Betting
Rules:
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FORECAST EVENT
1. The Forecast 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 two numbers that must finish first and second in the exact / correct order of arrival at the finish line in the designated Forecast event.
3. The bettor can choose from as many numbers of combinations 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: 1st and 2nd place horses in the correct order.
5.a. The Forecast dividend shall be computed based on the unit of P1.00 by dividing the Forecast net dividend pool by the total cost of winning tickets on the Forecast winning combination. The dividend on each unit bet shall be declared by eliminating the fraction of ten centavos. 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 the event that the Forecast winning combination has not been selected, the following priority shall be observed as follows:
5.b.1. 2nd- and 1st- place horse. But if there are no money bets;
5.b.2. 1st- and 3rd- place horse. But if there are no money bets;
5.b.3. 3rd- and 1st- place horse. But if there are no money bets;
5.b.4. 2nd- and 3rd- place horse. But if there are no money bets;
5.b.5. 3rd- and 2nd- place horse. But if there are no money bets;
5.b.6. Combination priorities shall be in the same order and manner as those of rule 5.b.1 to 5.b.5 above with the fourth placer.
5.c. In case of a dead heat, the following procedures shall be followed:
5.c.1. Dead Heat for First Place (2 horses):
For horses 1 and 2, winning combinations shall be 1-2 and 2-1.
Dead-Heat for First Place (3 horses):
For horses 1, 2 and 3, winning combinations shall be 1-2, 1-3, 2-1, 2-3, 3-1 and 3-2.
5.c.2. Dead Heat for Second Place (2 horses):
For horses 2 and 3, winning combinations shall be 1-2 and 1-3.
Dead Heat for Second Place (3 horses):
For horses 2, 3 and 4, winning combinations shall be 1-2, 1-3 and 1-4.
5.c.3. In case of a dead heat involving four or more horses for first place or second place, the winning combinations shall be in a manner similar to that applied in rule 5.c.1 and 5.c.2 above.
5.d. Dividends for two or more combinations because of a dead heat shall be computed separately based on the cost of winning tickets of each winning combination. The total gross dividend pool shall be divided into two or more parts 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 for each part shall be divided by the cost of winning tickets of that corresponding winning combination.
5.e. In case of dead heat, which involves two horses, and one of the winning combinations has not been selected, the total net dividend pool shall be distributed to the other winning combination.
5.f. In case of dead heat, which involves three or more horses, and one or more of the winning combinations has not been selected, the total gross dividend pool shall be divided by the number of winning combinations with money bets. The dividend computations shall be similar to 5.d above.
5.g. In the event that less than two finishers arrived at the finish line or all finishers have not been selected, all bets shall be refunded.
6. When there are four or more starters declared in a race, Forecast bets may be accepted. If prior to the start of betting or during the betting period for a particular Forecast event, horses are withdrawn and the number of declared starters is less than four (4), the Racing Manager may, at his sole discretion, cancel or immediately stop the Forecast betting, 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 designated race is for the Forecast event is cancelled, all bets made shall likewise be refunded.
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