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product:greyhound-racing [2019/10/10 15:36] – [Place Bets (SP)] julius.kriukas | product:greyhound-racing [Unknown date] (current) – external edit (Unknown date) 127.0.0.1 | ||
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- | ====== Greyhound | + | ====== Greyhound |
- | | + | |
- | * If you bet on a trap with a non-runner, | + | - **Win Bet (Straight Bet, or Single)** - a bet placed |
- | * In the case of dead heats, if affected your total pay-out shall be divided by the number of winning | + | - **Exacta (Forecast, Straight Forecast, or Perfecta)** - a bet placed |
- | * All bets will be settled on the basis of the official result as first announced | + | - **Trifecta (Tricast, or Treble Forecast)** - a bet placed |
- | + | - **Place** - a bet in which the chosen dog must finish either first, second, or third in order to win. | |
- | ===== Win Bets (Fixed Price & Starting Price) ===== | + | - **Non-runner** - the greyhound/ |
- | + | - **Trap** - One of the box-like compartments that are set along the starting line of a greyhound race track where the dogs wait before being released at the beginning of a race. | |
- | * To win, you must choose which trap number will finish 1st in a race | + | - **Starting Price** - Final odds on a dog (e.g. ' |
- | * You must select **either** a Fixed Win Bet (based on track betting shows) | + | - **Forecast/ |
- | * If you select | + | - **Betting Rules** |
- | + | - General Rules | |
- | ===== Forecast / Exacta Bets (Fixed Price & Starting Price) ===== | + | |
- | + | - All bets are settled on the basis of the official result as first announced. | |
- | * To win you must choose which trap numbers will finish 1st & 2nd in correct order in a race | + | - All bets on non-runners are voided, i.e. if all traps in win, exacta, or trifecta bets are declared non-runners, |
- | * You must select either a Fixed Forecast | + | - Win Bets |
- | | + | - Fixed Win Bet - a win bet placed using fixed odds (based on track betting shows). |
- | * All Forecast Bets will be converted to a Win SP Bet if 1 of your betting selections did not run | + | |
- | | + | - In case a runner is changed via a reserve dog, all Fixed Win bets on that trap are converted to SP Win bets. |
- | + | - Exacta Bets | |
- | ===== Tricast / Trifecta Bets (SP) ===== | + | - Fixed Exacta |
- | + | | |
- | * To win you must choose which trap numbers will finish 1st& 2nd & 3rd in correct order in a race | + | - If any of the traps selected within an exacta bet have their runner changed via a reserve dog, all Fixed Exacta bets are converted to SP Exacta bets. |
- | * Bets on a Tricast Bet will be converted to a Forecast Bet if one of your selections did not run | + | - If one of the selected traps is declared a non-runner, all forecast bets, i.e. both Fixed Exacta and SP Exacta, are converted to SP Win bets. |
- | * Bets on a Tricast Bet will be cancelled | + | - If official dividends for exacta bets are not announced, all SP Exacta bets are converted |
- | | + | - Trifecta Bets |
- | + | - SP Trifecta Bet - a trifecta bet placed using starting price odds and dependent | |
- | ===== Place Bets (SP) ===== | + | - If one of the selected traps is declared |
- | + | - All trifecta bets will be converted to Exacta or Win bets if there are not enough runners for trifecta bets to be considered valid. | |
- | To win you must choose which trap number will finish 1st or 2nd (& sometimes 3rd) in a race. The number of place dividends, depends | + | - If official dividends for trifecta bets are not announced, all trifecta |
- | + | - Place Bets | |
- | * For races with 4 or less runners, Place SP Bet will be resolved as Win SP Bet. | + | |
- | * For races with 5 to 7 runners, Place SP Bet winnings (payout | + | - The payout |
- | * For races with 8 runners, Place Bets will be resolved with a dividend equal to 1/5 of the win SP odds. Selections finishing in 1st, 2nd or 3rd place will qualify for payouts. | + | - 4 or fewer runners: |
- | + | * Selection must finish | |
- | Place bets summary: | + | * SP Place bets will be resulted |
- | + | - 5-7 runners | |
- | ^ Number of Runners ^ Selection must finish | + | * Selection must finish |
- | | 4 or less | 1st | + | |
- | | 5 to 7 | + | - 8 or more runners |
- | | 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 | + | * Selection must finish |
+ | | ||
+ | - **Betting Limits** | ||
+ | - Betting limits are set by each organisation that adopts the product. They can be configured in the Aardvark Technologies administrator interface. | ||
+ | - **Special Cases** | ||
+ | - **Dead Heat Rule** - Dead Heat is a tie between two or, rarely, more runners in a race. If there is a Dead Heat, a bettor wins part of his bet and loses part of his bet. A Dead Heat is calculated by dividing the stake proportionally between the number of winners in the event. For example, in a two-way Dead Heat (2 winners), the punter' | ||
+ | - **Rule 4** - Rule 4 is a deduction that is applied when there is a non-runner in a race that has only been declared at the last minute, i.e. after final declarations for the race have been made and the fixed odds price has been declared. The deduction is applied to all remaining participants of the race. |