β¨ Betting Rules Amendments
14 DECEMBER 2007 NEW ZEALAND GAZETTE, No. 139 3643
Change #8
Rule 10.7 is amended to:
10.7 Bets received on Races or Race Meetings subsequently postponed or abandoned
(a) Where a Race or Race Meeting is postponed by a Code and/or racing club to a later
date, the Race or Race Meeting will be abandoned in the betting system.
(b) In the event of a Race or Race Meeting being abandoned all unresolved totalisator
Investments will be refunded with the exception of Pick6, Double and Treble as covered
in these Rules.
Change #9
Rules 11.1.5(b) and (c) are amended to:
11.1.5 First Prize Pool
(b) Where the sum of winning units of betting is less than the Dividend Unit, the First Prize
Pool will be declared as the Dividend, and winning units of betting will receive their
proportional share of the First Prize Pool. The balance of the First Prize Pool, less any
Prize Reserve funds, will be carried forward and added to the First Prize Pool of the next
Pick6 as determined by Board policy.
(c) If no units of betting have selected the Winners in each of the six Races of a Pick6, the
First Prize Pool in respect of that particular Pick6, less any Prize Reserve funds, shall be
carried forward and added to the First Prize Pool of the next Pick6 as determined by
Board policy.
Change #10
Rule 11.1.10 amended to:
11.1.10 Refunds
After the closing time for Pick6 Investments, no Investor shall obtain a Refund except where
four or more of the Pick6 Races have been abandoned, in accordance with Rule 11.1.11(d).
Change #11
Rule 11.1.11 is amended to:
11.1.11 Abandonment of Races
(a) Where any one of the Races of a Pick6 is abandoned:
(i) The First Prize Pool shall be distributed equally amongst those units of betting that
have selected the Winner of the other five Races of the Pick6 and any Race
Entrant in the abandoned Race of the Pick6.
(b) Where any two of the Races of a Pick6 are abandoned:
(i) The First Prize Pool shall be distributed equally amongst those units of betting that
have selected the Winner of the other four Races of the Pick6 and any Race
Entrant in the two abandoned Races of the Pick6.
(c) Where any three of the Races of a Pick6 are abandoned:
(i) First Prize Pool shall be distributed equally amongst those units of betting that
have selected the Winner of the other three Races of the Pick6 and any Race
Entrant in the three abandoned Races of the Pick6.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 139
Gazette.govt.nz —
NZ Gazette 2007, No 139
β¨ LLM interpretation of page content
π
Amendments to the Betting Rules
(continued from previous page)
π Trade, Customs & Industry13 December 2007
Racing Act 2003, Betting Rules, Amendments, Racing Board