Winning

Liability owed by an Operator to a Retail Customer following computation of the Winning Class for a Bet and the application of the quota function using the Winning Scheme for the Participation Pool containing the bet.

Normally a winning is expressed in terms of money. In some circumstances things or services may be owed instead.

A Retailer claims the winning on behalf of its Retail Customer. Various processes may need to be carried out before the winning is released and paid out.