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History
The Evolution of Parimutuel Betting (The Tote)
Explore the history and significance of The Evolution of Parimutuel Betting (The Tote) in the context of sports betting.
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The Group of Copenhagen
Explore the history and significance of The Group of Copenhagen in the context of sports betting.
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History
The Invention of the Point Spread
The **Point Spread** was invented in the 1940s, primarily credited to Chicago mathematician and bookmaker **Charles K. McNeil**. Before this innovation, sports betting relied on fixed-odds moneylines, which stifled liquidity on lopsided matchups. McNeil's system replaced adjusting the *payout* with ...
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History
The 'Official Data' Mandate and Antitrust Concerns
Explore the history and significance of The 'Official Data' Mandate and Antitrust Concerns in the context of sports betting.
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