The Panama papers were very revealing. It's plain stupidity if they think that will stop money laundering. Just one way there are others. Just make say ten deposits into one of the those automatic machines not at the same time getting 10 betting vouchers and then cash them in at different times where and whenever later.
Different TABs or on-course. It will have a tick and so if not go to TAB with drivers lisence and fill in form. Pain in the arse but thats the rules. Even with Sweeeeeny and Rodley trying to make out with the big bets before a race. No big deal. TAB has been lucky to wait so long to implement. When working for NZX, had to apply this requirement for all customers, both buying and selling their investments. Its not that onerous. Im actually surprised NZRB have been able to get away with not applying act until now as prior to this legislation being forced, gambling via TAB has been a very easy haven for those wishing to launder money.
When totalizator betting was first introduced one of the first pieces of law or betting rules was the necessity of displaying the total amount bet on a pool. Just common sense anyone wanting to have a decent wager must know what the eventual pool size will be. Somehow I don't see now in the rules or legislation the requirement to display the pool total which shows the ignorance of those framing the laws.
Some 10 years ago or more I spotted irregularities in Wanganui dogs pools sizes and alerted people here on Racecafe of potential money laundering. Months later I was proved correct as the Wanganui dog people were prosecuted for money laundering. THe TAB now wipes the pool sizes which is very convenient as numerous dog races are closed after the dogs have jumped and an early leader is discernable to punters. I know this for a fact even of races closing after the result is known.
Someone obviously got greedy. I won a couple of grand on 3 separate tickets just present them individually. The pool sizes are readily available at tab. Just choose VIC. These are virtually always going to be the largest pools on New Zealand events. Nothing better than personal experience ascertaining something. Like cleaning out a pool on a late bet. You can post now and register later. If you have an account, sign in now to post with your account.
Paste as plain text instead. Only 75 emoji are allowed. Display as a link instead. Clear editor. You can place a Win, Place, or Quinella bet. Dividends are automatically reinvested into your next wager. All your selections must come in for your ticket to be a winner.
With a Poker bet if your picks are correct in any two races you will get a dividend. The use of the Joker is also available. Your selections will be added to the betslip. You can set your stake and place your bet. A Double requires the selection of the winners of two separate races at one meeting as nominated by the TAB.
Betting on Doubles closes when the first leg starts. A concession is also offered on Doubles. This is a Fixed Odds Place bet. Any Final Field Top3 bet will pay even if there are less than eight race starters due to scratchings. Winning bets placed prior to any scratching will be subject to a deduction. First4 betting involves selecting the first four runners in the correct order in a race. You can either choose which order they will finish in or place a Boxed First4 which would allow them to finish in any order.
You can select as many runners as you want in a Boxed First4. It takes 24 bets to cover 4 runners, bets to cover 5 runners and so on. Dead Heat rules apply. If there are less than four runners all First4 bets will be refunded. The RB First4 bet comes out on three separate tickets: one ticket with your RB for 1st and your other runners for 2nd, 3rd and 4th, one with your RB to come 2nd with your other runners for 1st, 3rd and 4th, and one with your RB to come 3rd with your other runners for 1st, 2nd and 4th.
A RB First4 can minimise the cost of placing a bet as it decreases the amount of combinations. A Fixed Odds bet is when your dividend is fixed at the odds when you placed your bet. Scratched runners will be refunded and winning bets placed prior to a scratching may be subject to a deduction. Futures bets are "All In" which means that there are no refunds for scratchings.
A Futures bet allows you to bet on an event which is still some time awa y. Futures options are open prior to the final field being confirmed. Betting will be available for runners which have either been nominated, or are likely to be nominated for the race, however they may not actually take part in it. Once the field is known, the Final Field betting market will become available in place of the Futures market. The betting market is also likely to be suspended on days that named runners are racing.
Once these races are completed the market will be re-priced if applicable and betting reopened. There are risks involved with betting on Futures events. Two horses are chosen in a race and the first horse home is the winner. If one runner is scratched the option is refunded. Percentage betting allows you to spend a specific amount in return for a percentage of the dividend of a Trifecta, First4, Treble, Quaddie, Pick6, Place6 or Boxed Multi,.
By using the total stake box you just need to specify the amount you wish to spend and we will show you the minimum percentage amount. Or you can use the stake per combo to specify the percentage amount you wish to stake per combination, we will then adjust your total stake amount accordingly. Pick6 challenges you to pick the winners of six usually consecutive races. If your picks win all six races then you win your share of the Pick6 dividend.
The Sub is the runner with the most money bet to win on it, another name for the Sub is the Tote favourite. If you already have the Sub on your ticket then you can win the Pick6 multiple times. Should any one, two or three Pick6 legs be abandoned after the scheduled start time of the first Pick6 race then all runners in such races will be deemed winners for the purpose of calculating the Pick6 Dividend.
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