{"id":4823,"date":"2013-02-27T20:43:35","date_gmt":"2013-02-27T20:43:35","guid":{"rendered":"http:\/\/www.madduxsports.com\/libtest\/?p=4823"},"modified":"2013-07-26T01:36:51","modified_gmt":"2013-07-26T01:36:51","slug":"pari-mutuel-betting","status":"publish","type":"post","link":"https:\/\/www.madduxsports.com\/library\/definitions\/pari-mutuel-betting.html","title":{"rendered":"Pari Mutuel Betting"},"content":{"rendered":"<p>With <a href=\"https:\/\/www.madduxsports.com\/pari-mutuel-betting.html\">Pari Mutuel betting<\/a>, which was created by Pierre Oller in France in the 1860s, bettors wager against one another, with odds being determined by what percentage of the pot is bet on each competitor in the race or event. You\u2019ll find the Pari Mutuel system in effect in horseracing, greyhound <a href=\"https:\/\/www.madduxsports.com\/library\/definitions\/pari-mutuel-betting.html#more-4823\" class=\"more-link\"><span aria-label=\"Continue reading Pari Mutuel Betting\">(more&hellip;)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Pari Mutuel betting, which was created by Pierre Oller in France in the 1860s, bettors wager against one another, with odds being determined by what percentage of the pot is bet on each competitor in the race or event. You\u2019ll find the Pari Mutuel system in effect in horseracing, greyhound (more&hellip;)<\/p>\n","protected":false},"author":7,"featured_media":3894,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-4823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-definitions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pari Mutuel Betting Tips, Payouts, &amp; Calculations<\/title>\n<meta name=\"description\" content=\"Learn all about Pari Mutuel Betting including the calculations, how the payouts work and some tips to increase your Pari Mutuel Betting habits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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