✨ Amendments to Betting Rules
3644 NEW ZEALAND GAZETTE, No. 139 14 DECEMBER 2007
(d) Where any four or any five or all six of the Races of a Pick6 are abandoned:
(i) Pick6 investments will be refunded
(ii) the amount brought forward from any previous Pick6 shall be carried forward to
the next Pick6 as determined by the Board.
Change #12
Rules 11.2.5(b) and (c) are amended to:
11.2.5 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 the Board.
(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 the
Board.
Change #13
Rule 11.2.6 amended to:
11.2.6 Concession Pool
Subject to Rule 11.2.8 relating to Termination and Rule 11.2.12 relating to abandonment, the
Concession Pool shall be distributed as follows:
(a) The Concession Pool shall be distributed equally amongst those units of betting that
have selected the Winners in any five, but not all six, of the Races of a Pick6.
(b) If there are no units of betting that have selected the Winners in any five, but not all six,
of the Races of a Pick6, the Concession Pool shall be distributed equally among those
units of betting that have selected the Winners in the greatest number, but not all six, of
such Races.
Change #14
Rule 11.2.11 amended to:
11.2.11 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 11.2.12(d).
Change #15
Rule 11.2.12 is amended to:
11.2.12 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.
(ii) The Concession Pool shall be distributed equally amongst those units of betting
that have selected the Winner of any four of the other five Races of the Pick6 and
any Race Entrant in the abandoned Race 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
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Amendments to the Betting Rules
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🏭 Trade, Customs & Industry13 December 2007
Racing Act 2003, Betting Rules, Amendments, Racing Board