Settlement of bets
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- Subject to the other provisions of these General Rules, bets are settled according to the displayed odds/prices at the time the bet is confirmed. For Horse and Greyhound racing only, if prices/odds are not offered or requested, bets are settled at Starting Price returns.
- Bets are settled to Win unless "Each Way" is requested.
- For Ante Post events on which Each Way bets are accepted, settlement will be based on the odds and place terms applicable when the bet is taken.
- In the case of daily events, such as horse racing, the Each Way terms will be determined by the number of runners that have taken part.
- For the purpose of calculation, Each Way Doubles, Trebles etc., are settled as two distinct bets i.e. win on to win and place on to place.
- In a DEAD HEAT the stake money on a selection is divided by the number of runners involved in the dead heat. The full odds are then paid to the divided stake, with the remainder of the stake money being lost.
- Where a selection is made void or does not run, then in Single bets the stake will be returned. In accumulative bets the stake will run on to the remaining selection(s) with a Double becoming a Single, a Treble becoming a Double and so on.
- If any bet is understaked it will be settled in proportion to the stakes paid.