✨ Betting Rules and Account Regulations
NEW ZEALAND GAZETTE, No. 80
12 JULY 2007
| Channel Type | Minimum Bet Value | Maximum Bet Value |
|---|---|---|
| TAB Retail Outlet | $1 | – |
| *PhoneBet – | ||
| Totalisator | $5 | – |
| PhoneBet – FOB | $5 | – |
| Touchtone – | ||
| Totalisator | $2 | – |
| Touchtone – FOB | $5 | – |
| Internet – Totalisator | $1 | – |
| Internet – FOB | $5 | – |
| Skybet – Totalisator | $2 | $200 |
| Skybet – FOB | $5 | $200 |
| TextBet | $3 | $3 |
Change #15
Appendix 2 amended as follows:
Internet account charges
Internet account charges of NZ$5.00 in respect of any withdrawal of NZ$50.00 or less; and a sufficient fee to cover any bank charges if the NZ TAB incurs any bank charges when remitting funds to an Account Holder apply.
Identification process for Betting Account established through internet
After completing the required application form for a new Betting Account, internet users MUST provide verification of identity, this may be by means of documentary or other evidence that is capable of identifying the customer. The accepted means of Identification are certified copies of a:
- Passport
- Driver’s licence
A copy of the relevant page or pages of the above that contain the personal details, photograph and signature of the account applicant will be required. These must be endorsed by a reputable and identifiable person such as a:
- Notary public
- Lawyer
- Doctor in private practice
- Justice of the peace
- Government official
Please ensure that the endorsement is either stamped or a phone number provided by the verifier. (Please note that existing phonebetting Account Holders who enable their existing phone account for internet access do not need to send any identification.)
Note that the above form of identification can be presented at a Totalisator Agency in New Zealand for verification of identity and signature, in which case the TAB representative will send the verification documents to Account Betting Customer Services.
This can be either sent to:
Manager Account Betting Customer Services
National Office
New Zealand Racing Board
PO Box 38899
Wellington Mail Centre
New Zealand
or faxed to: +64 4 576 6922
or emailed to: administration@nzracingboard.co.nz
This record will be used as signature identification and age verification. If verification of the identity of the Account Holder is not received within 30 days of opening, the account may be "frozen" and may not be accessible until such time as this is received. Please note that withdrawals can NOT be made from accounts until this documentation has been received.
Acceptable forms of Identification for Betting Accounts established through retail network
An application for a Betting Account made through the Board’s retail network must be accompanied by Identification that includes a photograph, specimen signature and proof of age. Acceptable forms of Identification are:
- Passport
- Driver’s licence
- HANZ 18+ Card
These Rules come into force on 1 August 2007.
Full copies of the Betting Rules may be inspected free of charge at TAB offices or may be purchased from the New Zealand Racing Board, PO Box 38899, Wellington Mail Centre.
Dated at Wellington this 12th day of July 2007.
GRAEME HANSEN, Chief Executive, New Zealand Racing Board.
Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981
gs4769
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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 Betting Types and Deductions
(continued from previous page)
🏭 Trade, Customs & Industry12 July 2007
Betting Types, Dividend Units, Statutory Deductions, Payout Rounding, Minimum Bet Value, Maximum Bet Value
- GRAEME HANSEN, Chief Executive, New Zealand Racing Board
🏭 Internet Account Charges and Identification Process for Betting Accounts
🏭 Trade, Customs & Industry12 July 2007
Internet Account Charges, Withdrawal Fees, Bank Charges, Identification Process, Betting Account, Verification of Identity, Documentary Evidence, Certified Copies, Notary Public, Lawyer, Doctor, Justice of the Peace, Government Official
- GRAEME HANSEN, Chief Executive, New Zealand Racing Board
🏭 Acceptable Forms of Identification for Betting Accounts Established Through Retail Network
🏭 Trade, Customs & Industry12 July 2007
Retail Network, Betting Account, Identification, Photograph, Specimen Signature, Proof of Age, Passport, Driver's Licence, HANZ 18+ Card
- GRAEME HANSEN, Chief Executive, New Zealand Racing Board