Saftote Takeouts

  • Garrick
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Saftote Takeouts

10 years 3 months ago
#539017
Could someone please direct me to a source which OFFICIALLY details the Saftote takeouts on all the bets they offer.

The Tote Rules coyly avoid mentioning any which, in today's modern environment, I would deem to be close to illegal when you consider the required transparency of other financial services offerings.

I ask simply because I have just been reading a UK report on totes in general which states (possibly incorrectly) that the SA takeout on win bets is 20%!

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  • rob faux
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Re: Saftote Takeouts

10 years 3 months ago - 10 years 3 months ago
#539019
Garrick wrote: Could someone please direct me to a source which OFFICIALLY details the Saftote takeouts on all the bets they offer.

The Tote Rules coyly avoid mentioning any which, in today's modern environment, I would deem to be close to illegal when you consider the required transparency of other financial services offerings.

I ask simply because I have just been reading a UK report on totes in general which states (possibly incorrectly) that the SA takeout on win bets is 20%![/quote

The question I have been asking for years ,particularly as we hear of commissions and rebates for co-mingling (and that undoubtedly increases the standard take-out ) and the reduced net pool is the only reasonable explanation for strangely low dividends,once any form of fraud is ruled out!
Last edit: 10 years 3 months ago by rob faux.

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