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UK Proposes Tote Pool Betting on Non-Horseracing Sports

24th March 2010 9:20 am GMT

Still committed to selling the state-owned Tote, with a sale process likely to begin this summer and a targeted completion date of next spring, the UK government has launched a consultation on a proposal to allow the Tote to offer pool betting on all sports, in addition to its exclusive licence to take pool bets on horse racing.

In pool betting all the money gambled on a particular bet goes into a pool. The bookmaker takes [...]

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