# Bet License

The difference between a regular racecourse and a fully licensed racecourse is the reward amount received from betting.&#x20;

Regular racecourses will only receive compensation from the competitor's entry fee.&#x20;

However, those stadiums that have a betting license, can also earn a share of the commission from their bets, on top of the entry fees. That's why you need a license.

## Commission payout on bets.

90% of the fees from betting will return to the winner, and the system will collect all fees.&#x20;

Then the rewards will be divided into 4 parts.

1. The fees will return to the owner of the racecourse at 0.5%&#x20;
2. The fees will deliver 0.2% to the system.
3. The fees will be paid to the race winner at a rate of 0.1%.
4. **The World Grand Prix Pool** will be charged a 0.1% fee.


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