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Grading and Payout Rules

APK3 and PK4 Grading and Payout Rules

All PK3 and PK4 tickets are paid out based on the official race results as published by the host track at which the race was run. There are no automated refunds of PK3 and PK4 ticket parts when any runner scratches. Normally, scratched runners are included with the winning runner IF the post time favorite wins the race.

In the event a scratched entry is not included with a winning post time favorite in the official track results, and the other runners selected for each leg on the ticket are winners, please contact Customer Service and the ticket part will be refunded by Customer Service.

Horsebetting.com reserves the right to refund PK3 and PK4 tickets where a scratched runner is selected for a leg of the ticket after the scratch has been posted by the host track, but before the scratch has been entered in the Racebook. If any such refunds are made, Customer Service will notify our client before race time advising of the refund.

Daily Double Grading and Payout Rules

All Daily Double tickets are paid out based on the official race results as published by the host track at which the race was run.

Daily Double tickets are automatically refunded where the runner selected in the first leg of a Daily Double is a scratch.

In the event of a scratch in the second leg of the Daily Double, if the host track pays a Consolation Daily Double (picked the winner of the first leg, but the selection for the second leg is scratched), such winning consolation payment should automatically be paid. If no Consolation Daily Double is paid by the host track, then Daily Double tickets selecting the winner of the first leg and a scratch in the second leg will be automatically refunded.

If these refunds and payouts do not occur in accordance with these rules, please contact Customer Service for assistance.

Ticket Pay out Limit Rule

Win, Place, Show wagers pay full track odds. All other wagers pay full track odds up to a maximum payout of 300 times your original bet amount. There is a Cap Payout Limit of $25000 on any winning ticket.

There are no limits on how much you can place on any one horse or bet type. However, you will see that each ticket has a bet limit (typically $1,000), you simply need to make multiple bet tickets to get to the bet amount you seek. There is a $20,000 limit per betting ticket.

There are no house odds. If there are no track payoffs for a certain type of wager, all wagers on that type will be refunded.

 

 

 

 

 

 

 

 

 

 

 

 

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