Betting Pool

A betting pool, sports lottery, sweep or office pool if done at work, is a form of gambling, specifically a variant of parimutuel betting influenced by lotteries, where gamblers pay a fixed price into a pool from which taxes and a house take or vig are removed, and then make a selection on some outcome, usually related to sport. In an informal game, the vig is usually quite small or non-existent. The pool is evenly divided between those that have made the correct selection. There are no odds involved; each winner's payoff depends simply on the number of gamblers and the number of winners. True parimutuel betting, which was historically referred to as pool betting, involves both odds calculations and variable wager amounts. Contestants predict the outcome of sporting events that take place at a later time. The concept was introduced in 1923 by Littlewoods Pools where it was known as totoclarification needed and based on football soccer matches. Today in England, sports lotteries are more commonly referred to as football pools. American sports lotteries often do not require contestants to purchase a lottery ticket or make an initial wager. Hockey pools are common in North America, and footy tipping in Australia.

Poker Royal

Poker Games

Poker is a card game in which players bet into a poker pot during the course of a hand. The poker player holding the best hand at the end of the betting wins the pot. During a given betting round, each remaining player in turn may take one of four actions: check, bet or raise, call, fold. Poker betting usually proceeds in a circle until each player has either called all bets or folded. Different poker games have various numbers of betting rounds interspersed with the receipt or replacement of cards. Poker is usually played with a standard 4-suit 52-card deck. In some poker games a joker or other wild cards may be added. The ace normally plays high, but can sometimes play low.