Customers of Youbet.com offered conditional wagering

Mar 17, 2009 4:09 PM
Industry Insider by Ray Poirier | Customers of Youbet.com (UBET) are now being offered a new feature: conditional wagering.

The new wagering platform, the company says, will permit its customers to set multiple parameters in terms of odds, payoff or timing of a bet, bringing a whole new dimension to betting on horses.

Utilizing the company’s software, bettors will be able to set minimum acceptable odds on win wagers, minimum probable payoffs on daily double, exacta and quinella wagers and also decide at what time before post the bet should be entered to become official.

Said the company in making the announcement, "No longer will customers have to monitor the toteboard: while wagering at multiple tracks. "They can now place their bets in advance, obtain fair odds and avoid wagering on overbet horses."