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Advance-deposit wagering (ADW) is a form of playing on the result of horse races in which the bettor should fund his or her account earlier than being allowed to put bets. In distinction to ADW, credit score retailers enable wagers without advance funding; accounts are settled at month-end. Racetrack owners, horse trainers and state governments typically obtain a share of ADW revenues. In many legal markets, on-line gambling service providers are required by regulation to have some form of license provide companies or promote to residents there. For example, the United Kingdom Gambling Commission[5] or the Pennsylvania Gaming Control Board in the US.
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