New Zealand Gazette – 2009 – No. 2

Page 75

✨ Betting Rules Amendments

9 JANUARY 2009 NEW ZEALAND GAZETTE, No. 2

(ii) The Dividends will be calculated by firstly dividing the Dividend Pool into a number of parts corresponding to the number of combinations that would entitle a unit of betting specifying one of those combinations to a Dividend under Rule 11.12.5(a)

(iii) Each unbacked combination that would entitle a unit of betting specifying one of those combinations to a Dividend under Rule 11.12.5(a) will be carried forward to and added to the First4 Dividend Pool of the Succeeding First4 Race as determined by Board Policy.

Change #10

New Rules added to Rule 11 CONDITIONS APPLICABLE TO TOTALISATOR RACE BET TYPES as follows:

11.13 Quaddie Betting

11.13.1 Interpretation
In Rule 11.13, unless the context otherwise requires:—

"Quaddie" is a bet type whereby the investor endeavours to select the Winner in each of the four Races as designated by the Board.

"Succeeding Quaddie" means in relation to a Quaddie ("initial Quaddie") the next Quaddie at a Race Meeting selected by the Board.

"Winner" means the Race Entrant in respect of which the stewards or judicial committee of the club conducting the Race have authorised the Win Dividend to be paid, provided that:

(a) if the judge, stewards or judicial committee make an error regarding such authorisation and subsequently correct the error in accordance with the Rules of Racing, the Winner shall be the Race Entrant in respect of which the judge, stewards or judicial committee, after correcting their error, authorise the Win Dividend to be paid; and

(b) the disqualification of the Race Entrant on which the Win Dividend has been paid shall not affect that Entrant’s status as Winner if the disqualification resulted from a protest lodged after the expiration of the period allowed by the Rules of Racing for the lodging of such protests.

11.13.2 Races upon which the Board may conduct Quaddie betting

Quaddie betting may be conducted on such Races as the Board may determine from time to time.

Gazette.govt.nz — NZ Gazette 2009, No 2

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✨ LLM interpretation of page content

🏭 Amendments to the Betting Rules (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated8 January 2009
KeywordsRacing, Betting Rules, Racing Act 2003, Amendments, Dividends, Quaddie Betting

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