0 used to describe betting in which the amount of money you can win does not change after you have made your bet: --
The split between the pool and fixed-odds betting is roughly 20:80.
I have supported the idea of privatisation, but wanted to privatise only that part which acts as a fixed-odds bookmaker.
When we turn to fixed-odds betting, it is quite a different gamble.
I am informed that about 2,000 operators of these different fixed-odds coupons are in being at the moment.
Another variation of the difference between the two coupons is that the fixed-odds coupon goes out to collectors and is returned to the original bookmaker.
I fully accept that pool betting is distinct from fixed-odds betting, but their regulatory needs are not dissimilar.
With a stroke of the pen fixed-odds betting vanished; it has gone.
Why should they co-operate if they are likely to be knocked out of business in fixed-odds betting?
