313 or 4 placed competitors bets

31 3 or 4 placed competitors bets

(1)  In this regulation –

3 or 4 placed competitors bet means a bet that requires the bettor to back, from each race in a group of 3 or 4 races displayed on the bookmaker's board, a competitor to run a place, where each competitor's odds have been displayed on the bookmaker's board and been added together to achieve bet-value (bet-value being the overall odds payable on a winning bet).

(2)  The following conditions apply to a 3 or 4 placed competitors bet:

(a) the bet is determined on the first occasion when the bettor’s selection for a relevant race loses or is taken to have lost;

(b) if any one or more of the backed competitors is scratched before the first relevant race is run, the bet is void;

(c) winning bets are not subject to any betting deductions for late scratchings;

(d) provided that all scratchings occur after the first relevant race starts –

(i) if a scratching prevents a win, the remaining placed competitors must be paid at the product of the relative totalizator place odds; and

(ii) if there are 3 scratchings, the remaining placed competitor must be paid at the relative totalizator place odds.