TAB and TABgold have announced that all Swinger pools on UK races will be commingled with the UK Tote from today, Tuesday 1 September.
SA-based Swinger pools on UK races currently average some R2,500 but TAB and TABgold customers can look forward to much bigger pools going forward.
Commingling will enhance liquidity and make payouts more robust, enabling TAB customers to take bigger Swinger bets on UK races without significantly impacting dividends.
The UK Tote operates Swinger pools on all races in which six or more horses are carded. In the event of a field being reduced to four or five runners, there is only one Swinger payout which comprises the first two in any order.
The pool is refunded if there are less than four runners.
The R1 unit of betting for the Swinger remains unchanged and UK Tote rules for the bet are virtually identical to those in operation on SA-based Swinger pools.
- Media release by TAB -TABGOLD on Monday 31 August 2020
