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The sports betting tickets introduced in 2001 consist of a fixed refund rate and a fixed dividend rate system, among which a fixed refund rate is called Toto and a fixed dividend rate system is called a ' prototype '. Usually, Totoran is a sports betting game in which the buyer receives dividends after selling voting rights to domestic and overseas sports games. Toto is comprised of a game-type game where you guess the winning, losing, or losing points for an athletic game, a mixed-style game, and a special game consisting of a combination of winning, sliding and scoring player. For the type of prototype, there are a variety of matches in which you can select a few games for which you want to score, score, winner, and other records for the selected game.
After " Sports Toto " was first published in October 2001 for soccer matches, the " Basketball Toto " was added to the national sports promotion law, and the " Basketball Toto " was implemented in April 2004. The purchase price is set at 1,000 won per ticket, and the voting fee is limited to 100,000 won per person. If the first winner is not present, it will be carried forward to the next round. Toto has a restriction on the purchase of young people, sports betting tickets issuing business operators, business managers, athletes in the sports games to be published, executives and employees of the sports organizations, and the organizers. Toto can only be issued from Sports Toto (state). Except for the Korea Sports Promotion Foundation and the fiduciary business operators, Toto can not be issued or similar acts. Violators could face up to seven years in jail or 70 million won in fines. Apart from customer rebates and operating costs, the National Sports Promotion Fund, which was formed with the exception of the funds, is used to construct sports related facilities, foster youth sports, support groups that are sponsoring games, and support other cultural and sports projects.
Sports Toto
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