✨ Betting Rules Amendments
24 APRIL 2009 NEW ZEALAND GAZETTE, No. 54 1299
Change #3
Rule 11.8.4 is amended to:
11.8.4 Dividend Pool
Subject to Rule 11.8.5 relating to Dead Heats, the Dividend Pool shall be distributed as follows:
(a) The Dividend Pool shall be distributed equally amongst those units of betting that have selected the First Three Placings in the correct order in the Trifecta Race, provided that the sum of those winning units of betting is equal to or greater than the Dividend Unit.
Where the sum of winning units of betting is less than the Dividend Unit, the Dividend Pool will be declared as the Dividend and winning units of betting will receive their proportional share of the Dividend Pool. The balance of the Dividend Pool will be carried forward and added to the Dividend Pool of the Succeeding Trifecta Race as determined by Board Policy.
(b) If no unit of betting has selected the First Three Placings in the correct order in a Trifecta Race, the Dividend Pool shall be carried forward and added to the Dividend Pool of the Succeeding Trifecta Race as determined by Board policy.
In circumstances where a Dividend Pool is terminating and there are no Winners, i.e. countback provisions have been exhausted and the Dividend Pool is distributed amongst all units of betting e.g. the winning Entrant is Any/Any/Any, then the dividend may be less than the dividend unit.
Change #4
Rule 11.8.5 is amended and a new rule 11.8.5(c) added as follows:
11.8.5 Dead Heats
If a dead heat or dead heats occur in a Trifecta Race:
(a) Units of betting entitled to a Dividend will be those which correctly selected all places from first to third not affected by the dead heat or dead heats and which also selected the Entrants involved in each dead heat in the placings affected by that dead heat. For example, if a dead heat occurs for second place, units of betting entitled to a Dividend will be those which selected first and which also selected the Entrants involved in the dead heat in second and third places in either order; and
Next Page →
NZ Gazette 2009, No 54
✨ LLM interpretation of page content
🏭
Change #3 to Rule 11.8.4
(continued from previous page)
🏭 Trade, Customs & IndustryBetting Rules, Dividend Pool, Trifecta Race, Dead Heats
🏭 Change #4 to Rule 11.8.5
🏭 Trade, Customs & IndustryBetting Rules, Dead Heats, Trifecta Race