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Barclay's Premier League 2016/17 To Win Outright Markets
|Chelsea England Premier League 2016/17:||1/6|
|Man City England Premier League 2016/17:||8/1|
|Tottenham England Premier League 2016/17:||33/1|
|Liverpool England Premier League 2016/17:||40/1|
|Man Utd England Premier League 2016/17:||50/1|
“The Tote” is a British bookmaker and is the only horseracing bookmaker that is allowed to offer parimutuel betting. Parimutuel betting is a system in which all bets of a particular type are put together in a pool. The “juice” or “vigorish” is removed and the payoff odds are calculated by a pool shared among all winning bets. In some countries the “tote” refers to the colloquialism “totalizator” which is the name for the system that runs parimutuel betting. This system calculates and displays bets already made.
One example could involve a favorite starting at 7/1, but after many wagers dropping down to 3/1 as a starting price.
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