BET 0.00% 9.3¢ betmakers technology group ltd

Generation WEB 3.0 Bookmaker Platform, page-36

  1. 33 Posts.
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    $1000 on QLD client @ 1.95 Heads Customer A
    $1000 on QLD client @ 1.95 Tails Customer B

    Say it lands heads

    [email protected]= $950 Profit for Customer A. Bookmaker Loses ($950)
    $1000.@95= $950 Loss for Customer B. Bookmaker Wins $1000

    Bookmaker won $50 before any fees paid to anyone

    Total paid to QLD= 0.2*$50= $10
    Total GST paid out of $50= $10

    Remaining Profit= $30

    Obviously there could be other fees that have not been included such as racefield/PRA fees, merchant fees etc.

    POCT is the net of your clients combined for that month for that state.

    How do you come up with -$350? as it is WRONG.


    Last edited by Talktothehand: 05/10/23
 
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