45Odds not offered for tie, draw or dead heat: generally

45 Odds not offered for tie, draw or dead heat: generally

If an event results in tied winners or tied place-getters and odds on that result were not offered by a bookmaker, the revised dividend for a winning sports bet placed with that bookmaker on that event is to be calculated in accordance with the following formula:

where –

F is the face value of the betting ticket (the original dividend);

C is the number of the competitors involved in the tie;

P is the number of official placings to be filled by the competitors figuring in the tie.