New Zealand Gazette – 2003 – No. 113

Page 3089

✨ Fixed Odds Sports Betting Rules

25 AUGUST NEW ZEALAND GAZETTE 3089

14.6 Returns

(a) Returns will be paid to bets that have selected a Winning
Selection
in an Authorised Event, or combination of Authorised Events.

(b) Subject to 14.10 (c), bets which have not selected a Winning
Selection shall be retained by the Board.

(c) Upon the declaration of the result by the Board, payment of
Returns for successful bets shall be made in accordance with
these Rules.

(d) Payment of Returns will be made in accordance with the Official
Result.

(e) The Board shall at all times retain the right to postpone the
payment of Returns in respect of any Authorised Event, as it
sees fit.

(f) All ticket Returns will be rounded down to the nearest five cents
where applicable.

14.7 Variance of Returns

(a) The Board may set and vary Odds for any Authorised Event or
combination of Authorised Events on which Fixed Odds Sports
Betting will be conducted.

(b) Subject to Rule 14.12: Dead Heat Rule the Return for a Fixed
Odds Sports Bet will be determined at the time the bet is placed.

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

🏭 Conditions Applicable to Fixed Odds Sports Betting (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFixed Odds Sports Betting, Returns, Payment, Odds Variation

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