More recently, the introduction of fixed odds betting terminals, offering additional games such as virtual roulette, have whetted the appetite of punters.
The Tote will also keep its seven-year monopoly on pool betting (where stakes are pooled and the winners take the lot, minus taxes and an administration charge, as opposed to fixed-odds betting where the bookmaker bears the risk).
It would be a major upset if Adele loses in either of the three major categories, according to posted betting odds.
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Depending on the results on the field, the gross profit margin on fixed-odds World Cup betting is 15% to 23%, according to a Ladbrokes spokesman.
The task of providing trackside betting odds will now go to his former sidekick Tanya Stevenson, whom he had often referred to on air as "the female".
The top two contenders to win Most Outstanding Player honors at the Final Four next weekend are Louisville's Russ Smith (pictured) and Michigan's Trey Burke, according to online sports book Bovada not that those betting odds are a revelation.
The betting odds ( Intrade.com ) currently assign to Obama-Biden a 66% chance of winning (up from 55% a week ago), hence only a 34% chance for a Romney-Ryan win, but if you believe the polls, which suggest a Romney-Ryan win, notice you could triple your money in a weekend by buying the Romney-Ryan contract at 34 today and cashing it out at 100 after the election.
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Ladbrokes, the betting agency, says the odds are on that the Pope will have a million followers by the end of the year.
Clients betting on any sport could in theory offer outlandishly generous odds about any outcome they know will not happen.
Colleague Monte Burke gives the best odds to the Miami Dolphins, who are also favored by sports betting websites.
The idea of striking out on your own, accepting a significant amount of risk, betting on yourself to succeed like Bill Gates despite the odds against you, is not a decision to be taken lightly.
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Irish betting site Paddy Power had him moving up to 7-2 odds of getting the top slot, trailing only Iain Conn.
Snai hopes for permission to start telephone betting by the end of October, and eventually to be able to offer odds on non-sporting events.
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