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product:horse-racing [2019/10/10 08:31] – created julius.kriukas | product:horse-racing [2023/05/20 10:12] (current) – Updated place rules for feeds other than BODS deividas-dunda | ||
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- | * If your selection becomes | + | - **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 | + | - **Exacta (Forecast, Straight Forecast, or Perfecta)** - a bet placed on two horses in which they must cross the finish line in the exact chosen order. |
- | * Bets placed prior to Rule 4 deductions being announced will have their total pay-out deducted by the published | + | - **Trifecta (Tricast, or Treble Forecast)** |
- | * All bets will be settled on the basis of the official result as first announced | + | - **Place** - a bet in which the chosen horse must finish either first, second, or third in order to win. |
- | + | - **Each Way Bet** - a term for betting on a horse to win and/or ' | |
- | ===== Win Bets (Fixed Price & Starting Price) ===== | + | - **Non-runner** - the horse that is withdrawn from the race because |
- | + | - **Starting Price** - Final odds on a horse (e.g. ' | |
- | * To win, you must choose which horse will finish 1st in a race | + | - **Forecast/ |
- | * You must select either a Fixed Win Bet (based on track betting shows) | + | - **Betting Rules** |
- | + | - General Rules | |
- | ===== Forecast / Exacta Bets (SP) ===== | + | |
- | + | - All bets are settled on the basis of the official result as first announced. | |
- | * To win you must choose which horses | + | - All bets on non-runners are voided, i.e. if all horses in win, each way, place, exacta, or trifecta bets are declared non-runners, |
- | * All Forecast Bets will be converted to a Win SP Bet if 1 of your betting selections did not run | + | - Win Bets |
- | | + | - Fixed Win Bet - a win bet placed using fixed odds (based on track betting shows). |
- | + | | |
- | ===== Tricast / Trifecta Bets (SP) ===== | + | - Exacta Bets |
- | + | | |
- | * To win you must choose which horses | + | - If one of the selected |
- | * Bets on a Tricast Bet will be converted to a Forecast Bet if one of your selections did not run | + | - 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 on tricast dividend. | |
- | ===== Place Bets (SP) ===== | + | - If one of the selected |
- | + | - 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 horses will finish 1stor 2nd (& sometimes 3rd or 4th) in a race | + | - If official dividends for trifecta bets are not announced, all trifecta |
- | + | - Place Bets | |
- | The number of place dividends, depends | + | - Fixed Place Bet - a place bet placed using fixed odds (based on track betting shows). |
- | + | - SP Place Bet - a place bet placed using starting price odds and dependent | |
- | * For races with 4 or less runners, Place Bets will be resolved | + | - The payout structure of SP Place bets is as follows: |
- | * For races with 5 to 7 runners, Place Bets will be resolved with a dividend | + | - PA/ |
- | * For races with 8 or more runners, Place Bets will be resolved with a dividend | + | - Handicap: NO |
- | * If the race is a handicap and there are 12 to 15 runners, Place Bets will be resolved with a dividend | + | |
- | * If the race is a handicap and there are 16 or more runners, Place Bets will be resolved with a dividend | + | * Selection must finish 1st |
+ | * SP Place bets will be resulted | ||
+ | - 5-7 runners | ||
+ | * Selection must finish 1st or 2nd | ||
+ | | ||
+ | - 8 or more runners | ||
+ | * Selection must finish 1st, 2nd, or 3rd | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 1/5 of the SP Win bet winnings | ||
+ | - Handicap: YES | ||
+ | - 4 or fewer runners | ||
+ | * Selection must finish 1st | ||
+ | * SP Place bets will be resulted as SP Win bets | ||
+ | - 5-7 runners | ||
+ | * Selection must finish 1st or 2nd | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - 8-11 runners | ||
+ | * Selection must finish | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - 12-15 runners | ||
+ | * Selection must finish 1st, 2nd, or 3rd | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 1/4 of the SP Win bet winnings | ||
+ | - 16 or more runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, or 4th | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - BODS Feed: | ||
+ | - Race is without Odds On, i.e. a horse with odds of 2.00 or lower is not participating | ||
+ | - 4 or fewer runners | ||
+ | * Selection must finish 1st | ||
+ | * SP Place bets will be resulted as SP Win bets | ||
+ | - 5-7 runners | ||
+ | * Selection must finish 1st or 2nd | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 28% of the SP Win bet winnings | ||
+ | - 8-13 runners | ||
+ | * Selection must finish | ||
+ | | ||
+ | - 14-20 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, or 4th | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 12% of the SP Win bet winnings | ||
+ | - 21-27 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, 4th, or 5th | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 20% of the SP Win bet winnings | ||
+ | - 28-35 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, 4th, 5th, or 6th | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - Race is with Odds On, i.e. a horse with odds of 2.00 or lower is participating | ||
+ | - 4 or fewer runners | ||
+ | * Selection must finish 1st | ||
+ | * SP Place bets will be resulted as SP Win bets | ||
+ | - 5-7 runners | ||
+ | * Selection must finish 1st or 2nd | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 22% of the SP Win bet winnings | ||
+ | - 8-13 runners | ||
+ | * Selection must finish | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - 14-20 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, or 4th | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 10% of the SP Win bet winnings | ||
+ | - 21-27 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, 4th, or 5th | ||
+ | * SP Place bet winnings (payout minus stake) will be equal to 16% of the SP Win bet winnings | ||
+ | - 28-35 runners | ||
+ | * Selection must finish 1st, 2nd, 3rd, 4th, 5th, or 6th | ||
+ | * SP Place bet winnings (payout minus stake) | ||
+ | - Each Way Bets | ||
+ | - Fixed Each Way Bet - an each-way bet placed using fixed odds (based on track betting shows). | ||
+ | - SP Each Way Bet - an each-way bet placed using starting price odds. | ||
+ | - To win the win part of the bet, the selected horse must finish 1st in the race. | ||
+ | - To win the place part of the bet, the selected horse must finish either | ||
+ | - Open Bets | ||
+ | - Single race bets (Win, Place, Exacta, Quartet, Swinger, Trifecta) | ||
+ | - If a horse is scratched for any of the above-mentioned markets, customers | ||
+ | - If a race gets cancelled, customers will receive a full refund. | ||
+ | - Double race bets | ||
+ | - If a horse is scratched before the 1st race took place, then the customer will receive a full refund. Only on that selection that is scratched. | ||
+ | - If a horse in a 2nd leg is scratched after the 1st leg took place, then the scratched horse is going to be substituted by totalisator favorite. If there are joint-favorites, | ||
+ | - In case one of the races got cancelled, customers will get a full refund. | ||
+ | - Remaining multi-race bets (BiPot, Jackpot, Pick 6, Place Accumulator, | ||
+ | - If a horse got scratched on one of the events, it will be replaced by totalisator favorite. If there are joint-favorites, | ||
+ | - In case one of the races got cancelled, customers will get a full refund. | ||
+ | - **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 an odds 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 |