RACING BOARD
AMENDMENTS TO THE
BETTING RULES
PURSUANT TO SECTIONS 52 AND 54
OF THE RACING ACT 2003
RACING ACT 2003
Pursuant to Section 52 and Section 54 the Racing Act 2003, the New Zealand Racing Board hereby gives notice of the following amendments to the Betting Rules published as a Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981.
These Rules come into force on 10 November 2008.
Full copies of the Betting Rules may be inspected free of charge at TAB offices, downloaded from the NZ Racing Board internet site
www.nzracingboard.co.nz
or may be purchased from the NZ Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.
Dated at Wellington this 7th day of November 2008.
GRAEME HANSEN, Chief Executive of the New Zealand Racing Board.______________________________________________________
Change #1
Rule 4.9 is amended to:
4.9 Closing Time for Investments
NZ Racing Board will endeavour to display in each Totalisator Agency the starting times for all Races at all Race Meetings and all Authorised Events
in respect of which Investments may be accepted. Unless special circumstances, at the NZ Racing Board's sole discretion, prevail, Investments will be accepted up to the start time of the Race or Authorised Event, or the closing time. See Rules 12.12 Driver/Jockey Challenge and 14 CONDITIONS APPLICABLE TO FIXED ODDS SPORTS BETTING.
Change #2
Rule 4.18 is amended to:
4.18 Special Conditions Applicable to Totalisator and Fixed Odds Betting
When the Board receives Investments on overseas Races on the totalisator or Fixed Odds, the Rules of Racing in the country of the Race shall apply.
Change #3
New definitions added to Section 12 CONDITIONS APPLICABLE TO FIXED ODDS RACE BETTING as follows:
12.1 Interpretation
"Driver" means a person who holds a valid Horseman's Licence under the Rules of Racing.
"Driver/Jockey Challenge" has the meaning set out in Rule 12.12(a)
"Jockey" means a person holding a valid Jockey's Licence under the Rules of Racing, and includes an Apprentice Jockey
"Named Driver/Jockey" means a Driver or Jockey in the Driver/Jockey Challenge that is specified on a list of Drivers/Jockeys and their opening prices prepared by NZ Racing Board. The 'any other' price option on the list is not a Named Driver/Jockey.
"Race" in relation to a Driver/Jockey Challenge means a galloping Race or harness Race on which totalisator betting is conducted by the NZ Racing Board.
"Racing Carnival" means a series of Races and/or Race Meetings for a Driver/Jockey Challenge as approved and notified by the NZ Racing Board.
Change #4
New Rule added to Section 12 CONDITIONS APPLICABLE TO FIXED ODDS RACE BETTING as follows:
12.12 Driver/Jockey Challenge
(a) Driver/Jockey Challenge is betting on a Driver/Jockey achieving the highest aggregate points scored in accordance with these rules for achieving a place in Races conducted at a particular Race Meeting
or over a Racing Carnival.
(b) Prior to commencement of betting on a Driver/Jockey Challenge,
NZ Racing Board will prepare a list of Drivers/Jockeys and opening prices. The list may include an "any other" price option to cover any Driver/Jockey who is not included in the original list as a Named Driver/Jockey. At all times the "any other" option shall be treated
as one entity.
(c) The Board may set and vary Odds for any Driver/Jockey Challenge which is being conducted.
(d) The Odds for a Driver/Jockey Challenge bet will be determined at the time the bet is accepted.
(e) In the event of a Race Meeting being abandoned, moved to another venue or postponed all bets are void and moneys are to be Refunded except as provided by 12.12(f) and 12.12(g)
(f) In the event of a Race Meeting not being completed as originally programmed, all bets shall be deemed void and moneys are to be Refunded, except when more than half of the scheduled Races are run at which time the leading Driver/Jockey will be determined the winner.
(g) In the case of Driver/Jockey Challenge betting on a Racing Carnival should any of the originally programmed carnival Race Meetings not be completed in their entirety, all bets shall be deemed void and moneys are to be Refunded, except when more than half of the originally programmed scheduled Races of the Racing Carnival are run at which time the leading Driver/Jockey will be determined the winner.
(h) No points shall be allocated in relation to a Race scheduled to be conducted at a Race Meeting if that Race is postponed to another Race Meeting, abandoned or declared a no Race by the Stewards on the day of the Race Meeting.
(i) If the NZ Racing Board is advised by the Stipendiary Stewards that a Named Driver/Jockey, for any reason, fulfils none of their driving/riding engagements in the nominated Races in a Race Meeting and, at the time of announcement by the racing club and/or NZ Racing Board of the same, the Odds set by NZ Racing Board in respect of the Named Driver/Jockey is equal to or less than $5.00, then at the NZ Racing Board's discretion, all Driver/Jockey Challenge bets shall be deemed void and moneys will be Refunded.
(j) If the NZ Racing Board is advised by the Stipendiary Stewards that a Named Driver/Jockey, for any reason, fulfils none of their driving/riding engagements in the nominated Races in a Race Meeting and, at the time of announcement by the racing club and/or NZ Racing Board of the same, the Odds set by NZ Racing Board in respect of the Named Driver/Jockey is greater than $5.00, then at the NZ Racing Board's discretion, all Driver/Jockey Challenge bets shall stand and be unaffected.
(k) If the NZ Racing Board is advised by the Stipendiary Stewards that two or more Named Driver/Jockeys, for any reason, fulfil none of their driving/riding engagements in the nominated Races in a Race Meeting, all Driver/Jockey Challenge bets relating to that Race Meeting shall be deemed void and moneys will be Refunded.
(l) If, under Rule 12.12(k) all bets are Refunded, then the NZ Racing Board, at its sole discretion may establish another Driver/Jockey Challenge on that Race Meeting.
(m) The winner will be the Driver/Jockey who has the most points accumulated at the end of the competition. Points will be accrued per Race and calculated as follows:
· 3 points for a winning drive/ride as advised on the Order for Payment
· 2 points for a second placed drive/ride as advised on the Order for Payment
· 1 point for a third placed drive/ride as advised on the Order for Payment
Points will only be allocated to the Driver(s)/Jockey(s) who actually drive/ride the winning or placed horse(s) in a Race. Points will not be allocated to any Driver/Jockey who may have been engaged to drive/ride a horse but was subsequently replaced by permission or direction of the Stewards.
Subject to Rules 12.12(i)), 12.12(j) and 12.12(k) there will be no Refunds of bets should a Driver/Jockey be replaced by another Driver/Jockey.
(n) In the event of a dead heat for any or all of the placings, Driver/Jockey points will be allocated on a proportionate fractional basis i.e.
Dead Heat for a Win Dead Heat for Second Dead Heat for Third
Points Points Points
1st - 2.5, 2.5 1st - 3 1st - 3
2nd - 0 2nd - 1.5, 1.5 2nd - 2
3rd - 1 3rd - 0 3rd - 0.5, 0.5
In the event of a triple dead heat for any or all of the placings, points will be allocated on a proportionate fractional basis i.e.:
Triple Dead Heat for a Win Triple Dead Heat for Second Triple Dead Heat for Third
Points Points Points
1st - 2, 2, 2. 1st - 3 1st - 3
2nd - 0 2nd - 1, 1, 1 2nd - 2
3rd - 0 3rd - 0 3rd - 0.3, 0.3, 0.3
(o) In the event of two or more Drivers/Jockeys being tied on the same number of points at the completion of the competition, all successful bets will be paid according to Rule14.12 Dead Heats.
(p) Allocated bets will not be subject to change in the case of any future disqualification.
(q) Bets will be accepted up until the start time or closing time of the first Race in the Driver/Jockey Challenge.
(r) In some instances, betting will continue during the course of the Driver/Jockey Challenge. In such instances, the Driver/Jockey Challenge shall be labelled "Live Betting".
(s) Any matter in respect of a Driver/Jockey Challenge at a Race Meeting or a Racing Carnival not provided for in these Rules, shall be determined by the New Zealand Racing Board.
Change #4
Rule 13.2.7(c) is amended to:
13.2.7(c) Payment of Dividends
(c) In the event of no Investor selecting the final score, and the match being drawn for Pick The Score, the following countback system shall apply:
Home Team's Score Away Team's Score eg Final Score 32 - 32
(i) Drawn score Plus or minus 1 Plus or minus 1 33 - 33, 31 - 31
(ii) Drawn score Plus or minus 2 Plus or minus 2 34 - 34, 30 - 30
(iii) Drawn score Plus or minus 3 Plus or minus 3 35 - 35, 29 - 29
(iv) Correct Plus or minus 1 32 - 33, 32 - 31
(v) Plus or minus 1 Correct 33 - 32, 31 - 32
(vi) Not a drawn score Plus or minus 1 Plus or minus 1 33 - 31, 31 - 33
(vii) Correct Plus or minus 2 32 - 34, 32 - 30
(viii) Plus or minus 2 Correct 34 - 32, 30 - 32
(ix) Plus or minus 1 Plus or minus 2 33 - 34, 33 - 30, 31 - 34, 31 - 30
(x) Plus or minus 2 Plus or minus 1 30 - 33, 30 - 31, 34 - 33, 34 - 31
(xi) Not a drawn score Plus or minus 2 Plus or minus 2 34 - 30, 30 - 34
(xii) Correct Plus or minus 3 32 - 35, 32 - 29
(xiii) Plus or minus 3 Correct 35 - 32, 29 - 32
(xiv) Plus or minus 1 Plus or minus 3 33 - 35, 33 - 29, 31 - 35, 31 - 29
(xv) Plus or minus 2 Plus or minus 3 34 - 35, 34 - 29, 30 - 35, 30 - 29
(xvi) Plus or minus 3 Plus or minus 1 35 - 33, 35 - 31, 29 - 33, 29 - 31
(xvii) Plus or minus 3 Plus or minus 2 35 - 34, 35 - 30, 29 - 34, 29 - 30
(xviii) Not a drawn score Plus or minus 3 Plus or minus 3 35 - 29, 29 - 35
(xix) Correct Any score 32 - Any
(xx) Any score Correct Any - 32
(xxi) Any score Any score Any - Any