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Notice Type
General Section
Notice Title

Betting Rules Amendment Notice (No. 1) 2016

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, which come into effect on 27 May 2016.

Deleted words are struck out and in red.

These amendments to the Betting Rules are as follows:

 

12.1 Interpretation

[DELETE] - “Return Bearing Placings (RBPs)” Like Dividend Bearing Placings for totalisator betting, RBPs are the number of Placings in an option that Returns will be paid on.

Final Field Win betting has one RBP.

Final Field Place betting has two RBPs if there are five, six or seven non scratched Race Entrants at the time that the Final Field Place betting option is opened for betting.

Final Field Place betting has three RBPs if there are eight or more non scratched Race Entrants at the time that the Final Field Place betting option is opened for betting.

Final Field Top Four betting has four RBPs.

[INSERT] - “Return Bearing Placings (RBPs)” Like Dividend Bearing Placings for totalisator betting, RBPs are the number of Placings in an option that Returns will be paid on.

Final Field Win betting has one RBP.

Final Field Place betting may have two, three or four RBPs.

Final Field Top Two betting has two RBPs.

Final Field Top Three betting has three RBPs.

Final Field Top Four betting has four RBPs.

12.7 Final Field Betting Deductions

12.7.1 Deductions

[DELETE] - Where the Return for a Final Field Fixed Odds Race bet is altered under Rule 12.7.1(c),

(a) The Returns on all Final Field Bets placed on other Race Entrants in that Race prior to the Scratching or Scratchings, shall be reduced by a percentage equal to the Final Field deduction calculated for the Scratching or Scratchings, provided that no deduction will apply if the Odds for a Scratching are more than the Maximum Deduction Odds; and

(b) No Odds shall be less than the designated Minimum Odds (except in the case of a dead heat under Rule 12.13 Dead Heats); and

(c) Final Field Betting on the Scratched Race Entrant shall be refunded in full.

[INSERT] - Where the Return for a Final Field Fixed Odds Race bet is altered under Rule 12.4(g):

(a) The Returns on all Final Field Bets placed on other Race Entrants in that Race prior to the Scratching or Scratchings shall be reduced by a percentage equal to the Final Field deduction calculated for the Scratching or Scratchings, provided that no deduction will apply if the Odds for a Scratching are more than the Maximum Deduction Odds; and

(b) No Odds shall be less than the designated Minimum Odds (except in the case of a dead heat under Rule 12.13 Dead Heats); and

(c) Final Field Betting on the Scratched Race Entrant shall be refunded in full.

12.7.2 Scratchings

[DELETE] - Where two or more Race Entrants are Scratched the relevant Final Field deduction on bets placed before those Scratchings shall be calculated by applying all deductions. The Final Field deduction on bets placed after any Scratching shall be calculated by applying only the subsequent deductions.

[INSERT] - Where two or more Race Entrants are Scratched, the relevant Final Field deduction on bets placed before those Scratchings shall be calculated by applying all deductions. The Final Field deduction on bets placed after any Scratching shall be calculated by applying only the subsequent deductions.

Where Scratchings cause a Race to have less than five Race Entrants, then all Final Field Top Two, Final Field Top Three and Final Field Top Four bets on that Race will be refunded.

12.21 Group Versus Group Betting

[DELETE] - (a) Odds will be offered on two or more Groups of two or more runners within one race.

Examples:

Fancies vs The Rest (two favoured runners versus the balance of the field).

Fillies and Mares vs Colts, Geldings and Entires.

Location of Winning Trainer (North Island, South Island, Australia)

Odds & Evens First Two (First two Race Entrants are; both Odds numbers, both Even numbers, or one Odd number and one Even number)

(b) Group versus Group betting will only be offered on Races where Final Field Win betting is also offered. The scratching from any Group, of any Race Entrant paying less than $10 on the Final Field Win Option at the time of scratching will cause the Group versus Group Option to be abandoned and all bets Refunded. All Group versus Group Bets will stand if such a scratching is paying $10 or more on the Final field Win Option.

(c)Where the entire race field is included within the Groups, the winning Group will be the one that includes the Winner. Dead Heat Rules apply.

(d)Where the entire field is not included within the Groups, the winning Group will be the one that includes the highest placed entrant from all of the Groups. Dead Heat Rules apply.

[INSERT] - (a) Odds will be offered on two or more Groups of two or more runners within one race.

Examples:

Fancies vs The Rest (two favoured runners versus the balance of the field).

Fillies and Mares vs Colts, Geldings and Entires.

Location of Winning Trainer (North Island, South Island, Australia).

Odds & Evens First Two (First two Race Entrants are; both Odd numbers, both Even numbers, or one Odd number and one Even number).

(b) Group versus Group betting will only be offered on Races where Final Field Win betting is also offered. The Scratching from any Group, of any Race Entrant paying less than $10 on the Final Field Win Option at the time of scratching will cause the Group versus Group Option to be abandoned and all bets refunded. All Group versus Group Bets will stand if such a scratching is paying $10 or more on the Final field Win Option.

(c) Where the entire race field is included within the Groups, the winning Group will be the one that includes the winner(s). Dead Heat Rules apply.

(d) Where the entire field is not included within the Groups, the winning Group will be the one that includes the highest placed entrant from all of the Groups. Dead Heat Rules apply.

 

Full copies of the Betting Rules may be inspected on request at TAB offices or downloaded from the New Zealand Racing Board website

www.tab.co.nz

Further enquiries can be made to New Zealand Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.

Dated at Wellington this 24th day of May 2016.

JOHN ALLEN, Chief Executive of the New Zealand Racing Board.