New Zealand Gazette – 2003 – No. 113

Page 3014

✨ Betting Rules

3014 NEW ZEALAND GAZETTE No. 113

10.7 All Up Betting, Including Poker Bets

10.7.1 Interpretation

“All Up Bet” means a bet placed on a selection or combination of selections in an event on the basis that any Dividend or Return from that bet is to be invested on a selection or combination of selections in at least one subsequent Race.

10.7.2 Acceptance of All Up bets

(a) The Board may accept All Up bets.

(b) At the time of placing an All Up bet, the Investor shall nominate a number of Races in respect of which any Dividend or Refund shall be paid.

10.7.3 Scratchings or Race Abandonments

Any Refund, resulting from either a Scratching or the abandonment of a Race from an All Up bet, shall be re-invested in the same manner as a Dividend.

10.7.4 Poker Bets

A “Poker Bet” allows a number of separate All Up bets to be sold as a single transaction. With respect to Rule 10.7.5, each component All Up bet within any Poker bet will function as if they were sold separately.

(a) Poker3 – Poker Bets involving exactly three Races. Four separate All Up bets, spanning three Races, are sold as a single transaction in a Poker3 bet.

These separate bets are: three All Up bets across each unique pair of Races, and one All Up bet across all three Races.

VUW Te Waharoa — NZ Gazette 2003, No 113

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

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✨ LLM interpretation of page content

🏭 Rules Relating to Totalisator Race Investments (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Totalisator, All Up Betting, Poker Bets, Scratchings, Race Abandonments, Dividends, Refunds

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