Host Fee Application

Host Fee Application

The CHRIMS Host Fee Application is a simulcast contract management tool that is utilized and shared by your Legal, Accounting and Simulcasting Departments. The communication of host fee rates within organizations has been a longstanding point of weakness in the horse racing industry for many years. This application will house and centralize all pertinent information from your simulcast contracts making it easy for the necessary departments

Here are some of the features and abilities you’ll gain by using the CHRIMS Host Fee Application:

  • Create ‘contracts’ right within the Host Fee Application
  • Enter the host fee rates and start/end date for all negotiated rates
  • Ability to enter all variations of host fee rates currently used throughout the industry including rates as a percentage of handle, rates as a percentage of takeout, rates by pool type, flat daily rates and more
  • Get your customized ‘rates page’ created and printed right from the Host Fee Application
  • The Host Fee Application will alert the user when contracts are set to expire
  • Ability to enter separate rates for special single day events such as Breeders’ Cup or Triple Crown Races
  • Grant read-only access to departments within your organization

Contact Us today to schedule a free demonstration to see how our host fee application can fit the needs of your organization.

Testimonials

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While gathering and processing data we:

  • Interface with multiple tote systems and data sources
  • Work with tote companies to resolve any data issues
  • Manage standardized identifiers for race characteristics
  • Handle exceptions so wagering reports balance

In addition to data processing, CHRIMS offers other services including:

  • Inter-networking 34 race tracks and off-track wagering facilities in California
  • Customized analysis tools and reports and other data-interface projects
  • Source Market and Host Fee entry & reporting
  • Pari-mutuel data analysis