Involved in betting on ranked sporting events?
We have specialist knowledge of International Pari-Mutuel wagering operations in Australia, Asia, Europe and the US
Email Us

We have key advisors who have worked and have a great understanding of International Pari‐Mutuel betting

Pari-mutuel betting is very popular among recreational and professional gamblers – for many around the world it’s the only form of legalised sports betting that’s available to them.

International pari‐mutuel betting, also known as pool betting, is a unique form of betting. Instead of placing bets with a bookmaker, you’re placing a bet against other players who have placed bets on the same event. All bets go into a pool, and this pool is then shared equally between those who win. As might be expected, a small percentage of all total bets is deducted by the ‘house’. When it comes to pari-mutuel betting, the house is typically a state run organisation or a private company that provides pari-mutuel betting services.

International Pari‐Mutuel
A form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.

Unlike some other forms of sports betting, pari-mutuel betting is fully legal in almost every region around the world. It’s traditionally associated with horse racing and greyhound racing, but it can be used on any sports event in which the participants finish in a ranked order.

It’s difficult to apply any betting strategy when placing pari-mutuel bets, as you don’t get fixed odds. Payouts depend on two factors: how many players placed a bet on an event, and how many of those picked the winner. Payouts are officially calculated after the betting has closed (i.e. once the event has started or is about to start). As you can see, determining whether or not a selection offers any value can be very challenging.

International Pari‐Mutuel | What we do

We have specialist knowledge of International Pari‐Mutuel (Tote) wagering operations. Some of our key advisers have worked alongside global Tote betting operators in Australia, Asia, Europe and the US. As a consequence, our advisory egaming solutions team has an extensive understanding of retail betting technology, processes and operations across multiple jurisdictions.

Talk to us today
If you need to talk to someone around International Pari‐Mutuel (Tote) wagering operations, then take the first step. You can email enquiries@mannbenham.com or call us on 01624 639350 to arrange your free consultation with us today.

Back to MannBenham | Home

Reasons to use MannBenham

Personal Service

Always professional, providing an exceptional level of service to our clients

Always professional, providing an exceptional level of service to our clients

Everything we do is backed by leading legal professionals and an extensive range of advisory and support services designed to meet our client requirements and exceed expectations

Always Professional

We believe being professional is about us giving our best at all times

We believe being professional is about us giving our best at all times

We remain professional at all times, treating everyone respectfully and with courtesy, listening and understanding our clients needs

Global Solutions

MannBenham Advocates, Advisory and Fiduciary solutions are truly global

MannBenham Advocates, Advisory and Fiduciary solutions are truly global

MannBenham’s global reach combines Isle of Man excellence with cross-jurisdictional expertise creating a complete integrated approach

Wealth of Experience

We pride ourselves on the wealth of our experience and knowledge

We pride ourselves on the wealth of our experience and knowledge

Our experience and expertise crosses both commercial and personal, delivering real solutions that satisfy our clients expectations

Contact us today to discuss your requirements

MannBenham | 49 Victoria Street, Douglas, Isle of Man, IM1 2LD | Email: enquiries@mannbenham.com | Telephone: +44 (0)1624 639350