bettingonline gamblingextremepoolextremepoolorg

Today in England, sports lotteries are more commonly referred to as football pools. The concept was introduced in Britain in 1923 by Littlewoods Pools where it was known as toto and based on football matches. On the other hand, birth pools involve individuals picking specific dates in which someone, who can be either a celebrity or friend, gives birth. Death pools usually involve well-known individuals, such as celebrities and sports figures, which the participants predict will die within a certain period of time. (True parimutuel betting, which was historically referred to as pool betting, involves both odds calculations and variable wager amounts.)īetting pools are not connected only to sports, as there are topics such as deaths and births which people can bet on. There are no odds involved each winner's payoff depends simply on the number of gamblers and the number of winners.

The pool is evenly divided between those that have made the correct selection. In an informal game, the vig is usually quite small or non-existent.

JSTOR ( September 2014) ( Learn how and when to remove this template message)Ī betting pool, syndicate, sports lottery, sweep, or office pool if done at work, is a form of gambling, specifically a variant of parimutuel betting influenced by lotteries, where gamblers pay a fixed price into a pool (from which taxes and a house 'take' or 'vig' are removed), and then make a selection on an outcome, usually related to sport.

Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.

Bettingonline gamblingextremepoolextremepoolorg