0 used to describe betting in which the amount of money you can win does not change after you have made your bet:
It is difficult for a pool betting operation to compete with fixed-odds bookmakers.
Or is it likely that the fixed-odds pools will be able to absorb a tax of this nature and still carry on in business?
The most popular feature, of course, is picking out certain matches which the punter on a fixed-odds coupon favours on form, and so forth.
In this country, it has to compete against the privately owned fixed-odds betting industry.
The extension of this concept to fixed-odds betting by means of a levy on bookmakers presented considerable difficulties, both of principle and practice.
It was set up to provide an alternative to fixed-odds betting, and to provide a source of income to the sport of racing.
The only similarity between the normal football coupon and the fixed-odds coupon is in the draws.
Why should they co-operate if they are likely to be knocked out of business in fixed-odds betting?