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New Zealand Gazette – 2003 – No. 113

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✨ Rules for Totalisator Race Investments

25 AUGUST NEW ZEALAND GAZETTE 3043

11.5.4 Dividend Pool

(a)
The Dividend Pool shall be distributed equally amongst
those units of betting that have selected the Winner.

(b)
If there are no units of betting on the Winner, the count
back priority for Win betting is:

(i) the Race Entrant placed second;

(iii) then the Race Entrant placed third;

(iii) then if there are no units of betting that have
selected the Winner, the Dividend Pool, less any
authorised deductions shall be distributed equally
amongst all units of betting.

11.5.5 Dead Heats

In the event of a dead heat the Dividend Pool shall be divided
into as many equal parts as there are Race Entrants involved in
the dead heat provided there is at least one actual bet on any
such Race Entrant. Each part is then distributed equally
amongst those units of betting that have selected the Race
Entrant involved in the dead heat.

11.5.6 Scratchings

Where a Race Entrant is Scratched from a Race, the Board will
refund all units of Win betting placed on the Scratched Race
Entrant.

11.5.7 Abandonments or Postponements

(a)
Where a Race is abandoned all units of Win betting on
that Race will be refunded.

(b)
Where a Race is postponed to a later time and date, all
units of Win betting on that Race will remain valid.

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, Win Betting, Race Investments, Winner, Race Entrant, Win Dividend, Protests, Disqualification, Dividend Pool, Dead Heats, Scratchings, Abandonments, Postponements

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