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Horses Racing Betting Rules
- All bets are on named horses
- If your selection becomes a non-runner, you will get your money-back
- In the case of dead heats, if affected your total pay-out shall be divided by the number of winning combinations
- Bets placed prior to Rule 4 deductions being announced will have their total pay-out deducted by the published amount
- All bets will be settled on the basis of the official result as first announced
Win Bets (Fixed Price & Starting Price)
- To win, you must choose which horse will finish 1st in a race
- You must select either a Fixed Win Bet (based on track betting shows) or a SP Win Bet (where the dividend is declared by the track at the start of each race)
Forecast / Exacta Bets (SP)
- To win you must choose which horses will finish 1st & 2nd in correct order in a race
- All Forecast Bets will be converted to a Win SP Bet if 1 of your betting selections did not run
- If official dividends for Forecast Bets are not announced all SP Forecast Bets convert to SP Win Bets
Tricast / Trifecta Bets (SP)
- To win you must choose which horses will finish 1st& 2nd & 3rd in correct order in a race
- Bets on a Tricast Bet will be converted to a Forecast Bet if one of your selections did not run
- If official dividends for Tricast Bets are not announced, all bets are converted to SP Forecast Bets
Place Bets (SP)
To win you must choose which horses will finish 1st or 2nd (& sometimes 3rd or 4th) depends on the number of runners taking part in a race. Payouts and win conditions for Place SP Bets:
| Handicap | Number of Runners | Selection must finish | Payouts |
|---|---|---|---|
| No | 4 or less | 1st | Place SP Bets will be resulted as Win SP Bet |
| No | 5 to 7 | 1st or 2nd | Place SP Bet winnings (payout minus stake) will be equal to 1/4 of the Win SP Bet winnings |
| No | 8 or more | 1st or 2nd or 3rd | Place SP Bet winnings (payout minus stake) will be equal to 1/5 of the Win SP Bet winnings |
| Yes | 4 or less | 1st | Place SP Bets will be resulted as Win SP Bet |
| Yes | 5 to 7 | 1st or 2nd | Place SP Bet winnings (payout minus stake) will be equal to 1/4 of the Win SP Bet winnings |
| Yes | 8 to 11 | 1st or 2nd or 3rd | Place SP Bet winnings (payout minus stake) will be equal to 1/5 of the Win SP Bet winnings |
| Yes | 12 to 15 | 1st or 2nd or 3rd | Place SP Bet winnings (payout minus stake) will be equal to 1/4 of the Win SP Bet winnings |
| Yes | 16 or more | 1st or 2nd or 3rd or 4th | Place SP Bet winnings (payout minus stake) will be equal to 1/4 of the Win SP Bet winnings |