SWEDEN’S GREATEST BET – V75 – R80-MILLION POOL WEEKLY
TAB’s online customers can now play one of the most popular bets in the world - Sweden’s V75 which is offered on a Swedish harness race meeting every Saturday. The V75 pool is normally about R90 million and soars over R100 million on a carryover day.
The bet is similar to the Pick 6 in that the winners of seven consecutive races must be selected. But there are significant differences. For starters, the unit of betting is R2 so if you select two horses in each leg the cost is R256 (2 x 2 x 2 x 2 x 2 x 2 x 2 = 128 x R2 = R256).
With the V75 bet offered by TAB, the pool is split as follows: 40% for 7 winners; 20% for any 6 winners and 40% for any 5 winners. If you win the 7-winner pool you do NOT get the 6 and 5-winner payouts.
If one or more of your selections is scratched, it is replaced by runner/s according to the published replacement order. Runners are seeded from best to worst – if one of your selections is scratched, it is replaced by the top-seeded runner. If another of your selections in the same race is scratched, it is replaced by the second top-rated runner and so on. If one of your selections is scratched and you already have the top-seeded runner, you get the second top-rated runner and so on.
What happens if you get any 6 of the 7 winners? You win the 6-winner payout and normally the 5-winner payout. The number of times you win each payout is as follows:
- 6-winner dividend: the number of times you win the payout equals the number of selections in the leg you did not get the winner.
- 5-winner dividend: add up the total number of selections you had in the 6 legs in which you selected the winner and subtract 6. Take the resultant total and multiply it by the number of selections you had in the leg you did not have the winner. Example you take a permutation with 2 runners in every leg – the total number of selections in the legs you had the winner is 12 then minus 6 = 6 x 2 = 12 times.
If you select 5 winners, this is how you calculate the number of times you collect the 5-winner dividend – take the total number of selections you had in each of the two legs in which you failed to select the winner and multiply them out to determine how many times you get the payout. Example: you fail to pick the winner in Legs 2 and 3 in which you had 2 selections and 3 selections respectively – you win the 5-winner dividend 6 times (3 x 2 = 6). If the 5-winner payout is less than R2.10, it is carried forward to the 7-winner portion of a pool, which shall be held within six months of the carryover.
V75 Betting Rules
V75 betting refers to the betting category in which the customer attempts to forecast the winning horses in seven races held as part of one and the same race meeting.
2 Calculation of Investment
In V75 betting the races are designated legs 1-7. Customers indicate those horses which they wish to select by marking one or more numbers in each leg (selections).
If a customer makes one selection for each leg, then the bet covers one combination (single combination). If a customer makes more than one selection in one or more legs, then the bet is termed a multiple bet (it covers more than one combination).
The number of combinations in a multiple or permutation bet is determined by adding together selections in each of the legs, and multiplying the resultant numbers together.
The total payable investment is calculated by multiplying the number of combinations by the price per combination, and also, where applicable, by the number of times the customer wants to place the bet.
3 Bringing in Reserve Selections, Reserve Order
Prior to the start of the first leg it shall be established in which reserve order the horses in each leg will be included in the bet in the cases described in the following:
A higher number of winning combinations are produced if reserves, in accordance with the established reserve order, are brought in one or more times. When a reserve is brought in for a horse that has been withdrawn, it will be chosen from the established reserve order, using the unmarked program number from the reserve order. It is normal practice for no reserve from the established reserve order, including selected reserves, to be used more than once.
The allocation of reserves is to be effected in such a way that the number of selections on the horses starting the race is as equal as possible.
If however all the horses starting a race have already been used as reserves and additional reserve horses are required, then the established reserve order will always be used.
The Gaming Board for Sweden shall be presented with information detailing the reserve order before the start of the first leg.
In V75 betting, the reserve order given in the program published digitally at www.atg.se shall always apply, even if it should contain errors.
Any errors in other publications are of no purport.
Should any individual horse(s) be deleted from the reserve order they will be placed last in the reserve order, with lowest numbers first.
If there is no reserve order or if more than half the horses have been deleted from the reserve order then the arranger shall establish the correct reserve order, and make it public in an appropriate manner.
In V75 betting only such a coupon may be used on which a single combination or a system can be multiplied by means of the customer indicating the number of single combinations or systems to be included in the bet (multi-coupon).
5 Retraction of Betting Ticket
A V75 betting ticket may not be retracted once it has been registered at a place authorised to carry on betting.
6 Winning the bet
In V75 betting the bet is won by those combinations which indicate the winning horses in 7, 6 or 5 legs. These each compose a dividend group, provided the exceptions detailed in § 11 below do not apply.
7 Dividend calculation, Jackpot, Carry-Forward Fund
Dividend calculation is effected as follows: in V75 betting the net total of turnover is divided into three parts; the share of the net total of turnover ascribed to each dividend group is shown in the following table:
Dividend group Share of net total
7 correct forecasts 40 %
6 correct forecasts 20 %
5 correct forecasts 40 %
The sums thus obtained are divided among the number of winning combinations in each respective dividend group.
If the dividend amount calculated per combination in the dividend groups for 6 and 5 correct forecasts is less than a certain amount decided by government, then the dividend will not be paid. The monies excepted from payment in accordance with this provision shall be placed in a carry-forward fund; ATG shall subsequently pay out these monies to the dividend group for 7 correct forecasts in a V75 bet held within the following six months. When ATG has decided to which V75 meeting monies from the carry-forward fund will be allocated, this decision may not be reversed.
At the time of publication of these regulations, the lowest payable dividend per combination is SEK 15.00 (approximately R16.85 depending on the SEK-Rand currency conversion).
For bets placed in currencies other than SEK, the lowest payable dividend is a fixed sum - in South Africa R2.00. If there is no winner in one or more of the dividend groups for 7, 6 and 5 correct forecasts, then the investment placed will be carried forward to the dividend group for 7 correct forecasts in one of the next V75 meetings within the next six months.
The number of winning combinations with 7, 6 or 5 correct forecasts in a system is determined by the number of single combinations with 7, 6 or 5 correct forecasts included by the multiple bet.
8 Dividend Calculation in the event of a Dead Heat
If there is a dead heat for first place in one or more of the legs, the calculation of the number of dividend shares accruing to a winning customer who has forecast more than one such horse is effected by multiplying together the number of winning horses selected by the customer in each leg.
9 Re-run or Postponement of Race
If a race is re-run or held at a later date, then the result of that race will be included in the betting.
10 Cancellation of leg, leg declared void, leg abandoned
If any leg is cancelled, declared void, or abandoned without being deferred (scheduled to be run at a later time), then the results from the other legs are decisive in determining the result of the betting. The same provision will apply if a race is declared void or if no horse crosses the finishing line as winner. A winning customer, who with regard to such a leg has made two or more selections, will be awarded that number of dividend shares which corresponds to the product of 1 and the figure(s) which denote(s) the number of selections made by the customer in such a leg.
If winning horses have crossed the finishing line in all of the legs covered by the bet, but a winning customer has correctly forecast the winning horses in less than all the legs, then the winning customer will be awarded that number of dividend shares which corresponds to the product of 1 and the figure(s) which denote(s) the number of valid selections made by the customer in that leg or those legs in which he has not forecast the winning horse.
11 Deletion of more than two legs
If more than two legs have been deleted from one meeting, and if those legs cannot be re-run or held at a later date, then the betting will be called off and the investments will be repaid.