Alice Springs

6 How To Bet MAXIMUM BOOKMAKER BET LIMITS Up until 3 minutes prior to the advertised starting time of the race bookmakers need not risk more that $1,000 on any one bet– When a bookmaker refuses to accept a bet which is in excess of the maximum amount which he is obliged to accept under the provision of this rule, the bookmaker must inform the bettor of the lesser amount which the bookmaker is obliged to accept under the rule. BETTING DEDUCTIONS EXPLAINED After a Bookmaker has posted their prices for a race, a horse may be scratched for any number of reasons. When this occurs the Bookmakers original prices are now incorrect, as they were based on scratched horse/s taking part in the event. Bookmakers have no jurisdiction over deductions and are directed by the Northern Territory governing racing bodies who have adopted the ARB (Australian Racing Board) sanctioned method of calculating a deduction. Depending on the amount of horses scratched, and their price, the deduction will differ. For example if a short priced favorite is scratched the deduction is greatly increased, and the more horses scratched the higher the deduction. However when a long shot or higher priced horse is scratched the deduction is minimal or none as it has less effect on the price. A bookmaker has to refund the money on scratched horse/s To place a UBet on course, tell the operator the following about the bet(s) you want to make: 1. Meeting location and race number 2. Bet type 3. Runner number(s) 4. Amount you wish to spend You will receive a ticket with the details of your bet. This is your proof of purchase and is needed to pick up your winnings. Treat it like cash. BET TYPES WIN Select the runner that you think will win the race. PLACE Select the runner(s) to finish 1st, 2nd or 3rd. The Place Dividend is paid if the selection finishes in any of these places. 3rd Place dividend is only paid for 8 or more runners. EACH WAY Also known as Win/Place. If your selection wins you are paid both the Win and the Place dividend and if it comes 2nd or 3rd you are paid the place dividend. QUINELLA Select the first two placegetters past the post in any order. EXACTA Select the first two placegetters past the post in the correct order. ANY2 Select any two of the first three placegetters in any order. Only available if there are 8 or more runners. FIRST4 Select the first four placegetters in their correct order. TRIFECTA For a basic Trifecta, select 1st, 2nd and 3rd placegetters in correct finishing order. BOX TRIFECTA Box your selections for 1st, 2nd and 3rd to finish in any order. MYSTERY TRIFECTA This is a Box Trifecta with the runners randomly selected by the computer. QUADRELLA Select the winners of four nominated races. DOUBLE Select the winners of two nominated races at the same meeting. TREBLE Select the winners of three nominated races at the same meeting. ALL-UP Select the winners of two, three or four races at the same meeting. You select the races. Your winnings from the first race are reinvested as your stake in the next selected