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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 1stor 2nd (& sometimes 3rd or 4th) in a race
The number of place dividends, depends on the number of runners taking part in a race and race handicap status:
- For races with 4 or less runners, Place Bets will be resolved as Win SP Bets
- For races with 5 to 7 runners, Place Bets will be resolved with a dividend equal to 1/4 of the win SP odds. Selections finishing in 1st or 2nd place will qualify for payouts
- For races with 8 or more 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
- If the race is a handicap and there are 12 to 15 runners, Place Bets will be resolved with a dividend equal to 1/4 of the win SP odds. Selections finishing in 1st, 2nd or 3rd place will qualify for payouts
- If the race is a handicap and there are 16 or more runners, Place Bets will be resolved with a dividend equal to 1/4 of the win SP odds. Selections finishing in 1st, 2nd, 3rd or 4th place will qualify for payouts