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NEWS

PARI-MUTUEL FIXED ODDS BETTING ON RACING

The Set Price Tote (SPT) is a revolutionary and exciting development in totalizator technology that provides set prices (fixed odds) on everyday races, and right up to race time, as part of a totalizator system.

That’s right! It gives tote punters the option of taking the price that is available at the time they place their bet, rather than having to take a chance and gamble on what the price might be at the end of betting.

What’s more, punters can still make traditional parimutuel wagers if they wish  -  and they can even have better odds for those bets! Yet the SPT does all this while still acting like the existing tote by guaranteeing the return to the tote operator.

Typically, races for horses (thoroughbreds and harness) and greyhounds (dogs) are suitable for set price betting.

The SPT invention is very versatile, resilient and widely applicable. By satisfying the popular desire for set prices, it is believed that it will generate a significant increase in turnover (handle) for the racing industry, an important industry that is in a parlous state in many places throughout the world.

It is believed that ultimately all totalisators will work like this!

MAKE A DIFFERENCE  -   VOTE   NOW FOR THE SPT.

This site was last updated on Saturday 27 May 2006.