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Notice Type
General Section
Notice Title

Amendments to the Betting Rules

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 published as a Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981.
Change #1
10.10.6 Commingling Partners
(a) Tabcorp Manager Pty Limited. For Tabcorp (Victoria) specific commingling betting rules refer to Appendix 5.
(b) Sportech Racing LLC.
(c) Phumelela Gold Enterprises.
(d) HKJC Horse Race Betting Limited. For Hong Kong specific commingling betting rules refer to:
www.hkjc.com/english/betting/betting_rule.htm
Change #2
11.15.1 Interpretation
"Jackpot Pool" means the Pool accumulated for each racing code from amounts carried forward from previous Triple Trios in accordance with Rules 11.15.5 and 11.15.6. At least 40% of the Jackpot Pool must be brought forward and added to the First Prize Pool of the next Triple Trio in the same Triple Trio Circuit.
"Triple Trio Circuit" means a sequence of Triple Trios planned for a particular racing code whereby any amounts carried forward to the Jackpot Pool for that circuit are brought forward and added to subsequent Triple Trios from the same circuit.
Example: The Saturday Thoroughbred Triple Trio Circuit, any amounts carried forward to the Jackpot Pool from one Saturday thoroughbred Triple Trio can be added to the First Prize Pool of any subsequent Triple Trio on the Saturday Thoroughbred Circuit.
"First Prize Pool" means 74.8 per cent of the Dividend Pool and provided all three legs of the Triple Trio are run,
ie not abandoned in accordance with Rule 11.15.12, the First Prize Pool can be increased by:
(a) at least 40% of the Jackpot Pool for that Triple Trio Circuit; and
(b) any part or all of the Prize Reserve Pool which may have been added to the First Prize Pool under Rule 11.15.7. Note that this means that in the event of any leg of a Triple Trio being abandoned in accordance with Rule 11.15.12, any part of the Jackpot Pool amount from (a) or part of the Prize Reserve Pool used to underwrite a guarantee from (b) will not be included in the First Prize Pool.
Change #3
11.15.5 First Prize Pool
Subject to Rule 11.15.8, the First Prize Pool shall be distributed as follows:
(a) The First Prize Pool shall be distributed equally amongst those units of betting that have selected the First Three Placings in each of the three Races of a Triple Trio.
(b) Where the sum of winning units of betting is less than the Dividend Unit, the First Prize Pool will be declared as the Dividend, and the winning units of betting will receive their proportional share of the First Prize Pool. The balance of the First Prize Pool, less any Prize Reserve funds, will be carried forward and added to the Jackpot Pool for the corresponding Triple Trio Circuit.
(c) If no units of betting have selected the First Three Placings in each of the three Races of a Triple Trio, the First Prize Pool in respect of that particular Triple Trio, less any Prize Reserve funds, shall be carried forward and added to the Jackpot Pool for the corresponding Triple Trio Circuit.
These Rules come into force on 9 October 2014.
Full copies of the Betting Rules may be inspected on request at TAB offices, downloaded from the New Zealand Racing Board website
www.nzracingboard.co.nz
or may be purchased from the New Zealand Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.
Dated at Wellington this 3rd day of October 2014.
STEWART MCROBIE, Chief Executive (Acting) of the New Zealand Racing Board.