New Zealand Gazette – 2003 – No. 113

Page 3069

✨ Fixed Odds Race Betting Rules

25 AUGUST NEW ZEALAND GAZETTE 3069

"Maximum Deduction Odds" means the maximum Win Odds for a Scratched Race Entrant which would result in a deduction on Final Field bets on all other Race Entrants. See Appendix 4

"Minimum Odds" means the minimum Odds value as determined by the Board. See Appendix 1.

12.2 Acceptance of Fixed Odds Race Bets

(a) The acceptance by the Board of a bet in respect of any result at particular Odds shall not require the Board to accept any other bet upon the same result at similar Odds.

(b) The Board reserves the right to suspend betting on any Final Field or Futures Fixed Odds Race Betting Option or Selection at any time without notice.

(d) It is the responsibility of the Investor to ensure details of their bets are correct.

(e) If, for any reason, a bet is accepted by the Board and at the time the bet was placed, the event was resolved or at a stage where the Investor could have had an indication of the outcome, those bets may be declared void and refunded regardless of whether or not the Investor had knowledge of the result.

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 Fixed Odds Race Betting (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Fixed Odds, Race Betting, Definitions, Rules, Acceptance of Bets

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