Totowiki is formed by a fixed refund rate method and a fixed dividend rate method. The method of fixed refund rate is called ‘Toto’, and the method of fixed dividend rate is called ‘ Proto ‘. In general, Sports Toto is a betting game that sells voting rights based on domestic/overseas sports events and pays dividends to buyers who match the outcome of the game.

Types of Sports Toto

Types of Sports Toto include match-type games that predict win|win/loss of sports games, score-type games that predict points scored/lost, mixed-type games that mix the two, and scorers | rank | It is formed by special types of games, such as championships.
In addition, in the type of ‘prototype’, a match-type game in which the bettor selects only the games he is confident in and predicts the win | There are record-type games where you have to predict and match match records.

History of Sports Toto

In Korea’s Sports Toto, ‘ Soccer Toto ‘ was first released for soccer in October 2001, and then ‘Basketball Toto ‘ was added. After that, in April 2004, according to the revision of the ‘Enforcement Decree of the National Sports Promotion Act’, it was possible to issue Toto for 6 sports events other than soccer and basketball, including volleyball|ssireum|baseball|golf, and toto issuance for overseas sports events. .

Sports Toto issue/purchase price

Sports Toto issuance is possible only at Sports Toto stores. The purchase price of Toto is 1,000 won per piece, and the purchase amount of Toto is limited to less than 100,000 won per person. If there is no first prize winner, it will be carried over to the next round.

Sports Toto National Sports Promotion Act

According to the Sports Toto National Sports Promotion Act, there are restrictions on purchasing for coaches, players, coaches, referees, executives and employees of game organizations/organizations, and their families. If the above-mentioned coaches, players, coaches, referees, executives and employees of sports organizations/organizations, and their families purchase and participate in Toto, there is room for abuse in match-fixing, so purchases are restricted. If you violate these laws, you will be punished by imprisonment for up to 7 years or a fine of 70 million won.