Understanding Pari-Mutuels So You Can Turn A Profit By Monitoring Fluctuating Odds

“The final hour of wagering in a pari-mutuel can often be the most critical time period to save (additional) wagers because Homestretch Golf’s platform is providing you live, real-time win odds data that can make you that much more informed than other participants solely based on when you monitor those odds.”

David Knox, PGA (Homestretch Golf Founder)
David Knox, PGA (Homestretch Golf Founder)

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How To Run Safe Paperless Pre-Round Golf Wagering At Your Club With Proper Social Distancing

The National Golf Foundation is doing a great job with weekly updates regarding the impact of COVID-19 on the golf industry, including gauging the ‘Golf Itch’ factor across the country.  Their recent Golf Itch Meter was at 80, with 100 representing a Major Itch to play golf.  Golf Pros and Club Operators nationwide are operating in a very fluid environment with ever-changing legislation and implementing measures to safely conduct golf play at their clubs during this pandemic in a manner that eliminates cross-contamination and group gatherings. Read more

Are You Doing These 3 Things Before Your Golf Pari-Mutuel Event?

As with most tasks, investing some time in planning and thinking through logistics in advance of running an event can pay dividends.  Nothing is worse with golf events than learning of mistakes you (or your staff/committee) made due to careless oversights, not having solid answers to questions, and generally not being thorough with anticipating needs in order to deliver a great golf experience.  The same holds true when it comes to facilitating pari-mutuels or any form of pre-round wagering.  

Here are three best practices to implement BEFORE your event that will help you execute amazing wagering experiences for your participants: Read more

More Pre-Round Time For Betting Means More Action And Bigger Pots

Is your club losing out on bigger wagering pots because you don’t open up bets until a staff member or point person is physically in place to collect cash at the club or some other gathering location?  If that is how things are run at your club, then unfortunately, chances are the answer is YES!

The beauty of Homestretch Golf’s paperless wagering platform is that there is no longer a requirement to verbally tell someone your wager or physically have someone record it with pen and paper on a bet slip or enter it directly into a computer.  Homestretch Golf has given the power of recording and saving wagers to the betting participants! Read more

How Golf Pari-Mutuels Can Raise Money for Charity

How can pari-mutuels raise money for charity?  

Simple Homestretch Golf Solution:
Reserve a portion of the wagers to be donated to the local cause!  As an example, if I run a tournament on Homestretch Golf and in my tournament setting reserve 20% of the total wagers for charity, then that reduction is made prior to calculating the payout results.  This is a completely under-utilized fundraising method for charity golf scrambles.  Read more