17. ODDS & EVENS TOTALIZATOR
17.1 Opening and closing of an odds & evens totalizator
An odds & evens totalizator:
(a) must not be opened to accept bets for a race unless there are at least 2 contestants with odd contestant numbers and at least 2 contestants with even contestant numbers; and
(b) must be terminated if there are no longer 2 contestants with odd contestant numbers and 2 contestants with even contestant numbers.
17.2 Odds & evens pool dividends
17.2.1 Investment pool, jackpot pool and odds & evens dividend pool
(a) All money invested on an odds & evens totalizator is to be paid into an investment pool for that odds & evens totalizator
(b) For each odds & evens totalizator there is to be a jackpot pool into which must be paid any amounts which, under clause 17.2.2(b)(i), 17.2.3, clause 17.2.5(d) or clause 17.2.6(d) are required to be carried forward to the jackpot pool of that odds & evens totalizator.
(c) For each odds & evens totalizator there is to be an odds & evens dividend pool into which is to be paid:
(i) the money invested in the investment pool for the odds & evens totalizator under clause 17.2.1(a) (less any other amounts deducted in accordance with the definition of 'dividend pool' in clause 1.5); and
(ii) any amount in the jackpot pool for that odds & evens totalizator.
17.2.2 Distribution of odds & evens dividend pool
(a) If there are 2 or more finishers in an odds & evens race, the odds & evens dividend pool is (except to the extent otherwise provided in these rules) to be divided among the investors who correctly select the contingency that the contestant numbers of the first two place getters in the race:
(i) Are both odd numbers ("odds contingency");
(ii) Are both even numbers ("evens contingency"); or
(iii) Are an even number and an odd number (" split contingency"),
(each, an "odds & evens contingency").
(b) If there is only 1 finisher in an odds & evens race:
(i) the jackpot pool for that odds & evens race is carried forward to the jackpot pool for the odds & evens totalizator conducted on the succeeding odds & evens race; and
(ii) the remainder of odds & evens dividend pool is to be refunded to investors.
17.2.3 Unbacked winning odds & evens contingency
If there is only 1 winning odds & evens contingency and that contingency is not backed, the odds and evens dividend pool is carried forward to the jackpot pool for the odds and evens totalizator conducted on the succeeding odds and evens race.
17.2.4 Dead-heat for first place between 2 finishers
If 2 finishers dead-heat for first place, the dividend pool is to be divided among investors who selected the winning odds & evens contingency of those 2 finishers.
17.2.5 Dead-heat for first place between 3 or more finishers
If 3 or more finishers dead-heat for first place:
(a) the dividend pool is to be divided into as many parts as there are winning odds & evens contingencies (having regard to the finishers that finished in the dead-heat); and
(b) a part is allotted to each winning odds & evens contingency; and
(c) for each backed winning odds & evens contingency, the part is to be divided among the investors on the combination to which the part is allotted; and
(d) for each unbacked winning odds & evens contingency, the part is to be carried forward to the jackpot pool for the odds & evens totalizator conducted on the succeeding odds & evens race.
17.2.6 Dead-heat for second place between 2 or more finishers
Provided there is no dead-heat for first place, if 2 or more finishers dead-heat for second place:
(a) the dividend pool is to be divided into as many parts as there are winning odds & evens contingencies (having regard to both the winner of the race and the finishers that finished in the dead-heat); and
(b) a part is allotted to each winning odds & evens contingency; and
(c) for each backed winning odds & evens contingency, the part is to be divided among the investors on the combination to which the part is allotted; and
(d) for each unbacked winning odds & evens contingency, the part is to be carried forward to the jackpot pool for the odds & evens totalizator conducted on the succeeding odds & evens race.
18. MERGED POOL
18.1 Merged Pool
TAB may, by order or in writing, declare a merged pool, combining totalizators on the same races, or combinations of races.
For the purposes of these rules, the merged pool is to be applied to:
18.2 Opening and termination of merged pools
A merged pool totalizator must not be opened if the number of contestants for the race is less than the minimum required for any of the totalizators included in the merged pool; and
must be terminated if the number of contestants in the race falls below the minimum required for all of the totalizators included in the merged pool at any time or, if there are not enough finishers in the race, for all of the totalizators included in the merged pool.
(b) If any of the totalizators included in the merged pool are terminated as a result of clause (a), that investment pool shall be removed from the merged pool.
(c) If all but one of the totalizators in the merged pool is removed, the remaining totalizator shall operate stand-alone according to the totalizator rules for that totalizator and the merged pool shall no longer operate .
(d) In the event that, for reasons beyond the reasonable control of the TAB, the software used to process the merged pool is unavailable, TAB will de-merge the merged pool and calculate dividends for each totalizator previously in the merged pool as a standalone pool.
18.3 Merged pool dividends
18.3.1 Investment pool, jackpot pool and merged dividend pool
(a) All money invested on a merged pool is to be paid into an investment pool for that merged pool.
(b) For each merged pool there is to be a merged dividend pool into which is to be paid:
(i) money invested in the investment pool for the merged pool under clause 18.3.1 (less any other amounts deducted in accordance with the definition of 'dividend pool' in clause 1.5); and,
(ii) the pool guarantee shortfall (if any) for that merged pool totalizator.
18.3.2 Distribution of merged dividend pool
(a) If there are enough finishers in a merged pool, the merged dividend pool is (except to the extent otherwise provided in these rules) to be divided among the dividend pools for each totalizator within the merged pool in proportion to each totalizator's net investment on the combination(s) comprising the winning combination for the totalizator with the lowest number of potential outcomes (" winning merged pool combination").
(b) In the event that there is no investment in the winning merged pool combination in any of the totalizators included in the merged pool, the merged pool will be distributed to the jackpot pools for each totalizator in proportion to the total investment in the merged pool which is attributable to that totalizator.
18.3.3 Multiple merged pool winning combinations
In the event there are multiple winning merged pool combinations, due to reduced finishers, dead heats, or for any other reason:
(a) the merged dividend pool is to be divided into as many equal parts as there are combinations in respect of which a dividend is to be distributed under clause 18.3.2; and
(b) each part is divided across each totalizator within the merged pool based on the winning investment on the winning merged pool combination for each totalizator, and
(c) for each backed combination, the part is to be divided among the investors on that backed combination to which the part is allotted; and
(i) for each unbacked combination of the anchor totalizator the part is to be carried forward in accordance with clause 9.3.4(a) or 18.3.5(b) and:
(ii) for each unbacked combination of the other totalizators in the merged pool, the part is incorporated into the parts for the backed totalizators in the merged pool.
18.3.4 Distribution of individual totalizator dividend pool
The individual totalizator dividend pool is distributed according to the relevant totalizator rules for that totalizator. For each individual totalizator dividend pool there is to be a jackpot pool into which must be paid:
(i) any amounts which, under the relevant totalizator rules, are required to be carried forward to the jackpot pool of that totalizator; and
(ii) the seeded jackpot amount (if any) for that totalizator.
18.3.5 Winning combination not backed or not backed to equivalent of unit of investment
Notwithstanding anything else in these rules, where the total of all amounts invested for one or more totalizator within a merged pool on the winning merged pool combination is less than a unit of investment for that totalizator in a merged pool or if a winning merged pool combination is not backed:
(a) only the amount of the individual dividend pool for that totalizator determined in accordance with the following formula will be distributed among the investors on the winning combination for that totalizator:
where:
da is the total amount of the individual dividend pool for that totalizator which is to be distributed among the investors on the winning combination for that totalizator;
di is the total amount which would be distributed to investors on the winning combination for that totalizator under clause 18.3.5 if the total of all amounts invested in the individual totalizator on the winning combination for that totalizator was not less than a unit of investment for that individual totalizator so that this clause 18.3.5 did not apply. Where the winning combination for that totalizator is not backed, di excludes any amount in the jackpot pool for that individual totalizator under clause 18.3.4(i) and excludes any pool guarantee shortfall for that individual totalizator under clause 18.3.1(b)(ii);
ai is the total of all amounts (if any) invested in the individual totalizator on the winning combination for that totalizator; and
ui is the unit of investment for the individual totalizator; and
(b) there is to be carried forward and paid into the jackpot pool for the individual totalizator conducted on the succeeding race an amount calculated in accordance with the following formula:
cf = di-da
where:
cf is the amount carried forward and paid into the jackpot pool for the individual totalizator conducted on the succeeding individual totalizator race;
di has the meaning given to that term in clause 18.3.5(a); and
da is the total amount of the individual totalizator dividend pool which is to be distributed among the investors on the winning combination for that totalizator as determined in accordance with clause 18.3.5(a).
19. PARLAY BETTING
19.1 Establishment of parlay betting records
On the request of a person, TAB, or on-course totalizator, may establish a parlay betting record to enable the person to make parlay cash bets, telephone bets or device bets.
19.2 Races to which parlay bets relate
19.2.1 A parlay bet may be made in respect of:
(a) races on which a win and place totalizator or quinella totalizator is operating; or
(b) any other race totalizators as determined by TAB from time to time.
19.2.2 At the time of placing a parlay investment, the investor will determine the formula number that is to be applied to that bet, which must be a whole number, not less than 1 and not greater than the total number of races in the bet.
19.2.3 The maximum number of races in respect of which any one parlay bet may be made is to be as determined by TAB, or racing club conducting an on-course totalizator as applicable.
19.2.4 TAB, or racing club (as applicable) may limit the races in respect of which any one parlay bet may be made to races at the same race meeting or in any other manner as they may determine.
19.3 Dividends and refunds on parlay bets
19.3.1 Money to the credit of a parlay betting record must be transmitted to the win and place totalizator, or quinella totalizator (or other class of totalizator on which the bet is required) for the next race to which the parlay bet relates.
19.3.2 Any dividend or refund for a parlay bet must be collected by TAB, or racing club, and credited to the parlay betting record for the bet.
19.3.3 After a dividend is paid in accordance with these rules on the second or any subsequent race or event to which a parlay bet relates, the amount to be credited to the parlay betting record for the bet is to be calculated as follows:
where:
"A" represents the amount to be credited;
"C" represents the amount credited to the parlay betting record in respect of the previous race to which the parlay bet relates;
"D" represents the dividend declared for the minimum unit of investment in respect of the second or subsequent race;
"U" represents the minimum bet for that race.
19.3.4 In calculating the amount to be credited pursuant to clause 19.3.3 to a parlay betting record:
(a) fractions of cents will be disregarded; and
(b) minimum dividend provisions apply to the calculation of the amount to be credited in the same way as they apply to the calculated amount referred to in those provisions.
19.3.5 The balance standing to the credit of a parlay betting record after the last race to which the parlay bet relates:
(a) in the case of a parlay cash betting record, must be paid to the person concerned as if the bet were a cash bet; or
(b) in the case of a parlay telephone or device betting record, must be paid into the betting account of the person concerned.
19.3.6 Any money that is paid as a dividend or refund in accordance with the Act, and that remains unallocated after the calculation of the amounts payable under this clause 19.3, is to be allocated in accordance with Part 6 of the Act.
19.4 Races postponed or run out of sequence
In the event that a race to which a parlay bet relates is postponed or is run out of the sequence, TAB, or racing club conducting an on-course totalizator, must treat the race for the purposes of the parlay bet as an abandoned race.
20. WAGERING ON USA RACING EVENTS
20.1 Application
20.1.1 This clause applies to totalizators conducted by TAB on events scheduled to be held at a race meeting on any racecourse in the United States of America ("a USA racing event") and does not apply to any totalizator conducted by TAB on any other event.
20.1.2 In relation to any totalizator conducted by TAB on a USA racing event, this clause prevails over any other provision of these rules to the extent of any inconsistency.
20.2 Definitions for USA racing events
In this clause:
"coupled entry" means a single wagering interest involving 2 or more contestants entered in the same USA racing event and joined for TAB totalizator betting purposes either:
(a) because of common ties as to ownership or training; or
(b) as a field entry in circumstances where TAB has not exercised its discretion under clause 20.3.3 to ignore field entries,
so that a wager on 1 contestant joined in a coupled entry is a wager on all contestants joined in the same coupled entry on the basis set out in these rules;
"field entry" means two or more horses coupled for the purposes of USA totalizator betting on a USA racing event as a result of the number of contestants (counting for this purpose horses in a coupled entry as a result of common ties as to ownership or training as a single contestant) exceeding the stated capacity of the relevant USA totalizator;
"official USA order of finish" means that when satisfied that the order of finish is correct, that all timely objections have been addressed, and that the race has been properly run in accordance with the rules and regulations of the applicable authority, the stewards will order that the official USA order of finish be confirmed and the official sign posted for the race;
"single wagering interest" means any one contestant in a race, or two or more contestants bracketed as a single TAB totalizator number as for a coupled entry;
"timely objections" means a claim of interference or other foul by a jockey, driver, trainer or owner of a horse who has reasonable grounds to believe that his or her horse was interfered with or impeded or otherwise hindered during the running of the race, or that any riding or driving rule was violated by any other jockey, driver or horse during the running of the race. Such objections must be made immediately with the clerk of scales, the stewards or their delegate before official USA order of finish has been declared. The stewards may thereupon hold an inquiry into the running of the race.
20.3 Declaration of placings
20.3.1 In this clause a reference to the first, second, third, fourth, fifth or sixth placed finisher in a race is a reference to the contestant declared by stewards in the official USA order of finish to be the first, second, third, fourth, fifth or sixth placed finisher in the race except as provided for in a race where field entries apply.
20.3.2 If more than one contestant in a coupled entry is placed or dead- heats in a USA racing event, only the highest placed finisher of the contestants in that coupled entry will be counted as a placing for the purposes of TAB totalizator betting and the other contestants in that coupled entry will be disregarded for the purposes of determining other placings in that USA racing event.
20.3.3 TAB at its discretion may ignore field entries and treat each contestant in field entries as a separate TAB totalizator betting contingency.
20.3.4 Except where field entries are required, the decision of the stewards as to the official USA order of finish is final for TAB betting purposes. Where field entries apply, TAB may subject to clause 20.3.2, declare dividends based on the actual finishing order across the line.
20.3.5 No rulings of the stewards or controlling body regarding the order of finish or any award of prize money after the result of the race has been declared official will affect TAB totalizator payout.
20.3.6 The scratching or withdrawal of one or more contestants from a coupled entry will have no effect on any wagers made on a coupled entry provided that at least one contestant in the coupled entry is declared a starter in the race.
20.4 Bracketed contestants
20.4.1 This clause applies to win and place, quinella, exacta, trio, trifecta, exact 2nd and doubles totalizators conducted on USA racing events.
20.4.2 If there are contestants in a coupled entry in a USA racing event, TAB may create a sufficient number of brackets to cause each of the couplings to constitute a single totalizator number.
20.4.3 For the purpose of apportionment of dividends, a placegetter identified on the totalizator by a bracket number as a result of a coupled entry, is to be treated as a single wagering interest.
20.4.4 In a USA racing event to which clause 20.4.2 applies, where two or more finishers in the coupled entry are placed or dead-heat, they are to be treated as a single finisher and only the highest placed finisher of the contestants in that coupled entry is to be counted for the purposes of TAB totalizator betting and the other contestants in that coupled entry will be disregarded for the purposes of determining other placings in that USA Racing Event.
21. FOOTYTAB
21.1 Commission deduction
Money invested on a totalizator conducted by TAB on one or more declared betting events will be subject to a Commission deduction and to the deduction of other amounts deducted in accordance with the definition of 'dividend pool' in clause 1.5. The commission for a footyTAB totalizator is subject to clause 22.
21.2 Definitions for footyTAB
In this clause 21,
"away team" means the team that appears last in the match description published by the controlling body (e.g. home team vs. away team);
"Double and Xtra Double" consists of a schedule of two matches in which fifteen possible margins between the number of points scored by the two teams in each match are offered;
"final score" means the number of points scored by each team at the conclusion of normal time for a match, and will not take into account any extra time played to negate a draw;
"forfeit" means the term applied to an individual or team failing to either compete in or complete the contest;
"game" means a match, or a schedule of matches nominated by TAB for the purpose of investments and which is known as either "Pick The Winners ", "Pick the Margins", "Pick The Score", "Double", Xtra Double", "Half/Full Double", "Half/Full Xtra Double", "Quad", "Quarter Quad", "Tip 8", "Tip 7" or "Win";
"Half/Full Double and Half/Full Xtra Double" consist of a schedule of two halves of a match in which fifteen possible margins between the number of points scored by the two teams are offered for each of the halves of that match;
"home team" means the team that appears first in the match description published by the controlling body (e.g. home team vs. away team);
"leading team" means the team that has a progressive score in excess of the opposing team;
"losing team" means in respect of Pick The Score, the team acquiring the lower number of points scored in each match;
"match" means a contest between two sporting teams where one is designated the home team and the other the away team;
"Pick the Margins" consists of a schedule of matches in which five possible margins between the number of points scored by the two teams in normal time in each match are offered;
"Pick The Score" consists of a match in which final score options are offered;
"Pick The Winners" consists of a schedule of matches in which one team in each match is allotted a points start;
"points" will also mean goals where the word "goals" is used to describe the scoring in any particular sport;
"points start" means the number to be added to the team's final score for the purposes of assessing the winning team;
"Quad" consists of a schedule of four matches in which fifteen possible margins between the number of points scored by the two teams in each match are offered;
"Quarter Quad" consists of a schedule of four quarters of a match in which fifteen possible margins between the number of points scored by the two teams are offered for each of the quarters of that match;
"score range" means a defined range of points as shown in Appendix 3 from which the investor may make a selection for Pick the Margins, Win, Double, Xtra Double, Half/Full Double, Half/Full Xtra Double, Quad and Quarter Quad games;
"Tip 7" consists of a schedule of seven matches in which a home team and away team selection in each match is offered;
"Tip 8" consists of a schedule of eight matches in which a home team and away team selection in each match is offered;
"Win" consists of a match in which ten possible margins between the number of points scored by the two teams for the match are offered;
"winning margin" means the difference between the progressive scores of the two teams in a match at quarter time, half time, three quarter time, or the final score, as the case may be;
"winning team" - means:
(a) in respect of Pick The Winners, the team acquiring the higher number of points after the addition of the points start to the number of points scored in each match; or
(b) in respect of Pick the Margins, the team, or teams in the case of a drawn result, with the winning margin in each match; or
(c) in respect of Pick The Score, the team acquiring the higher number of points scored in each match; or
(d) in respect of Win, Double, Xtra Double and Quad the team, or teams in the case of a drawn result, with the winning margin in each match; or
(e) in respect of Half/Full Double and Half/Full Xtra Double, the team, or teams in the case of a drawn result, with the winning margin at half time in the match and the winning margin at the conclusion of the match; or
(f) in respect of Quarter Quad, the team, or teams in the case of a drawn result, with the winning margin at each respective quarter of the match and the winning margin at the conclusion of the match; or
(g) in respect of Tip 7 or Tip 8, the team, or teams in the case of a drawn result, which is declared to be the winner of the match.
21.3 Games, investments, refunds and results
21.3.1 The object of the game is to select the winning teams in each of the matches which are included in that game or in the case of Pick the Score, to select the final score for the home team and away team respectively.
21.3.2 To invest on the game, the investor is required to forecast the result of each of the matches in that game, marking each forecast on an entry form so that the minimum number of forecasts made by an investor corresponds with the number of matches in the game or in the case of "Pick the Score", a minimum of one final score.
21.3.3 TAB may include in any game the matches it considers appropriate.
21.3.4 TAB may appoint any persons it deems necessary to assess the points start and winning margins to be allotted for the purpose of the games.
21.3.5 (a) Where a match in a Pick the Winners, Pick the Margins or Pick The Score is abandoned or postponed to another date, the result of the game will be declared and the dividend calculated on those matches completed; provided however that if a match is subsequently completed prior to midnight on the date on which the last match for that round was originally scheduled, then the result of the game may be declared on that day.
(b) A Pick the Winners, Pick the Margins or Pick The Score game will be terminated and refunds will be made to all investors where:
(i) all the matches in the game are abandoned or postponed to another date; or
(ii) in respect of Pick the Winners or Pick the Margins, less than three matches in the game are completed prior to midnight on the date on which the last match for that round was originally scheduled.
21.3.6 Where any match in a Quad, Tip 8 or Tip 7 game is cancelled, postponed or abandoned, regardless of whether the match is replayed, all selections on that match shall be deemed to be selections on the winning team, and the Quad, Tip 8 or Tip 7 pools shall be divided in accordance with clauses 21.3.25, 21.3.27 and 21.3.28 respectively.
21.3.7 Where all matches in a Quad, Tip 8 or Tip 7 game are cancelled, postponed or abandoned, regardless of whether the matches are re-played, all investments on the game shall be refunded. However, the investments refunded will not include any money carried from a previous Quad, Tip 8 or Tip 7 game and any such money shall be added to and form part of a subsequent Quad, Tip 8 or Tip 7 game pool.
21.3.8 Where the first match in a Double or Xtra Double game is cancelled, postponed or abandoned, regardless of whether the match is re-played, a dividend shall be determined on the result of the second match in the game whereby the dividend pool will be divided among investors in the following order of priority:
(a) investors selecting any selection in the first match of that game and the winning team in the second match of that game;
(b) investors selecting any selection in the first match of that game and the team which is declared the winner together with the score range or ranges nearest to the winning team in the second match of that game.
21.3.9 Where the second match in a Double or Xtra Double game is cancelled, postponed or abandoned, regardless of whether the match is replayed, a dividend shall be determined on the result of the first match in the game whereby the dividend pool will be divided among investors in the following order of priority:
(a) investors selecting any selection in the second match of that game and the winning team in the first match of that game;
(b) investors selecting any selection in the second match of that game and the team which is declared the winner together with the score range or ranges nearest to the winning team in the first match of that game.
21.3.10 Where both matches of a Double or Xtra Double game are cancelled, postponed or abandoned, regardless of whether any match is replayed, all investments on that Double or Xtra Double game shall be refunded to the investors.
21.3.11 Where the match of a Win game is cancelled, postponed or abandoned, regardless of whether the match is replayed, all investments on that Win game shall be refunded to the investors.
21.3.12 Where the match of a Quarter Quad, Half/Full Double or Half/Full Xtra Double game is cancelled, postponed or abandoned, regardless of whether the match is replayed, all investments on that Quarter Quad, Half/Full Double or Half/Full Xtra Double game shall be refunded to the investors.
21.3.13 In the event of one of the teams in a match forfeiting the match, the opposing team will be deemed the winning team encompassing all of the winning margins offered for that team. In the case of "Pick the Score" investors will be eligible for a refund in accordance with these rules.
21.3.14 Subject to this clause 16, the relevant dividend pool for the game is to be divided among those investors selecting the winning team in all matches, halves or quarters in the game, as the case may be, or in the case of" Pick the Score", the final scores for both the home team and the away team.
21.3.15 For the purposes of clause 16, a draw is not a score range for the purpose of conducting countbacks for Double, Xtra Double, Half/Full Double, Half/Full Xtra Double, Quad and Quarter Quad.
21.3.16 Where, as the result of a draw in the match in a Win game, investors on two selections become entitled to a dividend:
(a) the dividend pool shall be divided into two equal parts; and
(b) each part will be treated separately; and
(c) dividends shall be calculated by dividing each part amongst the investors on each backed selection.
21.3.17 Where, in a match a draw occurs, both competitors shall be deemed as winners for the purposes of determining which selections are the winning team. Subject to clause 21.3.18, where as a result of a draw in any match in a Tip 8 or Tip 7 game investors on two or more combinations become entitled to a dividend:
(a) the dividend pool shall be divided into as many equal parts as there are backed combinations; and
(b) each part will be treated separately; and
(c) dividends shall be calculated by dividing each part amongst the investors on each backed combination.
21.3.18 Where draws occur in more than four matches, resulting in there being more than sixteen potential winning combinations in a Tip 8 or Tip 7 game, for the purpose of declaration of dividends the dividend pool shall be divided equally amongst the investors on each backed combination.
21.3.19 In the event no investor selects the winning team in all matches in "Pick the Winners", the dividend pool will be divided among investors who select the winning team in the most number of matches in the game.
21.3.20 In the event no investor selects the winning team in all matches in "Pick the Margins", the relevant dividend pool will continue to carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all matches in the game; or
(b) TAB determines a schedule of matches to be the last of the season whereby payout may be divided among those investors selecting the most number of winning matches in the game.
21.3.21 In the event no investor selects the final score, not being a drawn match, in respect of Pick the Score, the dividend pool will be divided among investors in the following order of priority:
(a) Investors selecting the winning team's score and the losing team's score plus or minus one point.
(b) Investors selecting the winning team's score plus or minus one point and the losing team's score.
(c) Investors selecting the winning team's score plus or minus one point and the losing team's score plus or minus one point.
(d) Investors selecting the winning team's score and the losing team's score plus or minus two points.
(e) Investors selecting the winning team's score plus or minus two points and the losing team's score.
(f) Investors selecting the winning team's score plus or minus one point and the losing team's score plus or minus two points.
(g) Investors selecting the winning team's score plus or minus two points and the losing team's score plus or minus one point.
(h) Investors selecting the winning team's score plus or minus two points and the losing team's score plus or minus two points.
(i) Investors selecting the winning team's score and the losing team's score plus or minus three points.
(j) Investors selecting the winning team's score plus or minus three points and the losing team's score.
(k) Investors selecting the winning team's score plus or minus one point and the losing team's score plus or minus three points.
(l) Investors selecting the winning team's score plus or minus two points and the losing team's score plus or minus three points.
(m) Investors selecting the winning team's score plus or minus three points and the losing team's score plus or minus one point.
(n) Investors selecting the winning team's score plus or minus three points and the losing team's score plus or minus two points.
(o) Investors selecting the winning team's score plus or minus three points and the losing team's score plus or minus three points.
(p) Investors selecting the winning team's score and any score for the losing team.
(q) Investors selecting any score for the winning team and the losing team's score.
(r) Investors selecting any score for either team.
21.3.22 In the event no investor selects the final score of a drawn match in respect of Pick the Score, the dividend pool will be divided among investors in the following order of priority:
(a) Investors selecting a drawn result being the home team's score plus or minus one point and the away team's score plus or minus one point.
(b) Investors selecting a drawn result being the home team's score plus or minus two points and the away team's score plus or minus two points.
(c) Investors selecting a drawn result being the home team's score plus or minus three points and the away team's score plus or minus three points.
(d) Investors selecting the home team's score and the away team's score plus or minus one point.
(e) Investors selecting the home team's score plus or minus one point and the away team's score.
(f) Investors selecting the home team's score plus or minus one point and the away team's score plus or minus one point, not being a drawn result selection.
(g) Investors selecting the home team's score and the away team's score plus or minus two points.
(h) Investors selecting the home team's score plus or minus two points and the away team's score.
(i) Investors selecting the home team's score plus or minus one point and the away team's score plus or minus two points.
(j) Investors selecting the home team's score plus or minus two points and the away team's score plus or minus one point.
(k) Investors selecting the home team's score plus or minus two points and the away team's score plus or minus two points, not being a drawn result selection.
(l) Investors selecting the home team's score and the away team's score plus or minus three points.
(m) Investors selecting the home team's score plus or minus three points and the away team's score.
(n) Investors selecting the home team's score plus or minus one point and the away team's score plus or minus three points.
(o) Investors selecting the home team's score plus or minus two points and the away team's score plus or minus three points.
(p) Investors selecting the home team's score plus or minus three points and the away team's score plus or minus one point.
(q) Investors selecting the home team's score plus or minus three points and the away team's score plus or minus two points.
(r) Investors selecting the home team's score plus or minus three points and the away team's score plus or minus three points, not being a drawn result selection.
(s) Investors selecting the home team's score and any score for the away team.
(t) Investors selecting any score for the home team and the away team's score.
(u) Investors selecting any score for either team.
21.3.23 Subsection (3) of the minimum dividend provisions set out in Appendix 1 does not apply in respect to dividends under these rules for declared betting events.
21.3.24 In the event no investor selects the winner in a Win game, the dividend pool will be refunded to investors.
21.3.25 In the event no investor selects the winning team in all matches in a Quad game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all matches in the game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the winning teams in any three matches in the game and the team which is declared the winner of the other match in the game irrespective of score range;
(ii) investors selecting the winning teams in any two matches in the game and the teams which are declared the winners of the other two matches in the game irrespective of score range;
(iii) investors selecting the winning team in any match of the game and the teams which are declared the winners of the other three matches in the game irrespective of score range;
(iv) investors selecting the teams which are declared the winners in each of the four matches in the game, irrespective of score range;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors.
21.3.26 In the event no investor selects the winning team in all four quarters of a Quarter Quad game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all four quarters of the match in a game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the winning team at the end of each of the first three quarters of the match, and the team that is declared the winner at the end of the fourth quarter in the match, irrespective of score range;
(ii) investors selecting the winning team at the end of each of the first three quarters of the match, and any selection in the fourth quarter in the match;
(iii) investors selecting the winning team at the end of each of the first two quarters of the match, the team that is leading at the end of the third quarter of the match, irrespective of score range, and the team that is declared the winner at the end of the fourth quarter in the match, irrespective of score range;
(iv) investors selecting the winning team at the end of the first quarter of the match, the teams that are leading at the end of the second and third quarters of the match, irrespective of score range, and the team that is declared the winner at the end of the fourth quarter in the match, irrespective of score range;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors.
21.3.27 In the event no investor selects the winning team in all matches in a Tip 8 game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all matches in the game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the winning team in any seven matches;
(ii) investors selecting the winning team in any six matches;
(iii) investors selecting the winning team in any five matches;
(iv) investors selecting the winning team in any four matches;
(v) investors selecting the winning team in any three matches;
(vi) investors selecting the winning team in any two matches;
(vii) investors selecting the winning team in any match;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors. Any previously carried forward jackpot will carry forward to the next round of betting.
21.3.28 In the event no investor selects the winning team in all matches in a Tip 7 game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all matches in the game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the winning team in any six matches;
(ii) investors selecting the winning team in any five matches;
(iii) investors selecting the winning team in any four matches;
(iv) investors selecting the winning team in any three matches;
(v) investors selecting the winning team in any two matches;
(vi) investors selecting the winning team in any match;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors. Any previously carried forward jackpot will carry forward to the next round of betting.
21.3.29 In the event no investor selects the winning team in all matches in a Double or Xtra Double game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in all matches in the game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the team which is declared the winner and the score range or ranges closest to the winning team in the match that TAB specifies to be the first match of the game, and the winning team in the match that TAB specifies to be the second match of the game;
(ii) investors selecting the team which is declared the winner and the score range or ranges closest to the winning team in the match that TAB specifies to be the second match of the game, and the winning team in the match that TAB specifies to be the first match of the game;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors. Any previously carried forward jackpot will carry forward to the next round of betting.
21.3.30 In the event no investor selects the winning team in both halves of a Half/Full Double or Half/Full Xtra Double game, the dividend pool will carry forward to the next round of betting until:
(a) the dividend pool can be divided among those investors selecting the winning team in both halves of the match in a game; or
(b) TAB determines the dividend pool shall not carry forward to the next round of betting whereby the dividend pool will be divided among investors in the following order of priority:
(i) investors selecting the team that is leading and the score range or ranges closest to the winning team in the first half of the match and the winning team in the second half of the match;
(ii) investors selecting the team that is leading and the score range or ranges closest to the winning team in the second half of the match and the winning team in the first half of the match;
and if none of these alternative combinations has been selected, the dividend pool shall be refunded to the investors. Any previously carried forward jackpot will carry forward to the next round of betting.
21.3.31 (a) In the event of any match extending into extra time in accordance with the rules governing the particular contest, TAB will not take into account any points scored during that period for the purposes of determining the result of the match.
(b) TAB will not take into account any points scored during a penalty shootout for the purposes of determining the result of the match.
21.3.32 In the event of any match being replayed for any reason clause 3.3.2(b) applies.
21.3.33 Winning Combination not backed to equivalent of unit of investment.
(a) Subject to clause 21.3.33(b), where the total of all amounts invested in a Pick the Margins totalizator on a combination in respect of which a dividend is to be distributed among investors under this clause ("winning Pick the Margins combination") is less than a unit of investment for that Pick the Margins totalizator and TAB has declared there is a Pick the Margins totalizator scheduled on the next round of betting:
(i) only the amount of the Pick the Margins dividend pool determined in accordance with the following formula will be distributed among the investors on the winning Pick the Margins combination:
where:
da is the total amount of the dividend pool which is to be distributed among the investors on the winning Pick the Margins combination;
di is the total amount which would be distributed to investors on the winning Pick the Margins combination under this clause if the total of all amounts invested in the Pick the Margins totalizator on the winning Pick the Margins combination was not less than a unit of investment for that Pick the Margins totalizator so that this clause 21.3.33 did not apply;
ai is the total of all amounts invested in the Pick the Margins totalizator on the winning Pick the Margins combination; and
ui is the unit of investment for the Pick the Margins totalizator; and
(ii) there is to be carried forward and paid into the jackpot pool for the Pick the Margins totalizator conducted on the next round of betting declared by TAB an amount calculated in accordance with the following formula:
cf = di-da
where:
cf is the amount carried forward and paid into the jackpot pool for the Pick the Margins totalizator conducted on the next round of betting declared by TAB;
di has the meaning given to that term in clause 21.3.33 (a)(i); and
da is the total amount of the dividend pool which is to be distributed among the investors on the winning Pick the Margins combination as determined in accordance with clause 21.3.33(a)(i).
(b) where the total of all amounts invested in a Pick the Margins totalizator on a combination in respect of which a dividend is to be distributed among investors under this clause (" winning Pick the Margins combination") is less than a unit of investment for that Pick the Margins totalizator and there is no Pick the Margins totalizator scheduled on the next round of betting, the full dividend pool is to be distributed amongst the investors on the winning Pick the Margin combination.
22. COMMISSION DEDUCTIONS
22.1 Relevant maximum percentage of commission
22.1.1 The relevant maximum percentage of the Commission deducted is set out in the table below.
22.2 Commission Rate Table
22.2.1 The amounts prescribed in the table below are expressed as a percentage of the total amounts invested in the class or description of the totalizator concerned and, in accordance with Part 6 of the Act.
|
Class/Description
|
Commission Rate
(when not hosting international pools)
|
Commission Rate
(when hosting international pools)
|
Commission
Rate
(when guesting into Hong Kong Jockey Club pools)
|
|
Win
|
14.5%
|
14.5%
|
17.5%
|
|
Place
|
14.25%
|
14.25%
|
17.5%
|
|
Exact 2nd
|
14.5%
|
14.5%
|
N/A
|
|
Odds & Evens
|
7%
|
7%
|
N/A
|
|
Quinella
|
17.50%
|
25%
|
17.5%
|
|
Exacta
|
20%
|
25%
|
N/A
|
|
Trio
|
21%
|
25%
|
N/A
|
|
Trifecta
|
21%
|
25%
|
25%
|
|
Doubles
|
20%
|
25%
|
17.5%
|
|
First 4
|
22.5%
|
25%
|
N/A
|
|
Treble
|
20%
|
25%
|
N/A
|
|
Quaddie
|
20%
|
25%
|
N/A
|
|
Duet
|
14.5%
|
25%
|
17.5%
|
|
footyTab
|
25%
|
25%
|
N/A
|
|
BIG6
|
25%
|
25%
|
N/A
|
"the calculated amount", in relation to an event or contingency in relation to which a totalizator was used, means the amount which would, but for subsections (3), (5) and (6), be payable by way of dividend in respect of that event or contingency;
"the payable dividend", in relation to an event or contingency in relation to which a totalizator was used, means the amount to be paid by way of dividend in respect of that event or contingency.
(2) Subject to subsections (3) and (5), the calculated amount in relation to an event or contingency in relation to which a totalizator was used shall, after any adjustment required to be made by subsection (6), be the payable dividend in relation to that event or contingency.
(3) Subject to subsection (4), where the calculated amount in respect of an event or contingency in relation to which a totalizator was used is:
(a) equal to or less than the unit of investment for that event or contingency; or
(b) more than that unit but less than the sum of that unit and 5 cents, the payable dividend shall be an amount equal to one hundred and four per centum of that unit ("minimum dividend").
(i) 2 or more starters fill a place (including first place) in the event or contingency; and
(ii) a pool or part of a pool (ascertained in respect of that place in accordance with this Act, the regulations or the rules) is required to be divided among the starters filling that place; or
(b) if as a result of subsection (3) the dividend payable on a further contingency or contingencies would also be subject to subsection (3) and the total amount of dividends payable would exceed the total amount paid into the pool (less any amounts refundable); or
(c) to a win and place, quinella, exacta, duet, trio, trifecta, first 4, doubles, quaddie, treble, exact 2nd or odds & evens totalizator if the total amount of the dividends payable in accordance with the rules for that type of totalizator would exceed the total amount paid into the totalizator (less any amounts refundable to investors); or
(i) if the total money invested on any one of the placed contestants in respect of which a dividend is payable under clause 5.3 of the rules (place pool 2 dividend race) is more than 50% of the sum of the place pool and any amount deducted as Commission; or
(ii) if the total money invested on any one of the placed contestants in respect of which a dividend is payable under clause 5.4 of the rules (place pool 3 dividend race) is more than 40% of the sum of the place pool and any amount deducted as Commission; or
(e) to the duet pool of a duet totalizator if the total money invested on any combination in respect of which a dividend is payable under clause 12.2 of the rules is more than 40% of the sum of the duet pool and any amount deducted as Commission; or
(f) where the Rules provide that subsection (3) of the minimum dividend provisions does not apply.
(5) In any circumstances referred to in subsection (4), where the calculated amount in respect of an event or contingency in relation to which a totalizator was used is less than the unit of investment for that event or contingency, the payable dividend in respect of that event or contingency shall, except in respect to BIG6 dividends, be an amount equal to that unit.
(6) If, had this subsection not been enacted, the calculated amount would have been, by reason of the operation of subsection (2), the payable dividend in relation to any event or contingency, then:
(a) where the unit of investment for that event or contingency is fifty cents or one dollar and the calculated amount includes a number of cents that comes within a description specified in the first column of the table to this subsection, that number shall be regarded as the number of cents specified opposite that description in the second column of that table; or
(b) where the unit of investment for that event or contingency is any other amount and the calculated amount includes a fraction of a dollar, that fraction shall be dealt with as prescribed by the rules under this Act, and the calculated amount shall be adjusted accordingly.
(7) Where by reason of subsection (3) there is insufficient money for payment of the dividends in respect of the event or contingency in respect of which a totalizator was used, the deficiency shall be paid by TAB.
Adjustment for late cancellation of bets (bad sales) made in accordance with rule 2.6.5 "Cancellation for errors on betting tickets" actioned after close of betting and transmission of final collations to TAB and up to the declaration of "all clear" or "correct weight", will be accepted on the condition that such bad sales are not less than the following amounts for any one bet:
Trio, Trifecta, First 4, Quaddie, Treble, BIG6, FootyTAB Exact 2nd and Odds & Evens - No Limit