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

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

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