Co-mingling with Singapore

naresh wrote: Rob the punters are getting short changed as the dividends in South Africa is rounded down. There is a guaranteed minimum in Singapore for places and wins as follows,

Select a horse to finish first, second or third where the total number of runners is seven or more. Where the number of runners is four, five or six, select a horse to finish first or second.
Unit bet value $5
Minimum dividend $5.10

This equates to 10c profit on every rand wagered so i still dont know why its not paying R1.10 unless im calculating it wrong. Interestingly Hollywood take their dividends from the host country and they have it has R1.05 has their official payout. I am bamboozled working the payouts

mr hawaii wrote:

naresh wrote: Rob the punters are getting short changed as the dividends in South Africa is rounded down. There is a guaranteed minimum in Singapore for places and wins as follows,

Select a horse to finish first, second or third where the total number of runners is seven or more. Where the number of runners is four, five or six, select a horse to finish first or second.
Unit bet value $5
Minimum dividend $5.10

This equates to 10c profit on every rand wagered so i still dont know why its not paying R1.10 unless im calculating it wrong. Interestingly Hollywood take their dividends from the host country and they have it has R1.05 has their official payout. I am bamboozled working the payouts

I'm not sure if I'm correct but if it is a $5 wager and you get back $5.10 then you are getting 2 cents back on every $ ? Maths not my strong point though and perhaps the exchange rate comes into play?