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123Racing Top 25 and VIP Payout Updates

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123racing Top 25 Payouts

Currently the 123racing wager pays the Top 25 players their money back. On May 1st, we will be trialing a payout structure of 10% of the pool to 4th place onwards. The money-back will be determined by 10% of the pool divided by the entry fee for 4th place onwards.

For example: If the pool total reaches $500 on a $2 entry fee competition, then $50 will be allocated to 4th - 28th (25 x $2 = $50). 1st - 3rd will not recieve money-back due to already winning % of the pool.

Payouts for the 4th place onwards will be made to your 123racing freebet balance should you qualify for one.


VIP Weekly Changes

As a 123bet player, you currently receive generous daily rewards on certain tracks that allow rewards to be paid. The VIP player weekly rewards has been operating as a marketing and promotional tool for 123bet for the past 2 years. This was setup to reward players who bet regularly on 123bet and above certain thresholds.

The VIP weekly will only be offered to players who bet the $500 threshold on a weekly basis and will exclude show wagers and certain tracks that do not allow rewards and/or charge a higher source market fee.

The % rewards will be determined on a week to week basis for each VIP player by the Management.


Negative Pools

Any player that creates a negative pool will not receive their daily rewards and the negative charge will be deducted from any VIP weekly rewards that the player maybe eligible for. Should a player continue to create negative pools, the Management will have the right to disable the players account.


Weekly Leaderboard Challenge

Did you know there is currently $200 up for grabs on a weekly basis split between to the TOP 3 players who score the most points from their BEST ticket on each contest each day? You can view the weekly leaderboard in realtime at 123bet Weekly Leaderboard.

We appreciate your feedback and look forward to being able to continue to offer you personalized service and support at 123bet.

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Comments

  • DUNCAN, MARK
    DUNCAN, MARK Sunday, 11 June 2017

    I would like to better understand the new VIP weekly rewards policy ? Last week, my rewards that I got on Monday morning was about a 1.1 % rebate. In the past, it has typically tracked at 4.75-5%. It was very disappointing. Based on this weeks wagers, I have an idea of what it "should be". Hopefully, these new policies don't force some of us to go look elsewhere for better member perks. So far, most issues I have had here were taken care of quickly. Thanks.

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Guest Monday, 17 December 2018
 
 
 
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