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Private equity groups could make large bets at Nevada sports books under a bill advancing . which would make wagering on elections much more attractive to bettors. The election betting bill as it stands: Read it here U.S. horse race tracks operate .

Online “betting exchanges”there are dozens, but Betfair is the kingpin, with a 90 percent market shareeliminate the role of odds-setting middlemen like local bookies and Las Vegas sports books. Instead of wagering on take-it-or-leave-it .

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