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Parimutuel betting - Wikipedia
https://en.wikipedia.org/wiki/Parimutuel_betting
Pari-Mutuel Betting & Wagering System Explained ...
https://www.twinspires.com/betting-guides/what-is-pari-mutuel-betting
Pari-mutuel wagering took another step forward in 1913 when Australian engineer George Julius invented the totalisator machine, whose output was displayed on a tote board. The ability for United States racing to offer pools instead of bookmaking helped keep racing legal in some jurisdictions during a temperance movement that lasted through the Great Depression.
Pari-Mutuel Betting - How it Works, Types of Bets, Payouts
https://www.onlinegamblingsites.com/betting/pari-mutuel/
In fact, it’s the only organization within the United Kingdom that is allowed to provide pari-mutuel betting when it comes to horse racing in the country. History of Pari-Mutuel Betting In 1867, Joseph Oller invented pari-mutuel betting.
Pari-Mutuel Betting Explained And Where To Wager Online
https://www.bettingusa.com/racing/pari-mutuel/
Traditionally, pari-mutuel wagering is the default system used in horse racing, and fixed-odds betting is the default in sports betting. Some states are experimenting with fixed-odds horse racing betting, but the overwhelming majority of horse racing betting remains pari-mutuel in nature. Table of Contents Pari-Mutuel Betting Sites
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