What is a pool betting?

Bubbles

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and how does it work?

I heard and read a lot of post before claiming they won in a pool betting especially during the football season.
 

BMR_Brad

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I think they might be talking about a fantasy betting pool. Or a tipping competition.

The "pool" is the prizemoney pot that is made up of all the entry fees (less the administration fee)
 

BMR_Brad

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Is this a common thing in all sportsbooks?

I don't think so.

5Dimes used to offer a thing they called "Office Pools" for various sports.

In the NASCAR pool you would have to pick about 5 driver v driver matchups and pay $10 each. If 20 people joined then the winner took the $200 total pool.

5Dimes took no commission for their pools. So not really a profit maker thing many books would be interested in.



Do you know a book that offers them?
 

Bubbles

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I don't think so.

5Dimes used to offer a thing they called "Office Pools" for various sports.

In the NASCAR pool you would have to pick about 5 driver v driver matchups and pay $10 each. If 20 people joined then the winner took the $200 total pool.

5Dimes took no commission for their pools. So not really a profit maker thing many books would be interested in.



Do you know a book that offers them?
Thank you for your reply Brad.

Yeah, I see Drafkings offering a private pools.
 

BMR_Brad

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Thank you for your reply Brad.

Yeah, I see Drafkings offering a private pools.

Ah, that sounds like bettors being able to play against each other. Like if we made a private BMR group pool so only we could play and one of us would win the money.
 

Bubbles

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Ah, that sounds like bettors being able to play against each other. Like if we made a private BMR group pool so only we could play and one of us would win the money.
I see, but yeah other than that I am not sure if other sportsbook offers pool betting.
 
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