Glossary entry

Spanish term or phrase:

apuestas de contrapartida y cruzadas

English translation:

bets against the house and pari-mutuel bets

Added to glossary by katieker
Jul 13, 2004 09:55
20 yrs ago
14 viewers *
Spanish term

apuestas de contrapartida o cruzadas

Spanish to English Law/Patents Gaming/Video-games/E-sports
"Según la organización y distribución de las sumas apostadas, las apuestas a que se refiere el presente Decreto podrán ser mutuas, de contrapartida o cruzadas"

Betting regulations. Not sure what type of bets "de contrapartida o cruzadas" refer to. Does the first relate to "matched bets"?

Discussion

Non-ProZ.com Jul 13, 2004:
More about these bets "Apuesta de contrapartida es aquella en que el usuario apuesta contra una empresa autorizada; siendo el premio a obtener el resultante de multiplicar el importe de los pron�sticos ganadores por el coeficiente que la empresa autorizda haya validado previamente para los mismos."

"Apuesta cruzuada es aquella en que una empresa o persona autorizada act�a como intermediaria y garante de cantidades apostadas entre terceros, detrayendo la empresa o persona autorizada el porcentaje previsto en el presente Decreto sobre las cantidades cruzadas."

Proposed translations

+1
1 hr
Selected

bets against the house or non-banking bets

Margarita is right about "bets against the house", but in a regulatory context "apuestas cruzadas" are "non'banking bets".

Nonbanking games are games where the players play only against each other instead of against the house.
http://www.house.leg.state.mn.us/hrd/issinfo/sshorse.htm

Action Jack is played like blackjack but in a non-banking format. According to the materials submitted, the gaming operation generates revenue by charging the players an hourly rate, by collecting an ante per hand, or by collecting a percentage of each pot. Play begins with each player placing a bet.
http://www.nigc.gov/nigc/documents/opinions/actionjack.jsp

This is assuming that the regulations apply to casino-style games; bets of this type on horse-racing or other sports are "pari-mutuel bets".
HTH
Peer comment(s):

agree Margarita Palatnik (X) : thanks, that's it
3 hrs
Thanks, Margarita
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4 KudoZ points awarded for this answer. Comment: "Thanks for your help! Also, the apuestas mutuas were "totalizator bets"."
4 mins

cross bets

Maybe they are synonyms?

The glossary below may be of use.
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30 mins

bets against the house or bets against other players


La ruleta es un juego de azar de los denominados de contrapartida, su característica esencial reside en que los participantes juegan contra el establecimiento organizador
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