Traditional versus Weighted Payout Calculations When Creating A Pari-Mutuel Tournament Offering

Why would a tournament admin consider running a weighted payout pari-mutuel rather than a pari-mutuel relying on traditional payout calculations? This blog article explains the difference between these types of pari-mutuel offerings, and shows you how unbelievably easy it is to create any of these tournaments on Homestretch Golf, where you participants will enjoy paperless pari-mutuels and live odds during the betting window!

The proprietary Homestretch Golf feature allows admins to run Show Only (TOP 3) tournaments but dictate the payout calculations by % depending on the finishing position within the Top 3 spots.  Additionally, admins will be able to run Place Only (TOP 2) tournaments but dictate the payout calculations by % depending on the finishing position within the Top 2 spots.  Common examples are 50%/30%/20% for ‘Show Only’ tournaments with weighted payouts; 60%/40% for ‘Place Only’ tournaments with weighted payouts…but tournament admins can determine those specific %’s when creating a tournament on Homestretch Golf!  See the screenshots and explanations below to understand the difference between Traditional Payout Calculations versus Weighted Payout Calculations.
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