A fixed odds betting terminal (FOBT, sometimes pronounced "fob-tee") is a type of electronic slot machine normally found in betting shops in the United Kingdom and introduced in 1999. The terminals allow players to bet on the outcome of various games and events which have fixed odds, with the theoretical … See more FOBTs typically include a touchscreen and a slot for depositing cash. The major hardware manufacturers for the UK market are Scientific Games Corporation and Inspired Gaming. See more United Kingdom Under current UK legislation, these machines are allowed to offer content classed as … See more • Video lottery terminal See more It is claimed FOBTs are used for money laundering by paying cash into the terminal, making low-risk bets which involve a small relative loss, and withdrawing most … See more WebA fixed odds betting terminal ( FOBT, sometimes pronounced "fob-tee") is a type of electronic slot machine normally found in betting shops in the United Kingdom and introduced in 1999. The terminals allow players to bet on the outcome of various games and events which have fixed odds, with the theoretical percentage return to player (RTP ...
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