Tasmanian Numbered Regulations

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RACING REGULATION AND INTEGRITY REGULATIONS 2024 (S.R. 2024, NO. 78) - REG 45

Odds not offered for tie, draw or dead heat: generally
If an event results in tied winners or tied place-getters and odds on that result were not offered by a bookmaker, the revised dividend for a winning sports bet placed with that bookmaker on that event is to be calculated in accordance with the following formula:
graphic image
where –
F is the face value of the betting ticket (the original dividend);
C is the number of the competitors involved in the tie;
P is the number of official placings to be filled by the competitors figuring in the tie.
Subdivision 3 - Cancellations, postponements and relocations



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