Payout Settings

Payout Settings allows you to adjust odds for fixed-team parlays or manage teaser options. Our platform equips you with the tools to tailor your offerings to your players precisely.

Accessing Payout Settings

To customize your payouts.

1. Locate and select the Tools menu from your dashboard.
2. In the dropdown menu, click on Payout Settings to open the customization interface.

Here, you’ll find various options for personalizing your payouts across multiple events and bet types.

Customizing Your Payouts

True Odds Parlay Adjustment

The Parlay platform enables you to customize payouts for a range of team parlays, from 2 to 8 teams, each with predefined fixed odds. The default settings are meticulously designed to balance between attractiveness for players and profitability for bookies. However, recognizing the need for flexibility, these settings can be tailored to suit specific strategies or events.

Adjusting Fixed Odds for Team Parlays

1. Select the sports event for which you wish to customize payouts within the Payout Settings section.
2. Locate the section labeled “True Odds Parlay Adjustment.”
3. Use the input fields beside each team number (2 to 8 teams) to adjust the fixed odds. The default values are strategically set at 260 (for 2 teams) up to 10000 (for 8 teams).
4. Review your adjustments meticulously to ensure they align with your strategic objectives and market conditions.
5. Once satisfied with the adjustments, click “Save Settings.”

These changes will be reflected instantly, affecting the odds displayed to your players accordingly.

Football and Basketball Teasers

Teaser bets allow players to adjust point spreads or totals, providing a different risk-reward dynamic. On the Parlay platform, you can customize the odds for Football and Basketball teasers for different team combinations and points grabbed.

Customizing Teaser Odds

1. Identify the teaser type you wish to customize (Football or Basketball) within the Payout Settings.
2. For each team combination and teaser point option, input the adjusted odds. For example, for “2 Teams 6 Points” in Football, the default is set at -110.
3. Review each adjustment carefully to ensure it meets your business needs and provides fair value to your players.
4. Once finalized, click “Save Settings” to implement these changes across the platform.

Buying Points

The option to buy points allows players to modify the point spread or total of Football and Basketball games, providing a tactical edge. Parlay will enable bookies to customize the extra juice required for each half-point purchased up to 10 points.

Adjusting the Cost of Buying Points

1. Choose whether you’re adjusting for Football or Basketball within the Payout Settings.
2. Update the extra juice settings for each half-point increment. Remember, the default settings begin at -120 for 0.5 points and can go up to -620 for 10 points.
3. After making your adjustments, review them for accuracy and fairness.
4. Click “Save Settings” to update the cost of buying points across your offerings.