Important fractional betting enhancement

Phumelela Gaming And Leisure Limited


TAB customers in Phumelela regions utilising fractional betting now get the maximum fraction for the amount they wish to spend, which in turn will expedite the processing of bets in TAB outlets.
Previously TAB’s Amtote betting system did not calculate past the decimal point, which often resulted in a customer not being able to spend the full amount requested with a fractional bet. For example if a customer wished to play a Quartet for R30, the system would calculate the biggest possible whole-number fraction and this may have resulted in say only R28 of the R30 being spent.
The software has now been upgraded to calculate to five places past the decimal point in fractional betting with the result that the system will now accept the full amount a customer wishes to wager.
This will have two benefits – the customer’s full spend is utilised and the instances of tellers having to give change will be dramatically reduced, which in turn will speed up the placing of bets in TAB outlets.
“It’s an important step forward because it has enhanced the betting experience for all our customers,” said Robert Garner, Phumelela’s GM Marketing and Communications.
TAB customers should note that although the system is calculating to five places past the decimal point, only two places past the point will reflect on betting slips.

Great innovation terribly communicated.

Makes no sense other than the TAB wont have to give more change and the Punter will spend more money instead of the previous rounding down.

Why 5 decimals but only print 2 on the slip will probably confuse people.

Hibs, where was this advertised, can't find it on there site?

we get "press release" via email

Thanks Dave, just wondering how they communicate this to the punter in the totes...

First good idea I have heard come from Phumelela in a very long time!

I don't even think they are going to bother with letting the grass roots punter know because they won't be too affected? All it means is that the 40c and 60c you would normally have been given in change won't be forthcoming anymore. In todays very expensive society that is not going to be too great of a loss. Whats even more important is that the tellers always try to screw the punter with the extra few cents anyway and more often then not get away with it.

Anyway, sure there will be good and bad come from this but I'm all for it. Won't really affect the regular punter as he will get greater returns (relatively) for his bet once it is declared a winner anyway!

Comments?