Greyhound pool betting rules

WIN
AIM OF THE BET

To select the winning greyhound.

APPLICABLE RACES

The Win pool is operated on all races of 2 or more runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

Dividends are calculated to a £1 stake.

The total of the funds invested, minus the deduction, plus any net funds brought forward forms the net pool. If the net pool is guaranteed to a particular amount, then this amount forms the net pool unless the total of the funds invested, minus the deduction, plus any net funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winner of the race to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10;

(ii) in the case of a dead heat for first place the dividend paid out will be the calculated dividend.

Holders of winning tickets are then paid in proportion to their stakes.

If the winning greyhound is part backed, i.e., there is less than £1 of winning tickets in the pool, the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool which has not been won will be carried forward to another race as decided by Britbet.

Example 1

Suppose we have a Win pool where the net fund available for distribution after the deduction has been removed is £1,000 and the total amount invested on the winning greyhound is £0.80.

As the winning greyhound is part-backed, then the net pool of £1,000 is the calculated dividend.
The total amount paid out on the winning greyhound is only (0.80 x £1,000) = £800, so the remaining £200 which has not been won will be carried forward to a subsequent Win pool.

If the winning greyhound is not backed, then the entire net pool will be carried forward to another race to be decided by Britbet.

Note that any guarantee is disregarded for the purposes of carry-forwards.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.

Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

DEAD HEATS

When two or more greyhound’s dead-heat for first place, the net pool will be divided into as many equal parts as there are dead-heating runners. The part of the net pool allocated to each dead-heating greyhound is divided by the total stakes on that runner to obtain a calculated dividend for each dead heating greyhound. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a dead-heating greyhound is part-backed, i.e., there is less than £1 of tickets in the pool on that greyhound, the net pool assigned to that greyhound is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that dead-heating greyhound which has not been won will be carried forward to another Win pool as decided by Britbet.

Example 2

Suppose we have a Win pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a deadheat for first place between two greyhounds, A and B with the following amounts invested on each:

A £100.00

B £0.90

The net pool is divided into 2 equal parts, and £500 is allocated to each of greyhounds A and B.
The £500 allocated to greyhound A is then divided by the £100 of stakes on that runner, so the calculated dividend for greyhound A is £5.00.

As greyhound B is part-backed, the £500 allocated to that greyhound is the calculated dividend.
The total amount paid out on greyhound B is only (0.90 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent Win pool.

If a dead-heating greyhound is not backed, the portion of the pool assigned to that dead-heating greyhound will be carried forward to another Win pool.

VOID BETS

If the race is a walkover, has no finishers, is void, or is abandoned and is not re-ran on the same day, any single leg bets will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

PLACE
AIM OF THE BET

To select a greyhound to be placed.

The finishing positions which constitute a place in any race, unless otherwise stated, are as follows:

4 – 7 runners two places

8 runners three places

APPLICABLE RACES

The Place pool is operated on all races of four or more runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

Dividends are calculated to a £1 stake.

The total of the funds invested, minus the deduction, plus any net funds brought forward forms the net pool. If the net pool is guaranteed to a particular amount, then this amount forms the net pool unless the total of the funds invested, minus the deduction, plus any net funds brought forward is greater than the guarantee.

A net pool is formed for each greyhound that is placed first and second (or first, second and third in eight-greyhound races). The value of the units on the greyhounds that are not placed is equally split between the payout pots (for example two payout pots where there are two places).

The value of the units on each placed greyhound is added to the payout pot to which it refers, and each of these payout pots is divided by the number of units bet on it.

The calculated dividend is rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake however if the calculated dividend is less than £1, the payable dividend will be £1 (assuming no dead heat applies). For dead heat rules see below.

Holders of winning tickets are then paid in proportion to their stakes.

If a placed greyhound is part-backed, i.e., there is less than £1 of tickets in the pool on a placed greyhound, then the net pool assigned to that placed greyhound is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake.

The balance of the net pool assigned to that placed greyhound which has not been won will be divided in equal proportion between the remaining placed greyhounds which have been fully backed.

If a placed greyhound is not backed, the portion of the net pool assigned to that placed greyhound will be divided in equal proportion between the remaining placed greyhounds which have been fully backed.
If none of the placed greyhounds are backed, the entire net pool will be carried forward to another race as decided by Britbet.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.
Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

REDUCED FIELD SIZE

If the number of runners in any race falls below four, then the pool will be declared void and all stakes refunded.

INSUFFICIENT FINISHERS

If the official number of finishers is fewer than the number of standard places the race, then only the runners which finish will be deemed to have been placed. The net pool will be divided by the number of finishers rather than being divided by the number of places that were originally payable on the race.

VOID BETS

If the race is a walkover, has no finishers, is void, or is abandoned and is not re-ran on the same day, any single leg bets will be declared void and all stakes refunded, unless otherwise stated.

This is irrespective of whether the race is re-scheduled for a later date or not.

DEAD HEATS

Where there is a dead heat for 1st place between two greyhounds, those greyhounds shall be deemed to be the two placed greyhounds.

In all cases of greyhound’s dead-heating for 1st or 2nd place resulting in more than two places (in a two to be placed pool), the dividend shall be calculated as provided.

The value of the units on the greyhounds that are not placed is split between the payout pots on the placed greyhounds and split based on the result as follows:

Example 1

– Where there is an outright winner and two greyhounds dead heat for 2nd the units would be split as follows:

• 1st 50%
• Dead Heat 2nd = 25%
• Dead Heat 2nd = 25%

Example 2

– Where there is a triple dead heat for 1st place the units would be split 33.33% on each greyhound.

In addition to the above, the value of the units on each placed greyhound (whether placed outright or in a dead heat) is added to the payout pot to which it refers. Each of these payout pots is then divided by the number of units bet on it.

The calculated dividend is rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake. However if the calculated dividend is less than £1, there will be no minimum dividend rule applied so the dividend paid out will be the calculated dividend.

EXACTA
AIM OF THE BET

To select the 1st and 2nd greyhound in the correct order.

APPLICABLE RACES

The Exacta pool is operated on races of three or more runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes and stake units apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

The total of the funds invested, minus the deduction, plus any net funds brought forward forms the net pool. If the net pool is guaranteed to a particular amount, then this amount forms the net pool unless the total of the funds invested, minus the deduction, plus any net funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winning Exacta combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10 where there is no dead heat;
(ii) in the case of a dead heat for first or second place the dividend paid out will be the calculated dividend.
Holders of winning tickets are then paid in proportion to their stakes.

If the winning Exacta combination is part-backed, i.e., there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend.

In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool which has not been won will be carried forward to another race as decided by Britbet.

If the winning Exacta combination is not backed, then the entire net pool will be carried forward to another race as decided by Britbet.

Note that any guarantee is disregarded for the purposes of carry-forwards.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.

Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

REDUCED FIELD SIZE

If the number of runners in any race falls below three, the pool will be declared void and all stakes refunded.

MULTIPLE SELECTIONS AND PERMUTATIONS

Reverse bets (1st and 2nd in either order) or permutations (two from any number of greyhounds to finish in the first two places) are accepted.

INSUFFICIENT FINISHERS

If only one greyhound officially finishes the race, the dividend will be declared on that greyhound with any other.

VOID BETS

If the race is a walkover, has no finishers, is void, or is abandoned and is not re-ran on the same day, any single leg bets will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

DEAD HEATS

In the event of a dead-heat for first place, such dead heating greyhounds shall be considered as the winning combinations for the purpose of the Exacta Pool and the dividends shall be calculated by dividing the Net Pool into as many equal portions as there are winning combinations. Each portion shall then be divided by the number of units on the winning combination to which it refers.

In the event of a dead-heat for second place, the winning greyhound coupled with each of the dead-heating greyhounds shall be considered as the winning combinations for the purpose of the Exacta Pool and the dividends shall be calculated by dividing the Net Pool into as many equal portions as there are winning combinations. Each portion shall then be divided by the number of units on the winning combination to which it refers.

If a combination involving dead-heating greyhounds is not fully backed, i.e., there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by Britbet.

If a combination involving dead-heating greyhounds is not backed, the portion of the pool assigned to that dead-heating combination will be carried forward to another Exacta pool.

TRIFECTA
AIM OF THE BET

To select the 1st, 2nd and 3rd greyhound in the correct order.

APPLICABLE RACES

The Trifecta pool is operated in races with three or more declared runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes and stake units apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

The total of the funds invested, minus the deduction, plus any net funds brought forward forms the net pool. If the net pool is guaranteed to a particular amount, then this amount forms the net pool unless the total of the funds invested, minus the deduction, plus any net funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winning Trifecta combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10 where there is no dead heat;
(ii) in the case of a dead heat for first or second place the dividend paid out will be the calculated dividend.
Holders of winning tickets are then paid in proportion to their stakes.

If the winning Trifecta combination is part backed, i.e., there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend.

In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool which has not been won will be carried forward to another race as decided by Britbet.

If the winning Trifecta combination is not backed, then the entire net pool will be carried forward to another race as decided by Britbet.

Note that any guarantee is disregarded for the purposes of carry-forwards.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.

Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

REDUCED FIELD SIZE

If the number of runners in any race falls below three, the pool will be declared void and all stakes refunded.

MULTIPLE SELECTIONS AND PERMUTATIONS

‘All-ways’ trifectas (1st, 2nd and 3rd in any order) and permutations (three from any number of greyhounds to finish in the first three places) are accepted.

INSUFFICIENT FINISHERS

If only two greyhounds officially finish the race, the dividend will be declared on the first and second in the correct order, with any other runner for third.

If only one greyhound officially finishes the race, the dividend will be declared on that greyhound with any other runner for second and any other runner for third.

VOID BETS

If the race is a walkover, has no finishers, is void, or is abandoned and is not re-ran on the same day, any single leg bets will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

DEAD HEATS

In the event of a dead-heat for first place, such dead-heating greyhounds shall be considered as finishing either first or second (or third in the event of a triple dead-heat). The dividend shall be calculated by dividing the Net Pool into as many portions as there are Winning Combinations. Each portion shall then be divided by the number of units on the Winning Combination to which it refers,
In the event of a dead-heat for second place, the winning greyhound coupled with each of the dead-heating greyhounds shall be deemed Winning Combinations for the purpose of Trifecta pools and the dividends shall be calculated by dividing the Net Pool into as many portions as there are Winning Combinations. Each portion will then be divided by the number of units on the Winning Combination to which it refers.

In the event of a dead-heat for third place, the first and second greyhounds coupled with each of the dead-heating greyhounds shall be deemed Winning Combinations for the purpose of the Trifecta Pool and the dividends shall be calculated by dividing the Net Pool into as many equal portions as there are Winning Combinations.

Each portion will then be divided by the number of units on the Winning Combination to which it refers.

If a combination involving dead-heating greyhounds is not fully backed, i.e., there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake.

The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by Britbet.

If a combination involving dead-heating greyhounds is not backed, the portion of the pool assigned to that dead-heating combination will be carried forward to another Trifecta pool.

PICK ‘n’ – for example PICK 4 or PICK 6
AIM OF THE BET

To select the winning greyhound in each of six races across one or more meetings as nominated by Britbet.

Multiple Pick ‘n’ pools may run at a single greyhound meeting.

PLACING BETS

Minimum permitted stakes apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

The total of the funds invested, minus the deduction, plus any net funds brought forward forms the net pool. If the net pool is guaranteed to a particular amount, then this amount forms the net pool unless the total of the funds invested, minus the deduction, plus any net funds brought forward is greater than the guarantee.

The net pool is divided by the total winning stakes to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake. In any event, the minimum Pick ‘n’ dividend will be £1.10.

Holders of winning tickets are then paid in proportion to their stakes.

If the pool is not fully won, i.e. there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool which has not been won will be carried forward to the next Pick ‘n’ pool nominated by Britbet.

If there are no winning tickets in the pool, then the entire net pool will be carried forward to the next Pick ‘n’ pool.
Carry forwards will only occur between two Pick ‘n’ pools of equal legs i.e., a Pick 6 pool will only carry forward to another Pick 6 pool.

Note that any guarantee is disregarded for the purposes of carry-forwards.

FAVOURITE INVESTMENT

Bets on the unnamed favourite are accepted and are represented by the Britbet Win pool favourite. For joint or co-favourites the non-runner rule below shall apply.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.
Non-runner selections that result in a vacant trap are not void but are replaced by the Britbet Win pool favourite.

When there are joint or co-favourites, the greyhound with the lowest racecard number will be taken.

If no Win pool is operated, then the lowest racecard number will substitute.

WALKOVERS/VOID/ABANDONED RACES/MEETINGS

If any leg of the Pick ‘n’ is a walkover, or is void, or is abandoned, or there is no official result declared for any reason, and is not re-ran on the same day, then the pool will be settled on the remaining legs, i.e., every selection in that leg is deemed to have been successful, provided at least one leg of the bet takes place. However, any carry forward or guarantee shall not be included in the dividend calculation if one or more races are void.

If none of the legs of the Pick ‘n’ take place, the pool will be declared void and all stakes refunded.

Subject to the Pick 6 rule below, provided at least one leg takes place, a dividend will be declared, subject to Britbet rules.

MULTIPLE SELECTIONS AND PERMUTATIONS

Permutations are permitted.

To calculate the number of permutations, customers should multiply together the number of selections in each leg.

INSUFFICIENT FINISHERS

If in any leg the official result is that there are no finishers, the pool will be settled on the remaining legs, i.e., every selection is deemed to have been successful.

DEAD HEATS

Dead heats for first place in any leg count as equal winners.

QUINELLA

AIM OF THE BET

To select the first two finishers in a race in any order.

RACES ON WHICH THE POOL IS OPERATED

The Quinella pool is operated on all races of three or more runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes and stake units apply. See the point of sale for details.

POOL DEDUCTION RATE

25%

CALCULATION OF DIVIDENDS

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winning Quinella combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10.
(ii) Notwithstanding (i) above, in the case of a dead heat for either 1st or 2nd if the calculated dividend is 60p or below, the payable dividend will be 60p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

If the winning Quinella combination is part-backed, i.e. there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the gross pool which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If the winning Quinella combination is not backed, then the entire gross pool will be carried forward to another race as decided by britbet.

Note that any guarantee is disregarded for the purposes of carry-forwards.

FAVOURITE INVESTMENT

Bets on the un-named favourite are not accepted in the Quinella pool.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.

Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

VOID/ABANDONED RACES/MEETINGS

If the race is void or abandoned and is not re-run on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

REDUCED FIELD SIZE

If the number of runners in any race falls below three, the pool will be declared void and all stakes refunded.

MULTIPLE SELECTIONS, BANKERS AND PERMUTATIONS

Floating bankers are permitted and are limited to one per bet.

A floating banker allows you to combine one greyhound you are confident will finish in either of the first two places with any number of other greyhounds to fill the other place.

INSUFFICIENT FINISHERS

If only one greyhound officially finishes the race, the dividend will be declared on that greyhound with any other.
If the official result is that there are no finishers, the pool will be declared void and all stakes refunded.

DEAD HEATS

When two or more greyhounds dead-heat for first or second place, the net pool will be divided into as many equal parts as there are winning combinations.

The proportion of the net pool allocated to each winning combination of the Quinella in the event of a dead-heat is as follows:

The part of the net pool allocated to each combination is then divided by the total stakes on that combination to obtain a calculated dividend. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a combination involving dead-heating greyhounds is not fully backed, i.e. there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

EXAMPLE

Suppose we have a Quinella pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a dead-heat for 2nd place between two greyhounds, A and B with the following amounts invested on each winning exacta combination:

1st + 2nd(A) £100.00
1st + 2nd(B) £0.90

The net pool is divided into 2 equal parts, and £500 is allocated to each of the two winning combinations.

The £500 allocated to combination ‘1st + 2nd(A)’ is then divided by the £100 of stakes on that combination, so the calculated dividend for that combination is £5.00.

As combination ‘1st + 2nd(B)’ is part-backed, then the £500 allocated to that combination is the calculated dividend.

The total amount paid out on combination ‘1st + 2nd(B)’ is only (0.9 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent Quinella pool.

The deduction from any pool is only taken at the time the funds are won, so the 25% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £50.00 / (1 – 25%) = £66.67.

If a combination involving dead-heating greyhounds is not backed, the portion of the pool assigned to that dead-heating combination will be carried forward to another Quinella pool. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

The minimum dividend payable on a Quinella involving dead-heating greyhounds will be 60 pence.

SUPERFECTA

AIM OF THE BET

To select the winner, the second, third and fourth greyhound in the correct order.

RACES ON WHICH POOL IS OPERATED

The First Four pool is operated in all UK races with five or more declared runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes and stake units apply. See the point of sale for details.

CALCULATION OF DIVIDENDS

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winning First Four combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than or equal to £1.10, the payable dividend will be £1.10.
(ii) Notwithstanding (i) above, in the case of a dead heat for 1st, 2nd, 3rd or 4th if the calculated dividend is 60p or below, the payable dividend will be 60p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

If the winning First Four combination is part backed, i.e. there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the gross pool which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If the winning First Four combination is not backed, then the entire gross pool will be carried forward to another race as decided by britbet.

Note that any guarantee is disregarded for the purposes of carry-forwards.

FAVOURITE INVESTMENT

Bets on the un-named favourite are not accepted in the First Four pool.

NON-RUNNERS

Any bet placed on a greyhound that is subsequently replaced by a reserve will stand and be settled on that trap number.

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders.

Bets are void on greyhounds which become non-runners before coming under starter’s orders, resulting in a vacant trap, and the stakes on such non-runners are refundable.

VOID/ABANDONDED RACES/MEETINGS

If the race is void or abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

REDUCED FIELD SIZE

If the number of runners in any race falls below four, the pool will be declared void and all stakes refunded.

MUTLIPLE SELECTIONS, BANKERS AND PERMUTATIONS

Fixed bankers are permitted and are limited to one per bet.

A fixed banker allows you to combine one greyhound you are confident will finish in first place with any number of other greyhounds to fill the other three places.

INSUFFICIENT FINISHERS

If only three greyhounds officially finish the race, the dividend will be declared on the first, second and third in the correct order, with any other runner for fourth.

If only two greyhounds officially finish the race, the dividend will be declared on the first and second in the correct order, with any other runner for third and any other runner for fourth.

If only one greyhound officially finishes the race, the dividend will be declared on that greyhound with any other runner for second and any other runner for third and any other runner for fourth.

If the official result is that there are no finishers, the pool will be declared void and all stakes refunded.

DEAD HEATS

When two or more greyhounds dead-heat for first, second, third or fourth place, the net pool will be divided into as many equal parts as there are winning combinations.

The proportion of the net pool allocated to each winning combination of the First Four in the event of a dead-heat is as follows:

The part of the net pool allocated to each combination is then divided by the total stakes on that combination to obtain a calculated dividend. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a combination involving dead-heating greyhounds is not fully backed, i.e. there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

EXAMPLE

Suppose we have a First Four pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a dead-heat for 4th place between two greyhounds, A and B with the following amounts invested on each winning exacta combination:

1st + 2nd + 3rd + 4th(A) £100.00
1st + 2nd + 3rd + 4th(B) £0.90

The net pool is divided into two equal parts, and £500 is allocated to each of the two winning combinations.

The £500 allocated to combination ‘1st + 2nd + 3rd + 4th(A)’ is then divided by the £100 of stakes on that combination, so the calculated dividend for that combination is £5.00.

As combination ‘1st + 2nd + 3rd + 4th(B)’ is part-backed, then the £500 allocated to that combination is the calculated dividend.

The total amount paid out on combination ‘1st + 2nd + 3rd + 4th(B)’ is only (0.9 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent First Four pool.

The deduction from any pool is only taken at the time the funds are won, so the 25% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £50.00 / (1 – 25%) = £66.67.

If a combination involving dead-heating greyhounds is not backed, the portion of the pool assigned to that dead-heating combination will be carried forward to another First Four pool. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

The minimum dividend payable on a First Four involving dead-heating greyhounds will be 60 pence.

AIM OF THE BET

To select 2 greyhounds to finish in any of the first 3 places.

RACES ON WHICH POOL IS OPERATED

The Two From Three pool is operated on all races of 6 or more declared runners unless otherwise stated.

PLACING BETS

Minimum permitted stakes and stake units apply. See the point of sale for details.

All bets must be accepted into the system together with full stakes paid not later than ‘the off’ of the race.

POOL DEDUCTION RATE

25%

CALCULATION OF DIVIDENDS

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

If the number of actual runners is 6 or more, even in handicaps of 16 or more runners, there will be 3 winning combinations:

One-third of the net pool will be allocated to each combination. The part of the net pool allocated to each winning combination is then divided by the total stakes on that combination to obtain a calculated dividend for each combination.

If the number of actual runners is reduced to only 4 or 5, then there is only one winning combination:
1st & 2nd (in either order)

In this case the entire net pool is divided by the total stakes on that combination to obtain a calculated dividend.

The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:
(i) If the calculated dividend is greater than 70p and less than £1.10, the payable dividend will be £1.10.
(ii) If the calculated dividend is 70p or below, the payable dividend will be £1.02.
(iii) Notwithstanding (i) and (ii) above, if as a result of a dead-heat the proportion of the net pool allocated to any winning combination is reduced from one-third in the case of 6 or more runners, or reduced from the entire net pool in the case of 4 or 5 runners, should the calculated dividend be 50p or below, the minimum dividend payable on such a combination will be 50p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

In the event of (ii) above, i.e. if the calculated dividend falls below 70p, money will be taken from the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any combination is not less than 70p.

Example 1

Suppose we have Two From Three pool where the net fund available for distribution after the deduction has been removed is £12,000.

Then the net pool initially allocated to each winning combination = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 winning combinations are:

Therefore the calculated dividends on the 3 winning combinations would be:

The calculated dividend for the combination ‘2nd + 3rd’ is less than 70p. Therefore money will be taken from the net pool on the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to the combination ‘2nd + 3rd’ to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other 2 winning combinations in equal shares, i.e. £800 from each of those other 2 winning combinations. So the revised net pool allocated to each winning combination is now as follows:

The calculated dividend on each winning combination is now:

So the declared dividends will be:

Example 2

Suppose once again we have a Two From Three pool where the net fund available for distribution after the deduction has been removed is £12,000.

Then the net pool initially allocated to each winning combination = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 winning combinations are:

(Note: The total amount of winning units can be greater than the net pool due to the deduction.)

The calculated dividends on the 3 winning combinations would be:

The calculated dividend for the combination ‘2nd + 3rd’ is less than 70p. Therefore money will be taken from the net pool on the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to the combination ‘2nd + 3rd’ to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other winning combinations in equal shares, i.e. £800 from each of those other 2 winning combinations. So the revised net pool allocated to each winning combination is now as follows:

The calculated dividend on each winning combination is now:

The calculated dividend for the combination ‘1st + 2nd’ has now fallen below 70p. Therefore money must be taken from the net pool on the other remaining winning combination, i.e. the combination ‘1st + 3rd’, to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to combination ‘1st + 2nd’ to increase the calculated dividend to 70p is (£5,000 x 0.70) = £3,500. This means an additional (£3,500 – £3,200) = £300 will be taken from the net pool on the combination ‘1st + 3rd’. So the revised net pool allocated to each winning combination is now as follows:

The calculated dividend on each winning combination is now:

So the declared dividends will be:

If a combination is part backed, i.e. there is less than £1 of tickets in the pool on a combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

Example 3

Suppose we have a Two From Three pool where the net fund available for distribution after the deduction has been removed is £3,000.

Then the net pool allocated to each winning combination = (£3,000 / 3) = £1,000.

Suppose the total amounts invested on the 3 winning combinations are:

The calculated dividends for the winning combinations ‘1st + 2nd’ and ‘1st + 3rd’ are £10.00 and £20.00 respectively.

As the combination ‘2nd + 3rd’ is part-backed, the net pool of £1,000 is the calculated dividend for that combination.

The total amount paid out on that combination is only (0.6 x £1,000) = £600, so the remaining £400 which has not been won will be carried forward to a subsequent Two From Three pool.

The deduction from any pool is only taken at the time the funds are won, so the 30% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £400.00 / (1 – 30%) = £571.43.

If a combination is not backed, then the net pool assigned to that combination will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

Note that any guarantee is disregarded for the purposes of carry-forwards.

FAVOURITE INVESTMENT

Bets on the un-named favourite are not accepted in the Two From Three pool.

NON-RUNNERS

Bets ‘stand’ on greyhounds which do not compete after coming under starter’s orders. Bets are void on greyhounds which become non-runners before coming under starter’s orders, and the stakes on such non-runners are refundable.

VOID/ABANDONED RACES/MEETINGS

If the race is void or abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

REDUCED FIELD SIZE

If the number of runners in any race is reduced to 4 or 5, a dividend will only be paid in respect of the first and second placed greyhounds in either order.

If the number of runners in any race falls below 4, the pool will be declared void and all stakes refunded.

MULTIPLE SELECTIONS, BANKERS AND PERMUTATIONS

Bankers are permitted and are limited to one per bet. A banker Two From Three allows you to combine one greyhound you are confident will finish in the first three places with any number of other greyhounds.

Permutations are accepted.

INSUFFICIENT FINISHERS

If only 2 greyhounds officially finish the race, a dividend will only be declared on the first and second in either order. If this combination has not been backed then the pool will be carried forward to another race as decided by britbet.

If only 1 greyhound officially finishes the race, a dividend will be declared on that greyhound with any other. This will be the only dividend declared. If that winning greyhound has not been included within any of the combinations backed, then the pool will be carried forward to another race as decided by britbet.

DEAD HEATS

In the case of 6 or more runners:

Where 2 greyhounds dead-heat for 1st place, the winning combinations will be any 2 of the first 3 finishers.

Where 3 greyhounds dead-heat for 1st place, the winning combinations will be any 2 of the first 3 finishers.

Where 2 greyhounds dead-heat for 2nd place, the winning combinations will be any 2 of the first 3 finishers.

Where 3 greyhounds dead-heat for 2nd place, the winning combinations will be 1st with any one of the dead-heating runners; and any 2 of the 3 dead-heating runners.

Where 2 greyhounds dead-heat for 3rd place, the winning combinations will be 1st and 2nd; 1st with either of the dead-heating runners; and 2nd with either of the dead-heating runners.

Where 3 greyhounds dead-heat for 3rd place, the winning combinations will be 1st and 2nd; 1st with any one of the dead-heating runners; and 2nd with any one of the dead-heating runners.

Where 2 greyhounds dead-heat for 1st place and 2 greyhounds dead-heat for 3rd place, the winning combinations will be the two runners which dead-heated for first; and either runner which dead-heated for 1st with either runner which dead-heated for 3rd.

In the case of only 4 or 5 runners:

Where 2 greyhounds dead-heat for 1st place, the winning combination will be those two runners.

Where 3 greyhounds dead-heat for 1st place, the winning combinations will be any 2 of those 3 runners.

Where 2 or more greyhounds dead-heat for 2nd place, the winning combinations will be 1st with any one of the dead-heating runners.

If there is a two-way dead-heat for 1st place, then there will still be only one dividend payable for selecting the first two finishers. If there is a dead-heat for 2nd place or a dead-heat involving 3 or more greyhounds for 1st place, the dividend will be calculated by apportioning the net pool in equal parts for each winning combination.

Here is a comprehensive list showing the proportion of the net pool allocated to each winning combination of the Two From Three in the event of a dead-heat:

In the case of 6 or more runners:

In the case of only 4 or 5 runners:

The part of the net pool allocated to each combination is then divided by the total stakes on that combination to obtain a calculated dividend. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a combination involving dead-heating greyhounds is not fully backed, i.e. there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If a combination involving dead-heating greyhounds is not backed, the net pool assigned to that dead-heating combination which has not been won will be carried forward to another race as decided by britbet. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

In the event of a dead-heat, if money within the Two From Three should be transferred between the winning combinations in order to increase a calculated dividend to a specific minimum threshold, then the funds transferred from any winning combination will be proportioned in the same ratio as the allocation of funds in the event of a dead heat as shown in the table above.

Example 4

Suppose we have a two-way dead heat for 3rd place in a race of 6 or more runners, where:
combination ‘1st + 3rd(A)’ is part-backed;
all other winning combinations are fully backed;
the balance of the net pool not won on the part-backed combination is £500.

The £500 needs to be re-distributed amongst the other winning combinations which have been fully backed.

From the table above, the proportion of the net pool allocated to each winning combination is: