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Tote betting allows punters to place their stake money into a pool along with those of other punters and, if your horse wins, if deducted amounts are subtracted out, this total pool amount (minus deductions) is then divided among all winning tickets to produce a payout known as dividend. This method differs significantly from traditional fixed odds betting offered at traditional bookmakers or on racecourses. Kayo Sports Kayo Sports Account absolutely safe Australian Online Betting: Regulatory Outlook and Industry Developments

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