Confirmation limits

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.

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.

A bet over the confirmation limit must be confirmed after printing the ticket.

• True

• False

The early betting confirmation limit for a single bet is?

• R15 000

• R5000

• R2500

• R30000

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.

Who can approve a bet over the confirmation limit?

• Clerks

• Bsc

• Branch manager

• Area manager

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.

A minimum value of the potential pay out that must be reported to the Bsc/Events office to alert them that there is a bet that has a high potential pay out.

This is a maximum value that must be paid out on a bet.

Confirmation limits table.