rainyday1355 Posted November 18, 2018 Share Posted November 18, 2018 I just won a bet the odds were 1.19 and i bet 50 50x1.19 = 59.5 and i only received 56.53 why? Link to comment Share on other sites More sharing options...
RayL Posted November 19, 2018 Share Posted November 19, 2018 Hi @rainyday1355, welcome to the Community. I've sent your bet to our provider and we are pending feedback on it. It indeed looks strange, I'll be sure to update you as soon as I receive word from them. /Ray Former Community Moderator Link to comment Share on other sites More sharing options...
RayL Posted November 23, 2018 Share Posted November 23, 2018 Quick update @rainyday1355, I haven't forgotten about this. What I know until now is that the difference in payout is exactly 5% and it's a tax imposed by the German regulation. I am pending a broader explanation at the moment. Apologies for the delays. /Ray Former Community Moderator Link to comment Share on other sites More sharing options...
rainyday1355 Posted November 25, 2018 Author Share Posted November 25, 2018 I have done bets before and they never took any tax from me..But recently I am not receiving the exact amount and its frustrating me! For example today i had a 20 euros bet on Trefl Gdansk to win and the odds where 1.60. I won the bet and instead of receiving 32 euros i received 30.40 euros!Thanks for your help and im waiting for an answer! Link to comment Share on other sites More sharing options...
RayL Posted November 27, 2018 Share Posted November 27, 2018 I just received additional information @rainyday1355: "9.6 All stakes on sports betting placed by customer domiciled or ordinarily resident in the Federal Republic of Germany are subject to a 5% tax. This tax is borne by Unibet. Unibet does not deduct this tax from the stake. Due to the additional tax burden Unibet has implemented an odds adjustment of 5 %. In case customers win, odds and therefore winnings of customers domiciled or ordinarily resident in the Federal Republic of Germany will be reduced by 5%. Unibet will not apply such odds adjustment if the value of the bet is equal to or lower than the stake, except in case of a shared position or when Tattersall’s Rule 4, is applied in which cases Unibet will make such odds adjustment. Unibet will not accept a bet where the total odds is equal to or lower than 1.06."The adjustment (deduction for tax) is made to the odds, as per the T and C above "Due to the additional tax burden Unibet has implemented an odds adjustment of 5 %". Given that the decimal odds include the 1.00 for the stake, this applies the deduction to the full returns.A deduction would not occur if odds were 1.00 or lower for example 5 Euros on a draw no bet market that ends in a draw. The returns would be 5 Euros (equal to the stake) so no deduction would apply. Another example may be an Asian handicap bet where only half of the bet wins and half loses, making returns smaller than stake./Ray Former Community Moderator Link to comment Share on other sites More sharing options...
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