The owner of a horse must not offer or accept a bet, through a betting exchange, in relation to a horse race or harness race in which the horse is competing or entered to compete, that the horse will fail to—
(a) win first place; or
(b) be placed second; or
(c) be placed third; or
(d) win first place or be placed second or third; or
(e) win first place or be placed second; or
(f) win first place or be placed third; or
(g) be placed second or third.
Penalty: 600 penalty units.
S. 4.3A.34K inserted by No. 29/2009 s. 57.