How are Rule 4 deductions calculated?

How are Rule 4 deductions calculated?

A Rule 4 deduction is applied when a horse is withdrawn from a race after the time of your bet. The deduction is a percentage of your stake, and can be calculated by applying the odds of the withdrawn horse at the time of withdrawal from the chart below.

What does a Rule 4 mean in horse racing?

Rule 4 covers the situation where a horse is withdrawn from a race, the odds for all bets placed on remaining horses are adjusted to account for the non-runner(s). This is because less horses in a race increases the probability of each remaining horse winning.

How does Rule 4 apply to this case?

Rule 4 is an industry wide deduction rule made when there are non-runners in a horse or greyhound race, after final declarations have been made. This can also apply to other markets where a set field of contestants are due to compete and one or more competitors is withdrawn.

What does a Rule 4 deduction mean?

Rule 4 is simply a deduction that is made to winning bets, when the race is impacted by a horse not running. For example, if you bet on the second favourite to win a race at 5/1, but the favourite withdraws just before the race, then your chances of winning suddenly shoot up.

Do you get money back on a withdrawn horse?

If a horse is withdrawn not coming under starters orders – or is officially deemed by the starter not to have taken part in the race – stakes on that horse will be refunded and winning bets will be subject to deductions in accordance with Tattersalls Rule 4 (c).

Do you win anything if your horse comes 4th?

If your horse comes home first (wins), both the ‘Win’ and ‘Place’ parts of your bet will pay out. But if your horse only places, you will lose the ‘Win’ part of your bet. You will still collect on the ‘Place’ part of your bet if your horse finishes 2nd, 3rd, 4th and 5th or 6th*.

What happens if the winning horse is disqualified?

But for bettors, this year’s Derby is over and the rules are the same as they always were: If your horse is disqualified immediately after a race, you lose your bet. But if the disqualification comes a day, a week or four years later, you get to keep your winnings.

Is a Yankee bet better than a lucky 15?

Yankee Bet Positives & Negatives + Cheaper than Lucky 15 – A yankee bet contains four fewer selections than a Lucky 15, so is cheaper to place. + Win and you are more likely to make a profit – If you win with a single selection on a Lucky 15 bet, you may not break even on the bet.

How many winners do you need on a Lucky 15?

As a Lucky 15 includes 4 singles, you only need 1 winner for a return, however, depending on the odds, it is unlikely a single winner will cover the initial stake. Some bookmakers offer a bonus for combinations of wins from a Lucky 15 which may boost your returns.

Can I do a Lucky 15 on Sky Bet?

Whether you are a seasoned punter or a beginner learning the ropes, placing a Lucky 15 on Sky bet can be a bit of a challenge. It works like this. You pick four selections and you make fifteen different combinations from them: 4 single bets, 6 double bets, 4 treble bets, and 1 quadruple accumulator.

How do you place a Lucky 15 bet?

To place a Lucky 15 bet:

1. Make four selections in betting markets of your choice.
2. These will automatically appear on your betting slip.
3. Once all four bets have been placed, scroll down the betting slip and you should see an option for placing multiple bets, including a Lucky 15.
4. Choose this option.

How much does a lucky 63 cost?

It consists of 63 bets on six selections in different events i.e. six singles, 15 doubles, 20 trebles, 15 fourfold accumulators, six fivefold accumulators, and one sixfold accumulator. One or more selections must be successful to have a return. A £1 Lucky 63 costs £63.