Pool Promoters
A "pool promoter" is a person who carries on the business of pool betting otherwise than on a track.
"Pool betting" is defined by Section 10 of the Betting and Gaming Duties Act 1981 as any bet, unless it is a bet at fixed odds, and in particular, bets shall be held to be made by way of pool betting wherever a number of persons make bets:-
- on terms that the winnings of such of those persons as are winners shall be, or be a share of, or be determined by reference to, the stake money paid or agreed to be paid by those persons, whether the bets are made by means of a totalisator, or by filling up and returning coupons or other printed or written forms, or in any other way, or
- on terms that the winnings of such of those persons as are winners shall be, or shall include, an amount (not determined by reference to the stake money paid or agreed to be paid by those persons) which is divisible in any proportions among such of those persons as are winners, or
- on the basis that the winners or their winnings shall, to any extent, be at the discretion of the promoter or some other person.
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