Racing and Wagering Western Australia Regulations 2003

The dividend for a unit of 50 cents is to be as declared —

where the wager is placed by RWWA in a totalisator pool conducted by RWWA — by RWWA, on the race or races or the sporting event on which the wager was made; or

where the wager is to be included in a combined totalisator pool scheme — by the organisation controlling, and in accordance with the regulations or rules governing the operation of, that totalisator pool.

Subject to these regulations and the rules of wagering, where a totalisator pool is conducted by RWWA, RWWA is to —

after allowing for refunds, deduct the prescribed commission from the sum of the wagers included in the totalisator pool; and

add any jackpot under these regulations or the rules of wagering, or any supplementary amount set aside for that purpose under section 103 of the Act; and

calculate, declare and pay the dividend in respect of each unit to the holder of each winning ticket.

Except where a race or sporting event results in a dead heat, tie or draw, and a dead heat, draw or tie is not an outcome that can be nominated in the wager, the minimum dividend in respect of a wager for a unit of 50 cents —

is not to be less than 50 cents; and

despite the dividend calculated being less than 55 cents, may be declared and paid by RWWA as a dividend somewhere between 50 cents and 55 cents, as determined by RWWA.