The Pari-Mutuel Betting Module can be found in Event Office(Main Menu). The Pari-mutuel module is a betting system in which all bets are placed together in a pool, the payoff odds are calculated by sharing the pool among all winning bets. From the Event Office, click on Pari-Mutuel. Follow the steps sequentiallyin the Pari-Mutuel Control.

The Pari-Mutuel Betting Module can be found in Event Office (Main Menu). The Pari-mutuel module is a betting system in which all bets are placed together in a pool, the payoff odds are calculated by sharing the pool among all winning bets.

From the Event Office, click on Pari-Mutuel. Follow the steps sequentially in the Pari-Mutuel Control. Each step is necessary for proper setup and correct tabulation of the results.

Step 1 - click on Setup Races

House Rules

Set up the Race. (Typically you would have just one race for all flight winners and, optionally, a second race for the Shootout.)

Backnine Bookie takes the drudgery out of running pari-mutuel betting windows at the club. With it’s many features, you can make this year’s tournament the most fun ever! It’s easy to move around from window to window using the main menu, the pull-down menus, or the top toolbar. Backnine Bookie has a fully functional Help system.
Nags Head Software GolfBets is the ultimate in golf tournament pari-mutuel betting software available today. GolfBets has evolved from our foundation product, HORSERACE, which was adapted to meet the unique needs of golf tournament betting in a club environment. GolfBets is not an online gambling program. GolfBets is easy to use.

Wager Limits - enter your $ amount for the Minimum Wager. This will be used as the 'base increment' for payouts

House Take-out Pct - enter the % that the house keeps (optional)

Click Save Rules

Race Description

Pari Mutuel Betting Software Mac Os

Enter the name of your Race, ie. The Spring Derby. Abbrev - SD

Race is Within Flights - check this if each flight will have a win/place/show. Leave un-checked if all players are competing in the same race.

Allow Wager Types - choose the option that applies to your prize(s)

Click Save Race

Delete All Bets - click Delete All Bets if bets exist from the previous year or bets were initially placed using the wrong setup. Note: this will delete all bets entered!

Step 2 - click on Create Bettors

Click on Create Bettors to pull in all competitors in the event and make them available for pari-mutuel wagering. After the Bettor Creation Complete prompt, select OK and click on the Create Team Numbers button from the Pari-Mutel Control screen.

Step 3 - click on Create Team Numbers

To assign a Betting Team Number to each team, select how you want to assign the team numbers from the options listed, then click the Create Team Numbers button. After creating the Team Numbers, you can click on Maintain Team Numbers to see the numbers assigned to each team for verification. If you want to change the assignments, click on Remove Team Numbers, then select a different option and click Create Team Numbers again - or - use Maintain Team Numbers to manually enter your own.

NOTE: In the Reports Center, you can print out reports that display the Pari-Mutuel Team Numbers.

Step 4 - click on Enter Wagers

Pari Mutuel Betting Software Machine

When entering the Wagers, you can enter the Team Number in the Wager On field, or select the player Name in the drop-down list box.

Tetris catalina download. Select the person placing the bet from the drop-down list box in the Bettor field. In the Wager On fields, select the team they are wagering on by entering their team number or by selecting their name in the drop-down list box.

If the Wager is the same dollar amount 'across the board', you can enter the amount in the text box and click the Across button.

If there is only one Wager type, enter the amount for that one amount

If the bet amounts vary for Win, Place, Show, enter the amount in each field. (a bettor can wager on any one rank, or all three) . In this image (above), the second column is a second race for the Shootout (SO) Race where a $20 Bet was placed.

Click on Save Bet and the wager is recorded in the white box below. Repeat this process for all wagers placed by this bettor, then enter wagers for each other bettor.

To remove a bet, find the Bettor in the drop-down list box, select their bet in the list box below and click the Remove Bet button.

After the Wagers are complete, close that screen and select Enter Race Winners from the Pari-Mutel Control screen.

Step 5 - click Enter Race Winners

Race - select the Race.
Team - select the winning team
Win, Place, Show - select the appropriate position
Alt % - the Alt % is used where there is NO Place and Show but you are picking 3 (or more) winners and each winner will have a % of the entire pool
Click Save to post the results in the box elow. Do this for each winning team.

After Results are Posted, click on the Pay Out Winning Tickets button to process the winning tickets.

You can then select the Reports Center icon, to view the applicable reports for Pari-Mutuel wagering.
It is good practice to verify Race Winners and Payout amounts before you distribute any payout dollars !!

There are a number of reports helpful for displaying the results and payouts for Pari-Mutuel wagering.

Step 6:Process Payouts. Click the Process Payouts button from the Pari-Mutuel Control screen. The Process Payouts screen allows you to look at the wagers of the individual bettors and the winning tickets. You can also select an individual Bettors name from the drop-down list box to view the amounts for that Bettor.

It is good practice to verify Race Winners and Payout amounts before you distribute any payout dollars !!

Nags Head Software

About Us

Nags Head Softwarebegan in 1992 with a program to handle pari-mutuel betting for Kentucky Derby parties. We found through experience at Derby parties that guests enjoyed the opportunity to bet on the race as though they were actually at the race track. It was important to have a program that was completely accurate and easy to use. Our HORSERACE product has evolved over the years to meet these goals with constant input from our customers.

After receiving a number of requests to provide a similar program for golf tournaments, we introduced GolfBets in 1998. GolfBets was based on the same solid program design and pari-mutuel logic used in our HORSERACE product. GolfBets has also grown by adding function and making changes that our customers requested.

HORSERACE and GolfBets were designed and written by software development professionals with over thirty years in commercial software management, design, and programming experience. Both products were developed with Microsoft Visual Basic Professional Edition.