Amendments to Betting Rules




NEW ZEALAND GAZETTE, No. 113 22 AUGUST 2013

(f) Dividends paid will be the same in both the Host and Guest jurisdictions.

(g) The Board will select which races and betting pools it will Commingle on and may at its discretion choose not to Commingle on certain races or betting pools.

10.10.3 Commingling as Guest

(a) The NZ Racing Board may bet into a Merged Pool of a Commingling Partner as listed in Rule 10.10.6.

(b) Subject to Rule 10.10.3(e), when Commingling as a Guest, the Betting Rules of the Host jurisdiction as they apply to the commingled pools will apply and will override the equivalent rule in NZ Racing Board’s General Betting Rules. The Betting Rules of the Host are listed in the appropriate Commingling Partner Appendix as defined in Rule 10.10.6.

(c) Controlling Body the Board’s Betting Rules 4.16(g) and 4.16(h) that relate to the cancellation of Win, Place, Each Way and Quinella bets will apply to Commingled bets.

(d) Any additional betting rules relating to Commingling that are not specifically covered in NZ Racing Board’s General Betting Rules or the Host’s Betting Rules are listed in APPENDIX 6.

(e) The Host Commingling Partner may have other Guests betting into the merged pool.

(f) All pool total information will be expressed in New Zealand Dollars.

(g) Subject to APPENDIX 6 Rule 1(a), dividends paid will be the same in both the Host and Guest jurisdictions.

(h) The Board will select which races and betting pools it will commingle on and may at its discretion choose not to commingle on certain races or betting pools.

10.10.4 Commingling as Hub

(a) The NZ Racing Board may bet into a Merged Pool of a Commingling Partner as listed in Rule 10.10.6 via a Hub.

(b) Subject to Rules 10.10.3(e) and 10.10.3(d), when Commingling as a Hub, the Betting Rules of the Host jurisdiction as they apply to the commingled pools will apply and will override the equivalent rule in NZ Racing Board’s General Betting Rules. The Betting Rules of the Host are listed in the appropriate Commingling Partner Appendix as defined in Rule 10.10.6.

(c) Irrespective of the Controlling Body, the Board’s Betting Rules 4.16(g) and 4.16(h) that relate to the cancellation of Win, Place, Each Way and Quinella bets will apply to Commingled bets.

(d) If the Hub is separated from the Host the Hub, rules will apply in relation to “Three Place Dividends” Race as set out in APPENDIX 5.

(e) The Hub may act as a Hub for more than one Guest.

(f) All pool total information will be expressed in New Zealand Dollars.

(g) Subject to APPENDIX 6 Rule 2(a), dividends paid will be the same in both the Host and Guest jurisdictions.

(h) The Board will select which races and betting pools it will commingle on and may at its discretion choose not to commingle on certain races or betting pools.

10.10.5 Commingling emergency procedures

(a) The Board may separate its betting pool from the Commingling Partner after commingling of the pool has already commenced. The circumstances where this could happen include, but are not limited to, computer system or telecommunication failure.

(b) If a betting pool is separated in these circumstances, the Board will declare the dividend calculated on the value of the total investments made with the Board and may not include any value of investments notified by the Commingling Partner.

10.10.6 Commingling Partners

(a) Tabcorp Manager Pty Limited. For Tabcorp (Victoria) specific commingling betting rules refer to APPENDIX 5.

(b) Scientific Games Racing LLC.

(c) Phumelela Gold Enterprises.

(d) Hong Kong Jockey Club. For Hong Kong specific commingling betting rules refer to:
www.hkjc.com/english/betting/betting_rule.htm

10.10.7 Hubbing Partners

(a) Tabcorp Manager Pty Limited.

Change #2

3 INTERPRETATION is amended as follows:

3.1

In these Rules, unless the context otherwise requires:

(a) "Account Betting" means betting using an account established for the purpose of placing bets.

(b) "Account Holder" has a corresponding meaning.

(c) "Act" means the Racing Act 2003 as amended.

(d) "Authorised Event" means a sports game, competition, or event upon which the Board may conduct sports betting pursuant to the Act by obtaining the written agreement of the appropriate New Zealand national sporting organisation or controlling body.



Next Page →



Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2013, No 113





✨ LLM interpretation of page content

🏭 Amendments to Betting Rules (continued from previous page)

🏭 Trade, Customs & Industry
Racing Act 2003, Betting Rules, Commingling, NZ Racing Board