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New Zealand Gazette – 2003 – No. 113

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✨ Betting Conditions

3104

NEW ZEALAND GAZETTE

No. 113

16. CONDITIONS APPLICABLE TO MULTI BETTING

16.1 Interpretation

In Rule 16, unless the context otherwise requires:

“Anchor” means a selection marked to be included in all combinations of bets in a Boxed Multi.

“Boxed Multi” allows a number of separate Multi bets to be sold as a single transaction. A Boxed Multi is required to be made up of three or more component options plus a nominated number of bet combinations involving those component options.

“Boxed Multi Return” or “MAXRETURN” means the sum of the Returns for all the separate Multi bets sold as a single transaction in a Boxed Multi.

“Multi” means a bet made up of two or more individual Fixed Odds Sports and/or Fixed Odds Race component options.

“Multi Odds” means the product of Odds of two or more individual Fixed Odds Sports and/or Fixed Odds Race component options.

“Multi Return” means the product of Multi Odds times the Investment.

“Percentage Multi Bet” means a Boxed Multi bet where the Investor does not nominate a unit of Investment for each bet combination, instead they nominate the total amount they wish to outlay on the bet.

“Related Outcome” means a situation where the outcome of one event in a Multi could have a bearing on another event in that Multi.

VUW Te Waharoa — NZ Gazette 2003, No 113

Gazette.govt.nz — NZ Gazette 2003, No 113

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Conditions Applicable to Multi Betting (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsMulti Betting, Boxed Multi, Fixed Odds Sports, Fixed Odds Race, Betting Conditions

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