Visit the website
7.2.28

Horse Racing

  1. There are various price types associated with Horse Racing.

    EP (Early Price): Early prices for each horse are those offered 24 or 48 hours before the day of the race, depending on the race type.

    BP (Board Price): Board prices are the latest odds on the day of the race, from the racecourse where the race is being staged and are compiled as an average of the prices of the racecourse bookmakers.

    SP (Starting Price): Starting prices are the final odds from the racecourse, at the actual start of the race and are compiled as an average of the prices of the racecourse bookmakers.

    AP (Ante-Post Price): See section 6.5 for details on ante-post betting.
  2. Where a named selection is doubly engaged, the bet will stand for the race which was selected at the time the bet was placed.
  3. The place stake of a bet may be restricted on certain types of races. In these circumstances, the bet available will be displayed clearly before acceptance is confirmed.
  4. Withdrawals and Non-Runners: Where a horse is withdrawn before coming under starter’s orders, or is officially deemed by the starter to have taken no part in the race, stakes will be returned on the withdrawn horse and winning bets will be subject to deductions in accordance with Tattersalls Rule 4(c). The rate of deduction will be announced by SIS or an alternative supplier, based on the following scale:
    Price of non-runner at time of withdrawalAmount deducted from winnings
    1/9 or shorter90c for each €1
    2/11 to 2/1785c for each €1
    1/4 to 1/580c for each €1
    3/10 to 2/775c for each €1
    2/5 to 1/370c for each €1
    8/15 to 4/965c for each €1
    8/13 to 4/760c for each €1
    4/5 to 4/655c for each €1
    20/21 to 5/650c for each €1
    Evs to 6/545c for each €1
    5/4 to 6/440c for each €1
    13/8 to 7/435c for each €1
    15/8 to 9/430c for each €1
    5/2 to 3/125c for each €1
    10/3 to 4/120c for each €1
    9/2 to 11/215c for each €1
    6/1 to 9/110c for each €1
    10/1 to 14/15c for each €1
    Over 14/1No Deduction
  5. In the event of two or more horses being withdrawn before coming under starter’s orders, the total deductions shall not exceed €0.9 for each €1. Should a horse be withdrawn and a new market formed, then any bets laid at ‘show’ prices prior to the new show will be subject to the above deductions. In the event of a further withdrawal after the market has been reformed, bets placed at ‘show’ prices in the original market will be subject to a further deduction based on the price of the withdrawn horse in the original market. Bets placed in the new market will be subject to a deduction based on the current price.
  6. The above scale will also apply to non-runners in early price races and also to any other event where Tattersalls Rule 4 (c) deductions apply. The deduction in such cases will be determined by the price of the withdrawn selection at the time the market was reformed, or the last price if the market was not subsequently reformed. In the event that there is insufficient time to form a new market on a race, SP bets may also be subject to a ‘Rule 4’ deduction based on the above table.
  7. Re-Runs: In the event of a false start etc. resulting in a race being re-run, stakes will be refunded on horses taking no part in the re-run, with returns on remaining runners subject to Tattersalls Rule 4 (c). Place Terms are governed by the number of runners taking part in the re-run.
  8. If a race is declared void, or only 1 runner is left prior to the start, then all selections in these races will be treated as a non-runner for settling purposes.
  9. Double Result betting (i.e. Settlement on either First Past the Post or official result) may be offered as a concession on occasions, namely where we pay both on the official result and a disqualified winner. If we are offering this concession, it will be shown in the ‘Bonuses / Offers’ section in the Help section and the following conditions will apply: a double result will not be paid if a selection takes the wrong course, carries the wrong weight, the jockey fails to weigh in, the judge calls the wrong result or in the case of a void race or any ante-post bet. The offer will only apply to Win Singles (or the win part of each-way singles) on Horse Racing in the UK and Ireland. There will be a maximum stake; this concession will apply to which will be displayed in the ‘Bonuses / Offers’ section in the Help section.
  10. Favourite Points Market: Scoring System: 25 Points for a win, 10 points for second place, and 5 points for third place. Where there are joint or co-favourites, the one with the lowest race card number will be taken. If no SP is returned, the favourite will be the first priced runner quoted in the Racing Post betting forecast. If the favourite is withdrawn then 10 points are awarded for that race. All bets will be settled on the official result after the weigh-in. In the event of a walkover, the favourite will make up at 10 points. If the meeting is not completed, bets will stand provided the winning market has already been established. In the event of a dead heat the points will be divided. A favourite that dead heats for first place will be awarded 17.5 points.
  11. Aggregate Distances Market: The maximum distance per race is 12 lengths for flat races, 30 lengths for national hunt races (incl. national hunt flat races). Official winning distances are calculated as follows:

    Dead Heat:0
    Nose:0.05
    Short Head:0.1
    Head:0.2
    Neck:0.3
    1/2 length:0.5
    3/4 length:0.75
    1 length:1.0
  12. In the event of a horse finishing alone, the maximum make-up will apply. In the event of a walkover, 2 lengths will be awarded for a flat race and 6 lengths will be awarded for a national hunt race. The distance will be based on the official result after weigh-in. Any runner taking the wrong course or carrying an incorrect weight will be ignored when the winning distance is calculated. If the meeting is not completed bets will stand providing the winning selection has already been established.
  13. Match Betting: Where betting is offered on which horse will finish in front of another, at least one of the two selections must complete the course for bets to stand. Should neither selection complete the course, bets will be void. In the case of a non-runner, or both runners dead heating, bets on that match will be made void.
  14. Win/Not to Win bets: On certain races a ‘not to win’ price may be offered. Depending on a selections price to win the race, the ‘not to win’ option may not be available on that selection. If there are any non-runners, then Tattersalls Rule 4 may apply (see section 4, ‘Horse Racing’) by reducing the ‘win’ odds and lengthening the ‘not to win’ odds proportionally. Double Result (see section 9, Horse Racing) and Best Odds Guaranteed do not apply to ‘not to win’ bets. Combining ‘not to win’ bets with selections from the same race are not permitted. Should a race be reduced to two runners, then all ‘not to win’ bets on that race will be void. Dead heat rules apply as normal to ‘not to win’ bets.
  15. Placed / Not to Be Placed: On certain races a ‘to be placed’ or ‘not to be placed’ price may be offered. The 'not to be placed' option may not be available on the selection, depending on the price of the ‘to be placed’ option. If there are any non-runners, the number of places paid will remain the same as when the bet was struck, unless the final number of runners is less or equal to the number of places paid. In such cases, all bets will be void. In the case of non-runners, a Rule 4 deduction using the Place Only Rule 4 deduction table shown below may apply, which will reduce the ‘to be placed’ odds and lengthen the ‘not to be placed odds’ proportionally. The Rule 4 deduction is based on the price of the non-runner to be placed and the number of paid places at the time of withdrawal. Double Result (see section 9, Horse Racing) and Best Odds Guaranteed do not apply to ‘to be placed’ or ‘not to be placed’ bets. Combining ‘to be placed’ or ‘not to be placed’ bets with selections from the same race are not permitted. Dead heat rules apply as normal to ‘to be placed’ or ‘not to be placed’ bets.

    In the event of two or more horses being withdrawn before coming under starter’s orders, the total deductions shall not exceed €0.9 for each €1.

    Place Only Rule 4 Table
    Price of non-runner to be placed at time of withdrawalAmount deducted from winnings (dependent on number of paid places at time bet was struck)
    2 places3 places4, 5 or 6 places
    1.15 or shorter40c for each €130c for each €120c for each €1
    1.16 – 1.3040c for each €130c for each €120c for each €1
    1.31 – 1.4035c for each €130c for each €120c for each €1
    1.41 – 1.5035c for each €125c for each €115c for each €1
    1.51 – 1.6530c for each €125c for each €115c for each €1
    1.66 – 1.8030c for each €120c for each €115c for each €1
    1.81 – 2.0025c for each €120c for each €115c for each €1
    2.01 – 2.2020c for each €120c for each €110c for each €1
    2.21 – 2.5020c for each €120c for each €110c for each €1
    2.51 – 2.7515c for each €115c for each €110c for each €1
    2.76 – 3.2515c for each €115c for each €15c for each €1
    3.26 – 4.0010c for each €110c for each €15c for each €1
    4.01 – 5.0010c for each €15c for each €15c for each €1
    5.01 – 6.005c for each €1NilNil
    6.01 or overNilNilNil
© 2026 Panbet Curacao N.V.