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{https://www.32redsport.com/about-us/terms-and-conditions#A}(#Introduction) {https://www.32redsport.com/about-us/terms-and-conditions#B}(#General Betting Rules) {https://www.32redsport.com/about-us/terms-and-conditions#C}(#Sports Betting Rules) {https://www.32redsport.com/about-us/terms-and-conditions#D}(#Racing)

D. Racing

1. Horse Racing

a. General Horse Racing Rules 1. All conditions stated in this section refer only to Horse Racing and have priority over any other rule or condition. 2. All bets are governed by Tattersalls Rules of Betting as described on http://www.tattersallscommittee.co.uk/. These rules will govern the settlement of bets should anything occur that is not covered by the rules within this section. 3. Settlements will be based upon the official result issued at the time of the ‘Weigh In’. Any changes after such result has been announced will not be taken into consideration. 4. Any bets, with the exception of “Ante Post Betting” will be considered void should the race be abandoned or declared void. Should the race be postponed to a future day and the ‘Final Declarations’ stand, all bets will be deemed valid provided that the venue for said race has not been changed. In such other cases all bets will be declared void. 5. Any reference to start times published in conjunction with any bet offer, refer to the official scheduled race time in local time. Unless otherwise specified within the Horse Racing rules, all bets will stand irrespective of any eventual changes to the race start time. 6. In the event of a false start, or any other occurrence which would result in a race being re-run, the race will not be considered to have been 'under starter’s orders'. In such case stakes would be refunded on selections not taking part in the re-run. Any returns on the remaining selections would be subject to Tattersalls Rule 4. The number of runners taking part in the re-run will establish the ‘Place’ terms. However, regular Ante Post rules apply for Ante Post bets. 7. Should a race be declared as being a “No-Race” and a re-run takes place, all bets will stand for the Horses that take part in the re-run. Prices offered for a “No-Race” will stand for the re-run race unless there is a non-runner, in which case all bets will be settled as per Tattersalls Rule 4. 8. Settlement of bets on horses which either refuse to come out of the starting stalls, or else refuse to start in a National Hunt race will be based on the pronouncement of the official starter. Should the official starter deem the horse as being a runner, bets on that horse will be settled as lost. 9. A race is considered to be ’Walkover’ when only one horse takes part in the race. 10. ‘Walkovers’ and void races count as races but any selection involved will be treated as a non-runner.

b. Win Betting & Each Way Betting 1. A “Win” bet is a single stake on the chosen selection which will only be considered as won if the chosen horse wins the race. 2. An “Each Way” bet (aka EW) refers to a bet where the chosen selection must either Win or else place within the payout terms. The bet is divided in two parts (the “Win” part and the “Place” part) of an equal stake: thus a £1 EW bet will cost a total of £2. 3. All “Each Way” bets are governed by the Starting Price (aka S.P.) place terms. Thus place terms (1/4, 1/5 and number of places paid) will be determined by the number of horses coming 'under starter's orders' and not by the number of declared runners when the bet was placed. 4. The following are the terms for “Each Way” betting: 1. Handicap Races: 2-4 runners = Win only 5-7 runners = 1/4 the odds 1, 2 8-11 runners = 1/5 the odds 1, 2, 3 12-15 runners = 1/4 the odds 1, 2, 3 16 or more runners = 1/4 the odds 1, 2, 3, 4 2. Non Handicap Races: 2-4 runners = Win only 5-7 runners = 1/4 the odds 1, 2 8 or more runners = 1/5 the odds 1, 2, 3 5. All Each-Way Doubles, Trebles, etc., are settled win to win, place to place. 6. “Betting Without” refers to the possibility of betting on whether a particular horse will be able to achieve a specific finishing position (Win or Place) should the listed horses be excluded from the computation of the official results. 7. ‘Each Way’ terms for “Betting Without” markets will be based on the number of runners who actually take part in the race after the listed horses are excluded from the total amount or runners. 8. Tattersalls Rule 4 deductions apply in case of non-runners within “Betting Without” markets.

c. Prices - Early, Board and Starting 1. It is possible to select from two (2) pricing options: the price at the time of placement or else the Starting Price (SP). The SP refers to the odds for the chosen selection at the start of the race. Should betting be available during the race, the SP will be calculated based on the last available odds for the selection. It is to be noted that SP is not available for Ante Post betting (AP). 2. Early Prices (EP) are the odds offered on the day of the event. These are usually offered between 8 and 10 am on the day of the event until 15 minutes from the start of the race. There might be cases (such as for Saturday racing and high profile meetings), where once the final declarations are known, EP are offered at different timeframes than the ones mentioned above. 3. The alternatives to SP, Board Prices (BP) or Industry Prices (IP) are normally shown around 15 minutes prior to the race. 4. Any bet, other than those placed at SP will result in the settlement being based on the price taken at the time of bet placement, as well as subject to the other rules stated in this section. 5. Stakes placed on EP and BP will be refunded in case a horse is withdrawn “not under orders”. Odds on horses within the same race will be subject to Tattersalls Rule 4(c) deductions, if applicable. 6. In cases of withdrawals which result in a new market being formed. All bets taken at EP or BP prior to the new market will be subject to Tattersalls Rule 4(c) deductions, if applicable. 7. Bets are accepted in races of two (2) or more runners for named selections at the current "Board/Show Prices" as transmitted to our service by the official information service (PA), 8. Should an erroneous price be transmitted, all bets taken on outcomes with wrong odds will be settled as void and stakes will be refunded. 9. In cases where to Tattersalls Rule 4 is applicable following the withdrawal of a horse, no further bets will be taken at “Board/Show Price”, unless a new market has been formed. 10. Horses offered as “Price Boosts”, “Knockouts” etc., will also be subject to a Rule 4 deduction should there be an applicable non-runner in the race. 11. Any reference to timeframes, price availability, etc. is to be deemed as indicative and not binding. 32Red reserves the right to alter such timeframes, issue prices, as well as suspend availability of any race or betting option at its sole discretion.

d. Unnamed Favourite Betting The “Unnamed Favourite” (fav) and the “Unnamed Second Favourite” (2fav) refer to selections which are determined based on the following: 1. The horse which is given in the SP at the lowest odds is to be considered as the “Unnamed Favourite”. 2. Should the SP return two horses as the ones with the shortest odds the horse with the lowest race card number will be deemed as the “Unnamed Favourite”. 3. Should a horse be withdrawn ‘not under orders’ but is still returned favourite as per SP, the horse will be treated as a non-runner. 4. In the event of a ‘walkover’, after the market has been displayed all bets will be settled as void.

e. Tattersalls Rule 4 1. Tattersalls Rule 4 is applicable in cases where a horse is withdrawn not coming under starters orders, or is officially deemed by the starter not to have taken part in the race. 2. Tattersalls Rule 4 deducts a set value from winning bets in order to compensate for the withdrawal of a horse in the specific race. The size of the deduction is determined by the odds (Early or Board/Show) that the horse has at the time of its withdrawal. 3. Deductions on the odds of the remaining horses are based on the following:

<table border="0" cellspacing="0" cellpadding="0" width="392">
<tr>
  <td width="129" nowrap="nowrap"><p><em><u>Decimal odds</u></em><em><u> </u></em></p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p><em><u>Fractional odds</u></em><em><u> </u></em></p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p><em><u>Net deductions</u></em><em><u> </u></em></p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1,12 or lower </p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>1/9 or shorter</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">90% </p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.13 - 1.19</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>1/8 - 2/11</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">85%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.20 - 1.27</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>1/5 - 1/4</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">80%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.28 - 1.33</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>7/25 - 8/25</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">75%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.34 - 1.44</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>1/3 - 11/25</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">70%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.45 - 1.57</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>4/9 - 14/25</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">65%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.58 - 1.66</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>4/7 - 13/20</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">60%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.67 - 1.83</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>4/6 - 4/5</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">55%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>1.84 - 1.99</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>5/6 - 49 - 50</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">50%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>2.00 - 2.24</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>Evens - 31/25</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">45%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>2.25 - 2.59</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>5/4 - 39/25</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">40%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>2.60 - 2.79</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>8/5 - 7/4</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">35%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>2.80 - 3.39</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>9/5 - 23/10</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">30%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>3.40 - 4.19</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>12/5 - 3/1</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">25%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>4.20 - 5.40</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>16/5 - 22/5</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">20%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>5.50 - 6.99</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>9/2 - 23/4</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">15%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>7.00 - 10.99</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>6/1 - 9/1</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p align="right">10%</p></td>
</tr>
<tr>
  <td width="129" nowrap="nowrap"><p>11.00 and higher</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="125" nowrap="nowrap"><p>10/1 and higher</p></td>
  <td width="15" nowrap="nowrap"></td>
  <td width="108" nowrap="nowrap"><p>No deduction</p></td>
</tr>

4. The tables which are referenced above include odds listed both in decimal and fractional format. In the event that the decimal options are not covered by their fractional equivalent, 32Red reserves the right to apply the Tattersalls Rule 4 deductions based on the decimal table. 5. The application of Tattersalls Rule 4 on bets placed at EP will be based on the EP of the withdrawn horse at the time the bet was placed, irrespective of the odds at the time of the horse’s withdrawal. 6. Races which involve more than one withdrawal be subject to a maximum deduction of 90p per £1. 7. Where the total deduction on the market on which the bet was placed is 5p in the £, and only one horse has withdrawn, as a concession, the deduction will be waived. However, if two or more horses are withdrawn an accumulative Rule 4 deduction will be applied.

f. Ante Post betting 1. For a bet to be considered as an Ante Post bet (AP) it is to be placed prior to the overnight declaration stage. Usually such declaration is effected 48 hours prior to race start for Flat racing and 24 hours prior to race start for National Hunt racing. 2. AP stakes on horses which are not participating in the race will not be refunded and Tattersalls Rule 4 does not apply, unless specifically stated. 3. Should at least one of the following occurrences happen all AP bets will be declared void: i. The race is abandoned; ii. The race is officially declared void; iii. The conditions of the race are altered after bets are made (as defined under Tattersalls Rules); iv. A horse is balloted out under The Jockey Club Rules of Racing; v. The venue or running surface is altered (example Turf to Dirt/All Weather or vice versa); vi. The entries of the race are reopened. 4. Aside from the eventualities stated in this section, all AP bets will be deemed valid if the race is run within 14 full days from when initially scheduled, as long as the conditions of the race remain unaltered. Such conditions include that the rescheduled race is ran on the same track, covering the same distance and that the race is not reopened for new entries. Should the rescheduled race fail to meet any of the aforementioned criteria, all AP bets will be settled as void. 5. AP bets are settled at the price and place terms applicable at the time of acceptance, Should a bet be accepted at wrong odds or Place terms, 32Red reserves the right, at its own discretion, to settle the bet as void and stakes will be refunded.

g. Cast betting 1. Forecast & Tricast Betting – General rules a. Forecasts are made available and accepted in races with 3 or more runners. b. Tricasts are accepted in races where an official computer Tricast dividend is declared. c. Should no dividend be declared, bets will be considered as a computer straight forecast on the selections chosen to finish first and second with the third being discounted. d. Forecast bets are settled in accordance with the computer SP straight forecast returns. Should for any reason a Forecast SP return is not given, bets will be considered void. e. Forecast bets must always be named. No bets on unnamed favourites are accepted and should these be taken by mistake, they will be voided. f. Stakes will be refunded on Forecast and Tricast bets involving a non-runner. 2. Straight Forecast A Straight Forecast is where it is possible to bet on the exact finishing order of the first and second placed horse in a race. 3. Reverse Forecast A Reverse Forecast is where it is possible to bet on the first and second placed horse in a race, irrespective of the finishing order. The cost of this bet is twice that of a Straight Forecast since such bet can be considered as 2 Straight Forecast bets. 4. Combination Forecast A Combination Forecast is where it is possible to choose 3 or more selections in a particular race. For the bet to be considered as won, 2 of the selected horses must finish in first and second place, irrespective of which order. 5. Tricast A Tricast is where it is possible to bet on the exact finishing order of the first, second and third placed horse in a race. 6. Combination Tricast A Combination Tricast is where it is possible to bet on the first, second and third placed horse in a race, irrespective of the finishing order.

h. ‘Place Only’ Betting

32Red reserves the right, at its own discretion, to offer a ‘Place Only’ market on certain races. Such bets would be settled in the same way as the ‘Place’ part of an “Each Way” bet. 1. Should a horse be withdrawn ‘not under orders’, all stakes on that horse will be refunded. Deductions in accordance with the Rule 4 tables below will apply. These deductions will be based on the ‘Place Only’ price at the time of the withdrawal and will apply to the ‘Place Only’ market. 2. The number of places paid will be determined by the declarations on the day of the race. Should the number of places be reduced because of a reduction in the number of runners, for the purposes of ‘Place Only’ betting the number of places paid will remain unchanged. However, should the number of runners be equal to or less than the number of places on offer, bets on this market will be declared void and stakes refunded. 3. Deductions on the odds of the remaining horses are based on the following:

Decimal odds

Fractional odds

Net deductions for 2nd placed

Net deductions for 3rd placed

Net deductions for 4th placed (or more)

1,12 or lower

1/9 or shorter

45%

30%

20%

1.13 - 1.19

1/8 - 2/11

40%

30%

20%

1.20 - 1.27

1/5 - 1/4

40%

25%

20%

1.28 - 1.33

7/25 - 8/25

35%

25%

20%

1.34 - 1.44

1/3 - 11/25

35%

25%

15%

1.45 - 1.57

4/9 - 14/25

30%

20%

15%

1.58 - 1.66

4/7 - 13/20

30%

20%

15%

1.67 - 1.83

4/6 - 4/5

25%

20%

15%

1.84 - 1.99

5/6 - 49/50

25%

15%

10%

2.00 - 2.24

Evens - 31/25

20%

15%

10%

2.25 - 2.59

5/4 - 39/25

20%

15%

10%

2.60 - 2.79

8/5 - 7/4

15%

10%

10%

2.80 - 3.39

9/5 - 23/10

15%

10%

0%

3.40 - 4.19

12/5 - 3/1

10%

10%

0%

4.20 - 5.19

16/5 - 4/1

10%

0%

0%

5.20 and higher

21/5 and higher

No deduction

No deduction

No deduction

  1. The tables which are referenced above include odds listed both in decimal and fractional format. In the event that the decimal options are not covered by their fractional equivalent, 32Red reserves the right to apply the 4 deductions based on the decimal table.

i. Special bets 1. Jockey Specials Jockey Specials is where it possible to bet on a named jockey to ride horses which either win or place in a definite amount of races at a specific meeting, as applicable. a. In the event that a jockey who is scheduled to ride 3 or less rides, has at least 1 non-runner, the Jockey Accumulator market will be settled as void. Such provision will be in place unless the offers could be settled irrespectively of the outcome of the race involving the non-runner. In this case bets will be settled according to the decided outcome. b. Jockey Accumulator markets on jockeys scheduled to ride at least 4 rides will remain valid unless the jockey has 2 or more non-runners. In such case bets on this market will be declared void. Such provision will be in place unless the offers could be settled irrespectively of the outcome of the race involving the non-runner. In this case bets will be settled according to the decided outcome. c. “Place” markets will be settled in accordance with the Place terms applicable for each race. d. Odds on other Jockey Specials, with the exception of the ‘Jockey Accumulator’ will require the Jockey to win (or Place, as applicable) all the listed races. e. In the event of non-runners in Jockey Specials on specific races, bets will be settled as void. f. Jockey Specials will be based on a jockey’s booked rides only. Should a jockey gets additional rides at a meeting, these will NOT be considered for the purposes of the bet. 2. Cross Card Jockey Specials Cross Card Jockey Specials is where it possible to bet on named jockeys, both of which must ride horses which either win or place in a definite amount of races at a specific meeting, as applicable. a. In the event that 1 or more of the meetings is not completed, bets will be settled as a void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome. b. Jockey Specials rules apply.

  1. Trainer Specials Trainer Specials is where it possible to bet on a named trainer to have horses which either win or place in a definite amount of races at a specific meeting, as applicable. a. Jockey Specials rules apply.

  2. Distance betting – General rules (applicable to all distance betting) a. Results for winning distance bets will be considered as the officially declared distance between the first and second placed horse past the post, granted that they have followed the correct course and carried the correct weight. b. The following terminology applies in ‘Distance betting’: o “Nose” = 0.05 of a length
    o “Short Head” = 0.1 of a length o “Head” = 0.2 of a length o “Neck” = 0.3 of a length o ‘Half a length’ = 0.5 of a length o ‘Three quarters’ = 0.75 of a length c. The maximum amount of ‘lengths’ in each race is 12 lengths for Flat Racing and 30 lengths for National Hunt Racing.

  3. ‘Meeting Winning’ distance betting a. ‘Meeting Winning’ distance betting is where it possible to bet on the total winning distances in a specific meeting. b. In the event of a ‘Walkover’, or should no official result be declared (example: all horses fail to compete), the following amount of lengths will be added to the total: 5 lengths for Flat Racing and 12 lengths for National Hunt Racing. c. Should a meeting include 1 or more races which are either abandoned or declared void, all bets on this market will be declared void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome. d. 32Red, at its sole discretion, reserves the right to offer bets referring to a specific amount of meetings on a listed day/period. Should any of the listed meetings include 1 or more races which are either abandoned or declared void, all bets on this market will be declared void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome.

  • ‘Race Winning’ Distance betting a. ‘Race Winning’ distance betting is where it possible to bet on the winning distance in a specific race. b. In the event of a ‘Walkover’, or should no official result be declared (example: all horses fail to compete), all bets on this market will be declared void.

  • ‘Horse Winning’ Distance betting a. ‘Horse Winning’ distance betting is where it possible to bet on a specific horse winning a listed race by a particular distance. b. In the event of a ‘Walkover’ or the specific horse is declared a non-runner, all bets on this market will be declared void. c. Should the chosen horse not win the race all bets on this market will be settled as lost.

  • Horse Racing combined with any other sports a. Solely at [the Operator’s] discretion, it might be decided to offer pre-set combinations between Horse Racing and other sports. b. Unless otherwise specified, combinations will include a horse winning a specific race alongside a team/athlete(s) winning a specific match. c. In the event that any of the chosen horses are non-runners, bets will be settled as void and stakes will be refunded. d. Unless specifically stated, settlement rules as described in <Section B, Para 5> apply in case of abandoned/postponed sports (non Horse Racing) events.

  • TV special markets a. All TV special markets refer only to races which are shown live on terrestrial UK TV. b. Unless specifically stated in conjunction with the bet offer, regular Horse Racing rules apply.

  • Ante Post Specials a. At 32Red’s sole discretion a variety of markets, similar but not limited to the “Daily Specials” might be offered, based on long-term Ante Post races. b. Unless specifically stated in conjunction with the bet offer, regular Ante Post rules apply.

  • ‘Match’ bets a. Bets refer to which of the listed horses will have the best finishing position at the end of the race, or after a pre-defined stage. b. All markets will be settled based on the official result. c. Should none of the listed horses manage to finish the race, all bets on the market will be declared void. d. In the event that at least one (1) of the listed horses is a non-runner, all bets will be declared void.

  • ‘Daily Favourites’ bets a. The Daily Favourites refer to betting on a specified number of Favourites either to Win or Place (as applicable) at a listed meeting. b. Markets referring to “Place” Favourites will be settled in accordance with the ‘Place’ terms of the respective race in the meeting. c. Should the SP return more than 1 horse as the ones with the shortest odds, the horse with the lowest race card number will be deemed as the “Favourite”. In the event that the declared “Favourite” withdraws and no market is reformed, the second horse with the lowest race card number will be deemed as the “Favourite”. d. In cases where there are 4 runners or less, the “Favourite” must win the race for “Place” purposes. e. In the event that 1 or more races are not completed bets on this market will be declared void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome.

  • ‘Daily Accumulator’ bets a. The Daily Accumulators refer to betting on whether named horses/Favourites will win or place within their respective races, as applicable. b. Place Accumulators will be settled in accordance with the ‘Place’ terms of the respective race in the meeting. c. In the event that any of the chosen selections are non-runners, all bets will be settled as void and stakes refunded.

  • j. Reserves 1. In races where Reserves are declared to replace any non-runners, 32Red reserves the right, solely at its own discretion, to quote Early Prices for Reserve horses. 2. Odds on any Reserves which run in the race will be used to compensate against any Tattersalls Rule 4 deductions which would be applicable to non-runners. 3. There will not be any Tattersalls Rule 4 deductions on reserves which have Early Prices available and eventually become non-runners. Such provision is not applicable in cases where after the racecourse declaration stage has passed, (45 minutes before race scheduled start),; a reserve takes the place of a withdrawn horse, and therefore is considered as an official runner. Following the aforementioned deadline, should the ‘reserve’ horse withdraw, Tattersalls Rule 4 deductions will apply.

    k. Maximum Winnings 1. Although there might be cases where the potential payout of the bets accepted exceeds the maximum winnings allowed, the eventual net payout will still be limited to the limits listed below. 2. The following limits apply on all selections which are covered by a full official information service (for example: PA): a. The limit of £100,000 will apply for races held in Great Britain & Ireland; b. The limit of £100,000 will apply for Group 1 races which are not held in Great Britain & Ireland; c. The limit of £25,000 will apply for races held in all other countries; d. The limit of £25,000 will apply for all markets listed under clause “i” (Special bets). 3. The amounts listed below are to be considered as the maximum net amounts that can be won on a single day. For the purpose of clarity, a single day is to be considered as the races which have started between 00:00CET and 23:59CET. 4. Should a bet contain a combination between events which fall under different categories/countries, or else is combined with other sports which are not listed in this section, the limit applicable to that particular combination will always be considered as the lowest between those in question. For a list of 32Red’s sport-specific limits please visit .

    l. International Racing 1. This section refers to races held outside Great Britain and Ireland. In cases where these rules are unclear and/or inconclusive, settlement will be based on the other rules present in the Horse Racing section. 2. All races are settled on the basis of the official result issued by the local Horse Racing Authority on the day of the race, including any amendments effected after eventual steward inquiries and objections. Settlement will also take into account any additional rules applied by the relevant local authority/organizing committee. 3. Should an industry Starting Price (SP) be available, bets will be settled in accordance with this prices, with the exception of bets taken at Early Prices (EP). In such cases bets will be settled at EP. In cases where no industry SP is available, bets will be settled Pari-Mutuel/Tote odds.

    m. USA Racing 1. This section refers to races held in the USA. In cases where these rules are unclear and/or inconclusive, settlement will be based on the other rules present in the Horse Racing section. 2. All races are settled on the basis of the official result issued by the local Horse Racing Authority on the day of the race, including any amendments effected after eventual steward inquiries and objections. Settlement will also take into account any additional rules applied by the relevant local authority/organizing committee. 3. Should an industry Starting Price (SP) be available, bets will be settled in accordance with this prices, with the exception of bets taken at Early Prices (EP). In such cases bets will be settled at EP. In cases where no industry SP is available, bets will be settled in accordance with the US Pari-Mutuel/Tote odds. 4. All US Racing transactions will be handled in the Account’s designated currency and will not go directly into US Tote pools. 5. US track dividends are normally returned at a $2 dividend. For payout calculation purposes, dividends must be divided by 2 in order to get the actual return. 6. Should no dividend be declared by the host track, the bet will be settled as void. 7. US racing bets will be settled according to the horse name only. 8. The following payout terms will be used when settling offers:

    - ‘Win’ bets will be settled according to the Win pool;
    - EW bets with 8 or more runners will be settled according to the Win and Show pool;
    - The ‘Place’ parts of an EW bet for races with 5 to 7 runners will be settled according to the Place pool.</li></ul>
    

    9. A bet on a ‘Coupled’ horse will be considered as such for all bets placed, not only ‘Win’ bets. A bet on a horse coupled with 1 or more horses will include all horses with the same number. Should one of the coupled horses be considered as a non-runner, the bet on the other selections will still be considered valid.

    2. Greyhounds

    a. General Greyhounds Rules

    1. All conditions stated in this section refer only to Greyhounds and have priority over any other rule or condition.
    2. 32Red will normally publish odds on all events covered by BAGS http://www.bagsracing.com/. 32Red reserves the right to alter such offering by adding or removing events, irrespective of whether the races which are added/removed are covered by BAGS.
    3. Settlements will be based upon the official result issued by the judge. Any changes after such result has been announced will not be taken into consideration.
    4. Any bets, with the exception of “Ante Post Betting” will be considered void should the race be abandoned or declared void.
    5. Any reference to start times published in conjunction with any bet offer, refer to the official scheduled race time in local time. Unless otherwise specified within the Greyhounds rules, all bets will stand irrespective of any eventual changes to the race start time.
    6. Should a race be declared as being a “No-Race” and a re-run takes place, all bets will stand for the greyhounds that take part in the re-run. Prices offered for a “No-Race” will stand for the re-run race unless there is a non-runner, in which case all bets will be settled as per Tattersalls Rule 4.

    b. Win Betting & Each Way Betting

    1. A “Win” bet is a single stake on the chosen selection which will only be considered as won if the chosen greyhound wins the race.
    2. An “Each Way” bet (aka EW) refers to a bet where the chosen selection must either Win or else place within the payout terms. The bet is divided in two parts (the “Win” part and the “Place” part) of an equal stake. Thus a £1 EW bet will cost a total of £2.
    3. All “Each Way” bets are governed by the Starting Price (aka S.P.) place terms. Thus place terms (1/4, 1/5 and number of places paid) will be determined by the number of greyhounds effectively starting the race and not by the number of declared runners when the bet was placed.
    4. The following are the terms for “Each Way” betting: 2-4 runners = Win only 5-6 runners = 1/4 the odds 1, 2
    5. All bets on non-finishers will be considered as losing bets.
    6. Should the number of greyhounds finishing the race be inferior to the amount of place terms as listed previously, only those runners officially placed will be treated as winning selections.
    7. All Each-Way Doubles, Trebles, etc., are settled win to win, place to place.
    8. Each-Way bets are also accepted on Unnamed Favourites.
    9. “Betting Without” refers to the possibility of betting on whether a particular greyhound will be able to achieve the highest finishing position should the listed greyhound be excluded from the computation of the official results.
    10. ‘Each Way’ terms for “Betting Without” markets will be based on the number of runners who actually take part in the race after the listed greyhounds are excluded from the total amount or runners.
    11. Tattersalls Rule 4 deductions apply in case of non-runners within “Betting Without” markets.
    12. Should a greyhound become a non-runner after the live show has come through from the track, bets placed on that selection will be declared void. Bets on the remaining runners will be subject to a Rule 4 deduction.

    c. Prices - Board and Starting 1. It is possible to select from two (2) pricing options: the price at the time of placement or else the Starting Price (SP) The SP refers to the odds for the chosen selection at the start of the race. Should betting be available during the race, the SP will be calculated based on the last available odds for the selection. It is to be noted that SP is not available for Ante Post betting (AP). 2. The alternatives to SP, Board Prices (BP) or Industry Prices (IP) are normally shown around 5 minutes prior to the race. Bets taken at BP or IP SP will result in the settlement being based on the price taken at the time of bet placement, as well as subject to the other rules stated in this section. 3. Bets are accepted in races of two (2) or more runners for named selections at the current "Board/Show Prices" as transmitted to our service by the official information service (PA), 4. Should an erroneous price be transmitted, all bets taken on outcomes with wrong odds will be settled as void and stakes will be refunded. 5. Any reference to timeframes, price availability, etc. is to be deemed as indicative and not binding. 32Red reserves the right to alter such timeframes, issue prices, as well as suspend availability of any race or betting option at its sole discretion.

    d. Unnamed Favourite Betting 1. Bets are accepted on the “Unnamed Favourite” only. The “Unnamed Favourite” (fav) refers to selections which are determined based on the following: a. The greyhound which is given in the SP at the lowest odds is to be considered as the “Unnamed Favourite”. b. Should the SP return two greyhounds as the ones with the shortest odds the greyhound with the lowest trap number will be deemed as the “Unnamed Favourite”. 2. Unless specified, should a track hold more than 1 meeting on the same day, the bet will refer for the next meeting to be ran after the bet is accepted.

    e. Tattersalls Rule 4 1. Tattersalls Rule 4 is applicable in cases where a greyhound is either withdrawn, or is officially deemed by the starter not to have taken part in the race. 2. Tattersalls Rule 4 deducts a set value from winning bets in order to compensate for the withdrawal of a horse in the specific race. The size of the deduction is determined by the odds (Early or Board/Show) that the horse has at the time of its withdrawal. 3. Deductions on the odds of the remaining greyhounds are based on the following:

    Decimal odds

    Fractional odds

    Net deductions

    1,12 or lower

    1/9 or shorter

    90%

    1.13 - 1.19

    1/8 - 2/11

    85%

    1.20 - 1.27

    1/5 - 1/4

    80%

    1.28 - 1.33

    7/25 - 8/25

    75%

    1.34 - 1.44

    1/3 - 11/25

    70%

    1.45 - 1.57

    4/9 - 14/25

    65%

    1.58 - 1.66

    4/7 - 13/20

    60%

    1.67 - 1.83

    4/6 - 4/5

    55%

    1.84 - 1.99

    5/6 - 49 - 50

    50%

    2.00 - 2.24

    Evens - 31/25

    45%

    2.25 - 2.59

    5/4 - 39/25

    40%

    2.60 - 2.79

    8/5 - 7/4

    35%

    2.80 - 3.39

    9/5 - 23/10

    30%

    3.40 - 4.19

    12/5 - 3/1

    25%

    4.20 - 5.40

    16/5 - 22/5

    20%

    5.50 - 6.99

    9/2 - 23/4

    15%

    7.00 - 10.99

    6/1 - 9/1

    10%

    11.00 and higher

    10/1 and higher

    No deduction

    1. The tables which are referenced above include odds listed both in decimal and fractional format. In the event that the decimal options are not covered by their fractional equivalent, 32Red reserves the right to apply the Tattersalls Rule 4 deductions based on the decimal table.
    2. Races which involve more than one withdrawal be subject to a maximum deduction of 90p per £1.

    f. Ante Post betting

    1. For a bet to be considered as an Ante Post bet (AP) it is to be placed prior to the Final Declarations being known for the race.
    2. AP stakes on greyhounds which are not participating in the race will not be refunded and Tattersalls Rule 4 does not apply, unless specifically stated.
    3. Should at least one of the following occurrences happen all AP bets will be declared void: a. The race is abandoned; b. The race is officially declared void; c. The conditions of the race are altered after bets are made (as defined under Tattersalls Rules).
  • Aside from the eventualities stated above, all AP bets will be deemed valid as much as the race to which the bet refers to is ran within 14 full days from when initially scheduled, unless other arrangements have been agreed.
  • AP bets are settled at the price and place terms applicable at the time of acceptance, Should a bet be accepted at wrong odds or Place terms, 32Red reserves the right, at its own discretion, to settle the bet as void and stakes will be refunded.
  • g. –cast betting 1. Forecast & Tricast Betting – General rules a. Forecasts are made available and accepted in races with 3 or more runners. Any bets taken on races which contain fewer runners will be settled as void. b. Tricasts are accepted in races where an official computer Tricast dividend is declared. c. Should no dividend be declared, bets will be considered as a computer straight forecast on the selections chosen to finish first and second with the third being discounted. d. Forecast bets are settled in accordance with the computer SP straight forecast returns. Should for any reason a Forecast SP return is not given, bets will be considered void. e. Forecast bets must always be named. No bets on unnamed favourites are accepted and should these be taken by mistake, they will be voided. f. Stakes will be refunded on Forecast and Tricast bets involving a non-runner.

    1. Straight Forecast A Straight Forecast is where it is possible to bet on the exact finishing order of the first and second placed greyhound in a race.
    2. Reverse Forecast Reverse Forecast is where it is possible to bet on the first and second placed greyhound in a race, irrespective of the finishing order. The cost of this bet is twice that of a Straight Forecast since such bet can be considered as 2 Straight Forecast bets.
    3. Combination Forecast A Combination Forecast is where it is possible to choose 3 or more selections in a particular race. For the bet to be considered as won, 2 of the selected greyhounds must finish in first and second place, irrespective of which order.
    4. Tricast A Tricast is where it is possible to bet on the exact finishing order of the first, second and third placed greyhound in a race.
    5. Combination Tricast A Combination Tricast is where it is possible to bet on the first, second and third placed greyhound in a race, irrespective of the finishing order.

    h. Distance betting 1. General rules (applicable to all distance betting) a. Results for winning distance bets will be considered as the officially declared distance between the first and second placed greyhound past the post that have completed the race. b. The following terminology applies in ‘Distance betting’ o “Nose” = 0.05 of a length o “Short Head” = 0.1 of a length o “Head” = 0.2 of a length o “Neck” = 0.3 of a length o ‘Half a length’ = 0.5 of a length o ‘Three quarters’ = 0.75 of a length c. The maximum amount of ‘lengths’ in each race is 12 lengths.

    1. ‘Meeting Winning’ distance betting a. ‘Meeting Winning’ distance betting is where it possible to bet on the total winning distances in a specific meeting. b. Should a meeting include 1 or more races which are either abandoned or declared void, all bets on this market will be declared void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome. c. 32Red, at its sole discretion, reserves the right to offer bets referring to a specific amount of meetings on a listed day/period. Should any of the listed meetings include 1 or more races which are either abandoned or declared void, all bets on this market will be declared void. Such provision will be in place unless all offers that have been decided prior to the abandonment and could not possibly be changed regardless of future events, make it possible to settle such markets. In this case bets will be settled according to the decided outcome.

  • ‘Race Winning’ Distance betting a. ‘Race Winning’ distance betting is where it possible to bet on the winning distance in a specific race. b. In the event that no official result is declared, all bets on this market will be declared void.

  • ‘Greyhound Winning’ Distance betting a. ‘Greyhound Winning’ distance betting is where it possible to bet on a specific greyhound winning a listed race by a particular distance. b. In the event that no official result is declared, all bets on this market will be declared void. c. Should the chosen greyhound not win the race all bets on this market will be settled as lost.
  • i. Maximum Winnings 1. Although there might be cases where the potential payout of the bets accepted exceeds the maximum winnings allowed, the eventual net payout will still be limited to the limits listed below. 2. The limit of £25,000 will apply for races which are covered by a full official information service (for example: PA). 3. The amounts listed above are to be considered as the maximum net amounts that can be won on a single day. For the purpose of clarity, a single day is to be considered as the races which have started between 00:00CET and 23:59CET.

    j. Trap Challenge 1. "Trap Challenge" is where it is possible to bet on which trap will have most winning greyhounds at a listed meeting and/or a specified number of races. 2. All bets referring to "Trap Challenge" stand irrespective of vacant traps, 'Reserves' or void races granted that at least half of the specified races have been completed and their result has been issued. 3. For "Trap Challenge" settlement, should two or more greyhounds be deemed the winners of a race, all greyhounds in 1st place (and their respective Traps) will be regarded as having won the specified race. 4. Should two or more Traps share finishing positions, the settlement will based on the so-called "Dead Heat rule" as per the definition in <Section B, Para 5.14>.

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