Terms

Deductions

Where a horse/contestant is withdrawn before or after coming under starter's orders, all fixed odds selections on that horse/contestant shall be void, and all bets struck as fixed odds on the remaining horses/contestants on the day of the race or 'with a run', shall be subject to deduction calculated in accordance with the following table:

ODDS

DEDUCTIONS

25/1 & Bigger

No Deduction

13/1 to 20/1

5%

9/1 to 12/1

10%

6/1 to 8/1

15%

4/1 to 11/2

20%

3/1 to 7/2

25%

22/10 to 28/10

30%

16/10 to 2/1

35%

13/10 to 15/10

40%

11/10 to 12/10

45%

1/1

50%

8/10 to 9/10

55%

6/10 to 7/10

60%

5/10

65%

4/10

70%

1/3 & Shorter

80%

 

Any price that fall between two ranges will default to the lower deduction amount percentage
Any bets struck 'with a run' after the official announcement of the withdrawal of one of or more horses/contestants shall not be subject to any adjustment unless there are further withdrawals.
Should two horses/contestants be withdrawn simultaneously and both are subject to a deduction on any winning bets, the deduction shall be applied separately and not simultaneously.

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