The “No Deductions” promotion is here
We’re removing all deductions on fixed odds final field win and place bets from today (23 August) right through to the end of New Zealand Cup week.
This means you won’t get your dividend reduced if your selected horse or greyhound wins or places, regardless if one or several other runners in the field are scratched.
What you see is what you’ll get. It doesn’t matter if there’s one, two, or even six scratches from when the market opens right through to the race being run — if you backed a horse to win at $6 and it duly delivers, you will get paid out the full $6.
The “no deductions” initiative applies to both New Zealand and international racing
By doing this, we’re removing the frustration you might experience when you get less back on a winning bet than you thought you would due to another runner being scratched.
What is the “No Deductions” promotion?
From Tuesday, 23 August, TAB NZ is removing all deductions that would normally be applied to fixed odds Final Field win and place bets for the duration of the spring racing period (until 13 November)
What does this mean for me as a racing customer?
If a horse or greyhound is scratched in a racing event (in New Zealand or overseas), you will not be subject to the usual deductions to your dividends (payout) if you have placed a bet on another runner in that race. You will now receive the price that the bet was placed at, regardless of scratches subsequent to the bet being placed.
For example, if you placed a bet on a horse paying $8 on a Saturday morning for a race that afternoon, and the $4 favorite was scratched later that morning, deductions would mean you get less than your $8 “dividend” back if you won. This promotion means your original price is guaranteed - no questions asked.
Does this include Futures markets?
“No deductions” only apply to Final Field markets. There are risks involved with betting on Futures events. It is an ‘all in’ event, meaning that if your runner does not take part in the race there are no refunds of your bet. However, if you place a Futures Winner bet through your TAB Account and if your runner does not start in the event, you will be refunded your bet/s (up to $50) as a Bonus Bet as part of the Future Proof promotion.
Is this promotion available through all channels?
Yes. “No Deductions” apply to all fixed odd Final Field win and place bets, whether placed over the counter, through a self-service terminal or through your account.
Terms and Conditions:
1. Promotion ends 23:59 Sunday 13 November.
2. TAB may, without limitation, withdraw a customer's eligibility (including both online and in TAB retail venues) for this Promotion at any time. TAB may also cancel this Promotion without notice, or amend the terms and conditions of the Promotion without notice.
3. Bets remain subject to the TAB Betting Rules and the TAB Privacy Policy.
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