{"id":21543,"date":"2023-03-07T20:01:05","date_gmt":"2023-03-07T20:01:05","guid":{"rendered":"https:\/\/bestsportsbettingcalifornia.com\/?page_id=21543"},"modified":"2023-03-07T20:44:42","modified_gmt":"2023-03-07T20:44:42","slug":"parimutuel","status":"publish","type":"page","link":"https:\/\/bestsportsbettingcalifornia.com\/parimutuel\/","title":{"rendered":"Pari-Mutuel Betting in California | What is Pari-Mutuel Betting?"},"content":{"rendered":"

Let’s get into some serious horseplay! Pari-Mutuel betting in California is also referred to as pool betting and is the bee’s knees for those looking to get in on the action of horse racing and other sports events. Unlike fixed-odds betting, where the bookmaker gets to decide the odds, pari-mutuel betting lets bettors duke it out against each other, while the house takes a cut off the total amount bet.<\/p>\n

In this article, we’ll talk about all things pari-mutuel betting in CA \u2013 from how it works, to the different types of wagers you can make, the odds and payouts, how the pool is calculated, as well as the pros, cons, and strategies for making the most out of your bets. So, get ready to giddy up, and let’s ride!<\/p>\n\"Pari\n

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