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Metro FastBet Mechanics
Metro FastBet Mechanics
Metro FastBet Mechanics
Introduction
Metro
Manila
Turf
Clubs
FastBet
Mobile
or
Metro
FastBet
is
the
most
flexible
smart
phone
wagering
application
in
the
Philippine
horse-racing
industry.
Patrons
or
bettors
can
access
the
Metro
FastBet
website
(https://fbm.mmtci.com)
directly
from
their
internet- connected
smartphones
or
desktop
computers,
access
their
accounts
and
start
wagering
immediately
in
the
internet-wagering
platform.
Metro
FastBet
makes
it
easier
for
MetroTurf
to
capture
additional
handle
and
provides
a
quicker,
more
comfortable
alternative
to
conventional
in-track,
off-track
or
TeleBet
wagering.
FREE
QUICK
EASY
CONVENIENT
Metro
FastBet
gives
patrons
the
ability
to
bet
on
MetroTurf
races
using
their
smartphones,
tablets,
computers
or
any
internet-connected
device
from
anywhere
and
within
their
own
comfort
and
convenience,
avoiding
long
queues
at
teller
windows
whether
in
the
racetrack
or
off-track
betting
stations.
Whether
patrons
are
watching
from
along
the
rails,
grandstand
or
relaxing
at
the
clubhouse
at
the
racetrack,
eating
with
family
or
friends
at
restaurants,
having
a
picnic
in
the
park,
hanging
out
with
family
or
friends,
or
even
at
work,
Metro
FastBet
is
available
in
the
palm
of
their
hands.
Metro
FastBet
works
on
iPhones,
Androids,
BlackBerrys,
iPads,
tablets
or
computers
as
long
as
they
have
internet
connections.
Patrons
never
have
to
wait
in
line
again
they
can
wager
on
MetroTurfs
races
whatever
they
want,
wherever
they
want,
whenever
they
want.
Registration
Process
Patrons
who
wish
to
register
an
account
at
Metro
FastBet
may
do
so
by
accessing
the
Metro
FastBet
website
at
https://www.fbm.mmtci.com.
Assisted
registrations
may
also
be
extended
to
patrons
by
Metro
FastBet
account
representatives.
After
successful
registration,
the
patron
is
provided
an
eight-digit
account
number.
He
or
she
will
use
this
account
number
every
time
he
or
she
login
to
the
Metro
FastBet
website
either
to
place
wagers
or
do
some
other
transactions
provided.
Enumerated
below
are
the
steps
to
take
for
the
normal,
web-based
registration;
1. 2. Fire
up
your
browser
either
from
an
internet-connected
smartphones
or
devices;
iPhones,
Androids,
BlackBerrys,
iPads,
tablets
or
computers.
In
the
browsers
uniform
resource
locator
(URL)
or
address
line,
type
https://fbm.mmtci.com
then
press
Enter
or
the
OK
button.
You
can
also
access
the
website
by
scanning
the
Metro
FastBet
QR-code
with
your
device
wherein
you
will
be
taken
directly
to
the
site
by
your
devices
default
browser.
You
will
be
presented
with
a
login
page.
Press
the
Create
A
Free
Account
button.
Fill
up
accurately
and
completely
all
the
necessary
fields,
those
marked
with
red
asterisks
are
required.
Make
sure
the
email
address
you
enter
is
correct
and
active.
In
entering
a
phone
number
type
up
to
ten
digits
without
spaces,
you
may
omit
the
preceding
zero.
The
State
field
is
two-digits
only
so
you
may
skip
it.
The
Zip
field
requires
five
digits,
just
place
a
preceding
zero
for
four-digit
zip
codes,
or
you
may
skip
it.
After
filling
everything
up
correctly,
check
the
"I
am
at
least
18
years
old
and
I
agree
to
the
terms
of
service"
checkbox,
and
then
click
the
Next
button.
You
will
be
taken
to
the
Confirm
Registration
page
where
you
have
to
enter
the
verification
code
that
is
emailed
by
the
system.
So
make
sure
you
entered
correctly
your
email
address
and
that
it
is
active.
Access
your
email
inbox
and
look
for
the
email
titled
Metro
FastBet
Mobile
Registration.
This
email
contains
your
verification
code
to
continue
with
your
registration.
Take
note
or
copy
the
verification
code.
You
may
also
click
on
the
link
provided
in
the
email
to
be
taken
directly
back
to
the
Confirm
Registration
screen.
Back
in
your
browser
Confirm
Registration
page,
input
and/or
verify
the
verification
code.
Then
press
the
Confirm
button.
You
will
be
taken
to
another
page
stating
if
your
verification
code
is
confirmed
or
not.
If
confirmed,
you
will
be
asked
to
input
your
chosen
four-digit
numeric
PIN.
Enter
it
twice.
Also
in
that
page
you
will
be
asked
for
a
Security
Phrase,
a
sort
of
password
just
in
case
you
forget
your
PIN.
Then
press
the
Finish
button.
3. 4.
5. 6.
7.
8. 9.
Page 3 of 14
10.
You will be logged in & taken to an Account Information screen showing your account number & personal info that you have supplied. Another email welcoming you to Metro FastBet will also be sent to you.
Be sure to remember your email address or account number and your PIN as these will be used for you to login. Never provide any of your Metro FastBet information to anybody whom you cannot trust, specially your account number, email address, PIN and security phrase, not even to MetroTurf Tellers or any of its employees. Only do so when you want to authorize someone to transact in your account on your behalf. It is also advisable never to use a device or SmartPhone which is not fully owned by you, nor to use publicly accessible computers.
Copyright
2013
Metro
Manila
Turf
Club,
Inc.
Page
4
of
14
Wagering
/
Betting
Metro
FastBet
is
available
to
accept
player
bets
every
raceday
at
MetroTurf.
The
actual
time
availability
is
as
soon
as
the
race
program
for
the
days
race
event
is
inputted
into
the
Totalisator
system.
The
earliest
time
that
this
happens
is
on
the
evening
before
the
raceday,
when
the
declared
horses
shall
have
been
raffled
or
the
line
up
for
each
race
has
been
finalized
by
the
MetroTurf
Handicapping
group.
To
place
a
wager,
the
patron
will
login
to
his
Metro
FastBet
account
and
access
the
Wagering
Menu
to
place
a
wager.
From
there
the
patron
is
taken
through
different
screens
to
place
his
or
her
bet;
pool
type,
amount
to
bet,
whether
its
a
straight,
box
or
wheel
bet,
and
runner
selections.
The
total
amount
of
the
wager
is
displayed
and
it
will
be
deducted
from
the
account
balance
when
the
bet
is
placed
and
accepted.
Page 5 of 14
2. AMOUNT CAPPING This restricts the maximum amount of bet where a ticket can be cancelled. For example if P5,000 is set, a ticket costing P5,001 cannot be cancelled. 3. LAST NUMBER OF TICKETS This restricts cancellation to only the last number of tickets wagered. For example if two (2) is set, only the last two (2) tickets wagered can be cancelled.
P3.00 P3.00 QRT P4.00 PEN P5.00 SIX P10.00 P20.00 PK4 P25.00 PK5 P50.00 P100.00 PK6 P200.00 WTA
ODDS
Display
The
only
noticeable
difference
of
Metro
FastBet
from
the
standard
/
traditional
betting
is
in
the
area
of
how
the
odds
are
displayed.
In
Metro
FastBet,
the
horses
odds
are
displayed
based
on
the
total
amount
of
money
in
the
win
pool
only,
whereas
the
odds
displayed
in
the
racetrack
and
off-track
monitors
display
odds
for
each
pool.
Below
is
a
more
in-depth
explanation
of
the
odds
displayed
in
Metro
FastBet.
Page 6 of 14
Pari-Mutuel wagering is a system where the betting public determines the odds / payoffs by the amount wagered on each winning combination in each wagering pool. The racetrack acts as a broker. A set percentage of the total wagers is withheld (commission) and taxes as set forth in the clubs legislative franchise. The remaining monies are distributed to the winning wagers. As wagers are placed, the Totalisator system or Tote cumulates all wagering data and calculates the winning payoff for each horse to win. In the case of the odds for Metro FastBet, the Tote takes into consideration the total amount of money in the win pool throughout the wagering network, the amount bet on each horse, and the amount of commission and taxes retained. The odds displays are updated with current data approximately every 45 seconds throughout the Tote system. When displaying odds, the payoff is rounded down to the nearest displayable permutation. Usually these are displayed as X-1, but at lower odds, X-5, or X-2 is displayed where applicable. Odds of 7-2 (or 3 1/2 -1) for example mean for every P2.00 bet, you would win at least P7.00. Add that P7.00 to your P2.00 bet and your winning payoff would be between P9.00 and P9.80. A payoff of P10.00 would display odds of 4-1. When the starter opens the starting gate to begin the race, a signal is sent via the tote system to all wagering outlets/terminals that the race is off. This closes and stops wagering on all pools in the race. All wagering outlets/terminals then transmit their final wagering monies to the Tote system. Once all wagering monies are received, the Tote does a final calculation and sends final odds to the displays. This usually takes about 30 to 45 seconds from the start of the race. There are safeguards in place to insure that all wagering outlets/terminals close their pools immediately upon receiving the message. When the stewards make the race official, the Tote then sends the actual payoffs to the odds displays for all pools.
Page 7 of 14
History here the patron can see his wagers and winnings if available for each race in the current race day. Winning wagers are highlighted with a special color for easy recognition. He can filter the display to either wagers, transactions, payoffs and pending information. This is useful when the patron has a lot of information to display for the particular raceday due to his number of activities, segregating the displayed information will make it more easy to understand considering the screen size of the mobile device that the patron maybe using. A daily summary of the patrons wagering activities is also available. Here the patron can cancel a wager if the race is still open. Account here the patron can view and/or change or modify his or her account information; name, email address, date of birth, contact number, address, etc. He or she can also change his or her PIN and security phrase. The account number is fixed, permanent and cannot be changed. Info here system information is displayed including the patrons device platform, browser name and version. This is specially useful when asking for support. The rest of the available functions as can be seen on the Home menu are help, contacts and logging out.
Copyright
2013
Metro
Manila
Turf
Club,
Inc.
Page
8
of
14
Page 9 of 14
2.
3.
4.
Page 10 of 14
B. FASTBET ACCOUNT 1. In opening a FastBet account, you must register through this Website or through any authorized FastBet Account representative of MetroTurf, and provide the following personal information; email address, date of birth, telephone number and any other information that may be required. Your email address and/or telephone number is most important since these are where communications regarding your FastBet account will be channeled. All applicants must be over 18 years of age to place a bet/wager or register with MetroTurf FastBet Mobile. MetroTurf reserves the right to ask for proof of age from any customer and suspend their account until satisfactory documentation is provided. MetroTurf takes its responsibilities in respect of under age and responsible gambling very seriously. All information supplied when registering with the site must be accurate and complete in all respects. Where an account is suspended, the relevant customer should contact us. All bets/wagers that are placed prior to an account being suspended will stand - win or lose. By accepting this Privacy Policy and Terms of Service and/or registering to use the Website you hereby agree that we shall be entitled to conduct any and all such identification and other verification checks from time to time that we may require and/or are required by applicable laws and regulations and/or by the relevant regulatory authorities for use of the Website. You agree to provide all such information as we require in connection with such verification checks. We shall be entitled to suspend or restrict your account in any manner that we may deem in our absolute discretion to be appropriate, until such time as the relevant checks are completed to our satisfaction. Customers may open only one account. Should we identify any customer with more than one account we reserve the right to treat any such accounts as one joint account, or to suspend those accounts until further resolution. Your email address will be your username for your account, use it or the autoprovided account number and chosen 4-digit PIN to login to the Website. You are also asked to enter a password during completion of your registration, remember this password for any important transactions aside from logging in to the Website. Customers must keep all their information secret and confidential, as you are responsible for all bets/wagers placed on your account and any other activities taking place on your account. Bets will stand if your username or account number and PIN have been entered correctly (whether or not authorized by you), subject to there being sufficient funds in the account. If, at any time, you feel a third party is using your user name, account number and/or password, you should change it immediately via the Website or ask assistance from our customer account representatives. Should you forget part or all of your combination, please contact us.
Page
11
of
14
2.
3.
4.
5.
6.
MetroTurf reserves the right to close or suspend your account at any time and for any reason. Without limiting the preceding sentence, MetroTurf shall be entitled to close or suspend your account if: (a) MetroTurf considers that you have used the Website in a fraudulent manner or for illegal and/or unlawful or improper purposes; (b) MetroTurf considers that you have used the Website in an unfair manner or have deliberately cheated or taken unfair advantage of MetroTurf or any of its customers. If MetroTurf closes or suspends your account for any of the reasons referred to in (a) and (b) above, you shall be liable for any and all claims, losses, liabilities, damages, costs and expenses incurred or suffered by MetroTurf arising therefrom and shall indemnify and hold MetroTurf harmless on demand for such Claims. In the circumstances referred to in (a) and (b) above, MetroTurf shall also be entitled to withhold and/or retain any and all amounts which would otherwise have been paid or payable to you (including any winnings or bonus payments).
C. DEPOSITS AND WITHDRAWALS 1. You may only bet/wager with the amount of cleared funds held in your account. Accordingly, if you want to place bets, you must fund your account through payment centers and facilities designated by MetroTurf appropriate enough to the amount you would want to spend on betting. You should only deposit money in your account for the purposes of you using such money to place bets/wagers on the Website. We shall be entitled to suspend or close your account if we reasonably consider or have reason to believe that you are depositing money without any intention to place bets/wagers. Any funds deposited with us in your account shall not bear any interest. MetroTurf reserves the right to void any bet/wager which may have inadvertently been accepted when the account did not have sufficient funds to cover the bet/wager. Should funds be credited to a customer's account in error it is the customer's responsibility to inform MetroTurf without delay. MetroTurf will recover such funds by account adjustment. Withdrawal payments can only be made in the name of and to the registered account holder. Withdrawals can be processed subject to there being sufficient funds in your betting account. We may, at any time, set off any positive balance on your account against any amounts owed by you to MetroTurf. MetroTurf does not enforce a minimum balance amount for you to keep your account active. However, MetroTurf reserves the right to close and/or purge stale or stagnant accounts.
2.
3.
4.
Page 12 of 14
5.
Internet gambling may be illegal in the jurisdiction in which you are located. If so, you are not authorized to use your payment card to complete the transaction. However, any bets/wagers accepted from such jurisdictions will stand - win or lose.
D. BETTING/WAGERING 1. Bets/wagers will not be confirmed if there are insufficient funds in your account. All approved bets/wagers will be withdrawn from your account balance immediately upon acceptance of bet/wager. Winning bets/wagers will be credited to your FastBet account upon posting of official results. MetroTurf reserves the right to decline all, or part, of any bet/wager requested at its sole and absolute discretion. All bets/wagers are placed at your own risk and discretion. Should a dispute arise, you and MetroTurf agree that the FastBet transaction log database will be the ultimate authority in such matters.
2.
E. WEBSITE USE AND YOUR PRIVACY 1. MetroTurf employs strict privacy and protection methods in order to ensure the highest level of wagering security and integrity. Information accessed by you on the Website is for your personal use only. The account holder is responsible for maintaining the secrecy of the account number and secure personal identification number. Except where MetroTurf employees act without good faith or fail to exercise ordinary care, MetroTurf is not responsible for any loss arising from the use by any other person or persons of an account holder's account. The account holder must immediately notify MetroTurf of a breach of the account's security. 2. Your computer equipment or mobile device and internet connection may affect the performance and/or operation of the Website. MetroTurf does not guarantee that the Website will operate without faults or errors or that the FastBet services will be provided without interruption. MetroTurf does not accept any liability for any failures or issues that arise due to your equipment, internet connection or telecommunication service provider (including, for example, if you are unable to place bets or wagers or to view or receive certain information in relation to particular events). MetroTurf actively monitors traffic to and from the Website. MetroTurf reserves the right to restrict access to all or certain parts of the Website in respect of certain jurisdictions. From time to time, all or part of the Website may be unavailable for use by you because of our maintenance of the Website and/or alteration or amendment of any of the Website features.
3.
Page 13 of 14
F. LEGAL NOTICES 1. The contents of the Website are protected by copyright laws and other intellectual property rights. All company names and logos mentioned on the Website are the trademarks, service marks or trading names of MetroTurf, its principals and/or affiliates. No part of the Website may be reproduced or stored, modified, copied, republished, uploaded, posted, transmitted or distributed, by any means or in any manner, or included in any other website or in any public or private electronic retrieval system or service including text, graphics, video, messages, code and/or software without our express prior written consent. Any commercial use or exploitation of the Website or its content is strictly prohibited.
2.
G. INDEMNIFICATION 1. You agree to defend, indemnify and hold harmless MetroTurf, their parent and affiliates, their principals, suppliers and contractors and each of their respective officers, directors, employees and agents, from and against all claims, losses, damages, liabilities and costs (including but not limited to attorneys' fees and court costs), arising from or relating to your breach of these terms and conditions. This indemnification shall survive the termination of your FastBet account.
2.
Page 14 of 14