✨ Fixed Odds Sports Betting Rules
25 AUGUST NEW ZEALAND GAZETTE 3093
14.11 Postponement, Cancellation or Abandonment of Authorised Events
(a) At its absolute discretion, the Board may allow a period of up to and including three days for an Authorised Event to be conducted before deeming the event to be abandoned.
(b) If an Authorised Event is abandoned or cancelled prior to its commencement, or subsequently abandoned, the Board shall refund all bets on that event that have not declared a result.
(c) In the event of one or more matches in a single bet option involving two or more matches being abandoned, more than fifty percent of the matches involved in that option must be completed for bets to stand. Bets that have the remaining winning combinations of matches will be paid according to the Dead Heat Rule. If more than fifty percent of matches are not completed, all bets are declared void and bets refunded. This provision does not apply to Multi bets, see Rule 16: Conditions Applicable to Multi Betting.
14.12 Dead Heats
(a) If Odds for a dead heat, tie or draw are not offered by the Board for an event where a dead heat does occur, the Return is calculated by dividing the number of competitors or players involved in the dead heat into the Return for each winning ticket.
Eg if Wellington and Auckland draw 21-21 in a rugby match, Head to Head Investors will receive half of their Return.
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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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Conditions Applicable to Fixed Odds Sports Betting
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🏭 Trade, Customs & IndustryFixed Odds Sports Betting, Betting Rules, Withdrawals, Refunds, Tournament Winner, Race Winner, Try Scorer, Head to Head, Group Betting, Postponement, Cancellation, Abandonment, Dead Heats