New Zealand Gazette – 2007 – No. 85

Page 2224

✨ Betting Rules Supplement

2224 NEW ZEALAND GAZETTE, No. 85 30 JULY 2007

15.2.3 Double

The Dividend is calculated as follows. Note that this example assumes there are 10 runners in each leg of the double. The Tickets are sold for $1.00.


Value of Tickets sold	$2,000
Refunds	$0
Commission of 15%	$300
Dividend pool	$1,700
Units on winner of first leg	200
Units on winner of 2nd leg	20
Dividend	$85.00
Rounding	$0.00
Dividend declared	$85.00

16 Payment of Dividends

Dividends shall be paid out to holders of Dividend-bearing Tickets only on the day of the Race meeting. The public must be notified of this in the Race club’s official publications, on its official board, and over the loudspeaker.

VUW Te Waharoa — NZ Gazette 2007, No 85

Gazette.govt.nz — NZ Gazette 2007, No 85

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

🏭 Equalisator Betting Rules under Racing Act 2003 (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Racing, Rules, Racing Act 2003, Equalisator, Ticket issuing, Ballot procedure, Dividend calculation, Win pool, Place pool, Double bet, Commission, Refunds

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