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4 ‘Fair and open’ provisions

4.2.10 - Pool betting

Applies to:

All non-remote pool betting licences

Social responsibility code

Compliance with these is a condition of licences; therefore any breach of them by an operator may lead the Commission to review the operator’s licence with a view to suspension, revocation or the imposition of a financial penalty and would also expose the operator to the risk of prosecution.

  1. Licensees or any person they authorise to offer pool betting on their behalf under authority of section 93 of the Act, must only accept bets through equipment capable of communicating bets to a central recording system.

  2. The equipment must supply the person placing the bet with a betting slip or ticket containing the following information:

    1. the date on which the bet is made;
    2. the amount of the stake;
    3. the identity of the track, the number or time of the race and the pool in respect of which the bet is made;
    4. the selection or selections or combination of selections as indicated; and
    5. means of identifying the equipment recording the bet.
  3. The central recording system must collect all bets made to each of the operator’s pools and all information required to calculate the winnings of each pool and be capable of storing this information for subsequent retrieval if required by the Commission.

  4. Licensees and any person they authorise to offer pool betting on their behalf under authority of section 93 of the Act must:

    1. provide a public display system within sight of all of the operator’s terminals capable of accepting pool bets situated on-course. The system must display the potential dividend returns in respect of win and place outcomes from each pool operated, and in at least one place the units staked on all types of combination bets offered. This information is to be updated whilst the pool market is open. Following conclusion of the event to which the pool relates, the total amount payable as winning dividends must be displayed as soon as practicable; and
    2. display prominently the minimum stake that will be accepted as a bet.
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