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As the Tote is a pari-mutuel system, all money bet on an outcome is pooled. This eliminates any chance for misappropriation that was prevalent before its inception and gives punters more value for their money since they can see all race results instantly, rather than waiting for a bookmaker to calculate them for them. Kayo Sports: Watch Sport Live & On-Demand, Most major Australian sportsbooks provide an array of betting odds. Football and rugby are two of the most beloved sports in Australia, so expect plenty of odds for these events. Cricket and basketball also have plenty of betting odds available.
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