Saftote Takeouts

  • Garrick
  • Topic Author
  • Elite Member
  • Elite Member
  • Posts: 1300
  • Thanks: 526

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%!

Please Log in or Create an account to join the conversation.

  • rob faux
  • New Member
  • New Member
  • Thanks: 0

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.

Please Log in or Create an account to join the conversation.

Time to create page: 0.096 seconds

Contact Details

Main Office (HQ)
PO Box 40390
Moreleta Park
Pretoria
0044
+27 (0) 82 785 4357
info@africanbettingclan.com

About A.B.C.

African Betting Clan is established for the upliftment of the sports punter, who enjoys a bet on horse racing, football and other sports, enabling them to voice their views and opinions on all aspects of the sport of their choice, free of charge.

Learn More

T's & C's

The views expressed on this website are not necessarily the views held by the proprietors of the site. Therefore African Betting Clan will not be responsible for any content posted. No persons under the age of 18 years are permitted to gamble. National Responsible Gambling Programme and its toll-free number (0800 006 008)