Sports Betting

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Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. Aside from simple wagers–betting a friend that one’s favorite baseball team will win its division, for instance, or buying … Read More

Sports betting in Ireland

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Horseracing in Ireland was organised by the Irish Horseracing Authority until 2002. The Irish Horseracing Authority was established in December 1994 under the Irish Horseracing Act. The Irish National Bookmakers’ Association is a trade association representing independent bookmakers who form … Read More

BETTING TAX RATES IN EU

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Ranked from highest to lowest, with comparative-equivalent indications of national tax rates Rank Member State Rate of taxation as a percentage of gross revenue 1. Finland Reserved to public sector and/or public interest objectives 1. France Reserved to public sector … Read More

Prediction market

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A prediction market is a market where bets are performed on predictions of events such as elections, changes in stock prices or business of sales. There is no need for representative samples instead of a poll. All bets form a … Read More

Integrity of Sport and Match Fixing in European Union

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The Commission fully acknowledges the seriousness of the problems related to match fixing that are affecting the ethics and integrity of sport. In the Communication on Developing the European Dimension in Sport (Communication from the Commission to the EP, the … Read More

Parimutuel betting

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The parimutuel betting is the principle that all the issues wagered by the bettors is shared in a common ground and then redistributed to the winners in proportion to their stakes after deducting a proportional levy to finance: the remuneration … Read More

Barriers for Betting in EU

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Prohibitions and restrictions Specific prohibitions and restrictions with respect to betting include: – General prohibition of betting on non-sports events (Belgium, France, Luxembourg and Portugal) – Prohibition of bets lodged with bookmakers (Cyprus, France, Luxembourg and the  Netherlands) – Prohibition … Read More

Sports betting odds

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Sports betting is to bet money on a sports event. There are many types of bets, the most simple are to bet on the victory of a particular team. Each bet has an odd that allows to know in advance, … Read More

Advantages of betting exchange

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Betting exchange is a form of sports betting where the bet of some players can be exchanged and redeemed by other players. The technique, inspired by stock betting, is prohibited in some countries. Betting exchange requires an organization to provide … Read More

Unusual bets

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These days one can bet on almost anything: from whether it will snow on Christmas day, to which volcano will erupt next, to outcomes in worldwide presidential elections. While these may seem rather random and whilst you may be wondering … Read More

Sucker bet

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A sucker bet is a bet based on something other than expected return including: parlays: One bet ticket written with at least two wagers (all must win for the ticket to cash). teaser: A sucker wager that allows bettors to … Read More

The proposed second Simon-Ehrlich wager

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Understanding that Simon wanted to bet again, Ehrlich and climatologist Stephen Schneider counter-offered, challenging Simon to bet on 15 current trends, betting $1000 that each will get worse (as in the previous wager) over a ten year future period. The … Read More

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