Golf excel template pari mutuel betting

golfers placing bets at the same time anyway. The bettors fill out a log of xlsm formatted MS Excel macro enabled workbook. It is open sourced for the most. Tote (Parimutuel) vs. Fixed Odds Betting. Glossary Australia Sports Betting offers an Excel betting tracker spreadsheet that is free to download. http://www. In Excel, for example An Intro to Monte Carlo Simulation for Sports Betting Risk Management (in Golf excel template pari mutuel betting The Economics of Parimutuel Sports. An Intro to Monte Carlo Simulation for Sports Betting Risk Management (in Excel) While parimutuel sports betting pools and format that is.

Betting Tracker Excel Worksheet

Contact us. Close Menu. JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser. Golf Parimutual betting - How do you do it?

Latest Posts Forums Recent Activity. So I've ran into an issue with my clubs parimutual betting setup. I've emailed my head pro to indulge and identify if there is an issue. I didn't even enter a place or show bet. I wanted the payout and odds. I thought it was a bit light, but I figured not many people placed a bet.

The other day I walk into the pro shop and confront our assistant pro. He says he'll gladly answer any of my questions. I ask for the odds on the payouts. Golf excel template pari mutuel betting I was flabbergasted and the assistant pro just smiles back at me. I was shocked, I had to look at him quizzically and ask if he sees anything wrong with that. He says no. I had to further explain how you can allow a show bet to pay better than a winner, when it's a harder bet to win.

Anyway, he finally understood my issue and says I need to talk to our head pro. I have not heard from him all day and plan to give him a call tomorrow. I have an eery feeling that he is going to defend the payouts and odds. So I'm here asking - how does your club run your parimutuals. Is there something that I am missing. The only thing I can think of is he created 3 separate pot pools.

One winning bet pool with all the money from the winning bets, another for the place pool with all the place bets, and another for the show pool with all the show bets. And then all the payouts were distributed that way. Again though, if you're running a parimutual gambling system that is completely wrong. Anyway, I don't know what to think. Thanks all. TMAdidas Well-known member.

I don't know about my club, but that is ridiculous. Congrats on the win, but you should definitely be getting more. The names of the previously entered players may be selected from scrollable menus. The user will include all players in the player list for the tournament that the user is creating. Once completed, a unique tournament number will be assigned and the tournament will be made available in the tournament list and be made available to all players participating in the tournament.

Once the tournament is created, each group is able to post their scores using their handheld device. An exemplary screen for posting scores is shown below. However, prior to this, the user may want to establish the matches that will be played within the tournament. You can create an unlimited number of matches for each tournament.

Turning now to the match management function, the present invention provides the user with the ability to create an unlimited number of matches within any particular tournament. The matches may consist of any number golf contests between players in the tournament.

Matches may be created by selecting Match Management, which brings the user to the Match Management portion of the system according to the present invention. The first screen in Match Management is the Match List Screen, and exemplary version of which is shown below. When the user first enter this screen no matches will be created and the user must utilize the provided menu options to create one or many matches.

To create a new match the user will click on Create New Match, this will take the user to a screen for setting up a new match, an exemplary version of which is shown below. The Match Formats availalable are defined as follows, but it should be noted that one skilled in the art may include additional and alternate matches or may have variations to the match formats defined herein.

Once the match format is selected, the user is presented with a menu screen that requires the amounts that are to be established for the match. For the skins matches, only one amount is necessary, and no percentages are applicable. An exemplary menu screen is shown below. The final step in creating the match is to select the match teams.

Below is an exemplary screen used to establish the teams. For an Individual Match, the user must simply select the players in the Team 1 list. By checking Individuals, the system knows that all players selected will be competing against each other. If you have team matches, the user may select the teams by clicking on the players that comprise the team.

Teams can be even numbers of 2, 3, or 4 players. The match will be created after completing the three screens: format, wager and teams. The Match Management function also allows the user to click on the match number to see the match teams and Click on the Match Details to see the Match Format.

Exemplary versions of menu pages for these functions are provided below. Tournament Management also includes the following reporting functions, which provide the users with information regarding the contest in which they are competing. The reporting functions include:. More specifically the functions for Post Scores provides a screen menu for entering player scores.

If the user selects this box, all players in the tournament will appear in the screen, and exemplary version of which is shown below. Otherwise, only the competing players in the users foursome will appear. Golf what be next sports bet If each group, for example foursome has a PDA, then each group may post their scores separately.

If the scorekeeper is the sole user of the present invention, the scorekeeper will need to select this option to be able post all scores. Once the scores are posted, the tournament leader board is immediately updated for each match being played within the tournament. The LeaderBoard provides instantaneous real time player standing during competition.

When the user select the Tournament LeaderBoard, the following exemplary screen is displayed. Here the user can choose any of the matches in the tournament, and see the current real time standings. It also shows the number of holes completed.

The Winnings function calculates the results of all wagers and bets placed by the contest participants. When all scores have been entered for the tournament, the system of the present invention will determine winners and calculate exactly all winnings.

By selecting Tournament Winnings, the user is able to see the total net winnings across all matches in the tournament order in descending order by net winnings as shown in this exemplary display. This makes the arduous task of calculating much easier. In addition, the user now has the data that can be reviewed and referenced long after the tournament is completed. The user may also select individual matches to see the details of how the money changed hands for each match.

For example, depicted below is one of the two exemplary matches for a tournament. It shows that Rick James won By scrolling down further on the menu screen shown above the user can see that Rick won 13 points in this skins match. The user may also view scores of the tournament by selecting the View Scores Selection.

You can additionally drill into the details to see hole by hole scores. The system according to the present invention may also include access through a wide area network to a portal such as a web site, wherein results of all tournaments and contests may be saved. The user may access such Tournament Desktop Reporting by logging onto an account created at such a web site as a member in the present invention system network.

The user may thus access his saved results which may be presented as on this. The user will thus be able to access and review all tournaments that the user has competed in. This includes average score and net winnings across all tournaments. For example the user may click on 18 Hole Score to see all tournament results such as in the exemplary depiction below;.

The use may also click on Number of matches to see all match details. The present invention may be implemented utilizing Microsoft Net Technology. Within this technology, ASP. Microsoft's Sql Server may be the database that houses all data applicable to the program. While select preferred embodiments of this invention have been illustrated, many modifications may occur to those skilled in the art and therefore it is to be understood that these modifications are incorporated within these embodiments as fully as if they were fully illustrated and described herein.

An electronic wireless network enabled scoring system for golf players that can receive and store data concerning characteristics of golf courses and golf players, accept scoring data for at least one competition among said players in real time in accordance with predetermined criteria and calculate results of said at least one competition.

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