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Q: 8: What are the rules for betting on horse racing?

Double Result is only applicable to horse racing in Ireland and the U.K., unless otherwise advertised. Double Result means if your horse is ‘First Past The Post’ you get paid, however, should your horse be awarded the race or promoted to a place, as a result of a Stewards Enquiry or Objection which is announced before the ‘weigh in’ or ‘winner alright’, we will still pay you.

Double Result does not apply to the following bets or circumstances:-

a. All Ante-Post bets.

b. Forecasts and Tricasts.

c. Bets which rely on Tote Dividends ie Jackpots, Placepots etc which are settled Rules of Racing.

d. Horse ‘Match betting’, ‘Distance Specials’ or ‘Betting Without’ races which are settled as to the respective conditions detailed in these rules.

e. Any horse disqualified for taking the wrong course or for carrying an incorrect weight.

f. Races which are declared void.

g. Where there is an official correction to the result by the judge or SIS prior to the ‘weigh in’ and any races which are declared void before the ‘weigh in’ for which Rules of Racing will apply.

h. All bets on horse racing outside of Ireland and the U.K. are settled on a Rules Of Racing basis only.

All racing ante-post bets are accepted and settled on a Rules of Racing basis only. Ante-post 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. Ante-post 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 ante-post bets will be void under the following circumstances, otherwise bets stand.

a. If the race is abandoned or declared void.

b. If the venue of the race is altered or postponed to a later date at a different track.

c. 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.

d. If the horse is balloted out or eliminated under Jockey Club rules single bets will be void. In any such cases, accumulative ante-post 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.

e. 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 Tattersall’s 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 ante-post.When the same selection is backed to win two or more races/events in ante-post 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.

In all horse races, excluding ante-post bets, if a horse is withdrawn, not under starter’s orders, bets will be settled in accordance with Tattersall’s Rule 4(c), which lays down 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) according to the table below. In cases of more than one withdrawal in a race, the total deduction will not exceed 0.90c in €1.00. When there has been time to reform the market, deductions will apply only to bets at board prices struck prior to the announcement of the withdrawal.

1/9 or longer odds on
5/4 to 6/4
2/11 to 2/17
13/8 to 7/4
1/4 to 1/5
15/8 to 9/4
3/10 to 2/7
5/2 to 3/1
2/5 to 1/3
10/3 to 4/1
8/15 to 4/9
9/2 to 11/2
8/13 to 4/7
6/1 to 9/1
4/5 to 4/6
10/1 to 14/1
20/21 to 5/6
If over 14/1
No deduction
EVS to 6/5

The above scale will also apply in the case of non-runners in Early Price races and will be used for other events where we specifically advertise, either in these rules or at the event itself that Tattersalls Rule 4 (abbreviated to Rule 4) may apply.

In Irish racing, all deductions relating to withdrawals at Show/Screen Prices are calculated by the Irish Levy Board and therefore may differ slightly from the above.

In the event of a false start etc. resulting in a race being re-run, "Under Starter's Orders' is negated and stakes will be refunded on the remaining runners subject to Rule 4. The number of runners taking part in the re-run governs place terms.

Some races contain reserves, who may or may not be priced in our Early Prices Lists. The finishing positions of any of these reserves will count whether they are priced or not. The price of any Reserves which run, will be offset against any Rule 4 deduction applicable from the non-runner(s).

No Official SP Returned UK & Ireland

Selections in races where no Official SP’s are returned from racecourse’s in the UK or Ireland will be settled at the Industry SP (if returned).

If no Official SP or Industry SP is returned bets will be settled as following:-
All bets where no price is taken (including Forecasts, Tricasts and Unnamed favourites) will be settled at the closing ‘show’ prices offered by Paddy Power.Where no ‘show’ prices are displayed for horse racing, bets will be settled at the appropriate tote returns and all Greyhound racing bets will be void. Bets on unnamed favourites and second favourites will stand for races where an Official or Industry SP is returned, but will be void if neither SP is returned.

Note for Tote Placepot / Quadpot bets – when no Official SP is returned and an Industry SP is returned in its place, Tote bets on unnamed favourites are settled on the Tote favourite and not the Industry SP favourite.

Horse racing bets are automatically settled on a Double Result basis unless otherwise stated or as detailed in the ‘Double Result’ section. Ante-post bets are settled Rules of Racing unless otherwise advertised. Where a result is amended after the weigh-in, for example as a result of a successful appeal, the amendment will be ignored for settlement purposes. The advertised times of races, the runners, returns and results as published in The Racing Post, or the national press will govern settlement of all bets, excepting errors and omissions. Unless otherwise provided for in these rules, all bets will be settled at Starting Price, with the place part of each-way bets settled as per place terms set out in these rules and on display in our offices.

For overseas racing please refer to Overseas Racing section. In the event of a walk-over named or unnamed selections will be void and treated as non-runners for settlement purposes. Queries regarding errors should be made within 14 days of settlement of the bet.

If the programme for a day is abandoned or postponed, bets will be void, (For ante-post bets see Ante-Post section). However, on occasions when a ‘major race’ is postponed we reserve the right to advertise and apply the following: Bets accepted after 10am on the day of the overnight declarations will stand until that race is run, so long as the overnight declarations stand unless cancelled by prior mutual agreement. If races are set back in time on a day because of the weather, settlement of all bets will be ruled by the original advertised times. If a race is re-run, betting in the first race will rule settlement, and horses which ran in the first race but did not start in the second will be considered losers.

Each-way accumulative bets are settled win-to-win and place-to-place. In any race of fewer than 5 starters, all place money will be void. In accumulative wagers, the bet reverts to normal place odds according to the number of runners in each race. Place bets are not accepted unless at least an equal amount is invested to win. Where there is excess place money over win money in each-way bets, then that part of the bet will be void, win or lose. When special place betting is offered for a race, this will rule settlement for all place bets on that race.

The following governs settlement of the place part of each-way bets:

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.

For overseas racing where we pay pari-mutuel returns the each way terms will be as determined by the local pari-mutuel rules.

Starting price bets will be accepted each way for first favourites and win only for second favourites and each way for first favourites only in greyhound racing. The favourite is the selection quoted in the official starting price returns at the shortest odds. The second favourite is the horse quoted at the next shortest odds. If two horses are quoted at the same odds and these odds are shorter than those quoted against any other horses, then these two are equal first favourite and equal second favourite. If two or more co-favourites are thus selected, the stake will be divided equally between or among them. A place part of any such bet, taken in error, will be void. When a returned favourite does not come under starter’s orders and is withdrawn, then that unnamed favourite will be treated as a non-runner with bets on the second favourite settled on the second favourite. The only exceptions to this provision are speciality bets such as Jackpot or Placepot bets where, if there is a withdrawn favourite, the next lowest priced horse is the one taken as to substitute for a non-runner, which under the rules has to be replaced by the ‘favourite’.

Bets accepted at our advertised prices after 9am on the day of the overnight declarations are not ante-post bets and will be settled in accordance with the terms advertised. Prices advertised for ‘early price’ races are available subject to fluctuation up to the time as displayed in our offices (normally 20 minutes before the race ‘off time’ for UK races and 30 minutes for Irish) or up to ‘first show’. In the event of a horse being withdrawn, not under starter’s orders, stakes on that selection will be returned. Bets for the remaining horses in that race will be subject to a deduction in accordance with Tattersalls Rule 4 (c), based on the ‘early price’ of the withdrawn horse at the time of withdrawal (see table above). Should any greyhound be withdrawn from an advertised ‘early price’ greyhound race all bets on that race shall be settled at starting price.

Should a horse be withdrawn, whereby Tattersall’s rule 4(c) would apply, no board prices may be laid after the withdrawal, unless the market has reformed.Any such bets laid in error will be settled at S.P. or the next immediate price offered after withdrawal, whichever is the greater. Should any greyhound be withdrawn all bets placed at a Show Price prior to withdrawal on that race will be settled at starting price.

Subject to the following rules, we accept forecast singles, doubles and trebles as part of our normal business. Any forecast accumulators accepted in error, which do not comply to the format and conditions above, will be settled as forecast trebles, with the stake involved being equally split over the number of trebles available. There must be a minimum of three runners in the race, otherwise the forecast selected will be void. Forecast bets are
settled from the returns declared by the CSF or BAGS/BEGS F/C. Any bonus for forecast doubles or trebles is added to the calculated total return, i.e. excluding any leg by leg bonus.

Forecast bets are void when:

a. One of the selections does not run.

b. Less than 3 runners take part in the event.

c. You select unnamed favourites. If an unnamed favourite appears among the named selections, only that part of your bet including the unnamed favourite is void.

If for any reason, no CSF or BAGS/BEGS forecast is returned, bets will be settled by reference to the N.S.L. Straight Forecast Chart.
In the event of a selection finishing alone, a forecast dividend with any other runner will be declared.

a. Tricast bets, in which selections must finish first, second and third in the correct order in specified races are accepted in single bets only. Stakes for any tricast double, treble, etc accepted in error will be divided equally to cover each tricast race in tricast singles only.

b. Horse and Greyhound (BAGS/BEGS) Tricasts are only accepted on races for which a Computer Tricast dividend is declared. Any tricasts accepted for races which no Tricast dividend is declared will be settled as computerised straight forecasts on the selections nominated to finish first and second, with the selection for third place discounted.

c. Any tricast which contains an unnamed favourite, that selection will be settled as a non-runner.

d. Tricasts will be settled in accordance with the official computerized return.

e. Should a tricast include a non-runner, the total stake will be invested as a computerised straight forecast on the remaining two selections in the order selected. In the case of combination tricasts the total stake will be invested as a reversed straight forecast on the remaining two selections.

f. Should a tricast include two non-runners, the stake will be void.

Examples for e. and f. above
i). Full cover (24 Bets) selections A,B,C,D, with D as a nonrunner is settled in the following manner: Full cover Tricast A,B,C = 6 Bets Full cover Forecast (3 x stake unit) A,B,C = 18 bets
ii). The same bet but with C and D as non-runners is settled as following: Full cover Forecast (6 x stake unit) A,B = 12 bets plus 12 Single bets void.
g. If less than three horses finish in a tricast race, a dividend will be declared on those that finish.

All horse racing outside Ireland or the U.K are settled on a Rules of Racing basis only. In countries where bookmakers do operate and an official starting price is returned, bets are accepted in accordance with our general rules and any conditional rules applicable to the country concerned, as advertised by Paddy Power.

In countries where there is no Starting Price market in operation, bets maybe accepted at the following where available:
1. Paddy Power Early Prices or SIS Industry shows.
2. For selected meetings when an SIS/Industry S.P. is in operation and advertised, bets not at a Early or Show price will be settled at the SIS/Industry SP and not at Pari-mutuel returns. (Bets maybe accepted at Pari-mutuel returns for meetings when an SIS/Industry is in operation only if we display this facility - otherwise bets will be settled at the Industry SP)
3. When there is no SIS/Industry SP in operation bets placed not at an Early or Show price will be settled at Pari-Mutuel returns.

US Racing Rules:

Unlike horse racing in Ireland & UK there are no prices from the racetrack. All bets are settled to the US pari-mutual returns. PaddyPower will pay track odds upon results as declared by the US Host Track. Only bet types offered by the US Host Track on races will be accepted by PaddyPower. PaddyPower will refund all bets on a race that is declared by the US Host Track to be a No-Contest i.e. where due to scratched (non-runners) entrants there are insufficient wagering interests remaining to fulfil the requirements of the bet type. Win pools, Exacta pools, and first leg of Double pools offered in contests in which the number of betting interests has been reduced to less than two.
Place pools, Quinella pools, Trifecta pools, offered in contests in which the number of betting interests has been reduced to fewer than three. Show pools, Superfecta pools, offered in contests in which the number of betting interests has been reduced to less than four.

2. Dividend:
A dividend is declared at the track for the winner and the place horses. All dividends must be halved to get the actual return. E.g. you placed 10 Euro win on Horse No 1 Race 1 at Arlington. The selection wins and paid 34.00 on the US tote. Your winnings would be 170.00 because the tote dividend is declared to a 2$ stake.

3. Place terms:
Win bets are settled to the win pool. Each way bets with 8 or more runners are settled to Win and Show pool. In races with 5 to 7 runners the place part of an each way bet is settled to the place pool.

4. Exacta:
This bet requires you to select the first and second horses in a race, in their exact order of finish. This can also be reversed at twice the stake.

5. Trifecta (can also be called Triacta):
You must select the first, second, and third finishers in a race, in their exact order. To finish in any order it involves 6 bets.

6. Coupled Horses:
Unlike pari-mutuel betting in Europe, in the US when a horse is coupled it is so for all bets, not just win bets.


Paddy Power Daily Specials-Special Win Doubles, Trebles Etc.
If the S.P return is greater than the Special advertised price for Win Doubles, Trebles etc - we pay S.P. (This does not apply to any Specials including a ‘placed’ selection). In the event of any non-runner(s) in any of the races from which the above have been selected we reserve the right to revert the bet to SP.‘ Jockey Specials’ stand irrespective of who actually rides the named selections in the special. Where any of the selections included in the Special are non-runners, the bet reverts to S.P. settlement, with an accumulator settled as a treble and a treble settled as a double etc. In the event of any non-runners in the races from which a place only selection has been nominated, our normal place betting terms will automatically apply, ie bets revert to normal place terms according to the number of runners in each race as detailed under E/W Betting. For example, if we advertise a horse to be placed in the first four, and due to N/R’s the field is reduced to less than 16 runners, it will automatically become the first three places only etc. Any Paddy Power Special doubles, trebles etc inadvertently accepted after the first show has been given by S.I.S. will automatically revert to S.P.

Where we offer a ‘Guaranteed Odds Race’ if you take the ‘Early Advertised Price’ on this race and the starting price (SP) is greater - we pay SP. Please note this offer applies to Early Prices only and does not apply to Show/Screen prices.

Betting on the winning distance will be on races only as displayed. The winning distance will be that margin, as officially announced between the winning horse and the second.All Winning Distance bets are settled on a "First Past the Post" basis only, ie Double Result does not apply. In the event of a withdrawal resulting in a rule 4 of 10c or greater in a race where we offer "distance betting" the rule 4 amount will be split between the number of distance options.

Where we offer prices on an event without a nominated selection (normally the favourite), for settlement purposes the finishing position of the "without" selection will be ignored.Any each-way terms advertised are settled on the actual number of runners who take part in the race, excluding the "without" selection.

All bets are settled in accordance with the official returns in the Racing Post (excluding errors), or in its absence the National press.

Where we quote a price for two or more specified selections in a win or place multiple, settlement will revert to SP if there is a dead heat in any leg of the bet.

Where we quote Special Match Betting all bets are settled Rules Of Racing according to the official returns in the following days Racing Post. Bets are settled on the best finishing position. In the event of both runners failing to complete the course - bets are settled on "furthest to complete" according to the official result.

Distances for each race at a meeting is settled on a "First Past the Post" basis. If less than 4 races are run bets are void unless the maximum quote has been attained. Other applying conditions will be displayed on the day.

If the jockey rides any horse which, according to that days Racing Post, he was not scheduled to ride, that ride does not count for the purposes of bets on that jockey.

How many of the selected horses will win their respective races today? If any of the selected horses are non-runners all bets are void unless the maximum quote has already been attained.

If the Favourite is withdrawn the 2nd favourite replaces the favourite for this market. If both the first and 2nd favourites are withdrawn the next lowest horse(s) in the betting counts for this market. If neither an Official SP or Industry SP is returned on any of the included races- all bets on this market are void.

In the event of a horse being withdrawn, not under starter’s orders, stakes on that selection will be returned. Bets for the remaining horses in the race will be subject to a deduction in accordance with Tattersalls R4(c) based on the Win price of the withdrawn horse(s) at the time of withdrawal, (see Tattersalls R4 table under Horse Racing rules). E.g. Horse X priced at 4/1 in the win market and EVS in the Place Only Betting market is withdrawn then a R4 deduction of 20c based on the 4/1 Win price shall apply to the Place Only Betting market. The number of places being paid shall remain constant. E.g. If we are originally paying 3 places and the race is reduced to 7 or less runners we shall still pay 3 places. The only exception to this is when the number of runners is equal to or less than the number of places on offer. In this instance all bets are void. Normal dead-heat rules apply.

Jockey Performance:
Points are awarded for jockey performance as follows: Win - 25pts 2nd - 10pts 3rd - 5pts If any of the jockey’s intended rides are non runners, points will be awarded as follows: Evens or shorter - 15pts 11/10 to 7/2 - 10pts 4/1 to 8/1 - 5pts 9/1 or more - 0pts The price used will be the Paddy Power early price at time of confirmation of non-runner. The last show price will be used if horse is withdrawn during the show. If it is a race without early prices and before first show the predicted SP in the Racing Post shall be used. In the event of a walkover points will be settled by the same method as if the jockey’s horse was a non-runner. Other than a walkover the number of runners in a race does not affect the points awarded. E.g. In a 3 runner race 3rd place gets 5 points. If a jockey fails to ride any of his intended mounts but the horse does run, the horse’s performance does count towards the points total for the jockey.

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