✨ Betting Rules
3058 NEW ZEALAND GAZETTE No. 113
11.10 Double Betting with Concession
11.10.1 Interpretation
In Rule 11.10, unless the context otherwise requires: –
“Double” is a bet type whereby the Investor endeavours to
select the Winner in both of the Races as designated by the
Board.
“Concession Pool” means 30 per cent of the Dividend Pool.
“First Prize Pool” means 70 per cent of the Dividend Pool.
“Winner” means the Race Entrant in respect of which the
stewards or judicial committee of the club conducting the Race
have authorised the Win Dividend to be paid, provided that:
(a) if the judge, stewards or judicial committee make an error
regarding such authorisation and subsequently correct
the error in accordance with the Rules of Racing, the
Winner shall be the Race Entrant in respect of which the
judge, stewards or judicial committee, after correcting
their error, authorise the Win Dividend to be paid; and
(b) the disqualification of the Race Entrant on which the Win
Dividend has been paid shall not affect that Entrant’s
status as the Winner if the disqualification resulted from a
protest lodged after the expiration of the period allowed
by the Rules of Racing for the lodging of such protests.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 113
Gazette.govt.nz —
NZ Gazette 2003, No 113
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Rules Relating to Double Betting
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