✨ Betting Rules Amendments
12 JULY 2007
NEW ZEALAND GAZETTE, No. 80
2083
(a) assess the credit-worthiness of the Account Holder;
(b) confirm that the Betting Account is being used in accordance with these Rules (and, in particular, that it is being used solely for the purposes of betting with the Board);
(c) offer the Account Holder products or services that the Board considers may be of interest to the Account Holder;
(d) comply with its obligations under the Act relating to problem gambling, harm prevention and minimisation.
The New Zealand Privacy Act 1993 gives individuals a right to see and correct information held about them by the Board.
The Board may disclose personal information about the Account Holder to particular organisations both within New Zealand and overseas for the purposes of investigating and/or detecting breaches of the Rules of Racing or any relevant legislation of New Zealand, or of another jurisdiction.
A list of authorised bodies with whom the Board has an agreement to share information is available from the Board’s Privacy Officer.
Change #9
Rule 8 amended to:
8
RULES RELATING TO INTERNET INVESTMENTS
Rule 8 RULES RELATING TO INTERNET INVESTMENTS overrides relevant sections of Rule 7 RULES FOR ESTABLISHING AND OPERATING A BETTING ACCOUNT and is to be read in conjunction with any specific provisions in the Special Terms for Internet Betting.
Change #10
Rule 8.2(b) amended to:
8.2 Establishment of an Account via the Internet
(b) May establish an account by depositing clear funds of not less that NZ$20.00, and not greater than NZ$200.00 via the internet.
Change #11
Rule 9 amended to:
9
RULES RELATING TO SKYBET INVESTMENTS
Rule 9 RULES RELATING TO SKYBET INVESTMENTS is to be read in conjunction with any specific provisions in the Special Terms for Skybet Betting.
Change #12
Rule 9.1 amended to:
9.1 Interpretation
“Sky” means Sky Network Television Ltd, working in partnership with the Board to provide Skybet.
Change #13
Rule 9.3 amended to:
9.3 Bet Value
The Board may determine the minimum and maximum bet value for Skybet. See APPENDIX 1. The Board will not accept bets using Skybet where there are insufficient cleared funds in the Account Holder’s account.
Change #14
Appendix 1 is amended as follows:
| Bet Type | Dividend Unit | Statutory Deduction | Dividend, Refund, Return Rounding | Payout Rounding | % Betting? |
|---|---|---|---|---|---|
| Win | $1 | 14.50% | Nearest 10c | Nearest 10c | NO |
| Place | $1 | 14.25% | Nearest 10c | Nearest 10c | NO |
| Quinella | $1 | 14.75% | Nearest 10c | Nearest 10c | NO |
| Trifecta | $1 | 25.00% | Nearest 10c | Nearest 10c | YES |
| Double | $1 | 21.00% | Nearest 10c | Nearest 10c | NO |
| Double with concession | $1 | 21.00% | Nearest 10c | Nearest 10c | NO |
| Treble | $1 | 25.00% | Nearest 10c | Nearest 10c | YES |
| Pick 6 | 50c | 26.00% | Nearest 10c | Nearest 10c | YES |
| Pick 6 with concession | 50c | 26.00% | Nearest 10c | Nearest 10c | YES |
| Sixpack | 50c | 26.00% | Nearest 10c | Nearest 10c | YES |
| Sixpack with concession | 50c | 26.00% | Nearest 10c | Nearest 10c | YES |
| Pick the Score | $1 | 25.00% | Nearest 10c | Nearest 10c | NO |
| Pools | $1 | 32.50% | Nearest 10c | Nearest 10c | NO |
Note: Percentage betting minimum is the greater of $5, or 5c for each of the unique bet combinations purchased.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 80
Gazette.govt.nz —
NZ Gazette 2007, No 80
✨ LLM interpretation of page content
🏭
Amendments to the Betting Rules
(continued from previous page)
🏭 Trade, Customs & IndustryRacing Act 2003, Betting Rules, Betting Account, Touchtone
🏭 Changes to Internet Betting Account Rules
🏭 Trade, Customs & IndustryInternet Betting, Account Establishment, Minimum Deposit
🏭 Changes to Skybet Betting Rules
🏭 Trade, Customs & IndustrySkybet, Betting, Sky Network Television, Minimum Bet Value
🏭 Amendments to Betting Types and Deductions
🏭 Trade, Customs & IndustryBetting Types, Dividend Units, Statutory Deductions, Payout Rounding