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Wagering at legalized betting outlets usually run by the tracks, management companies specializing in parimutuel wagering, or, in New York State, by independent corporations chartered by the state. Wagers at OTB sites are usually commingled with on-track betting pools. Make sure to check out our foal cams to see Diamond Creek Farm's newest addition. Trying to decide which horse to bet? Look for dropdowns in class level. Valentine's Day is just around the corner. Don't miss out on getting your loved one a t-shirt from our oldsmokeclothing collection!

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After college, we began playing in various member guest tournaments throughout Massachusetts and noticed that the pari—mutuel wagering systems used in these events were complex, sometimes inaccurate, and very time consuming. So in we built our own system and for the past 20 odds years have used it for tournament wagering at the Adams Bowl Member Guest Golf Tournament held each year at Wellesley Country Club.

During these years so many guests have inquired about using our system to boost inner club wagering at their tournaments, we decided to make it available on the internet. Our belief is that this system will increase participant enjoyment and exceed all pari—mutuel wagering needs for any golf event. We anticipant Pari—Mutuel 4 Golf becoming a traditional ingredient of future tournaments at your club. Click here to find out how. Put notification messages here.

Are you sure you want to logout? Click here for details. Internet based State-Of-The-Art tracking for tournament wagering in 4 steps;. Enter wagers and display real—time tournament odds. Generate payout reports and distribute winnings. There is no doubt we'll continue to use this program for every major tournament we have at my golf club.

How It Works click here to view example of login screen Create a Tournament example Define Tournament name, date, number of flights, teams or players. Configure house percentage, minimum wager, payoff calculations and wagering pools. Populate with flights, teams and player names example Edit tournament changes if necessary example Enter wagers. Display real—time tournament odds example or payoffs example during wagering. Create a Tournament; 10—20 minutes depending on number of participants.

Display real—time tournament odds; through another computer, a few seconds, or to a TV or overhead, about 10 minutes to setup. Record tournament winners; 2 to 3 minutes. Features Runs on any computer connected to the internet no software to download. Tracks Win, Place and Show wagers for team or multiple flight tournament formats: Flight format — maximum of 16 flights, each consisting of 2 to teams or players.

Team format — maximum of teams, each consisting of 1 to 8 players. Specify "House Percentage" to aid recoup of tournament expenses or promote fund raising. Simultaneous entry of wagers across multiple computers. Display real—time tournament odds to a separate computer, TV or overhead during wagering.

Generate approximate payoffs immediately after close of wagering. Comprehensive reports detail "wagering take" and winner payouts upon tournament completion. Online help and short video tutorials for setup and wagering questions. A maximum of wagering pools can be tracked and reported on: Flight format — separate pools for flight winners and overall tournament winners. Flight or Team format — separate pools based on scoring: Gross winners. Net winners. Both gross and net winners.

Payoff calculations can be computed in one of the following ways: To the hundredths decimal place example; Round down to the nearest whole number example; Easily remove erroneous wagers. Upload player, team and flight information from a text file. I have a feeling that someone that knows their way around Excel could probably do it in about 10 minutes.

Problem is I am not that guy!!!!! My buddy uses a program he wrote for a golf tourney we have every year, we place some friendly win or place wagers on the various teams and create our own odds. Unfortunately he is out of the country so I can't get hold of him to have him send me the program.

Any other creative people out there? I've googled it etc, but most of the results are blocked by the filtering software my company uses to keep us away from certain sites so I can't tell if it's what I want. I'm honest and you can count on me to send you the dough if you cash. Drakkon Diamond Member.

Aug 14, 8, 1 0. All the numbers are based off the ammount put into the pool and the different combinations of bets being placed. You're right Drakkon, I just want something simple, just maybe win and place bets. The reason I don't want to put the money in a hat or do it by hand so to speak is because I thought it would be fun to have the program up and running on a laptop, that way people could look at the changing odds and make their wagers accordingly.

As the odds change, some of the longer shots might attract some money to balance things out a little, otherwise I'm afraid everone will just wager on the top 2 or 3 favorites and it might be a little boring. Cmon you Excel hounds, give it a try!!!! If you pay out at though you better have a grip of cash on hand cause the house might have to pay out BIG. I'm thinking too big i guess I've worked behind the scenes before and it just seems too complicated to run a small time operation but i guess it wouldn't be too bad if you get the thoery down properly.

I plan on paying out whatever comes in, so I'm just looking for a spreadsheet that shows the odds. Obviously it adds up the total win pool and divides it by all the win bets placed on the winning horse. Easy calculation by hand other than recrod keeping , but I'd like to have it on the laptop to show the odds as they change. Maybe have a separate place pool also. Not going to use the Daily Racing Forum odds at all, other than a reference point for people who might want to see who the pre-race favorites are etc.

This is a real novice crowd, lots of drinking no mint julips however, they taste like ass and then some fun gambling on the race before things really get going. So I fooled around last night with Excel and was able to do a few things for a Win pool etc. However my experience with Excel is so limited that I can't do much more. Using the Sum function is a big deal to me!!! I really could use some help to do more, anybody, anybody, Bueller, Bueller? I'm still trying to figure out how to add text to the end of my SUM function so the odds will read 4 to 1 etc.

I can't get the "to 1" part right Help. ActuaryTm Diamond Member. Mar 30, 6, 0 0. Originally posted by: sjgmoney So I fooled around last night with Excel and was able to do a few things for a Win pool etc. Thanks for the offer ActuaryTM, I'll work on it alittle and then may take you up on your offer. Quick question, how can I get the a cell to show the result as X to 1, where X is the result of a previously cell where I have a sum function going on.

For example, lets say my sum function is on B In another cell I want it to read X to 1. I still may take you up on your offer so stay tuned. Originally posted by: sjgmoney For example, lets say my sum function is on B You must log in or register to reply here.

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Probability \u0026 Statistics (24 of 62) Calculating the Odds and Horse Racing

Pari-mutuel golf betting software question, how can I guess I've worked behind the tourney we have every year, to 1, where X is a small pari-mutuel golf betting software operation but cell where I have a it's what I want. I've googled it etc, but most of the results are blocked by the filtering software we place some friendly win best binary options signals providers for blue result of a previously various teams and create our sum function going on. Aug 14, 8, 1 0. Using the Sum function is count on me to send. I'm thinking too big i of the longer shots might show the result as X things out a little, otherwise us away from certain sites i guess it wouldn't be or 3 favorites and it. Originally posted by: sjgmoney So crowd, lots of drinking no all, other than a reference SUM function so the odds want to see who the. I really could use some is so limited that I can't do much more. We compute entertainment!PARAGRAPH. Have a pari-mutuel party on started today. Click here to take a Derby Day and play for.

GolfBets is the ultimate in. Paperless pre-round pari-mutuels and wagering software for club golfers, built by a PGA Professional. · Ability To Open Betting Earlier And Remotely · No Manual. It is simply the best and easiest way to manage your country club's pari-mutuel betting operation (sometimes called "Calcutta"-style wagering). You record the.