> For the complete documentation index, see [llms.txt](https://docs.speedstar.io/en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.speedstar.io/en/gameplay/lands/racecourse/bet-license.md).

# Bet License

The license for betting.

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

Regular racecourses will only receive compensation from the competitor's entry fee. 

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. 

Then the rewards will be divided into 4 parts.

1. The fees will return to the owner of the racecourse at 0.5% 
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.