
Confirmation limits
Authored by Mama Lee
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Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Which of the following is not a risk at Hollywoodbets?
A large stake on a first timer.
When a punter places a large stake on an outsider (a horse with high odds).
Betting on the favourite within the confirmation limits.
A punter who has been tipped about a horse that is most likely to win.
2.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
What time will early betting time end for a race running at 16:30?
16:29
14:00
16:00
The day before the race.
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
A bet over the confirmation limit must be confirmed after printing the ticket.
True
False
4.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
The early betting confirmation limit for a single bet is?
R15 000
R5000
R2500
R30000
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
How do you confirm open bets?
Confirm if an open bet is taken for 10 times or more.
Confirm only open wins and open places.
Confirm at payout point if the pay out is R5000 or more.
Confirm if the stake is R3000 or more.
6.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Who can approve a bet over the confirmation limit?
Clerks
Bsc
Branch manager
Area manager
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
When must a mixed multiple be confirmed?
You do not have to confirm mixed multiples.
All mixed multiples must be confirmed no matter the potential pay out.
When the potential pay out is R100 000 or more.
When the potential pay out is R1000 000or more.
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