✨ Betting Rules
25 AUGUST NEW ZEALAND GAZETTE 3073
12.7 Provision of Details for Futures Race Betting
(a) Subject to 12.7 (b), Futures Fixed Odds Race Betting is “All-In”.
(b) The Board will use reasonable endeavours to acquaint itself with
details of any Scratchings in respect of a particular Race. In any
case where the Board was aware or ought to have been aware
of a Scratching and continues to accept bets in respect of a
result directly relating to that Race Entrant, the Board may in its
discretion refund the amount of such bet upon which it shall
have no further liability.
12.8 Postponements
The Board may allow a period of up to and including three days for a
postponed Race to be conducted, before deeming the event to be
abandoned.
12.9 Abandonments
Final Field and Futures Fixed Odds Race Bets will be refunded in full if
the Race in question is abandoned.
12.10 Dead Heats
(a) Subject to Rule 12.10 (b), in the event of a dead heat between
any of the Entrants in a Race on which Final Field and/or
Futures Fixed Odds Race Bets have been placed, the amount to
be paid to successful bets in respect of such Entrants shall be
the Return divided by the number of Race Entrants included in
such a dead heat.
Example: In Futures Place Betting where two Race Entrants
dead heat for third Investors will receive half of their Return. If
two Race Entrants dead heat for first or second, Futures Place
Betting will pay full Dividends on the first three Race Entrants
across the line.
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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 Fixed Odds Race Betting
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🏭 Trade, Customs & IndustryBetting, Fixed Odds, Race Betting, Scratchings, Cancellation, Venue Changes, Distance Changes, Futures Betting, Postponements, Abandonments, Dead Heats