✨ Rules Relating to Totalisator Race Investments




25 AUGUST NEW ZEALAND GAZETTE 3021

11.1.7 Termination

Subject to Rule 11.1.11 relating to Abandonment, the following will apply:

(a) The Board may terminate any First Prize Pool. If the First Prize Pool is terminated, the First Prize Pool shall be distributed on the next day on which Pick6 betting is to be conducted, as follows:

(i) The Pick6 First Prize Pool shall be distributed equally amongst those units of betting that have selected the Winner in each of the six Races.

(ii)    If there are no units of betting that have selected the Winner in each of the six Races of the Pick6, the First Prize Pool shall be distributed equally amongst those units of betting that have selected the Winners in the greatest number of such Races.

(b) Where the First Prize Pool is terminated, if there are no units of betting that have selected the Winner in any one of the Races of the Pick6, the First Prize Pool shall be distributed equally amongst those units of betting that have been placed on the Pick6.

11.1.8 Dead Heats

In the event of a dead heat for a Win in any of the Races of a Pick6, all such dead-heating Race Entrants shall be deemed to be the Winner for the purpose of calculating the Dividend in accordance with Rules 11.1.4, 11.1.5, 11.1.6 and 11.1.7.

11.1.9 Scratchings

Where a Race Entrant is Scratched from any of the six Races of a Pick6, the Board will substitute an alternative selection for that Entrant after the closing time for receipt of Pick6 bets.



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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

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

🏭 Trade, Customs & Industry
Betting, Totalisator, Poker Bets, All Up Betting, Race Abandonments, Dividends, Refunds, Percentage Betting, Minimum Investment, Investment Formula, Percentage Priority Order, Pick6 Betting, First Prize Pool, Prize Reserve Pool, Winner, Race Entrant, Stewards, Judicial Committee, Win Dividend, Disqualification, Protest, Termination, Dead Heats, Scratchings