{"id":1315,"date":"2013-08-28T11:32:11","date_gmt":"2013-08-28T11:32:11","guid":{"rendered":"http:\/\/www.betting.ca\/?page_id=106"},"modified":"2022-06-13T04:36:48","modified_gmt":"2022-06-13T08:36:48","slug":"pool","status":"publish","type":"page","link":"https:\/\/www.betting.ca\/pool","title":{"rendered":"Pool Betting"},"content":{"rendered":"

\"Pool\"<\/p>\n

Introduction<\/strong>: Sports betting or pool betting is different from the usual wager where an individual wagers a certain amount of money on a particular player, team or animal as in the case of greyhound or horseracing. Pool betting on the other hand is a unique form of gambling where bettors agree to pay a specific amount of money into a pool fund.<\/p>\n

The pool fund usually pays a percentage to the house or online betting website and then places wagers on a number of different sports and events as may be the case. The proceeds from the pool fund are equally divided among the bettors who have invested in the pool fund. One of the unique features of pool betting is that there are no odds involved in pool betting. Pool betting is also referred to as tote betting, totalizer betting and pari-mutuel betting. Some of the different types of pool bets include the Quadpot, Placepot, Scoop6 and the Jackpot.<\/p>\n

Pool Betting in Canada<\/h2>\n

Pool betting is common in a number of countries including the United Kingdom, United States, Canada, Ireland and Australia. There are a number of Canadians who regularly wager on pool betting and use popular websites such as 888 Sports, William Hill, Betfair, Bet365 and Paddy Power to place their bets.<\/p>\n

These sports betting websites offer bettors both online and mobile app sports betting services which have a number of pool betting options. These mobile sports betting apps enable bettors to make bets while on the go and are compatible with both iOS and Android platforms. Some of the different pool betting options include motor racing, GAA matches, tennis, cricket and golf.<\/p>\n

The Canadian Pari-Mutuel Agency (CPMA) is a government-run agency that is responsible for supervising and regulating the pool betting industry in Canada. The most popular form of pool betting in Canada is horseracing and the CPMA keeps track of all pool betting activities and charges a 0. 8 percentage fee on each horseracing bet made in Canada. Some of the different types of pool betting wagers on horseracing include a win, show, place, across the board, each way, exacta and trifecta.<\/p>\n

However, Canadians can access some of the above-mentioned online sports betting websites and engage in pool betting on a number of different sports and activities apart from horseracing.<\/p>\n

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Top Betting Sports<\/h2>\n \t