Area of Law: Gaming / Gambling Law
Answer # 5667
How does off-track betting work?
Region: Ontario Answer # 5667In off-track betting an existing racetrack transmits its races to designated licensed establishments called teletheatres or betting theatres. Here, viewers watch the races on TVs or other monitors and place a wager (bet) which is electronically transmitted to the host racetrack.
Both racetrack and off-track betting is pari-mutuel betting. That means:
- all bets are placed together in a pool
- a percentage of the bet is deducted, which goes to racetracks (the house-take) and the federal and provincial governments (taxes)
- payoff odds are calculated based on the amount of money wagered on each horse
- the remaining money is paid to the players who have winning tickets
This wagering becomes part of the total on-track wagering pool. Winners are paid the same amount as track patrons.
Who regulates pari-mutual betting?
Pari-mutuel betting takes can take place in person at racetracks, at teletheatres and online across Canada. It is supervised and regulated by the Canadian Pari-Mutuel Agency (CPMA), a division of Agriculture and Agri-Food Canada. CPMA responsibilities include:
- Provide permits, licences and authorizations to Canadian racetrack and betting theatre operators to conduct pari-mutuel betting on horse races.
- Audit and monitor pari-mutuel betting activities.
- Enforce pari-mutuel betting regulations
- Test horses to deter the use of prohibited substances through the Equine Drug Control Program
- Provide information on the use of approved medications.
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