A parimutuel pool in the ALP SaaS most commonly represents a bet type (or bet pool), such as a "Pick 3" or "Exacta".
Before associating the pool (or event) code with a pool in the ALP SaaS, the parimutuel pool must first be created using the aforementioned page.
To create a new parimutuel pool, click the "Add Parimutuel Pool" link at the top of the aforementioned page. Alternately, to edit an existing or delete an unused existing pool, click the "Edit" link within the grid for the associated pool.
Main Article: Descriptor
Pool descriptors are very important in performing pool-specific bonus promotions.
Main Article: Parimutuel Pool Binding
When a new pool is created, or when an existing pool code is changed, the binding between the code and pool must be altered.