Traditional racebook
Pick one horse. Hope the odds hold.
- Choose 1 winner from a field of 8 to 12.
- Payout keeps moving until the race goes off.
- Finish first, or get nothing.
#5 Lightning Bolt
Turf Trade
Operators and racing distributors can offer YES/NO markets on race outcomes without standing up a separate exchange. One question. Two prices. Parimutuel racing, regulated.
The product
Turf Trade is a horse racing binary bet solution. Operators and racing distributors offer YES/NO on race outcomes without standing up a separate exchange. Will number eight run last in race four at Churchill Downs today. YES at 40¢, NO at 60¢. The player knows the payout when they buy. It sits on the racebook you already run. Parimutuel racing, regulated.
How it works
Traditional racing asks the player to pick one horse from a field of eight to twelve. Turf Trade asks one YES/NO.
YES or NO. Locked-in payout per share. Price moves with the market; the contract still pays $1 if you are right.
Operators and racing distributors offer the market on the book they already run. Players do not open a second account.
Patent-pending LMSR engine. Bounded liability. Adaptive pricing. Same core as Predigy Edge and SkillCast.
Built for regulated racing. Complements the racebook. Does not replace the tote.
Racebooks, racing distributors, and operators who already hold a racing license.
What it is not
Not a replacement for the tote. Not a player-vs-player racing exchange. Not a CFTC venue.