✨ Betting Rules
11 SEPTEMBER 2009 NEW ZEALAND GAZETTE, No. 136 3185
(c) In some instances betting will continue during the course of an event. In such instances options shall be labelled "Live Betting".
(d) The Board reserves the right to offer adjusted Odds during breaks in play at its discretion.
14.10 Cancellation of Bets
(a) Fixed Odds Sports Bets cannot be cancelled except:
(i) in circumstances where an error is detected within 60 seconds of the bet being placed; or
(ii) at the discretion of the Board.
(b) Notwithstanding Rule 14.10(a) Live Betting cannot be cancelled except at the sole discretion of the Board.
14.11 Provision of Details
(a) The Board shall at all times endeavour, as far as it is reasonably possible to do so, to provide accurate and up to date details of competitors and teams, including Withdrawals and results, for all Authorised Events on which Fixed Odds Sports Betting is conducted. However, the Board shall not be liable for loss arising from any errors or omissions in such details.
(b) The Board shall at all times endeavour, as far as it is reasonably possible to do so, to acquaint itself with details of any Withdrawals in respect of a particular Authorised Event. In any case where the Board was aware or ought to have been aware of a Withdrawal and continues to accept bets in respect of a result directly relating to that competitor or team, the Board may in its discretion Refund the amount of such bet upon which it shall have no further liability.
(c) In some instances the Withdrawal of a competitor or team may give rise to a Refund. See Rule 15 SPORT SPECIFIC RULES.
(d) In general terms, the first listed team is the home team for an event on which Fixed Odds betting is operated on by the Board. In certain situations, where a neutral venue may be used, the Board reserves the right to designate a home team. In certain situations where the venue used is not neutral and a team is designated the home team – e.g. NRL Gold Coast v Brisbane in Brisbane, the first listed team will be deemed the home team for an Authorised Event on which Fixed Odds Sports Betting is conducted.
(e) If the home and away teams are incorrectly listed, any betting to that point will be declared Void.
(f) In Options such as "Tournament Winner", "Race Winner", "1st Try Scorer", "Last Try Scorer" and other such options not specifically limited by their definition (i.e. "Head to Head", "Group Betting") an Odds quote can be obtained for any competitor or team not already listed as a competitor or team in that option.
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NZ Gazette 2009, No 136
✨ LLM interpretation of page content
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Amendments to the Betting Rules
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🏭 Trade, Customs & Industry10 September 2009
Betting Rules, Racing Act 2003, New Zealand Racing Board, Fixed Odds Sports Betting, Sports Betting Conditions