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
  • 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)
  • 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
  • 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

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
  • product/horse-racing.txt
  • Last modified: 2019/10/10 15:56
  • by julius.kriukas