Samiah Bte Hassan
27/02/2012
INTRODUCTION OF NEW FORM OF BETTING – ‘ROLL WIN’
The Singapore Turf Club will introduce a new form of betting, Roll Win, from Friday, 2 March 2012. In the Roll Win betting coupon, customers are required to select the winning horses in any two or three races of their choice in order to win. The winning dividend and / or refund from each race will be automatically rolled over to the customer’s next selected race.
Roll Win will be offered only on Singapore races and will share the same betting pool as the Win bet. Each bet combination costs $5 and the minimum dividend is $5.30. Winning dividends will be paid out when the customer’s selected horses win in all the races they have selected. If a race selected by the customer is abandoned, scratched or withdrawn and it is not the last leg of the Roll Win bet, the refund would be placed on the customer’s next selected race. This new form of betting may be further extended to other simulcast races pending customers’ response.
The re-investment of the entirety of customers’ winning dividends will lead to a larger Win pool. Operational efficiency can also be achieved by reducing overcrowding at the betting counters as bets have been placed with multiple races.
The following is an example of how the dividend of a winning bet is computed:
1st Leg
2nd Leg
Race
3
5
Horse
7
8
Investment
$5.00
$14.00
Number of units
1
2.8
Declared dividend
$14.00
$6.00
Roll over
$14.00
N.A.
Payout
N.A.
$16.00
Cash and account rebates are applicable to the initial investment.
Issued by the Corporate Communications Department,
Singapore Turf Club
For enquiries, please contact:
Ms Clara Wee
Senior Manager (Corporate Communications)
Ms Lai Choon How
Assistant Manager (Corporate Communications)
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