Bets with domestic betting operators and totalisators
63 Bets with domestic betting operators and totalisators
In this regulation —
totalisator includes a totalisator (however described) operated in another State or a Territory.
No bookmaker shall be compelled to accept a bet from another bookmaker, or from any person on behalf of a bookmaker.
[(2), (3) deleted]
Where a bet is made by or on behalf of a bookmaker with a domestic betting operator —
if the domestic betting operator is another bookmaker, the bookmaker receiving the bet shall record the name of the bookmaker making the bet, or on whose behalf the bet is made, alongside the record of the bet whether or not the bet is made in cash; and
if the bet is a bet back, the bookmaker who makes the bet or on whose behalf the bet is made shall record —
the details of the bet; and
the bet as a bet back; and
the number of the betting ticket.
Where a bet by way of a bet back is made by a bookmaker or by any person on behalf of a bookmaker on any totalisator, the bookmaker who makes the bet or on whose behalf the bet is made shall record the transaction as a bet back on the totalisator and shall retain the totalisator ticket or tickets of all losing bets for a period of one month.
A bookmaker who makes a bet back, or on whose behalf a bet back is made, with a domestic betting operator or a totalisator is not permitted to deduct the amount of the bet back from the total of the bets the bookmaker has received —
for the race, race meeting or approved event to which the bet relates; or
for any other races, race meetings or approved events in relation to which the bookmaker has accepted bets.
[Regulation 63 amended: Gazette 24 Jun 1988 p. 2005; 10 Jul 1992 p. 3293; 21 Jul 1998 p. 3855 and 3856; 17 Dec 2002 p. 5924; 14 Jun 2013 p. 2241-2; 25 Jan 2019 p. 201-2.]
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