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Pari-Mutuel Betting: What Is It And Should You Try It?

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There are many ways to place a bet on horse racing action across the planet, but one that has truly stood the test of time is that pari-mutuel betting.

Unlike other types of wagers available at the leading online sportsbooks, this type of bet sees the bettor place their money on a selection before knowing the exact odds that they are wagering on. However, what is pari-mutuel betting and should you try it?