A better system in which winners share the total tasks minus a percentage paid to the management is otherwise called:

Question

Quizplus · Accepted Answer

Pari-mutuel is a betting system where all bets are pooled together and the payout is determined by dividing the total pool of bets minus a percentage taken by the track or management, among the winning bets. This system is commonly used in horse racing, greyhound racing, and jai alai. The option B) Gambling commissions is incorrect because gambling commissions are regulatory bodies that oversee and license gambling activities, but they do not dictate the payout structure. C) A maritime law and D) A compact are both irrelevant to the question and do not relate to the given context.

A Better System in Which Winners Share the Total Tasks