Application File Imports Release Notes Sync Web Services FAQ

Parimutuel

Parimutuel refers to a betting system in which all bets are placed in a pool, per bet type, per race.  Within the ALP SaaS, this specifically refers to bets placed on horse racing.

In the ALP SaaS, a parimutuel transaction is treated similarly to a retail purchase, in that members can be awarded points based on the wager amount.  Transaction point formulas can be configured by location, by parimutuel track.

See Also

Parimutuel Setup

Please note: All external ALP SaaS links and references are directed to US datacenter unless specifically noted.


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