Sports Toto is implementing a change to the target game for the release deadline 'Hosting time'
Sep 12, 2024
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▶Voting tickets that had to be purchased 10 minutes before the start of the game...You can buy it by the time of the grand game
In consultation with the Ministry of Culture, Sports and Tourism, the Korea Sports Promotion Foundation, the operator of the sports promotion voting tickets, changed the release deadline for the sports promotion voting tickets to be issued from the existing 'Closing 10 minutes before the start of the game' to 'Closing Time for Hosting the Grand Games' closing time' and the closing time for the target games to be held outside the regular release time (8 a.m. to 10 p.m.) from the existing '21:50' closing time to '22:00'. As a result, sellers selling voting tickets and buyers looking to purchase Sports Toto will be given an additional 10 minutes of time.
In addition, some products have changed as the deadline for the release of Sports Toto has changed. In particular, Golf Toto special products had to be issued only for the first round due to the existing 'Closing 10 Minutes Before the Start of the Game', but from now on, it is expected that interest in Golf Toto will be higher because it will be issued for the fourth round (excluding the extended game) that determines the final match of the entire game. Based on the revised enforcement ordinance, Sports Toto Korea has been reorganizing the system for about a month and is implementing products issued on September 2 after stabilizing and testing.
▶Change of closing time, it is expected to be an opportunity for Sports Toto sellers to contribute to increased sales and increase the hit rate for users...The competitiveness of sports promotion voting tickets will also improve
As the deadline for the release of the sports promotion voting ticket allows about 10 minutes more of the voting ticket products to be sold, some sales growth effects for Sports Toto sellers and buyers will be given an opportunity to increase the hit rate through more detailed analysis until just before the game.
When purchasing a voting ticket, the sudden absence of the participant, the condition of the stadium, and unpredictable weather are important variables in determining the match, which should be carefully examined until just before the game. The 10-minute extension of the closing time has the effect of providing buyers with additional time needed for analysis, which is expected to contribute to improving the accuracy rate of buyers.
In addition, the implementation of the closing time change is expected to help strengthen the competitiveness of voting rights products. Currently, most overseas betting companies and illegal sports gambling sites are operating live betting and closing time of release until the start of the game, causing some users to leave the illegal market. Therefore, the implementation of this change is expected to play a major role in enhancing the competitiveness of the voting rights business products.
An official from Sports Toto Korea said "Since the application of the change in the release closing time on September 2, the system has been operating normally without any problems. The public corporation and the entrusted business entity will continue to make various efforts to develop the voting rights business." Details related to the main contents of the revised enforcement ordinance and the implementation of the change in the deadline for the release of voting rights can be found on the Sports Toto website and the official Internet release site Betman.
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nogoon@sportschosun.com
