✨ Betting Rules
NEW ZEALAND GAZETTE, No. 77 — 23 JULY 2015
Where a Race is abandoned all units of First4 betting on that Race will be refunded.
Any amount brought forward from any previous First4 shall be carried forward to the First4 Pool on the Succeeding First4 Race.
11.12.7 [INSERT] - Abandonments
Where a Race is abandoned all units of First4 betting on that Race will be refunded. Refunds will not include any Bonus Supplement or Guaranteed Pool Shortfall.
Any Guaranteed Pool Shortfall shall be returned to the Code Prize Reserve Pool.
Any Bonus Supplement or amount brought forward from any previous First4 Dividend Pool shall be carried forward to the Subsequent First4 Dividend Pool.
11.12.9 [DELETE] – Declaration of Less than Four Placings
(a) If only three placings are declared:
(i) Any amount brought forward to that First4 Pool is transferred to the First4 Pool on the Succeeding First4 Race;
(ii) The remainder of the First4 Pool will be divided amongst the Investors on the correct combination of the three placed Entrants with any other Entrant in the First4 Race;
(b) If only two placings are declared:
(i) Any amount brought forward to that First4 Pool is transferred to the First4 Pool on the Succeeding First4 Race;
(ii) The remainder of the First4 Pool will be divided amongst the Investors on the correct combination of the two placed Entrants with any two Entrants in the Race;
(c) If only a Winner is declared:
(i) Any amount brought forward to that First4 Pool is transferred to the First4 Pool on the Succeeding First4 Race; and
(ii) The remainder of the First4 Pool will be divided amongst the Investors on the correct combination of the Winner and any other three Entrants in the Race;
and the remainder of the First4 Dividend Pool will be transferred to the First4 Pool on the Succeeding First4 Race if these alternative combinations have also not been selected.
11.12.9 [INSERT] - Declaration of Less than Four Placings
(a) If only three placings are declared:
(i) any Bonus Supplement, together with any amount brought forward to that First4 Dividend Pool is transferred to the Subsequent First4 Dividend Pool; and
(ii) in respect of Rule 11.12.4, the First Four Placings will be deemed to be the First, Second and Third Placed Race Entrants with Fourth being any other Race Entrant.
(b) If only two placings are declared:
(i) any Bonus Supplement, together with any amount brought forward to that First4 Dividend Pool is transferred to the Subsequent First4 Dividend Pool; and
(ii) in respect of Rule 11.12.4, the First Four Placings will be deemed to be the First and Second Placed Race Entrants with both Third and Fourth being any other Race Entrants.
(c) If only a Winner is declared:
(i) any Bonus Supplement, together with any amount brought forward to that First4 Dividend Pool is transferred to the Subsequent First4 Dividend Pool; and
(ii) in respect of Rule 11.12.4, the First Four Placings will be deemed to be the First Placed Race Entrant with Second, Third and Fourth being any other Race Entrants.
11.13 Quaddie Betting
11.13.1 Interpretation
[DELETE] – "Succeeding Quaddie" means in relation to a Quaddie ("initial Quaddie") a Betting Pool on a Race at a Meeting selected by the Board, provided that Meeting is of the same racing code, Thoroughbred, Harness or Greyhound, as the Initial Quaddie.
11.13.4 [DELETE] – Dividend Pool
Subject to Rule 11.13.5 relating to Dead Heats and Rule 11.13.9 relating to Termination, the Dividend Pool shall be distributed as follows:
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✨ LLM interpretation of page content
🏭 Abandonments in First4 Betting
🏭 Trade, Customs & IndustryBetting Rules, Abandonments, Refunds, Dividend Pool
🏭 Declaration of Less than Four Placings in First4 Betting
🏭 Trade, Customs & IndustryBetting Rules, Placings, Dividend Pool
🏭 Interpretation of Succeeding Quaddie in Betting
🏭 Trade, Customs & IndustryBetting Rules, Quaddie, Interpretation
🏭 Dividend Pool Distribution in Quaddie Betting
🏭 Trade, Customs & IndustryBetting Rules, Dividend Pool, Quaddie
NZ Gazette 2015, No 77