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New York Off Track Betting

OTB LOCATIONS » NEW YORK



Batavia

  • Western Regional Off-track Betting Corporation
    700 Ellicott Street
    Batavia, New York 14020
    Tel. No.: +1 716 343-1423
    Fax No.: +1 716 343-6873

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Bronx

  • The Fiddler's Elbow
    3718 East Tremont Ave
    Throggs Neck, Bronx

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Brooklyn

  • Hunter's Steak & Ale House
    9404 4th Avenue
    Bay Ridge, Brooklyn
  • IL Fornetto
    2902 Emmons Avenue
    Sheepshead Bay, Brooklyn

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Hempstead

  • Nassau Regional Off-track Betting Corporation
    220 Fulton Avenue
    Hempstead, New York 11550
    Tel. No.: +1 516 572-2800
    Fax No.: +1 516 572-2840

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Hauppauge

  • Suffolk Regional Off-track Betting Corporation
    5 Davids Drive
    Hauppauge, New York 11787
    Tel. No.: +1 516 853-1000
    Fax No.: +1 516 853-1080

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Nassau

  • Carle Place
    223 Old Country Road, Carle Place

  • Farmingdale
    4747 Hempstead Turnpike, Farmingdale, 11735

  • Franklin Sqaure
    1063 Hempstead Turnpike, Franklin Square, 11010

  • Freeport
    131 W. Sunrise Highway, Freeport, 11520

  • Garden City Park
    2341 Jericho Turnpike, Garden City Park, 11530

  • Green Acres
    1065 Green Acres Mall (outside), Valley Stream, 11580

  • Hempstead
    220 Fulton Avenue, Hempstead, 11550

  • Hicksville
    158 Woodbury Road, Hicksville, 11801

  • Levittown
    2680 Hempstead Turnpike, Levittown, 11756

  • North Lawrence
    309 Rockaway Turnpike, North Lawrence, 11559

  • Oceanside
    3450 Lawson Boulevard, Oceanside, 11572

  • Potter's Pub
    2045 Hempstead Turnpike, East Meadow

  • Race Palace
    1600 Round Swamp Road in Plainview, just off of Exit 48 on the Long Island Expressway

  • Wantagh
    3430 Sunrise Highway, Wantagh, 11793


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New York

  • The Inside Track
    991 Second Avenue
    (Between 52nd and 53rd Streets)
    New York, New York
    Tel. No.: +1 212 752-1940 / 221-5200, ext. 5022

  • The Winners Circle
    515 Seventh Avenue (On 38th Street)
    New York, New York
    Tel. No.: +1 212 730-4900 / 221-5200, ext. 5022

  • The Yankee Clipper
    170 John Street (Off Water Street)
    New York, New York
    Tel. No.: +1 212 344-5959 / 221-5200, ext. 5022

  • Playwright
    27 West 35th Street
    New York, New York

  • New York City Off-track Betting Corporation
    1501 Broadway
    New York, New York 10036
    Tel. No.: +1 212 704-5101
    Fax No.: +1 212 221-8023


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Pomona

  • Catskill Regional Off-track Betting Corporation
    Park Place
    Pomona , NY 10970
    Tel. No.: +1 914 362-0400
    Fax No.: +1 914 362-0419

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Queens

  • Austin's Ale House
    82-70 Austin Street
    Kew Gardens, Queens

  • The Irish Circle
    101-19 Rockaway
    Beach Boulevard
    Far Rockaway, Queens

  • Mary McGuires
    38-04 Broadway
    Astoria, Queens

  • O'Neill's
    64-21 53rd Drive
    Maspeth, Queens

  • Side Tracks
    45-08 Queens Blvd
    Sunnyside, Queens

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THE PARIMUTUEL SYSTEM

Parimutuel betting (French for mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.

The parimutuel system was invented by Parisian perfume maker Pierre Oller in 1865 when asked by a bookmaker friend to devise a fair system for bettors which guarantees a fixed profit for the bookmaker.

The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator, "automatic totalisator" or "tote board".

The first was installed at Ellerslie Racecouse in Auckland, New Zealand on 1913. Since then totalisators came into widespread use at race courses throughout the world. The first totalisator in the US as installed at Arlington Park, near Chicago, Illinois in 1933.

The parimutuel system is used in gambling on horse racing, greyhound racing, jai alai, and all sporting events of relatively short duration in which participants finish in a ranked order.

A modified parimutuel system is also used in some lottery games such as Lotto South.

Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at OTB facilities, where players may bet on the events without actually being present to observe them in person.

Parimutuel betting differs from fixed odds betting in that the final payout is not determined until the pool is closed - in fixed odds betting, the payout is agreed at the time the bet is sold.