Pursuant to sections 76 and 78 of the Racing Industry Act 2020, TAB New Zealand hereby gives notice of the following amendments to the Betting Rules published as a Supplement to the New Zealand Gazette, 30 April 2024, Notice No. 2024-sl1731.

Deleted words are struck out and in red.

Inserted words are underlined and in red.

GENERAL RULES RELATING TO TAB TOTALISATOR RACE INVESTMENTS

6. REFUND OF INVESTMENTS

6.1 TAB shall refund bets only where at least one of the following Rules apply:

(a) Rule 6.1(b), relating to the Scratching of Race Entrants;

(b) Rule 7, relating to the postponement or abandonment of Race Meetings;

(c) Rule 5(a)(b), relating to the minimum number of competitors in an event;

(d) Rule 8.3, relating to the Scratching of Entrants from a Race in respect of which All Up bets have been placed;

(e)(d) Rule 1.1.1(b) relating to no units of betting on the winner of a Win pool;

(f)(e) Rules 11.6 and 11.7, relating to Scratchings from a Win Race and the abandonment of Races on which Win betting will be conducted;

(g)(f) Rules 12.6 and 12.7, relating to Scratchings from a Place Race and the abandonment of Races on which Place betting will be conducted;

(h)(g) Rules 13.6 and 13.7, relating to Scratchings from a Quinella Race and the abandonment of Races on which Quinella betting will be conducted;

(i)(h) Rules 14.6 and 14.7, relating to Scratchings from a Trifecta Race and the abandonment of Races on which Trifecta betting will be conducted;

(j)(i) Rules 15.7 and 15.8, relating to the abandonment of Races on which Double betting will be conducted;

(k)(j) Rules 17.7 and 17.8, relating to the abandonment of Races on which Treble betting will be conducted;

(l)(k) Rules 18.6 and 18.7, relating to Scratchings from a First4 Race and the abandonment of Races on which First4 betting will be conducted;

(m)(l) Rules 19.7 and 19.8, relating to the abandonment of Races on which Quaddie betting will be conducted.

8. ALL UP BETTING, INCLUDING POKER BETS

Not applicable.

8.1 Interpretation

“All Up Bet” means a bet placed on a selection or combination of selections in an event on the basis that any Dividend or Return from that bet is to be invested on a selection or combination of selections in at least one subsequent Race.

8.2 Acceptance of All Up bets

(a) TAB may accept All Up bets.

(b) At the time of placing an All Up bet, the Investor shall nominate a number of Races in respect of which any Dividend or refund shall be paid.

(c) Re-investment can not occur until a result is confirmed and dividends paid. Where an enquiry or other delay prevents dividends from being paid, then re-investment on the following race(s) may not occur. When the result is finally confirmed and dividends paid then re-investment will skip any closed races, and continue on to any remaining races that are still open for betting.

(d) The re-investment amount shall be truncated down to the nearest whole cent.

8.3 Scratchings or Race Abandonments

Any refund, resulting from either a Scratching or the abandonment of a Race from an All Up bet, shall be re-invested in the same manner as a Dividend.

8.4 Poker Bets

A “Poker Bet” allows a number of separate All Up bets to be sold as a single transaction. With respect to Rule 8.1, each component All Up bet within any Poker bet will function as if they were sold separately.

(a) Poker3 – Poker Bets involving exactly three Races. Four separate All Up bets, spanning three Races, are sold as a single transaction in a Poker3 bet. These separate bets are; three All Up bets across each unique pair of Races, and one All Up bet across all three Races.

(b) Poker4 – Poker bets involving exactly four Races. Eleven separate All Up bets, spanning four Races, are sold as a single transaction in a Poker4 bet.

(c) These separate bets are: six All Up bets involving each unique pair of Races, four All Up bets involving each unique trio of Races, and one All Up bet involving all four Races.

(d) Poker5 – Poker bets involving exactly five Races. Twenty six separate All Up bets, spanning five Races, are sold as a single transaction in a Poker5 bet.

(e) These separate bets are: ten All Up bets involving each unique pair of Races, ten All Up bets involving each unique trio of Races, five All Up bets involving each unique quartet of Races and one All Up bet involving all five Races.

(f) Poker6 – Poker bets involving exactly six Races. Fifty seven separate All Up bets, spanning six Races, are sold as a single transaction in a Poker6 bet.

(g) These separate bets are: fifteen All Up bets involving each unique pair of Races, twenty All Up bets involving each unique trio of Races, fifteen All Up bets involving each unique quartet of Races, six All Up bets involving each unique quintet of Races and one All Up bet involving all six Races.

8.5 Payment of Dividends and Refunds in respect of Poker bets

Any Dividend or refund on Poker bets will not be available for payment until either an Official Result is received or an order for abandonment has been made for all Races in the Poker bet.

These Rules come into force on 15 December 2024.

Full copies of the Betting Rules may be inspected on request at TAB offices or downloaded from the TAB New Zealand website www.tab.co.nz.

Further enquiries can be made to TAB New Zealand, Asteron Centre, Level 10, 55 Featherston Street, Pipitea, Wellington 6011.

Dated at Wellington this 29th day of November 2024.

NICK ROBERTS, Chief Executive Officer of TAB New Zealand.