confirmation limits

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Page 1: Confirmation limits
Page 2: Confirmation limits

1 Payout Limits (Tote, Exotic, SP, All On and Yankee type bets)

Payout limits apply to Win, Place, Swinger, Exacta, Trifecta, Quartet, Double, Place Accumulator, Jackpot, Pick 3, Pick 6,Soccer Special, Starting Price, All-to-Come and Yankee type bets.

Payouts will be limited to the lesser of R500 000 ticket limits or R500 000/1 odds limit.

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Page 3: Confirmation limits

Examples:

If Hollywood lays a Jackpot that pays R630 000 to a R1 unit and a customer (syndicate of customers or any group of people acting in conjunction with each other as may be determined by Hollywood in its sole discretion) catches it once (100%), the R500 000 ticket limit will apply – dividend paid = R500 000.

If Hollywood lays a tickets totaling 20% of a Pick 6 that pays R700 000 to a R1 unit, the R500 000/1 odds limit will apply. Payout will be 20% of R500 000 – dividend paid = R100 000.

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Page 4: Confirmation limits

2 Open Bet Limit (local and international where the net pools are below R500 000)

An open bet is a bet offered by Hollywood on one or more events in which no fixed odds are agreed at the time the bet is placed and the winnings and therefore the payout is determined after the outcome of the event on which such bet was struck becomes known, with reference to dividends generated by a totalisator.

Winning limits shall also apply to Win, Place, Swinger, Exacta, Trifecta, Quartet, Double, Place Accumulator, Jackpot, Pick 3, Pick 6 and Soccer Special. The maximum winnings in respect thereof will be limited to THE TOTAL NET POOL LIMIT of the local SAFTOTE pool.

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Page 5: Confirmation limits

EXAMPLE: if the total available pool on an Exacta is R2 500, then this is maximum payout that may be distributed to a customer who has selected the winning combination/s regardless of the stakes or the number of tickets.

If Hollywood laid 1 000 winning Exactas to a customer and the SAFTOTE dividend was R3.50, how much would Hollywood pay out if the SAFTOTE Pool Limit is R2 500?

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R2 5001 000 x R3.50 = R3 500 exceeds the SAFTOTE pool limit (R2 500)

Page 6: Confirmation limits

The open bet payouts will be limited by the number of dividends being paid by the totalisator. The totalisator pools will be divided by the number of open bet dividends paying for that race. Therefore if a race is paying 4 places, the totalisator place pool will be divided by 4 and that value shall be applied to each placing.

EXAMPLE: if the net swinger pool is R3 000 and there are 3 swingers to be paid, the net pool for each swinger will be R1 000 (R3 000/3 swingers) and this shall be the open bet limit applied. Therefore if swingers are caught by a customer with Hollywood, and the total payout is R1 300, this payout will be limited to R1 000. The same applies to all open bets.

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Page 7: Confirmation limits

Example:

1. A punter takes a single swinger 3&4 for R200.

The winning swingers (plus dividends) are 1&3 (R6.20), 3&4 (R19.70) and 1&4 (R7.00).

The net swinger pool is R3 000

How much will the punter receive as a pay-out?

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• R3 000/3 swingers = R1 000 (limit)• R200 x R19.70 = R3 940 exceeds the limit• and so he/she receives only R1 000

Page 8: Confirmation limits

• If you lay more than one bet below the confirmation limit and it adds up to the confirmation limit then it must be called through to the Betting Support Centre (BSC).

• Please note that the maximum for horse racing multiples is R100 000. If any bet you put through your system is over R100 000, please reduce it to the R100 000. We do not want clerks confirming bets for R300 000/R400 000. You are wasting the client’s time, as well as your time.

Page 9: Confirmation limits

1 WINS

• Straight – R30 000

• Doubles – R50 000

• Trebles – R75 000

• Quads or More – R100 000

Patent (treble max R75 000)

Yankees (quad max R100 000)

Canadian (quint max R100 000)

Page 10: Confirmation limits

2 PLACES

Straight – R20 000

Doubles – R30 000

Trebles – R40 000

Quads or More – R50 000

Patent SA (treble max R40 000)

Yankees (quad max R50 000)

Canadian (quint max R50 000)

Page 11: Confirmation limits

3 WINS/PLACES FIRST TIMERS #

Straight – R10 000

Doubles – R20 000

Trebles – R30 000

Quads or More – R50 000

Patent SA (treble max R30 000)

Yankees (quad max R50 000)

Canadian (quint max R50 000)

Page 12: Confirmation limits

SPORT

Live in Running

(Sports)

Straight - R10 000

Double - R20 000

Treble or more - R30 000

Page 13: Confirmation limits

SOCCER

Wins

Straight - R20 000

Doubles - R100 000

Trebles - R200 000

Quads - R300 000

5 Teams - R400 000

6 to 50 Teams - R1 500 000

Page 14: Confirmation limits

POWER BALL

1 PB Number - R50 000

2 PB Numbers - R100 000

3 PB Numbers - R250 000

4 PB Numbers - R500 000

Page 15: Confirmation limits

POWER BALL

Power Ball +Bonus Ball

1 PB Bonus Ball (BB) - R50 000

1 PB + BB - R100 000

2 PB + BB - R250 000

3 PB + BB - R 500 000

4 PB + BB – R1 500 000

Page 16: Confirmation limits

LUCKY NUMBERS

1 Number- R50 000

2 Numbers - R100 000

3 Numbers - R250 000

4 Numbers - R500 000

Page 17: Confirmation limits

LUCKY NUMBERS

Hi – Low - R50 000

Bonus Ball 1-9 - R50 000

Bonus Ball Only - R50 000

Page 18: Confirmation limits

This is why we suggest that you print the summary of the confirmation limits and place them next to your terminal.

HORSE RACING SPORT SOCCER POWER BALL LUCKY NUMBERS

Wins PlacesWins

(First Timers #)

Places

(First Timers #)

Live in Running

(Sports)Wins

Live in running

WinsPower Ball

Power Ball +

Bonus Ball

Lucky

Numbers

Lucky

Numbers

Straight

R30 000

Straight

R20 000

Straight

R10 000

Straight

R5 000

Straight

R10 000

Straight

R20 000

Straight

R10 000

1 PB Number

R50 000

1 PB Bonus Ball (BB)

R50 000

1 Number

R50 000

Hi – Low

R50 000

Doubles

R50 000

Doubles

R30 000

Doubles

R30 000

Doubles

R15 000

Double

R20 000

Doubles

R100 000

Doubles

R20 000

2 PB Numbers

R100 000

1 PB + BB

R100 000

2 Numbers

R100 000

Bonus Ball 1-9

R50 000

Trebles

R75 000

Trebles

R40 000

Trebles

R40 000

Trebles

R20 000

Treble or more

R30 000

Trebles

R200 000

Trebles or more

R30 000

3 PB Numbers

R250 000

2 PB + BB

R250 000

3 Numbers

R250 000

Bonus Ball Only

R50 000

Quads or More

R100 000

Quads or More

R50 000

Quads or More

R50 000

Quads or More

R25 000

Quads

R300 000

Quads

R300 000

4 PB Numbers

R500 000

3 PB + BB

R 500 000

4 Numbers

R500 000

Patent (Treble)

R75 000

Patent (Treble)

R40 000

Patent (Treble)

R40 000

Patent (Treble)

R20 000

5 Teams

R400 000

5 Teams

R400 000

4 PB + BB

R1 500 000

Yankees (Quad)

R100 000

Yankees (Quad)

R50 000

Yankees (Quad)

R50 000

Yankees (Quad)

R25 000

6 to 50 Teams

R1 500 000

6 to 50 Teams

R1 500 000

Canadian (Quint)

R100 000

Canadian (Quint)

R50 000

Canadian (Quint)

R50 000

Canadian (Quint)

R25 000

Page 19: Confirmation limits

Pay-out limits per Bet Type per Customer (Rand)

Course 1 Course 2 Course 3

Win 20,000 10,000 5,000

Place 20,000 10,000 5,000

Exacta 20,000 10,000 10,000

Trifecta 30,000 15,000 10,000

Swinger 20,000 10,000 10,000

Quartet 40,000 20,000 15,000

Place Acc. 100,000 50,000 n/a

Pick 6 100,000 50,000 n/a

Course 1 France, Hong Kong, Ireland, Japan, Macau, Mauritius,

Singapore, UAE, UK

Course 2 Australia, Canada, Germany, Italy, Kenya, New Zealand,

Sweden, Turkey, USA, Zimbabwe

Course 3 India, South America

Page 20: Confirmation limits

From the previous set of slides, it is clear that there is a lot to remember.

This is why we suggest that you print the summary of the confirmation limits and place them next to your terminal.

Page 21: Confirmation limits
Page 22: Confirmation limits

You need to know and to practice the confirmation procedures with the BSC and Events office when phoning them to confirm a bet that is at or above the confirmation limit.

Page 23: Confirmation limits

You need to know and to practice the confirmation procedures with the BSC and Events office when phoning them to confirm a bet that is at or above the confirmation limit.

If you lay more than one bet below the confirmation limit and it adds up to the confirmation limit then it must be confirmed with BSC. Clients should not have access to these documents.

Confirm bets before printing the ticket.

Page 24: Confirmation limits

1. IDENTIFY YOURSELF (“This is Beauty Ndlovu from Bushbuckridge”)

2. The event in which the horse is running e.g. Scottsville race 7.

3. The name & number of horse and the bet type, e.g., King Jace #4 to win.

4. The bet amount e.g. 30 000 / 2 000

Page 25: Confirmation limits

1. IDENTIFY YOURSELF (“This is Adam from Argyle”)

2. The various events along with the relevant team names.

3. In the event of more than 5 teams only the 1st and last team needs to be called along with the number of teams selected.

4. 3. The bet amount e.g. 100 000 / 100

Page 26: Confirmation limits

HORSE RACING

CONFIRMATION

Queries (Bets not paying, manual pay-

outs, etc.)

82024 82025

Page 27: Confirmation limits

SPORT

82028, 82059, 82061, 82010, 82011

IN-RUNNNG QUERIES

82020

Page 28: Confirmation limits

TRAINING SUPPORT DESK

82105/82106

Page 29: Confirmation limits

On your turfsport you will notice that each betting sheet has a time. This time is when the event should close and no further bets may be taken

Page 30: Confirmation limits

Obviously you will be unable to take the customer’s bet when the race has been closed but what happens if you notice that the time is past this cut-off time?

Phone the Betting Support Centre (BSC, Control Centre, Sports office) to ask them to close it.

The BSC may have made a mistake and they will really appreciate it if you remind them to close it.

Page 31: Confirmation limits

Before you put in the stake you are able to see the accumulated odds.

If you take the accumulated odds and times it by the stake you will be able to see how much the 4 horse bet (the quad) would work out to.

If the odds work out to 20 000/1 or higher, and the punter plays R5 that would give you R100 000/R5.

You would need to confirm this bet because R100 000 is the maximum that you can play for a Yankee and a Canadian.