Off Track Wagering York Pa
- Mohegan Sun Pocono at Lehigh Valley Race and Sportsbook is open! Featuring a luxurious new sports lounge 27 high-definition TVs, comfortable seating, on-site full service bar and state-of-the-art betting terminals, you won’t miss a moment of action. Racing fans can relax and enjoy the all of the action on dozens of TV screens of various sizes in the 28,000 square-foot Downs at Lehigh Valley, the largest off-track wagering.
- The legal sports betting apps in PA make it a breeze to get in on the action at any time. This is an off-track betting facility in the Parx family. The sports betting part of the operation opened up on Jan. Address: 700 Packer Ave. Location: Philadelphia, PA 19148.
Watching race replays is an invaluable handicapping tool for horse betting. Kilroe Mile Contenders and Odds Flavius, Social Paranoia & Ride a Comet headline the Grade 1, $400,000 Frank E. Kilroe Mile at Santa Anita Park on Saturday, March 6.
OTB LOCATIONS » PENNSYLVANIA
Allentown
- DownsOff Track Wagering
1780 Airport Road ,
Allentown, PA 18109
Tel. No.: +1 610 266-6559
Coraopolis
- The Meadows - Moon Township
1088 Beers School Road ,
Coraopolis, PA 15108
Tel. No.: +1 412 262-3100
Greensburg
- The Meadows - Greensburg
207 Hudson Avenue
Greensburg, PA 15601
New Castle
- The Meadows - New Castle
2004 West State Street,
New Castle, PA 16101
Tel. No.: +1 724 654-2221
Pittsburgh
- The Meadows - Harmar Township
1 Anchor Drive , Pittsburgh, PA 15238
Tel. No.: +1 412 828-0610
West Mifflin
- The Meadows - West Mifflin
7025 Clairton Road,
West Mifflin, PA 15122
Tel. No.: +1 412 650-9000
Parimutuel betting (French for mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.
The parimutuel system was invented by Parisian perfume maker Pierre Oller in 1865 when asked by a bookmaker friend to devise a fair system for bettors which guarantees a fixed profit for the bookmaker.
The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator, 'automatic totalisator' or 'tote board'.
The first was installed at Ellerslie Racecouse in Auckland, New Zealand on 1913. Since then totalisators came into widespread use at race courses throughout the world. The first totalisator in the US as installed at Arlington Park, near Chicago, Illinois in 1933.
The parimutuel system is used in gambling on horse racing, greyhound racing, jai alai, and all sporting events of relatively short duration in which participants finish in a ranked order.
Off Track Betting York Pa Website
A modified parimutuel system is also used in some lottery games such as Lotto South.
Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at OTB facilities, where players may bet on the events without actually being present to observe them in person.
Off Track Wagering York Pa
Parimutuel betting differs from fixed odds betting in that the final payout is not determined until the pool is closed - in fixed odds betting, the payout is agreed at the time the bet is sold.