Pursuant to section 52 of the Racing Act 2003, the New Zealand Racing Board hereby gives notice of the following amendments to the Betting Rules*.
Change #1
New definitions added to Rule 3.1 as follows:
(e) “Betting Account” means an account established by the Board for the purposes of placing bets.
(gg) “Touchtone” is the means of betting using a Betting Account through an automated telephone betting system.
Change #2
Rule 3.1 amended to:
(l) “Identification” means such documentary evidence containing a photograph and specimen signature as the Board deems acceptable from time to time.
Change #3
Rule 7.1 amended to:
7.1 Purpose of Rules
The purpose of Rule 7 is to specify the conditions for establishing and operating a Betting Account. Rule 7 is to be read subject to any specific provisions in Rule 8 RULES RELATING TO INTERNET INVESTMENTS, Rule 9 RULES RELATING TO SKYBET INVESTMENTS, and in conjunction with the General Terms and Conditions for Accounts.
Change #4
Rule 7.2(e) amended to:
7.2 Establishing a Betting Account
(e) The applicant will be required to nominate a Personal Identification Number (PIN) or accept a system generated PIN before becoming an Account Holder.
Change #5
New Rule 7.3 added as follows:
7.3 Account to be used solely for betting
(a) A Betting Account must be used solely for the purposes of betting with the Board.
(b) If the Board believes, on reasonable grounds, that a Betting Account has been, is being or will be used for purposes other than betting with the Board, the Board may:
(i) make all necessary enquiries about the activity on the account;
(ii) decline any request by the Account Holder to withdraw funds from the account while enquiries are made pursuant to paragraph (i) above;
(iii) refuse to accept any deposit of funds to the account or, having accepted such a deposit, may refund that deposit or any balance of the deposit to the Account Holder at its discretion;
(iv) close the account, and retain any funds in the account while enquiries are made pursuant to paragraph (i) above or remit those funds to the Account Holder (less a reasonable administration fee) or retain those funds while enquiries are made pursuant to paragraph (i) above.
Change #6
Rule 7.4 is amended to:
7.4 Deposit of funds to a Betting Account
(a) Any person wishing to deposit funds in a Betting Account may do so by funds transfer or such other means as approved by the Board, providing it complies with the Financial Transactions Reporting Act 1996.
(b) No bet will be accepted against a deposit until the funds have been cleared.
(c) A depositor must produce Identification before depositing cash in the sum of NZ$5,000.00 or more into a Betting Account. Should the deposit be made on behalf of another party or parties, the Board’s agent at the Totalisator Agency must obtain and record the Identification of the depositor before the deposit can be made.
(d) In the event that funds are deposited in error into a Betting Account, the funds may be recovered without reference to the Account Holder. If, at the time the Board withdraws those funds, the balance of the account is not sufficient to cover those funds, the Account Holder will be liable for the shortfall in the account and will be required to repay the funds deposited in error.
(e) All funds deposited to a Betting Account that are not denominated in New Zealand currency will be converted to
New Zealand dollars. The Board will not be liable to the Account Holder in any way for the exchange rate
at which the nominated foreign currency is converted into New Zealand currency. The Board may charge
the Account Holder a reasonable administration fee to cover any costs it incurs in converting the funds into
New Zealand currency.
Change #7
Rule 7.6 amended to:
7.6 Amendment to Account Holder Details
An Account Holder may be required to submit a written advice amending any or all of the details in the original application to open the account. The Account Holder may also revoke the original application and replace it with
a new application upon satisfying the Board that it is reasonably necessary. In either case, any funds standing to the credit of the Account Holder will be transferred to his or her new account.
Change #8
Rule 7.13 amended to:
7.13 Privacy and Security of Account Betting
By establishing an account, the Account Holder agrees to these provisions governing privacy of information and security.
All personal information provided to the Board by an Account Holder when the account is opened or operated, or when the Account Holder uses the Board’s website and/or places bets with the Board, will be held by the Board for the purpose of establishing and maintaining the relationship between the Account Holder and the Board. Information collected and held by the Board about the Account Holder may be used by the Board from time to time to:
(a) assess the credit-worthiness of the Account Holder;
(b) confirm that the Betting Account is being used in accordance with these Rules (and, in particular, that it is being used solely for the purposes of betting with the Board);
(c) offer the Account Holder products or services that the Board considers may be of interest to the Account Holder;
(d) comply with its obligations under the Act relating to problem gambling, harm prevention and minimisation.
The New Zealand Privacy Act 1993 gives individuals a right to see and correct information held about them by the Board.
The Board may disclose personal information about the Account Holder to particular organisations both within
New Zealand and overseas for the purposes of investigating and/or detecting breaches of the Rules of Racing or any relevant legislation of New Zealand, or of another jurisdiction.
A list of authorised bodies with whom the Board has an agreement to share information is available from the Board’s Privacy Officer.
Change #9
Rule 8 amended to:
8 RULES RELATING TO INTERNET INVESTMENTS
Rule 8 RULES RELATING TO INTERNET INVESTMENTS overrides relevant sections of Rule 7 RULES FOR ESTABLISHING AND OPERATING A BETTING ACCOUNT and is to be read in conjunction with any specific provisions in the Special Terms for Internet Betting.
Change #10
Rule 8.2(b) amended to:
8.2 Establishment of an Account via the Internet
(b) May establish an account by depositing clear funds of not less that NZ$20.00, and not greater than NZ$200.00 via the internet.
Change #11
Rule 9 amended to:
9 RULES RELATING TO SKYBET INVESTMENTS
Rule 9 RULES RELATING TO SKYBET INVESTMENTS is to be read in conjunction with any specific provisions in the Special Terms for Skybet Betting.
Change #12
Rule 9.1 amended to:
9.1 Interpretation
“Sky” means Sky Network Television Ltd, working in partnership with the Board to provide Skybet.
Change #13
Rule 9.3 amended to:
9.3 Bet Value
The Board may determine the minimum and maximum bet value for Skybet. See APPENDIX 1. The Board will not accept bets using Skybet where there are insufficient cleared funds in the Account Holder’s account.
Change #14
Appendix 1 is amended as follows:
Bet Type Dividend Unit Statutory Deduction Dividend, Refund, Return Rounding Payout Rounding % Betting?
Win $1 14.50% Nearest 10c Nearest 10c NO Percentage betting
Place $1 14.25% Nearest 10c Nearest 10c NO minimum is the greater
Quinella $1 14.75% Nearest 10c Nearest 10c NO of $5, or 5c for each
Trifecta $1 25.00% Nearest 10c Nearest 10c YES of the unique bet
Double $1 21.00% Nearest 10c Nearest 10c NO combinations purchased.
Double with concession $1 21.00% Nearest 10c Nearest 10c NO
Treble $1 25.00% Nearest 10c Nearest 10c YES
Pick 6 50c 26.00% Nearest 10c Nearest 10c YES
Pick 6 with concession 50c 26.00% Nearest 10c Nearest 10c YES
Sixpack 50c 26.00% Nearest 10c Nearest 10c YES
Sixpack with concession 50c 26.00% Nearest 10c Nearest 10c YES
Pick the Score $1 25.00% Nearest 10c Nearest 10c NO
Pools $1 32.50% Nearest 10c Nearest 10c NO

Channel Type Minimum Bet Value MaximumBet Value
TAB Retail Outlet $1 –
*PhoneBet – Totalisator $5 –
PhoneBet – FOB $5 –
Touchtone – Totalisator $2 –
Touchtone – FOB $5 –
Internet – Totalisator $1 –
Internet – FOB $5 –
Skybet – Totalisator $2 $200
Skybet – FOB $5 $200
TextBet $3 $3
Change #15
Appendix 2 amended as follows:
Internet account charges
Internet account charges of NZ$5.00 in respect of any withdrawal of NZ$50.00 or less; and a sufficient fee to cover any bank charges if the NZ TAB incurs any bank charges when remitting funds to an Account Holder apply.
Identification process for Betting Account established through internet
After completing the required application form for a new Betting Account, internet users MUST provide verification of identity, this may be by means of documentary or other evidence that is capable of identifying the customer. The accepted means of Identification are certified copies of a:
? Passport
? Driver’s licence
A copy of the relevant page or pages of the above that contain the personal details, photograph and signature of the account applicant will be required. These must be endorsed by a reputable and identifiable person such as a:
? Notary public
? Lawyer
? Doctor in private practice
? Justice of the peace
? Government official
Please ensure that the endorsement is either stamped or a phone number provided by the verifier. (Please note that existing phonebetting Account Holders who enable their existing phone account for internet access do not need to send any identification.)
Note that the above form of identification can be presented at a Totalisator Agency in New Zealand for verification of identity and signature, in which case the TAB representative will send the verification documents to Account Betting Customer Services.
This can be either sent to:
Manager Account Betting Customer Services
National Office
New Zealand Racing Board
PO Box 38899
Wellington Mail Centre
New Zealand
or faxed to: +64 4 576 6922
or emailed to: adminstration@nzracingboard.co.nz
This record will be used as signature identification and age verification. If verification of the identity of the Account Holder is not received within 30 days of opening, the account may be “frozen” and may not be accessible until such time as this is received. Please note that withdrawals can NOT be made from accounts until this documentation has been received.
Acceptable forms of Identification for Betting Accounts established through retail network
An application for a Betting Account made through the Board’s retail network must be accompanied by Identification that includes a photograph, specimen signature and proof of age. Acceptable forms of Identification are:
? Passport
? Driver’s licence
? HANZ 18+ Card
These Rules come into force on 1 August 2007.
Full copies of the Betting Rules may be inspected free of charge at TAB offices or may be purchased from the New Zealand Racing Board, PO Box 38899, Wellington Mail Centre.
Dated at Wellington this 12th day of July 2007.
GRAEME HANSEN, Chief Executive, New Zealand Racing Board.
*Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981