TourTrak Parimutuel Edition...


Benefits and Wager Incentives
Importantly, the TourTrak Parimutuel Edition offers a variety of features provided to help to encourage a greater number of wagers.

This, of course, is of great value to those seeking enrichment, as it can lead to increased bettor participation, thus contributing to increased house "participation" via both greater house reserves and breakage amounts. (This edition typically pays for itself in one or two events).

While these editions enable acceptance of up to 9,999,999 wager transactions per outing, you can also accept a separate win, place, and show wager on each single transaction. A wager transaction is based on the selected "Wager Type" (i.e.: "Team • Outing", "Team • Tournament", "Entrant • Outing", or "Entrant • Tournament"), so a bettor can place a win, place and/or a show wager on the same team or entrant (for an intra-tournament outing or for the aggregate tournament), and you can accept these wagers on a single wager transaction. Since wager payouts are always made on a "match or better" basis, this feature encourages bettors to "hedge their bets" by placing additional wagers, while also serving to expedite the wager acceptance process.
This edition supports concurrent team and entrant wagering. So, for team-based outings, you can accept wagers on teams as well as wagers on individual entrants.
This edition supports concurrent intra-tournament outing level (day-of-play) and aggregate tournament level wagering. So you can accept wagers on teams as well as wagers on individual entrants for specific days of play as well as for the overall tournament.
This edition supports assignable team names, ideal for use in theme-oriented events. So for team-based wagering, bettors can simply place wagers on desired team names instead of team numbers, and team names are automatically displayed on all applicable windows and reports, including all entrant entry, wager entry, results entry, and results inquiry windows, as well as on all team-related entrant, bettor, odds, wager, and payout reports, including all printed wager receipts.
Instant, on-demand wager receipt printing is performed at the press of a button, so that both you and all bettors are presented with official transaction receipts. (Bettors can of course remain anonymous).
This edition provides extremely efficient and rapid computation of results — mere seconds (even for the largest, most complex events) — enabling prompt bettor payments immediately upon completion of your events.


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