In this article:
Each-Way Betting
- Each-way accumulative bets are settled win-to-win and place-to-place. In any race reduced to fewer than five starters, each-way bets will be taken as 'all-to-win' given that there are no places available.
- The following governs settlement of the place part of each-way bets in races where we are not offering a promotion paying out on extra places:
- Handicaps of 16 or more runners: 1/4 odds for the first four places Handicaps of 12-15 runners: 1/4 odds for the first three places All other races of 8 or more runners: 1/5 odds for the first three places All races of 5, 6 or 7 runners: 1/4 odds for the first two places All races of less than 5 runners: all place stakes will be treated as win stakes.
- From time to time we may offer promotions that pay out on extra placings in a horse race. In these instances we reserve the right to alter the standard place terms as set out above (e.g. we may offer to pay out 5 or 6 places in a handicap with 16 or more runners but to do so at 1/5 of the odds as opposed to standard 1/4). These promotions are not confined to handicaps. The onus is on the customer at all times to check the each way terms on offer particularly in those races where we are offering additional place payouts.
- Further information can be found within the article here.
Non-runner no bet
- Future Racing betting ceases at 10am on the day of the overnight declaration stage and all bets placed after that stage will be 'non-runner no bet', ie. your bet stake will be refunded if your horse fails to compete. Tattersalls Rule 4 may apply.
- Further information can be found within the article here.
Late withdrawals - Rule 4
- In all horse races, excluding Future Racing bets, if a horse is withdrawn, not under starter's orders, bets will be settled in accordance with Tattersalls Rule 4(c), which says that backers of the withdrawn horse will have their stakes refunded.
- When there has not been time for the market to reform, deductions are made from winnings (exclusive of stake).
- In cases of more than one withdrawal in a race, the total deduction will not exceed £0.90 in £1 (90c in 1 Euro).
- When there has been time to reform the market, deductions will apply only to bets at prices struck prior to the announcement of the withdrawal.
- Further information can be found within the article here.
Dead Heats
- Unless stated otherwise in the Specific Sports Rules the Dead Heat Rule applies to bets on a market where there are more winners than expected.
- Dead heat is a term that describes when two or more selections in an event tie. If a "dead-heat" between two selections is declared on any event, half the stake is applied to the selection at full odds and the other half is lost. If more than two "dead-heats" are declared, the stake is proportioned accordingly.
- Further information can be found within the article here.
Future Racing / Antepost
- For the avoidance of doubt, Future Racing and Antepost bets refer to the same market type and either term may be used interchangeably.
- All racing Future Racing bets are accepted and settled on a Rules of Racing basis only.
- Future Racing bets are accepted at quoted prices, up to and including the day prior to the event, on the basis of all in, run or not, entered or not .Therefore selections not taking part in the race/event concerned are losers.
- Future Racing bets are those placed at our quoted prices on horses and prior to the race becoming classed as 'day of event' (day of event is a term used to describe the time at which overnight declarations are made, usually 10am on the day preceding the race (or two days for certain Group 1 races) for horse racing and the day of the race for greyhounds).
- All bets placed after the overnight declaration stage are settled in accordance with our early prices/day of race rules.
- In line with principals laid down by Tattersalls Rules of Racing, Future Racing bets will be void under the following circumstances, otherwise bets stand:
- If the race is abandoned or declared void.
- If the venue of the race is altered or postponed to a later date at a different track.
- If the race is postponed to a later date at the same track with entries totally reopened bets placed after the initial entries are void, but bets placed prior to the initial entry stage will stand. All bets will stand if a race is postponed to later date at the same track with the same entries, whether the bet was placed before or after the initial entries stage.
- If the horse is balloted out or eliminated under Jockey Club rules single bets will be void. In any such cases, accumulative Future Racing bets will stand on the remaining legs, at the prices laid on the selections in those races, with a double becoming a single, a treble becoming a double, etc.
- In the event of horses being withdrawn under Jockey Club/Turf Club rules, to limit the number of entries taken part, these horses shall be void. The liability of a layer against horses remaining will be reduced on both win and place parts of such bets, in accordance with the rate to be announced before the race by Tattersalls Committee, dependant on the odds currently available against the withdrawn horses at the time of withdrawal. All bets are executed at the price ruling at the time of handing in of the bet. We reserve the right to correct any palpable error. Win doubles, trebles, etc are calculated at full accumulative odds. Each-way doubles and trebles etc. are settled win-to-win, place-to-place, and for the place part of such bets, the fractional odds pertaining at the time of acceptance. Place only bets, conditional bets and forecast bets are not accepted for Future Racing. When the same selection is backed to win two or more races/events in Future Racing bets, special odds are applicable. These special odds will supersede the accumulative odds calculated from the individual event prices irrespective of the fact that the individual event prices may be endorsed on the slip. If special odds were not available, the stake will be divided equally as singles at the prices available at the time the bet was placed.
- Any horse that does not qualify for, or is expunged from a race, will be settled as a loser. Bets taken on a horse after they have not qualified by the applicable qualifying date will be voided.
- Further information can be found within the article here.
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- All our promotions can be found here.
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