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In the US, there are federal laws that prohibit businesses from making money from sports betting and therefore have pushed all the major online sportsbooks outside of the country. Per the legislation, the tribes can operate a single online casino site, which like sports betting, will be overseen by the state and run as a commercial enterprise – not as a tribal gaming operator.
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$149.9 million was wagered on the race in 2019, beating the previous record amount of $139.2 set 12 months earlier. In the most basic horizontal wager, an exacta, the bettor selects the first and second place horses in the exact order. Picking the first three finishers in exact order is called a trifecta and a superfecta refers to the specific finishing order of the top four horses. Some big races, like the Kentucky Derby, will have a field up to 20 horses.
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