World Pool Betting Rules

From time to time we may offer bets relating to the ‘World Pool’. This means racecourse customers will be able to place bets into bigger than usual pools, following an agreement between the racecourse, UK Tote Group and the Hong Kong Jockey Club.

The below sets out further details on World Pool bets.

Britbet provides customer facing services for Tote betting on the racecourse. Britbet is authorised to accept World Pool bets as agent on behalf of TpoolCo Limited (“Tote”). Tote act as counterparty to such bets with racecourse customers. All winning bets will be settled under Hong Kong Jockey Club rules and paid at the published World Pool dividends.

Overview

The World Pool will be available for racecourse customers on the following bet types:

• WIN
• PLACE
• TRIFECTA
• SWINGER

We will endeavour to inform customers of the World Pool bets available on the day via our screens at betting points around the racecourse.

Place Term Differences

World Pool Place bets are settled on the number of declared runners (excluding reserves), rather than the number of actual runners. Also there is no distinction between handicap or non-handicap races.
The table below describes the Place terms for World Pool:

Please note: WORLD POOL PLACE TERMS DO NOT IMPACT PLACEPOT OR QUADPOT.

Standard Placepot and Quadpot terms will still apply.

Deduction Rates

Deduction rates will be the same as at all UK meetings except for the following:

Dividend rounding

World Pool dividends are rounded to the nearest 5p.

Minimum dividends

World Pool minimum dividends are £1.05, except for the Place dividend which is £1.01.

These minimum dividends also apply in the event of a dead heat.

Dead-heats

With regards to the World Pool Swinger pools, in the event of a dead-heat for third place, bets comprising of those dead-heat runners are winners.

Insufficient Starters

In respect of Win, Place, Trifecta or Swinger pools, where as a result of Withdrawals either before or during a Betting period, there remains insufficient starters as set out below, the Pool will be closed and all bets will be refunded.

Technical process

In the event that pool totals accepted by Tote cannot be merged into World Pools at race off, or World Pools are not in operation, then Tote reserves the right to declare dividends for the affected race based on these pool totals, Tote will use UK betting rules to calculate these dividends with the exception of:

(i) deduction rates,

(ii) minimum dividends,

(iii) minimum permitted field size for pool to operate (this affects the Swinger only),
which will still follow World Pool betting rules; and

(iv) dividend rounding method, such that dividends will be rounded down to the next 5 pence, except for the Trifecta in which dividends will be rounded down to the next 10 pence, subject to minimum dividends.

In such an instance where a pool cannot be merged into a World Pool, should there be any part-backed or unbacked winning outcome, the balance of the gross pool which has not been won will be donated to the Injured Jockeys Fund (Registered Charity No. 1107395).

Customers will be notified of this eventuality where possible.

General

For the full set of Hong Kong Jockey Club betting rules, please visit:

https://special.hkjc.com/racing/info/en/betting/bet_betrules.asp

Note that under Hong Kong Jockey Club rules, the Swinger pool is known as the ‘Quinella Place’, and the Trifecta pool is known as the ‘Tierce’.

This is an extract of the Tote Rules. These rules for Tote betting revoke all previous issues and are effective from 18th November 2019. Tote reserves the right to alter any of the rules and conditions listed from time to time by republishing them in the usual manner and without prior notice.

Please bet responsibly – for advice visit www.gambleaware.co.uk.