Win Event

Wednesday, 21 December 2011
Written by John Edward R. TImbol
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1. The Win event shall be the designated race(s) of the day appearing in the racing program as approved by the Philippine Racing Commission.

2. The bettor shall select one number that must finish first from the starters in the designated race of the Win event.

3. The bettor can choose from as many numbers as he wishes.

4. The minimum investment shall be P5.00. Other denominations in excess of the minimum investment of P5.00, in the exact multiple of P1.00, shall be made available.

5. Dividend Qualification: first place winner.

5.a. The Win dividend shall be computed based on the unit of P1.00 by dividing the Win net dividend pool by the total cost of the winning Win tickets. The amount of dividend less than P0.10 per peso bet shall form part of the breakage. No dividend less than P1.00 per unit shall be declared. The official dividend shall be posted based on the minimum bet of P5.00.

5.b. In case of a dead heat involving two or more horses (first place), the dividends shall be computed separately, according to the amount of sales for each winner. The dividends shall be computed by dividing the total gross dividend pool into as many winning numbers with money bets and the quotient thereof shall be used to compute the partial net dividend pool for each part. The partial net dividend pool of each corresponding part shall then be divided by the cost of winning tickets of that part.

5.c. In the event that one of the winning numbers involved in the dead heat has no money bets, the total gross dividend pool shall be distributed to the other winning number(s) with money bets. Thereafter, the dividends of the winning numbers selected shall be computed in the same manner as 5.b. above.

5.d. In the event that the winning number has not been selected, the following priority shall be observed as follows:

5.d.1. Second place winner, but if the second place winner has no money bets;

5.d.2. Third place winner, but if the third place winner has no money bets;

5.d.3. Fourth place winner and so on.

5.e. In the event that all finishers have no money bets, the total pool shall be refunded.

6. The Racing Manager may designate a race and accept bets for the Win event if there are two (2) or more starters declared for that particular race. If prior to the start of betting or during the betting period for a particular Win event, horses are withdrawn and the remaining declared starters are less than four (4), the Racing Manager may, at his sole discretion, cancel or immediately stop the betting for that particular Win event, respectively. If stopped during the betting period, all bets already made shall be refunded.

7. In case of scratch entry or entries, all bets on said entry or entries shall be refunded.8. In the event that the race is cancelled, all bets made shall likewise be refunded.

 

WIN EVENT

1. The Win event shall be the designated race(s) of the day appearing in the racing program as approved by the Philippine Racing Commission.

2. The bettor shall select one number that must finish first from the starters in the designated race of the Win event.

3. The bettor can choose from as many numbers as he wishes.

4. The minimum investment shall be P5.00. Other denominations in excess of the minimum investment of P5.00, in the exact multiple of P1.00, shall be made available.

5. Dividend Qualification: first place winner.
5.a. The Win dividend shall be computed based on the unit of P1.00 by dividing the Win net dividend pool by the total cost of the winning Win tickets. The amount of dividend less than P0.10 per peso bet shall form part of the breakage. No dividend less than P1.00 per unit shall be declared. The official dividend shall be posted based on the minimum bet of P5.00.
5.b. In case of a dead heat involving two or more horses (first place), the dividends shall be computed separately, according to the amount of sales for each winner. The dividends shall be computed by dividing the total gross dividend pool into as many winning numbers with money bets and the quotient thereof shall be used to compute the partial net dividend pool for each part. The partial net dividend pool of each corresponding part shall then be divided by the cost of winning tickets of that part.
5.c. In the event that one of the winning numbers involved in the dead heat has no money bets, the total gross dividend pool shall be distributed to the other winning number(s) with money bets. Thereafter, the dividends of the winning numbers selected shall be computed in the same manner as 5.b. above.
5.d. In the event that the winning number has not been selected, the following priority shall be observed as follows:
5.d.1. Second place winner, but if the second place winner has no money bets;
5.d.2. Third place winner, but if the third place winner has no money bets;
5.d.3. Fourth place winner and so on.
5.e. In the event that all finishers have no money bets, the total pool shall be refunded.

6. The Racing Manager may designate a race and accept bets for the Win event if there are two (2) or more starters declared for that particular race. If prior to the start of betting or during the betting period for a particular Win event, horses are withdrawn and the remaining declared starters are less than four (4), the Racing Manager may, at his sole discretion, cancel or immediately stop the betting for that particular Win event, respectively. If stopped during the betting period, all bets already made shall be refunded.

7. In case of scratch entry or entries, all bets on said entry or entries shall be refunded.8. In the event that the race is cancelled, all bets made shall likewise be refunded.