✨ Betting Rules Amendments
3186 NEW ZEALAND GAZETTE, No. 136 11 SEPTEMBER 2009
(g) If one or more competitors or teams included in a Group Betting Option of three or four competitors or teams withdraws, then all betting on that Group is declared Void.
(h) If two or more competitors or teams included in a Group Betting Option of five to ten competitors or teams withdraws, then all betting on that Group is declared Void.
14.12 Postponement, Cancellation Or Abandonment Of Authorised Events
(a) At its absolute discretion, the Board may allow a period of up to and including three days for an Authorised Event to be conducted before deeming the event to be abandoned.
(b) If an Authorised Event is abandoned or cancelled prior to its commencement, or subsequently abandoned, the Board shall Refund all bets on that event that have not declared a result.
14.13 Dead Heats
(a) If Odds for a dead heat, tie or draw are not offered by the Board for an event where a dead heat does occur, the Return is calculated by dividing the number of competitors or players involved in the dead heat into the Return for each winning ticket.
E.g. if Wellington and Auckland draw 21-21 in a rugby match, head to head Investors will receive half of their Return.
(b) Where the Board has offered as a separate selection a dead heat between any of the competitors or teams in an Authorised Event on which Fixed Odds Sports Bets have been placed, such a dead heat shall be declared the Winning Selection.
E.g. if Wellington and Auckland draw 21-21 in a rugby match, ‘Draw’ in winning team & margin betting will be the Winning Selection.
14.14 Errors
Where a substantial error has occurred in the price, handicap or wording of the option the Board reserves the right to declare bets Void and Refund any bets on the option or selection.
14.15 Rigging
Where there is evidence, in the Board’s reasonable opinion, of price, race, match or event rigging, the Board reserves the right to Void bets or withhold settlement of bets pending the outcome of any subsequent investigation.
14.16 Limitation on maximum Return
There is a limit on the maximum amount that can be won by one Investor on a Multi or Boxed Multi bet. The current maximum is detailed in APPENDIX 1. Should the Board have reason to believe that a number of bets have been placed by one Investor, or group of Investors acting together, backing the same combination of
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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