New Zealand Gazette – 2003 – No. 113

Page 3090

✨ Fixed Odds Sports Betting Rules

3090 NEW ZEALAND GAZETTE No. 113

14.8 Time for Placement of Fixed Odds Sports Bets

(a) Subject to Rules 4.7 and 14.12: Dead Heat Rule, in the case of Fixed-Odd Sports Bets placed on results of a combination of Authorised Events, bets will be accepted up until the start of the first Authorised Event in the combination of Authorised Events, or at an advertised time.

(b) Subject to Rules 14.8 (c) and (d), 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.

(c) In some instances betting will continue during the course of an event. In such instances Options shall be labelled "Live Betting".

(d) The Board reserves the right to offer adjusted Odds during breaks in play at its discretion.

14.9 Cancellation of Bets

Fixed Odds Sports 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.

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, Betting Rules, Dead Heat Rule, Bet Cancellation

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