New Zealand Gazette – 2003 – No. 113

Page 3072

✨ Fixed Odds Race Betting Rules

3072 NEW ZEALAND GAZETTE No. 113

12.4.2 Scratchings

Where two or more Race Entrants are Scratched the relevant Final Field deduction on bets placed before those Scratchings shall be calculated by applying all deductions. The Final Field deduction on bets placed after any Scratching shall be calculated by applying only the subsequent deductions.

12.5 Cancellation of Bets

Final Field and Futures Fixed Odds bets cannot be cancelled except:

(a) in circumstances where an error is detected within 60 seconds of the bet being placed; or

(b) at the discretion of the Board.

12.6 Venue/Distance Changes

(a) If the venue is changed for a Race on which Fixed Odds Race Betting is operating, all bets placed up until the time of the change will be refunded and if time permits, new Options will be opened.

(b) When the distance for a Race on which Fixed Odds betting is operating is changed, the following will apply:

(i) If the distance is altered by five percent or more of the originally scheduled distance of the Race, all bets will be declared void and refunded.

(ii) If the distance is altered by less than five percent of the originally scheduled Race distance, all bets will stand and betting will continue.

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, Scratchings, Cancellation, Venue Changes, Distance Changes

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