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| Both sides previous revision Previous revision Next revision | Previous revision | ||
| features:early-cashout [2022/08/01 15:06] – [Cashout process in Online Betting] ieva-buinauskiene | features:early-cashout [2022/08/02 10:51] (current) – [Cashout process in Cashier Application] ieva-buinauskiene | ||
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| * 6. ‘Early payouts’ section set ‘Enabled’ – On and set your setting for early cashout. | * 6. ‘Early payouts’ section set ‘Enabled’ – On and set your setting for early cashout. | ||
| - | {{ : | + | {{ : |
| - | ==== Cashout | + | ==== Cashout |
| You can set cashout for the entire organization shops or for shop separately. For entire organization you need to go to ‘Games’ section. For separately shop go to ‘Management’ select shop and click on ‘Games’ section. Scroll until you find game name and press ‘Edit’ settings. In game settings you will find ‘Early payouts’, click on ‘Enabled’ on and set other setting for cashout. | You can set cashout for the entire organization shops or for shop separately. For entire organization you need to go to ‘Games’ section. For separately shop go to ‘Management’ select shop and click on ‘Games’ section. Scroll until you find game name and press ‘Edit’ settings. In game settings you will find ‘Early payouts’, click on ‘Enabled’ on and set other setting for cashout. | ||
| {{ : | {{ : | ||
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| * The customer places a R100 bet for PSG to win with an odds of 1.50. After 60 minutes, the match is still tied, and the customer wants to ensure that he/she is not left empty. He/she then performs an online cashout at odds of 2.00. If the betting company applies a 10% deduction for each cashout, the calculation will look as follows: | * The customer places a R100 bet for PSG to win with an odds of 1.50. After 60 minutes, the match is still tied, and the customer wants to ensure that he/she is not left empty. He/she then performs an online cashout at odds of 2.00. If the betting company applies a 10% deduction for each cashout, the calculation will look as follows: | ||
| * (1.50/ | * (1.50/ | ||
| - | ==== Multibet Cashout Calculation for cashier application | + | ==== Multibet Cashout Calculation for Cashier Application |
| Multiple bet cashout calculation is a bit more complicated, | Multiple bet cashout calculation is a bit more complicated, | ||
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| {{ : | {{ : | ||
| - | ==== Multibet Cashout Calculation for online website | + | ==== Multibet Cashout Calculation for Online Website |
| Multibets cashout calculation depends on changing odds. If active odds increased and it are higher than issued odds there will be more parameters in calculation. First of all stake is multiplied by the penalty if it is and multiplied by the issued odds. This calculation is divided from evaluation of odds for each bet odd. If active odd is equal or higher than odds penalty margin (3) and active odd – issued odd is equal or higher than active odd multiplied by odds increase to apply penalty % (0.2) than first calculation of multiplication of issued odds, stake and penalty is divided from active odds multiplied by odds penalty multiplier (2), if not divided from active odds. For example: | Multibets cashout calculation depends on changing odds. If active odds increased and it are higher than issued odds there will be more parameters in calculation. First of all stake is multiplied by the penalty if it is and multiplied by the issued odds. This calculation is divided from evaluation of odds for each bet odd. If active odd is equal or higher than odds penalty margin (3) and active odd – issued odd is equal or higher than active odd multiplied by odds increase to apply penalty % (0.2) than first calculation of multiplication of issued odds, stake and penalty is divided from active odds multiplied by odds penalty multiplier (2), if not divided from active odds. For example: | ||
| * The customer | * The customer | ||
| Line 60: | Line 60: | ||
| - After confirmation of cash out slip status changes to ‘Winner – Paid Out’. | - After confirmation of cash out slip status changes to ‘Winner – Paid Out’. | ||
| - Enjoy your winnings! | - Enjoy your winnings! | ||
| - | {{ : | + | {{ : |
| + | ===== Cashout process in Cashier Application ===== | ||
| + | Cash Out process in retails/ | ||
| + | Early cashout process is available after revoke slip process is unavailable. Revoke slip process can be done before odds change. When odds change then early cash out can be done. Steps for early cashout in cashier application: | ||
| + | - Select the game which has enabled early cashout. | ||
| + | - Select several events and place a bet. | ||
| + | - Paste slip id in ‘Payout-Revoke’ section and check slip. | ||
| + | - Wait until ‘Revoke Slip’ button disappears and there will be button ‘Early pay out slip’. | ||
| + | - Click on ‘Early pay out slip’ button. | ||
| + | - Enter ‘Payout Code’ from printed ticket and confirm the cashout process on new modal. | ||
| + | - Enjoy your winnings! | ||
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| + | |||
| + | //Note: Cashout operation is available until game starts in Prematch events and until winner or looser status known in Live events both in online betting and cashier’s applications. If it is set resulted legs in early payout settings, then cashout will be available until there will be as many resulted legs as it is set.// | ||
| + | //If one of the resulted events status is looser, cashout operation is not available any more.// | ||
| + | //If at leats one of the active bets are not available for betting at a given moment (market is suspended, event is cancelled) early cashout is not allowed.// | ||