as well as predict the outcome of any three, four or five games. It will cost $20 to bet on the Football Bonus and $10 on Touchdown. The payoffs, which will be announced on Tuesdays following the weekend games, will amount to 45% of the total pool. At race tracks...
...alai, a three-walled version of handball, originated in the Basque region of the Pyrenees during the 17th century, and remained unchanged until the sport crossed the Atlantic and became the object of parimutuel betting. Jai alai was adapted to the requirements of the $2 windows around Miami, where it has been popular for 50 years. The eight players wear the numbers of the eight post positions on their jerseys. The march onto the court that opens each game resembles nothing so much as a parade of horses to the starting gate. Matches are either singles or doubles...
There are plenty of politicians who do not condone that kind of coziness. Christopher Bond, Republican candidate for Governor of Missouri, has refused a large contribution from a sharp operator hoping to benefit from parimutuel betting if it becomes law there. Illinois Republican Governor Richard Ogilvie declares that he never looks at lists of contributors to his re-election drive so that he can say that he is not influenced by them. Iowa's Republican Governor Robert Ray has lost some contributions because he rejects any check larger than $3,000 as being too much to take from a single...
...horse racing, he would dearly like to get a piece of that action as well. He is also asking the New York State legislature to 1) exclude winnings from state or local taxes, 2) reduce the legal age for betting from 21 to 18, and 3) expand racing and parimutuel betting to Sundays. Samuels, a self-made millionaire who ran unsuccessfully in New York's Democratic gubernatorial primary before taking the unsalaried O.T.B. job, is as impenetrable to criticism as the bulletproof glass in his betting offices. To the charge that O.T.B. is merely a legalized way of siphoning...
...track. But gradually, after several attempts to "boycott the broads," the jockeys relented, reckoning that the girls would hang up their tack once they were exposed to the grueling grind of racing for pay. That was nearly two months ago. Now there are five girl jockeys racing at parimutuel flat tracks across the U.S., and they are confidently grabbing for the rail position...