Wagering Rules

- General Provisions
- The provisions contained in these ''Wagering Rules'' are subject to change without notice. It is the responsibility of any person seeking to rely on these Wagering Rules to ensure that they are making reference to the most recent version of our Wagering Rules by visiting the VicBet Website.
- Where they appear in these General Terms & Conditions, the following terms and expressions have the meaning attributed to them in this Clause:
- "Customer" means a registered holder of a VicBet Customer Account.
- "Customer Credentials" means your VicBet User ID and Password.
- "VicBet Platform" means, collectively, each of VicBet''s wagering channels including the:
- VicBet Website;
- VicBet Mobile Site; and
- VicBet Mobile App.
- "VicBet Rules" means any rules from time to time propagated by VicBet in respect of the VicBet Platform and its use, and include:
- The General Terms & Conditions; and
- These VicBet Wagering Rules.
- "VicBet Website" means our wagering website located at www.vicbet.com.
- Any references to "you" or "your" in these General Terms & Conditions is a reference to a VicBet Customer.
- Any references to "we", "us" or "our" in these General Terms & Conditions is a reference to VicBet.
- By opening a VicBet Customer Account, you agree to be bound by the terms and conditions set out hereunder and the VicBet General Terms & Conditions.
- These 'Wagering Rules' shall be governed by, and construed in accordance with, the Laws of the State of Victoria. In the event of any dispute arising from or in connection with these Rules, VicBet and the Customer irrevocably submit to the exclusive jurisdiction of the courts of Victoria.
- You agree that it is your responsibility to pay any tax or duty imposed on you by any competent authority in connection with your wagering activity.
- Liability
- To the maximum extent permitted by law, VicBet excludes all warranties (express or implied) relating to its wagering business and shall not have any liability for direct, indirect or consequential loss, damage, expense or injury suffered by any Customer.
- Without prejudice to any other Rule, the maximum aggregated liability of VicBet in respect of any liability arising under or in connection with these rules, howsoever arising (including by way of contract and/or under an indemnity in tort including negligence or any other theory of law) shall be limited to the total amount of the wager giving rise to the dispute.
- Reserved Rights
- We reserve the right to void any or all wagers and/or close the Customer Account of any individual or group attempting to defraud VicBet by any means including, without limitation, through the manipulation of the 'Official Prices', or the totalisator pools and associated dividends in any jurisdiction.
- We reserve the right to, at any time, refuse any bet (or part of any bet) at our sole and absolute discretion and without advance notification, subject only to the Australian Rules of Racing and the Rules of Racing of Racing Victoria. Circumstances in which we may refuse a Customer's bet include but are not limited to where the Customer is, or where we reasonably believe the Customer is:
- Less than eighteen (18) years of age;
- Placing the bet on behalf of a person who is or may be less than eighteen (18) years of age;
- Placing the bet on behalf of a person other than the holder of the Customer Account in which the bet is placed;
- Using a 'robot' or any other automated process or application to place the bet;
- In breach of these Rules;
- In breach of any applicable law;
- Attempting to take a dividend that has changed since the bet was submitted; and
- Attempting to place a wager on an event that has closed.
- We reserve the right to refuse or cancel any bet where that bet was placed at a dividend which is objectively in error including, without limitation, where there is a misplaced decimal point or a match posted with the wrong favourite. In the event that we do elect to cancel such a bet or bets, we will use our best endeavours to notify affected Customers of the cancellation of their bets by email and/or telephone prior to the commencement of the event, however, any failure to do so will not prejudice our right to cancel the bet.
- We reserve the right to restrict a Customer from accessing or withdrawing deposited or accrued funds, and to withhold winnings in respect of successful wagers, where we reasonably suspect that the Customer account has been unlawfully funded including via the misuse or fraudulent use of a credit card or other payment method. In such circumstances, VicBet further reserves the right to report the suspicious banking activity (including the details of the perpetrator) to any relevant authority, and to thereafter temporarily suspend or permanently close the relevant Customer Account/s.
- General Wagering Management
- Placement & Acceptance of Wagers
- All wagers placed with VicBet are taken to be placed and accepted in the State of Victoria notwithstanding the location of the Customer at the time of submitting a bet request.
- Event dates and start times as published by VicBet are indicative only. Except in the case of 'in-play wagering', wagers will only be accepted on an event until the earlier of:
- The advertised start time of the event;
- The actual start time of the event; and
- Any other time for the closure of betting as specified by VicBet.
- VicBet reserves the right to cancel any bet that has been submitted after the commencement of the relevant event.
- Internet Betting
- Where a Customer has submitted a bet request via the Internet on any of our online wagering channels, said bet is taken to be accepted upon receipt of the confirmation (and accompanying 'Ticket Number') by the Customer.
- Telephone Betting
- Where a Customer submits a bet request via the telephone:
- The Customer is wholly responsible for accurately quoting the details of their VicBet Customer Account (including their Customer Credentials) to the VicBet operator; and
- Said bet is taken to be accepted when the confirmation has been provided to the Customer by the VicBet operator.
- In the event that a telephone communication between a VicBet representative and a Customer is interrupted (for any reason whatsoever) during the course of said Customer submitting a bet request, any unconfirmed bet will be deemed not to have been accepted and will not stand. In such circumstances, it is the responsibility of the Customer to contact us to either obtain a confirmation of the requested bet, or to re-submit their bet request.
- VicBet will record all telephone communications with Customers including where the Customer is placing a bet, lodging a complaint, or otherwise making a query in respect of their Customer Account. The Customer irrevocably agrees to such recordings being made. If there is dispute between VicBet and the Customer regarding a telephone bet or interaction, and that dispute cannot be resolved between the parties, the Customer agrees that the recording/s may be made available to any adjudicator or authority enlisted to resolve the dispute. VicBet will retain all voice recordings securely in accordance with our various privacy obligations.
- Where a Customer submits a bet request via the telephone:
- Modification and/or Cancellation of Bets
- For the avoidance of doubt, VicBet Management will not agree to the modification, cancellation or voiding of a standing wager after the commencement of any event to which the relevant wager relates.
- If any Customer bets are voided pursuant to these Wagering Rules:
- The amount of the voided bets shall be refunded to the Customer''s Account; and
- The payout in respect of any affected Multi-Leg Bets will be recalculated to take account of the voided leg or legs.
- Customers are responsible for the security of their VicBet Customer Account, as well as for all of the activity connected to it or conducted within it.
- Any wagers submitted via the Internet using a VicBet Customer Account, or via the Telephone having quoted a VicBet Customer's Customer Credentials, will be deemed to have been validly submitted by the relevant Customer and, once accepted, may not be modified, cancelled or voided except at the sole and absolute discretion of VicBet Management.
- 'In-Play' Betting
- 'In-Play Betting' (a.k.a. Live Betting) refers to a continuous form of betting whereby Customers are able to place bets after the commencement of an event.
- In compliance with the Interactive Gambling Act 2001 (Cth) and other prevailing legislation, we do not accept or allow the submission of in-play wagers via any online wagering channel. All in-play wagers must be placed via the telephone.
- We do not warrant that we will offer In-Play Betting on every event, or at all.
- In order to request and/or place an 'in-play' wager, Customers must contact us via telephone to obtain a quote on any available In-Play Betting options.
- All wagers made 'in-play' shall be subject to the same rules applicable to pre-match wagering on the relevant event unless otherwise expressly stated.
- Placement & Acceptance of Wagers
- Racing (Thoroughbreds / Harness / Greyhounds)
- Racing Wagering Products
- VicBet may offer the following Wagering Products on thoroughbred, harness and greyhound racing:
Best Tote + SP The Customer will receive the greater of:
- The highest of the dividends declared by the Victorian TAB, the New South Wales TAB and the Queensland TAB; and
- The 'Official Starting Price'.
For 'Each-Way' wagers placed on the 'Best Tote + SP' product, the place portion of the wager will be paid out at 'Middle Tote'.
Best of 3 Totes The Customer will receive the greater of the dividends declared by the Victorian TAB, the New South Wales TAB and the Queensland TAB.
For 'Each-Way' wagers placed on the 'Best of 3 Totes' product, the place portion of the wager will be paid out at 'Middle Tote'.
Best of 2 Totes The Customer will receive the highest of the dividends declared by the Victorian TAB and the New South Wales TAB.
For 'Each-Way' wagers placed on the 'Best of 2 Totes' product, the place portion of the wager will be paid out at 'Middle Tote'.
Win & Place Tote +5% The Customer will receive the dividend declared by the Victorian TAB plus an additional 5% of the amount profit generated by the wager.
Middle Tote The Customer will receive the median dividend declared by the Victorian TAB, the New South Wales TAB and the Queensland TAB.
Fixed Odds The Customer will receive the dividend available and taken at the time of bet placement. 'Fixed Odds (Win)' and 'Fixed Odds (Place)' dividends are not subject to fluctuation after acceptance of the wager.
Fixed Win & Place odds are available on the VicBet website and once confirmed are not subject to fluctuation.
For 'Each-Way' wagers placed on the 'Fixed Odds' product, the place portion of the wager will be paid out at 'Middle Tote'.
Top Fluctuation The Customer will receive the highest dividend forming part of the Official Price fluctuations as posted by the racing authority of the State in which the race is being run.
For 'Each-Way' wagers placed on the 'TF' product, the place portion of the wager will be paid out at 'Middle Tote'.
TF is subject to deductions if applicable.
If there are no Official Prices TF will be paid at BTSP.
Best of the Best (BOB) The Customer will receive the greater of:
- The highest of the dividends declared by the Victorian TAB, the New South Wales TAB and the Queensland TAB; and
- The 'Top Fluctuation'.
Exotics VicBet may offer the following Racing exotic bet types:
- Quinella
- Exacta
- Trifecta
- First Four; and
- Quadrella.
For all racing exotics, the Customer will receive the dividend declared by the Victorian TAB.
Quinella A Quinella is when the Customer has predicted the two runners that placed first and second, irrespective of the specific order in which those runners finished.
Exacta An exacta is when the Customer has predicted the two runners that placed first and second in the correct order.
Trifecta A Trifecta is when the Customer has predicted the three runners that placed first, second and third in the correct order.
First Four A First Four is when the Customer has predicted the four runners that placed first, second, third and fourth in the correct order.
Quadrella A Quadrella (or 'Quaddie') is when the Customer has predicted the winners of the four races designated by the Victorian TAB as forming part of the Quadrella.
- VicBet may offer the following Wagering Products on thoroughbred, harness and greyhound racing:
- Abandonments & Relocations
- If a race meeting is abandoned or postponed for any reason whatsoever, VicBet may, at its sole and absolute discretion and without regard to the actions or announcements of any TAB, racing authority or other wagering operator, void any standing single and exotic wagers on the abandoned or postponed meeting.
- If a race meeting is merely transferred from one location to another, the original wagering rules and limits will apply to that meeting as if it were never transferred.
- Scratchings & Final Acceptances
- If a runner is scratched following final acceptances and/or the declaration of the final field of a given race:
- All wagers that were placed on the scratched runner prior to the declaration of the final field will be deemed to have been taken on an 'All-In' basis and therefore be deemed losing bets;
- All wagers that were placed on the scratched runner after the declaration of the final field will be voided;
- All 'Fixed Odds' wagers placed after the declaration of the final field on any runners remaining in the field will be subject to a Deduction calculated in accordance with the VicBet Schedule of Deductions (see Section 5J).
- If the scratching occurs in the Official Pricing Period (25 minutes before Metro races and 20 minutes Non-Metro races in Australia) then the deuctions applied will be those supplied by the relevant state body. These are available from www.admin.officialprice.com.au
- If a runner is scratched following final acceptances and/or the declaration of the final field of a given race:
- 'Dead Heat' Rule (Racing)
- In the event of a 'Dead Heat' (i.e. where two or more runners in an event are declared to have finished tied), unless a 'Dead Heat' was an available betting option:
- Any 'Fixed Odds' wagers on the tied runners will be paid out at the face value of the relevant wagering ticket divided by the number of runners involved in the Dead Heat; and
- Any 'Tote-Based' payouts will be paid out in accordance with the dividends declared by the TABs (which will have been adjusted to account for the Dead Heat).
- For the avoidance of doubt, for the purposes of the 'Dead Heat Rule':
- Wagers on 'Top Fluctuation' and 'Official Starting Price' products are deemed to be 'Fixed Odds' wagers; and
- Any 'Fixed Odds' component of a 'Tote-Derivative' Wagering Product such as, for example, the Official Starting Price component of a 'Best Tote + SP' wager, shall be calculated as if it were a 'Fixed Odds' wager.
- In the event of a 'Dead Heat' (i.e. where two or more runners in an event are declared to have finished tied), unless a 'Dead Heat' was an available betting option:
- Payout Limits (Racing)
- Unless otherwise agreed or elsewhere stated in writing, the maximum amount that VicBet will be obliged to payout to a Customer on any single racing event - notwithstanding the number or amount of wagers placed by that Customer on said event - shall be limited as follows:
Payout Limit Metropolitan Gallops $30,000 Provincial, Country and Hong Kong Gallops $15,000 International Races (T,H,G) $5,000 All Australian Harness Racing $7,500 All Australian Greyhound Racing $7,500 - Without limiting the effect of the preceding Clause regarding event payout limits, the maximum amount that VicBet will be obliged to payout to a Customer on any single wager shall be limited depending on the bet type as follows:
Win Place Metropolitan Gallops $20,000 $10,000 Provincial, Country and Hong Kong Gallops $10,000 $5,000 International Races (T,H,G) $5,000 $2,500 All Australian Harness Racing $5,000 $2,500 All Australian Greyhound Racing $5,000 $2,500 Quinella
ExactaTrifecta
First 4Metropolitan Gallops $20,000 $20,000 Provincial, Country and Hong Kong Gallops $10,000 $10,000 International Races (T,H,G) $5,000 $5,000 All Australian Harness Racing $5,000 $5,000 All Australian Greyhound Racing $5,000 $5,000 Quadrella Metropolitan Thoroughbreds $20,000 Provincial, Country and Hong Kong Gallops $10,000 International Races (T,H,G) $5,000 All Australian Harness Racing $5,000 All Australian Greyhound Racing $5,000 Please Note: All amounts stated in the above table are references to the maximum amount of profit that a Customer can receive in connection with a racing event.
- The maximum payout of any Multi Leg Wager on Australian Thoroughbred Racing is $20,000. On any other Multi Leg wager the maximum payout is $10,000. This includes all bet types such as Top Fluctuation, Tote betting and Fixed. NOTE: We do not do Multi Bets including the BOB.
- Notwithstanding the dividend declared by any Australian TAB, the maximum dividend that Vicbet will be obliged to pay out in respect of any 'Tote' or 'Tote-Derivative' Win or Place bet shall not exceed $101.00.
- In the case of any 'Tote' or 'Tote-Derivative' product (including, without limitation, Racing Exotics), Vicbet reserves the right to limit the total payout to a Customer in respect of a successful wager to the total amount held in the relevant Victorian Supertab pool.
- VicBet may elect, at its sole and absolute discretion, to pay a Customer more than the maxima prescribed in the tables set out in this Clause.
- Unless otherwise agreed or elsewhere stated in writing, the maximum amount that VicBet will be obliged to payout to a Customer on any single racing event - notwithstanding the number or amount of wagers placed by that Customer on said event - shall be limited as follows:
- 'Minimum Bet Liability Limits'
- The maximum amount that a Customer can stake on any wager will be determined by Vicbet Management on a case-by-case basis having regard to factors such as the level of the event on which the wager is placed and the prevailing market conditions. Vicbet will attempt to satisfy all bet requests but may reject or partially accept certain bet requests at its discretion, subject only to any 'Minimum Bet Limit' applied by any wagering control authority in the relevant jurisdiction.
- A number of Australian wagering control bodies prescribe 'Minimum Bet Limits' for the benefit of punters. For events in which a 'Minimum Bet Limit' has been officially prescribed, we must accept any wagers where the Customer's potential profit is below the specified threshold. Some of the Minimum Bet Limits in place are summarised below:
Gallops
Metropolitan
Gallops
Provincial &
CountryVIC $2,000/800 $1,000/400 NSW $2,000/800 $1,000/400 NT No MBL No MBL QLD $1,000/400 $1,000/400 SA $1,000/400 $1,000/400 TAS $1,000 $1,000 WA $1,000 $500 Please Note:
'Minimum Bet Limits' apply only to 'Fixed Odds' bets. They do not apply to bets on 'Top Fluctuation', 'Best of the Best', tote or tote-derivative products, racing exotics, or multi-leg bets.
'Minimum Bet Limits' apply to bets placed after 9:00am on the day of the race meeting, unless the meeting is a night meeting in which event the 'Minimum Bet Liability Limits' take effect at 2:00pm on the day of the race meeting. In both Victoria and Queensland if prices are live for the thoroghbred meeting then MBL applies.
- 'Fixed Odds (Place) ' Betting & Reduced Fields
- Where there are eight (8) or more runners in a given race, 'Fixed Odds (Place)' dividends will be paid in respect of the 1st, 2nd and 3rd placegetters.
- Where there are seven (7), six (6) or five (5) runners in a given race, 'Fixed Odds (Place)' dividends will be paid only in respect of the 1st and 2nd placegetters.
- Where there are less than five (5) runners in a given race (including where the field is reduced as a result of late scratchings), all 'Fixed Odds (Place)' wagers (including the 'Place' portion of any 'Each-Way' wagers) will be voided.
- 'Tote' & 'Tote-Derivative' Betting
- In the event that trading in one or more of the totalisator pools is suspended or interrupted, VicBet reserves the right to postpone the resulting of any wager contingent on any of said totalisator pools until such time as the suspension or interruption is resolved.
- In the event that one or more of the Australian TAB's (STAB, NSW or QLD) returns an elevated dividend owing the smaller pool sizes (particularly place pools) or any other reason then VicBet reserves the right to exclude or ignore that elevated dividend or dividends for the purposes of calculating the payout of any contingent or affected wager. If the Best Tote (BT) Win Bets or Middle Tote (MT) Place Bets dividend is more than double the Final Fixed Odds dividend we will pay out at the Final Fixed Odds displayed for the Win or the Place on the VicBet website. As an example (so there is no confusion), if a client has $1k the Place at the Middle Tote (MT) and the MT pays $9.60, however the Final Fixed Odds for the place are $4.60. In this case the MT is more than double the Final Fixed Odds (which is the fairer odds) then we reserve the right to payout the wager at the Final Fixed Odds as displayed on the Vicbet website on the Bet Screen.
- If the total amount of any totalisator pool for any product is less than five hundred dollars ($500.00), VicBet may, at it sole and absolute discretion, disregard such totalisator pool in the calculation of any tote-derived dividend.
- VicBet may, at its discretion, place a limit on the payout in respect of any 'Tote' or 'Tote-Derivative' wager such that the dividend at which a Customer's wager is paid will not be more than double the amount of the second-highest of the dividends declared by the three Australian TABs.
- 'Tote-Derivative (Place) ' Betting
- 'Tote-Derived (Place)' dividends shall be paid in respect of any runner for which the Victorian TAB declares a place dividend.
- Notwithstanding the dividends declared by any Australian TAB, VicBet reserves the right to apply a cap on, and downwardly adjust, any 'Tote-Based (Place)' dividend such that the 'Tote-Based (Place)' dividend of a runner does not exceed the 'Tote-Based (Win)' dividend of said runner (as declared by any of the three TABs).
- Schedule of Deductions
- The following table details the amount that will be deducted from the 'Fixed Odds' dividend taken by a Customer in the event of a runner being scratched after the placement of the Customer's bet
- In the following table:
A B C D 1.05 0.80 0.30 0.44 1.06 0.80 0.30 0.44 1.07 0.80 0.30 0.44 1.08 0.80 0.30 0.44 1.09 0.80 0.30 0.44 1.10 0.80 0.30 0.44 1.12 0.80 0.30 0.44 1.14 0.80 0.30 0.44 1.16 0.80 0.30 0.44 1.18 0.79 0.30 0.44 1.20 0.78 0.30 0.44 1.22 0.77 0.30 0.44 1.24 0.75 0.29 0.43 1.26 0.74 0.29 0.43 1.28 0.73 0.29 0.43 1.30 0.72 0.29 0.42 1.35 0.69 0.29 0.42 1.40 0.67 0.28 0.41 1.45 0.64 0.28 0.41 1.50 0.62 0.28 0.40 1.55 0.60 0.27 0.39 1.60 0.58 0.27 0.39 1.65 0.57 0.27 0.38 1.70 0.55 0.27 0.38 1.75 0.53 0.26 0.37 1.80 0.52 0.26 0.37 1.85 0.51 0.26 0.36 1.90 0.49 0.25 0.36 1.95 0.48 0.25 0.35 2.00 0.47 0.25 0.35 2.05 0.46 0.25 0.35 2.10 0.45 0.24 0.34 2.15 0.43 0.24 0.34 2.20 0.42 0.24 0.33 2.25 0.42 0.24 0.33 2.30 0.41 0.24 0.33 2.35 0.40 0.23 0.32 2.40 0.39 0.23 0.32 2.45 0.38 0.23 0.32 2.50 0.37 0.23 0.31 2.60 0.36 0.22 0.30 2.70 0.35 0.22 0.30 2.80 0.33 0.21 0.29 2.90 0.32 0.21 0.29 3.00 0.31 0.21 0.28 3.10 0.30 0.20 0.27 3.20 0.29 0.20 0.27 3.30 0.28 0.20 0.26 3.40 0.27 0.19 0.26 3.50 0.27 0.19 0.25 3.60 0.26 0.19 0.25 3.70 0.25 0.19 0.25 3.80 0.25 0.18 0.24 3.90 0.24 0.18 0.24 4.00 0.23 0.18 0.23 4.20 0.22 0.17 0.23 4.40 0.21 0.17 0.22 4.60 0.20 0.16 0.21 4.80 0.19 0.16 0.21 5.00 0.19 0.16 0.20 5.50 0.17 0.15 0.19 6.00 0.16 0.14 0.18 6.50 0.14 0.13 0.16 7.00 0.13 0.12 0.16 7.50 0.12 0.12 0.15 8.00 0.12 0.11 0.14 8.50 0.11 0.11 0.13 9.00 0.10 0.10 0.13 9.50 0.10 0.10 0.12 10.00 0.09 0.10 0.12 11.00 0.08 0.09 0.11 12.00 0.08 0.08 0.10 13.00 0.07 0.08 0.09 14.00 0.07 0.07 0.09 15.00 0.06 0.07 0.08 16.00 0.06 0.07 0.08 17.00 0.05 0.06 0.07 18.00 0.05 0.06 0.07 19.00 0.05 0.06 0.07 20.00 0.05 0.05 0.06 21.00 0.04 0.05 0.06 26.00 0.03 0.04 0.05 31.00 0.03 0.03 0.04 41.00 0.02 0.03 0.03 51.00 0.02 0.02 0.02 - Column A represents the dividend of the scratched runner at the time of its scratching;
- Column B is the amount that will be deducted from the Customer's 'Fixed Odds' dividend before their bet is resulted;
- Column C is the amount that will be deducted from the Customer's 'Fixed Odds (Place)' dividend before their bet is resulted in a market where 'Place' bets are being paid on the 1st, 2nd and 3rd placegetters;
- Column D is the amount that will be deducted from the Customer's 'Fixed Odds (Place)' dividend before their bet is resulted in a market where 'Place' bets are being paid on the 1st and 2nd placegetters only.
- Racing Exotics
- For all racing exotics, the Customer will receive the dividend declared by the Victorian TAB.
- In the event of a 'jackpot':
- If the Customer has a Unit Stake of greater than 1, the Customer will receive the dividend derived by dividing the amount of the Victorian TAB jackpot by the Customer's Unit Stake; or
- If the Customer has a Unit Stake of less than 1, the Customer will receive the dividend derived by multiplying the amount of the Victorian TAB jackpot by the Customer's Unit Stake.
- In the unlikely event that the Victorian TAB is not offering racing exotics in the location in which the Customer's exotic wager is struck, the Customer will receive the lowest of the dividends declared by the New South Wales TAB and Queensland TAB.
- In addition to the maximum payouts detailed in Section 5E, VicBet reserves the right to further limit the total payout to a Customer in respect of a successful racing exotics wager if the total amount to be paid out to a Customer would exceed the total amount held in the relevant Victorian TAB pool. In such an event, VicBet may, acting in its sole and absolute discretion, limit the total payout to Customers to the total amount held in said Victorian TAB pool.
- Except in the case of Quadrella bets, if a runner forming part of a Customer's exotics selections is either scratched or declared a 'non-runner' after the placement of the wager, the Customer will receive a refund in respect of every combination that includes the scratched runner.
- In the case of Quadrella bets, if the Customer's Quadrella selections include a runner or runners that is/are later scratched, the 'substitute' (as nominated by the Victorian TAB) will be added to the Customer's selections in place of each of the Customer's selections that have been scratched.
- Jockey & Box Challenges
- Jockey & Box Challenge wagers will be available only on selected meetings and on a 'Win Only' basis.
- Jockeys / Boxes accrue points in the 'Jockey/Box Challenge' on the basis of three points for a win, two points for finishing second, and one point for finishing third. The jockey/box that accrues the most points will be declared the winner.
- In the event that two or more jockeys/boxes tie for victory in the Jockey/Box Challenge, the 'Dead Heat Rule (Racing)' will apply.
- Wagers placed on a jockey/box that does not take part in at least one (1) race in the relevant meeting will be voided.
- In the event that a race meeting, or any race comprising that meeting, is postponed, abandoned or declared a 'no-race' by stewards, all wagers in a Jockey/Box Challenge market will be voided unless, at the time of the postponement, abandonment or the first declaration of a 'no-race', a jockey/box has a wholly unassailable lead in the Jockey/Box Challenge in which event all wagers (both successful and unsuccessful) will be settled as if the meeting had proceeded to completion.
- Vicbet Protest Payout
- VicBet 'Protest Payout' will be offered (only) on all Australian Thoroughbred and Harness races.
- VicBet 'Protest Payouts' will only be made in respect of:
- Bets on horses that are first past-the-post but later relegated as a result of an upheld protest;
- A Customer's first accepted bet on the affected runner;
- Races where the result is changed as the result of an official protests, and will not be applied in the event of the disqualification of a horse including, for example, if the affected horse is disqualified as a result of weighing in light;
- 'Win Only' bets, and the 'Win' portion of 'Each-Way' bets, on the affected runner; and
- Valid bets placed on events for which the final field was declared prior to bet placement.
- For the avoidance of doubt, VicBet 'Protest Payouts' will not be made in respect of:
- Bets on horses that originally finished second or third past-the-post but are relegated out of the placings as a result of a 'minor protest';
- Bets placed on futures markets or otherwise placed prior to the declaration of the final field; and
- Special markets, products or bet types including, without limitation, multi-leg bets, exotics, bonus bets, head-to-head betting, 'Odds-vs-Evens' and 'Favourite-vs-Field' markets, and box/jockey challenge markets.
- In the event of an official protest being upheld, any Customer bets placed in a 'Run Second to the Favourite' (or similar market) on the affected race shall be voided.
- Subject to the VicBet Wagering Rules, the amount of an VicBet 'Protest Payout' will be equal the full amount that the Customer would have received but for the upheld protest subject to the following payout limits:
- One thousand dollars ($1,000) per Customer per race; and
- Two thousand, five hundred dollars ($2,500) per Customer per day.
- For the avoidance of doubt, VicBet 'Protest Payouts' will be made (subject to this Clause):
- Regardless of the medium through which the Customer placed their bet;
- To recreational customers only and VicBet reserves the right to, at its sole and absolute discretion, exclude or limit the eligibility of certain Customers from receiving the benefit of the VicBet 'Protest Payout' promotion.
- Same Race Multis (SRM)
- Same Race Multi bets are available on all Australian Thoroughbred, Harness and Greyhound races and on selected international events
- Thoroughbred SRM's are available from 9am local time and once fixed odds win prices are available.
- Greyhound and harness SRM's are available 10 minutes prior to each race on the card and once fixed odds win prices are available for the race.
- SRM odds are calculated on the relatedness of the selections in the bet and are not a multiplication of the odds for each selection. You will be able to see the odds as the SRM is built.
- SRM bets will be voided and stake fully refunded if one or more selections are scratched.
- If a a voided SRM has been placed into a multi containting other single(s) or SRM(s), the remainder of the multi will stand and odds will be revised to take into account the voided leg.
- Standard deductions will apply to SRM bet when scratching(s) occur after the bet has been placed.
- In the event of a dead heat in one or more SRM legs, standard dead heat rules apply.
- SRM's may be removed from a client's profile at Vicbet's sole and absolute discretion.
- With regards to the Vicbet SRM Bet Type, if a Client has multiple SRM's then the limits as described below are the total a Client can collect on the race wagered on.
- The SRM Maximum Payout limits are listed below and are calculated on a per race basis:
- Metropolitan Gallops - $10,000
- Non-Metro Gallops - $5,000
- Hong Kong Gallops - $5,000
- International Races (T,H,G) - $3,000
- All Australian Harness - $3,000
- All Australian Greyhounds - $3,000
- Racing Wagering Products