conditions shrink R4.8-million win to R1-million
- Dave Scott
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Re: conditions shrink R4.8-million win to R1-million
7 years 6 months ago
Would like to thank SP for a detailed reply plus an answer to my question on tax
"sorry - to add (and answer your question) - The taxes were paid on the R1m win. (As part of his celebrations, we paid him a lump sum R1m in his personal bank account the very next day. We did not deduct the tax from his winnings. This was settled from our accounts on his behalf) "
"Lastly, we don't hide the payout limit in T&Cs pages. So it cant be considered “fine print” - the disclaimer is visible on the betslip right alongside the “place bet” button"
"sorry - to add (and answer your question) - The taxes were paid on the R1m win. (As part of his celebrations, we paid him a lump sum R1m in his personal bank account the very next day. We did not deduct the tax from his winnings. This was settled from our accounts on his behalf) "
"Lastly, we don't hide the payout limit in T&Cs pages. So it cant be considered “fine print” - the disclaimer is visible on the betslip right alongside the “place bet” button"
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- Solotrama
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Re: conditions shrink R4.8-million win to R1-million
7 years 6 months ago
Desai added that since Ward opened his account with Sportingbet‚ he had placed at least 530 bets on the website and each time he had the opportunity to go through the payment terms but he had failed to do so.
Surely the client is allowed a refund of stakes which affected payouts over R1million
ie if he had taken an accumulator say 2 million to R200 he should get a refund of R100
530 multiplied by 100 = 50k
Surely the client is allowed a refund of stakes which affected payouts over R1million
ie if he had taken an accumulator say 2 million to R200 he should get a refund of R100
530 multiplied by 100 = 50k
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- Lionel
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Re: conditions shrink R4.8-million win to R1-million
7 years 6 months ago
Pretty straight forward IMVHO...limits apply to all bets, and the limit was applied. Yes, the bookie could have done x and y to improve the situation, but it does not detract from the facts of the matter.
Well done to the punter on his massive windfall nonetheless :woohoo:
Well done to the punter on his massive windfall nonetheless :woohoo:
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- LSU
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Re: conditions shrink R4.8-million win to R1-million
7 years 6 months ago
Since this happened in 2014 the real question is "has he put his R1m to good use". I hope it has and that it has made a major difference to him as these types of wins are quite rare.
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- Muhtiman
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Re: conditions shrink R4.8-million win to R1-million
7 years 6 months ago
....must have blown a few K on legal fee's....was he hoping for a bookie hating judge..... :huh:
....had more chance of posting his winning ticket here.....and started a tipping service..... :lol:
....had more chance of posting his winning ticket here.....and started a tipping service..... :lol:
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