Horse Racing Rules

Win (and Each-Way) bet

Bets are settled to win unless ‘‘Each-Way’’ is selected.

An Each-Way bet is for 2 times selected the same bet per bet. It contains a stake bet on the option to ‘Win’ and a bet of the same stake on the option to ‘Place’, in accordance with the advertised terms for the event. The Placement portion of Each-Way bets will be settled according to the following Placement terms:

In all races, the number of entrants will be the number of those on the starting lines.

• Bets on Non-Runners will be voided. Dead heat rules apply.
• When betting on fixed odds, if another participant becomes a non-runner then the following deductions will apply on the net winnings. Subsequently, the place part of the EW bets is calculated based on the deducted winnings.

Deductions on Net Winnings (Fixed Odds)

• If multiple participants become non-runners, the total deduction will never surpass 90%.

• Bets using Starting Price (SP) will be settled using the last quoted price (odds) before the start of the race.

• Place bet 2/3/4

  A place bet is won if the selection is ranked in the first 2/3/4 positions of the race depending on the parameter of the place bet. Bets on non-runners will be voided. Dead heat rules apply.

  If other participants become non-runners, the following deductions will apply on the net winnings of the bet:

  Odds at the Time of Withdrawal	Deduction on Net Winnings (2 places)	Deduction on Net Winnings (3 places)	Deduction on Net Winnings (4 places)
  odds ≤ 1.1112	45%	30%	20%
  1.1112 < odds ≤ 1.1819	40%	30%	20%
  1.1819 < odds ≤ 1.25	40%	25%	20%
  1.25 < odds ≤ 1.3	35%	25%	20%
  1.3 < odds ≤ 1.4	35%	25%	15%
  1.4 < odds ≤ 1.5334	30%	20%	15%
  1.5334 < odds ≤ 1.6154	30%	20%	15%
  1.6154 < odds ≤ 1.8	25%	20%	15%
  1.8 < odds ≤ 1.9524	25%	15%	10%
  1.9524 < odds ≤ 2.2	20%	15%	10%
  2.2 < odds ≤ 2.5	20%	15%	10%
  2.5 < odds ≤ 2.75	15%	10%	10%
  2.75 < odds ≤ 3.25	15%	10%	No Deduction
  3.25 < odds ≤ 4	10%	10%	No Deduction
  4 < odds ≤ 5	10%	No Deduction	No Deduction
  odds > 5	No Deduction	No Deduction	No Deduction

  In case of multiple non-runners, the total deduction can never surpass 90%.

  If the number of entrants in a race is 4 or less, all place bets are automatically voided. In all races, the number of entrants will be the number of those on the starting lines.

  Forecast bet

  Forecasts are accepted for all races of 3 or more active participants and are settled as a straight forecast (picks to finish 1st and 2nd in exact order), according to the computer’s straight forecast dividend. If there are less than 4 active participants, then all forecasts for that race will be void.

  Where a customer selects combined ABC forecasts and bets on 6 bets, this will be settled as 6 straight forecasts as follows:

  • AB, BA, AC, CA, BC, CB

  If any forecast includes a Non-Participant, then the bet will be voided.

  In races where a horse finishes alone and no forecast dividend is returned, the bet will be void.

  In the event that two or more horses finish together for 1st or 2nd place, then separate dividends will be declared and paid for each successful forecast. If separate dividends are not declared, then dead heat rules will apply.

  Tricast bet

  Tricasts are accepted for all races of 3 or more active participants and are settled as a straight tricast (picks to finish 1st, 2nd, and 3rd in exact order), according to the computer’s straight tricast dividend. If there are less than 4 active participants, then all tricasts for that race will be void.

  If any tricast includes a Non-Participant, then the bet will be voided.

  In the event that two or more horses finish together for 1st, 2nd, or 3rd place, then separate dividends will be declared and paid for each successful tricast. If separate dividends are not declared, then dead heat rules will apply.

  Dead Heat Rules

  Where selections are dead-heat, the stake is spread equally over the number of such selections and is paid at full odds.

  Example 1:
  Market = Win. Suppose that a bet is placed with a stake of 30u at odds (6.0) to win 180u.

  • Dead heat of 2 participants in the first place would result in rankings: 1-2, 1-2, 3rd, 4th, etc. In that case, the return would be 180/2 = 90u.
  • Dead heat of 3 participants in the first place would result in rankings: 1-3, 1-3, 1-3, 4th, etc. In that case, the return would be 180/3 = 60u.

  Example 2:
  Market = Place (3 places). Suppose that a bet is placed with a stake of 30u at odds (3.0) to win 90u.

  • Dead heat of 2 participants in the first place would result in rankings: 1-2, 1-2, 3rd, 4th, etc. In that case, the return would be paid in full.
  • Dead heat of 2 participants in the third place would result in rankings: 1st, 2nd, 3-4, 3-4, 5th, etc. In that case, the return would be 90/2 = 45u.
  • Dead heat of 3 participants in the second place would result in rankings: 1st, 2-4, 2-4, 2-4, 5th, etc. In that case, the return would be 90 * (⅔) = 60u.

  Postponed/Rescheduled Races

  If a race is postponed or rescheduled for later on the same day (based on the date and time of the venue) and the final entries stand, then bets stand. However, bets on the race will be void if:

  • The race is abandoned.
  • The race is officially declared void.
  • Race conditions are subject to change after bets have been validated.
  • The track changes.
  • The race surface changes (e.g., Turf to Dirt/All Weather or vice versa).
  • The race is rescheduled for another date (based on the date and time of the venue).

  Reruns

  In the event that an invalid start, etc., results in a re-running of the race, the lines at the start will not be taken and bets will be refunded on horses not taking part in the second race. Refunds on remaining horses are subject to price deductions. The number of participants taking part in the second race is the number of entrants.