Betting
Rules:
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WINNER-TAKE-ALL EVENT
1. The Winner-Take-All (WTA) event shall be the designated seven (7) races of the day appearing in the racing program as approved by the Philippine Racing Commission.
2. The bettor shall select the seven (7) first place winners from the designated seven (7) legs / races of the designated WTA event. The Club, on its own discretion, may have as many numbers of WTA events in one race day.
3. The bettor can choose from as many numbers of combinations as he wishes. The types of betting can be single, multi-value, and rumble.
4. The minimum investment / bet shall be P2.00. Other denominations in excess of the minimum bet of P2.00, in the exact multiple of P1.00, will be made available.
5.a. The WTA dividend shall be computed based on the unit of P1.00 by dividing the WTA total net dividend pool by the total cost of winning tickets on the WTA 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. Official dividends shall be posted based on the minimum bet of P2.00.
5.b. In case of a dead heat for first place in one leg of the WTA event, all entries in a dead heat for first place shall be considered as winners.
5.c. In case of a dead heat for first place in any leg of the WTA event, the net dividend pool shall be divided equally among all the winning combinations with money bets
5.d. In the event that no bettor has selected the seven (7) first place winners of the designated seven (7) legs / races of a WTA event, the following rules shall apply:
5.d.1 Seventy Five percent (75%) of the net dividend pool shall be carried over to the immediately succeeding WTA event.
5.d.2 The remaining twenty five percent (25%) of the net dividend pool shall be distributed as consolation dividend to the holder of tickets that has selected the most number of winners from the designated seven legs / races of the WTA event.
Note: This rule is different from the Pick Six event because the most number of winners referred to in the WTA event could be in any leg, unlike the Pick Six event which has to be in consecutive order from the first leg.
5.d.3 In the event that there is no ticket sold with one (1) first place winner or point, the total net dividend pool shall be carried-over to the net dividend pool of the immediately succeeding WTA event after the carry over
5.d.4 The 75% or 100% carry-over amount, as the case may be, shall only be added to the net dividend pool of the immediately succeeding WTA event. In the event that no bettor has selected the seven (7) winners from the immediately succeeding WTA event, only 25% of the net dividend pool of that particular WTA event shall be distributed as consolation dividend (as described in 5.d.2). The 75% carry-over amount of the former WTA event, plus the 75% of the net dividend pool of that particular WTA event shall be carried-over to the immediately succeeding WTA event.
However, after five (5) consecutive carry-overs, a mandatory payout shall be made on the immediately succeeding WTA event when there are no tickets sold that has selected the seven (7) first place winners of that designated seven (7) legs / races of the WTA event. The mandatory payout shall be limited to the net dividend pool based on the sales of that particular WTA event. The carry-over amount shall only be distributed after a bettor has selected the seven (7) first place winners of the designated WTA event.
6.a.1. The first favorite in the first leg of the Extra Double event of that race shall be the substitute. However, if the race is not the first leg of an Extra Double event, then;
6.a.2. The first favorite in the Forecast event of that race shall be the substitute. However, if the race is not a Forecast event, then;
6.a.3. The first favorite paired with the winner of the first leg of the Daily Double event shall be the substitute. However, if the race is not the second leg of a Daily Double event, then;
6.a.4. The first favorite paired with the winner of the first leg of the Extra Double event shall be the substitute. However, if the race is none of the above, then;
6.a.5. The Racing Manager or his assistant in consultation with the Club or PHILRACOM Handicappers may decide the entry. (In this situation, an announcement as to the substitute horse will have to be made before the start of the race.)
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