A harness race at The Raceway at Western Fair in Ontario in which the $46 winner paid more than the exacta highlights a continuing problem with parimutuel wagering that needs to finally be addressed.
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The wiseguys especially love LA getting 3 points flat, which means bettors can wager $110 to win $100 on the favorite or underdog.
The state’s sports betting handle increased for the ninth straight year, climbing from $2.76 billion in 2010 to $4.23 billion in 2015 before eclipsing $5 billion for the first time in 2018.
Rhode Island was one of six states that legalized betting on sporting events last year after the U.S. Supreme Court allowed it, ending the effective sports gambling monopoly that Nevada had enjoyed for decades. It is the only state in New England that allows sports betting, making it a focal point for Patriots fans from around the Northeast.