otb.us - Off Track Betting US

LOGIN JOIN NOW

Oregon Off Track Betting

OTB LOCATIONS » OREGON



Albany

  • Lakeshore Lanes
    682 Airport Road
    Albany, OR 97321
    Tel. No.: +1 541 926-4631

BACK TO TOP



Bend

  • Lava Lanes of Bend
    1555 NE Forbes Rd.
    Bend, OR 97701
    Tel. No.: +1 541 318-5656

BACK TO TOP



Grants Pass

  • JD's Sports Pub
    690 Redwood Hwy.
    Grants Pass, OR 97527
    Tel. No.: +1 541 471-0383

BACK TO TOP



Lake Oswego

  • Keystone Kafe
    5700 SW Upper Boones Ferry Rd.
    Lake Oswego, OR 97035
    Tel. No.: +1 503 684-0380

BACK TO TOP



Medford

  • Lava Lanes of Medford
    2980 Crater Lake Highway
    Medford, OR 97504-4704
    Tel. No.: +1 541 245-2755

BACK TO TOP



Oregon City

  • All Stars
    716 Main Street
    Oregon City, OR 97045
    Tel. No.: +1 503 650-2655

BACK TO TOP



Portland

  • New Copper Penny
    5932 SE 92nd Avenue
    Portland, OR 97266
    Tel. No.: +1 503 777-3414

  • Coach's Best Bet
    10164 SW Parkway
    Portland, OR 97255
    Tel. No.: +1 503 292-6908

  • New Portland Rose
    8728 N Lombard
    Portland, OR 97203
    Tel. No.: +1 503 286-5206

  • Portland Meadows
    1001 N. Schmeer Rd.
    Portland, OR 97217
    Tel. No.: +1 503 285-9144

  • Sky Jockey Sports Bar
    7101 NE 82nd Avenue
    Portland, OR 97220
    Tel. No.: +1 503 255-6722

  • The Rialto
    529 SW 4th Ave.
    Portland, OR 97204
    Tel. No.: +1 503 227-8145


BACK TO TOP



Roseburg

  • Lava Lanes of Roseburg
    2400 NE Diamond Lake Blvd.
    Roseburg, OR 97527
    Tel. No.: +1 541 672-3601

BACK TO TOP



Salem

  • Players Lucky Bet
    1486 Hawthorne NE
    Salem, OR 97301
    Tel. No.: +1 503 390-8463

BACK TO TOP



Springfield

  • Trackstir's
    3350 Gateway
    Springfield, OR 97477
    Tel. No.: +1 541 726-1261

Place a bet on your favorite horse now.

OTB.us Information Services FREE Standard Access. Signup Now!


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.