New Zealand Gazette – 2003 – No. 113

Page 2986

✨ Betting Rules Definitions



2986 NEW ZEALAND GAZETTE No. 113

(u) “Returns” means a sum of money that is paid out on a Fixed
Odds Winning Selection and is the product of Odds times
Investment.

(v) “Rules” means these Rules for the Administration and Conduct
of Betting, the Totalisator and the conduct and operation of
Sports Betting.

(w) “Rules of Racing” means the New Zealand Rules of Racing,
the New Zealand Rules of Harness Racing, and the Greyhound
Racing Rules.

(x) “Starter” means a Race Entrant remaining in a Race at 9am on
the day of the Race Meeting or, where the Race Meeting is
scheduled to start before 10am, one hour prior to the advertised
starting time of the first Race of that Race Meeting. In the case
of Races outside New Zealand, Starters shall be similarly
determined, but two hours before the scheduled start time of the
first Race of the Race Meeting, where the Race Meeting is
determined by the Board.

(y) “TAB” means the trading brand of the New Zealand Racing
Board

(z) “Termination” means the distribution of a particular pool even
though no ticket has correctly chosen the winning Entrant or
winning option.

(aa) “Textbet” is the means of betting by mobile phone text
messaging.

(bb) “Ticket Value” means the amount of money paid for a ticket
and may consist of one or more bets placed.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 113


Gazette.govt.nz — PDF NZ Gazette 2003, No 113




✨ LLM interpretation of page content

🏭 Betting Rules under the Racing Act 2003 (continued from previous page)

🏭 Trade, Customs & Industry
Racing Board, Betting Rules, Racing Act 2003, Race Betting, Totalisator, Fixed Odds Race Betting, Fixed Odds Sports Betting