What are the deductions of Rule 4?

A deduction only applies to winning bets which were laid in a market where one or multiple non-runners were still priced up. Therefore, the following rates of deduction are only applied for those non-runners which were not declared as such in the market the bet was laid in:

Price of non-runner at time of withdrawal	Percentage deducted             from net winnings
1/9 or longer odds on 1.11 or longer odds on	90%
2/11 to 2/17 1.18 to 1.12	85%
1/4 to 1/5 1.25 to 1.20	80%
3/10 to 2/7 1.30 to 1.28	75%
2/5 to 1/3 1.40 to 1.33	70%
8/15 to 4/9 1.53 to 1.44	65%
8/13 to 4/7 1.61 to 1.57	60%
4/5 to 4/6 1.80 to 1.67	55%
20/21 to 5/6 1.95 to 1.83	50%
1/1 to 6/5 2.00 to 2.05	45%
5/4 to 6/4 2.25 to 2.5	40%
13/8 to 7/4 2.62 to 2.75	35%
15/8 to 9/4 2.88 to 3.25	30%
5/2 to 3/1 3.50 to 4.00	25%
10/3 to 4/1 4.33 to 5.00	20%
9/2 to 11/2 5.50 to 6.50	15%
6/1 to 9/1 7.00 to 10.00	10%
10/1 to 14/1 11.00 to 15.00	5%
Over 14/1 Over 15.00	No deduction

Should in one race more than one horse be declared as a non-runner, the according deductions are added up, but the total deduction shall not exceed 90%. Should the total deduction be 5% it will be waived.

Should a horse be withdrawn and a new market formed, then any bets laid in the original market will be subject to the above deductions. In the event of a further withdrawal after the market has been re-formed, bets placed in the original market will be subject to a further deduction based on the last price of the withdrawn horse in the original market.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. See below for an example.