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What is Rule 4?

  • The Tattersalls' Rule 4 protects players and bookmakers in fixed-odds markets from the risk of late withdrawals. Summarized it means that any bets placed on horses which are subsequently withdrawn shall be refunded and in return all payouts for winning bets laid in any market where such non-runners were still priced up shall be subject to a deduction.
  • We apply the Rule 4 to all fixed-odds but not ante-post markets. Once the final declaration stage for a race is reached, which happens usually some days before the actual race day, its markets are not ante-post anymore and all bets placed in such markets will therefore be settled in accordance with these rules. In the head of the market and in the fixed-odds betting dialog it is stated "Rule 4 applies" if it's bets are subject to the Tattersalls' Rule 4.

What is Rule 4?

  • The Tattersalls' Rule 4 protects players and bookmakers in fixed-odds markets from the risk of late withdrawals. Summarized it means that any bets placed on horses which are subsequently withdrawn shall be refunded and in return all payouts for winning bets laid in any market where such non-runners were still priced up shall be subject to a deduction.
  • We apply the Rule 4 to all fixed-odds but not ante-post markets. Once the final declaration stage for a race is reached, which happens usually some days before the actual race day, its markets are not ante-post anymore and all bets placed in such markets will therefore be settled in accordance with these rules. In the head of the market and in the fixed-odds betting dialog it is stated "Rule 4 applies" if it's bets are subject to the Tattersalls' Rule 4.