Some speculative expenditure functions are particularly risky, but are occasionally perceived to be distinct from gambling:
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Parimutuel wagers pay off at prices determined by assistance while in the wagering swimming pools, even though bookmakers repay both at the percentages made available at some time of accepting the guess; or within the median odds made available from keep track of bookmakers at some time the race begun.
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Gambling continues to be Element of Singapore's historical past, though it had been strictly controlled by the government for many years. Within the mid-twentieth century, illegal gambling was prevalent.
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