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Online Data Systems Unveils New Technology For Online Gaming25 September 2001SAN JOSE, Costa Rica –(Press Release) – Sept. 25, 2001 -- A new software product and website, PariAction, developed by Online Data Systems in Heredia, Costa Rica, now allows people to wager on sports directly against other bettors. This unique technology instantly (in real-time), adjusts the size of the pools and the odds. Until now, people wanting to bet on the Internet had to make a bet against a cyber "bookie" who normally uses the odds set by Don Best or other Las Vegas bookmakers. This system changes that as the actual money in the pools determines the odds. "Only with recent advances in server technology, and the completion of the Mayan Fiber Optic Cable, is it possible to handle large volumes of wagers from Costa Rica. We use multiple redundancies and encryption technology to ensure the user's privacy and accessibility of our site." Explained Karen Fonseca, Director of Operations. Pari-mutuel comes from the French roots pari (bet) and mutual (mutual) meaning literally, we bet mutually amongst ourselves. As this innovative system virtually eliminates unknown risks for the operators, it has the potential to attract many gamblers leery of other often-unstable sports betting websites. |