Half Face Value of the Ticket
What is the half face value of the ticket?
How to calculate the size of half the value of the ticket?
What does it mean in betting shops? Half face value of the ticket?
Half face value of the ticket is the amount of payment in a situation where the unequivocal winner was not determined (there were 2 winners), and previously the bookmaker did not offer a bet on a draw (that is, in normal circumstances, there is usually only 1 winner).
- Go to a bookmaker and place your bets right now.
If the winner were only one, then the payout would be complete, i.e. face value of a winning ticket, but if there are several winners, the face value is divided by the number of winners (usually only 2) and the payout at a bet is 1/2 (half).