Call Me means the facility whereby the Operator calls the Client at the Clients request for the purpose of taking a Bet on the Telephone.

Transcription

1 BETTING RULES 1.1 Definitions Client or Customer or You means you, being an individual who is 18 years or older who has validly opened an Account in accordance with the Terms and Conditions and excludes corporations or professional Betting groups. Account means a betting account opened by the Client with NEDS for the purposes of placing Bets on sporting, racing and entertainment events approved by the NT Racing Commission. All-In means all Bet(s) placed on the selection stand, no refunds are payable and no Deductions apply for any scratching or withdrawal. If a Bet selection does not start a race or take the field, any Bet(s) on that selection are deemed to be losing Bets. Bet means any bet, wager or stake (including multiple leg Bets/multi-bets) placed by a Client with NEDS in regard to any contingency or Betting event offered by NEDS in consideration for being paid out the agreed dividend or winnings by NEDS if the contingency or Betting event eventuates. Betting Platform means the NEDS betting software platform on the Website or accessible via the Android/Apple smartphone application downloaded from the Website, or from any other authorised download location. Betting Rules means these rules in their entirety. Client Account Balance is the difference Between the unsettled Bets made by the Client and the sum of any Client Deposits and unsettled winnings payable by NEDS for all settlement periods. Call Me means the facility whereby the Operator calls the Client at the Clients request for the purpose of taking a Bet on the Telephone. Credit Betting Facility means the maximum permissible debit balance offered by NEDS to selected and approved Clients. Deductions means a percentage reduction of a fixed odds return due to a scratching as set out in Clause Live In-Play Bet means a Bet placed on an event that is currently in progress and which is identified on our Betting Platform as being Live and for which, Bets may only be placed on the Telephone. NEDS is a reference to neds.com.au Pty Ltd ABN , a company registered in Australia under the Corporations Act 2001 and licensed by the Northern Territory Government to conduct a wagering business on various sporting, racing and entertainment events as approved by the NT Racing Commission. Official Starting Time is that time stated by the controlling body for the relevant event; Operator means a NEDS representative located in the NEDS call centres who takes and processed a Bet placed by a Client by Telephone. Settlement means the full payment of a Client Account Balance for a settlement period and if there are unsettled Client Account Balances for prior settlement periods then those prior Settlement periods must be settled as well.

2 Terms and Conditions means the Account and Betting Platform Terms of Use located at which together with these Betting Rules, forms a legally binding contract Between NEDS and the Client in regard to the provision of wagering services provided by NEDS to the Client by Telephone and/or the Betting Platform. Telephone means a voice activated telephone call made to an Operator for the purpose of placing a Bet, and includes Call Me function where a request is made by the Client via the Betting Platform to have a NEDS representative call the Client for the purpose of processing a Bet. TABs or Totes means a reference to one or more (as the case may be) of the three (3) major Australian State Government Regulated totalisators, comprising the Victorian S-TAB totalisator, the New South Wales TAB totalisator and the Queensland UBET totalisator. Website means the website located at and all subpages contained therein. 1.2 General The Betting Rules form part of, and are to be read in conjunction with, the Terms and Conditions. Other terms used but not defined in the Betting Rules shall have the same meaning as in the Terms and Conditions, unless the context indicates to the contrary All dividends displayed on the Betting Platform are for a $1 investment All TAB-based dividends displayed by NEDS are approximate only NEDS will accept Bets by use of a system approved by the NT Racing Commission NEDS products and Bet types are intended for Clients only. Clients must act at all times in accordance with these Betting Rules, the Account and Betting Platform Terms of Use, and NEDS Responsible Gambling Policy, all of which are available on the NEDS website, Incorrect Betting Information Notwithstanding anything contained elsewhere in these Betting Rules, if NEDS publishes, posts or quotes any incorrect Betting information on the Betting Platform for any sporting event or other designated Betting event, such as posting wrong odds, dividends or lines, then regardless of the cause or source of such error, the following shall apply: Error identified prior to the commencement of the event If the error is identified prior to the commencement of the event, all Bets on that market will be void. If the Bet is part of a multiple-leg Bet, the Bet will then be re-calculated excluding the market to which the error relates. NEDS will use its best endevours (but shall not be obliged) to notify the Client in the event that a Bet on a particular market is voided pursuant to this Clause 1.3, as markets are often set by third parties who may cancel a market at short notice or without notifying NEDS. Error identified after the commencement of the event If the error is identified only after the commencement of the event or for any other reason not notified to the Client's point of contact prior to commencement of the event, the Bet on the

3 1.4 Client Responsibility event will stand, EXCEPT where NEDS in its discretion, reasonably believes that the error was so manifest or obvious, or that the Client otherwise should reasonably have been aware of the error when the Bet was placed, in which case NEDS reserves the right to void such Bets A Client is deemed to have accepted these Betting Rules and the Terms and Conditions by opening an Account or by placing a Bet with NEDS by Telephone or on the Betting Platform It is the Client s responsibility to ensure that they are up to date with the current Betting Rules, and the remainder of the Terms and Conditions. These are all available at NEDS Reserved Rights Subject to any government regulations regarding mandatory acceptance of Bets up to the nominated Bet limit, NEDS reserves the right to accept, reject or limit the amount of, any Bets placed by a Client by Telephone or on the Betting Platform NEDS reserves the right (in its sole and absolute discretion), to void any Bets (both pending and accepted) made by any individual or group of people acting in bad faith, in collusion or otherwise in an attempt to defraud NEDS. 1.6 Placing of Bets Subject to these Betting Rules, a Client may place a Bet with NEDS by Telephone or using the Betting Platform in accordance with the Terms and Conditions When you, the Client places a Bet by Telephone, the Bet shall only be deemed to have been accepted by NEDS after the Operator has taken the details of the Bet, read back the details to you, you have not disputed or varied the details of the Bet as read back to you and the Operator has confirmed that the Bet has been processed When you, the Client places a Bet using the Betting Platform, the Bet shall only be deemed to have been accepted by NEDS after a valid transaction ID number / reference number is generated by the back-end systems of the Betting Platform. If you, the Client is in doubt about whether or not a Bet has been validly placed on the Betting Platform, you should check its status in the Bet Slip section of the Betting Platform Any Bet made by Telephone or using the Betting Platform where the correct user name and security details have been used to access and use the Account, such Bets will be regarded by NEDS as having been validly placed and authorised by the Client and valid and may not be changed, cancelled or modified unless so agreed by an authorised representative of NEDS In the event of complete system failure where NEDS cannot immediately record Bets in its systems, NEDS may at its discretion continue to take Bets from customers, manually record those Bets at the time they are taken and enter the customer's Bets into the NEDS system when the system failure has been rectified and the system is fully operational In the event of any loss of connection Between the Client and NEDS during the placement of a Bet and no Betting reference number has been issued, it is the Client s responsibility to contact NEDS to re-

4 confirm the Bet. NEDS accepts no responsibility for any Bets where a Betting reference number has not been issued During system failure, Bets recorded manually and later entered into the NEDS system when the failure is rectified are struck when accepted by Telephone and not when entered into the system. NEDS will not accept any claims related to the manual entering of Bets as a result of a complete failure of its systems Subject to Clause 1.6.7, NEDS reserves the right to refuse to accept any Bet, whether in whole or part thereof NEDS shall comply with all Government regulations regarding mandatory acceptance of Bets from Clients up to the nominated Bet limits set by such regulations All Bets are considered to be placed and received in the Northern Territory in the Commonwealth of Australia NEDS does not warrant or imply that participation in wagering activity complies with the legal requirements of any state of Australia or country, other than the Northern Territory, Australia. Clients must satisfy themselves and assume full responsibility for the legality of: (c) (d) Applying to NEDS for an Account; Remitting funds by credit card or other permitted means to an Account; Placement of Bets with NEDS; and Receiving payments from NEDS Generally, Bets may be accepted by NEDS up to the advertised start time of the event. NEDS may in its absolute discretion, close the time for placing of Bets early or extend the deadline for placing of Bets beyond the advertised start date for any event, If a Bet is inadvertently accepted in respect of an event after the actual start time, the Bet may be voided and refunded to the Client Clients are unable to cancel or change a Bet once the Bet has been placed and the acceptance has been confirmed by NEDS All prices and odds quoted by NEDS on the Betting Platform are subject to continual review and variation, but will deemed to be fixed at the time the Bet is accepted by NEDS, with the exception of Tote odds or top fluctuation Bets Each-way Bets placed on the Betting Platform must be the same stake for the win and place portion. 1.7 Minimum Bets NEDS may in its discretion, reject any Bet placed by Telephone in relation to Harness or Greyhound races where the Bet is less than AUD$ NEDS may in its discretion, reject any Bet placed by Telephone in relation to thoroughbred races where the Bet is less than AUD$20.

5 1.7.3 NEDS may in its discretion, reject any Bet placed by Telephone in relation to an approved sporting event where the Bet is less than AUD$ The minimum Bet placed on all approved events on the Betting Platform is AUD$ Win Limits/Maximum Payouts You acknowledge and agree that for certain Bet types, your accepted Bet may mean that you have the opportunity to win more than a win limit or maximum payout set out in this clause or in our other Terms and Conditions. Even where your approved Bet may give you the opportunity to win a higher amount, you agree that we shall only be obliged to pay to you the win limit or maximum payout specified in this clause, these Betting Rules or in our other Terms and Conditions If NEDS impose a win limit or maximum payout on your winning Bet and payout, NEDS reserves the right to adjust the amount of your Bet deemed to have been placed on the event, so that the reduced Bet shall be deemed to have been placed at the designated odds, such that the payout amount does not exceed the applicable win limit or maximum payout. In such instances, NEDS may refund the balance of your Bet into your Account Multiple Leg Bets/Multi-bets Subject to our other Terms and Conditions, the maximum odds offered by NEDS for a multiple leg Bets on one or more events or contingencies shall be capped at 10,000 to 1 (effective of any higher odds mistakenly quoted by NEDS); and the maximum payout that NEDS shall be obliged to pay you in respect of all legs of a winning multiple leg Bet is $500,000, regardless of the number of legs included in that multi-bet. (c) The maximum number of legs which will be accepted by NEDS for a multiple leg Bets are: (i) Thoroughbred, Harness & Greyhounds - 16 legs (ii) Sports 20 legs (d) A Client shall only be allowed to place one (1) multiple leg Bet consisting of the same (or substantially similar) combination of legs Notwithstanding any of the maximum win limits on individual races set out in Clause 1.9 below, NEDS reserves the right to limit the total payout to any individual Client(s) on any Bet type on any single event. If the total NEDS payout on any Bet type exceeds the largest relevant Tote pool, NEDS reserves the right to limit the total payout to Clients to the amount of the largest Tote pool on that particular Bet type Subject to the Terms and Conditions and in particular the maximum payout limits set out in Clause 1.9 below, the maximum payout NEDS shall be obliged to pay to any individual Client (or a group of

6 Clients deemed by NEDS to be acting on behalf of, in collusion with, or in conjunction with, a particular individual Client) in respect of any race, event or continency is limited to $200,000 in total Notwithstanding any of the above maximum win limits, the total payout by NEDS to any individual Client (or a group of Clients deemed by NEDS to be acting on behalf of, in collusion with, or in conjunction with, a particular individual Client) across all Bets in multiple events in any 24 hour period is limited to a total of $500, Where the collect on any race (thoroughbred, harness or greyhound) is greater than $10,000 NEDS reserves the right to delay payment whilst the circumstances that led to the horse or greyhound being declared the winner are investigated. 1.9 Maximum Payouts on individual races Without prior negotiation Between NEDS and a Client, the maximum payout by NEDS to any one individual or entity (or group deemed by NEDS to be acting on behalf of any one individual or entity) on any one race, shall be limited as set out below: Australian Horse Racing (Gallops): Win and Place Metropolitan Venues = $300,000 Non-metropolitan Venues = $150,000 Quinella Metropolitan Venues = $200,000 Non-metropolitan Venues = $50,000 Exacta Metropolitan Venues = $100,000 Non-metropolitan Venues = $30,000 Trifecta Metropolitan Venues = $200,000 Non-metropolitan Venues = $50,000 First Four Metropolitan Venues = $200,000 Non-metropolitan Venues = $50,000 Daily Double Metropolitan Venues = $20,000 Non-metropolitan Venues = $5,000 Treble Metropolitan Venues = $100,000 Non-metropolitan Venues = $20,000 Quaddie Metropolitan Venues = $300,000 Non-metropolitan Venues = $100,000 Super 6 Metropolitan Venues = $300,000 Non-metropolitan Venues = $100,000

7 Betting Without Metropolitan Venues = $50,000 Non-metropolitan venues= $25,000 Odds/Evens Metropolitan Venues = $50,000 Non-metropolitan venues= $25,000 Head to Head Metropolitan Venues = $20,000 Non-metropolitan venues= $10,000 Jockey Challenge Metropolitan Venues = $30,000 Non-metropolitan venues= $15,000 Early Quaddie Metropolitan Venues = $100,000 Non-metropolitan Venues = $25,000 Fixed Odds Quinella Metropolitan Venues = $100,000 Non-metropolitan Venues = $25,000 Fixed Odds Exacta Metropolitan Venues = $50,000 Non-metropolitan Venues = $10,000 Fixed Odds Trifecta Metropolitan Venues = $100,000 Non-metropolitan Venues = $25,000 Back the Field Metropolitan Venues $20,000 Non-metropolitan Venues $10,000 Fixed Odds Quinella Metropolitan Venues = $100,000 Non-metropolitan Venues = $25,000 Fixed Odds Exacta Metropolitan Venues = $50,000 Non-metropolitan Venues = $10,000 Fixed Odds Trifecta Metropolitan Venues = $100,000 Non-metropolitan Venues = $25,000 A Metropolitan Venue is defined as Melbourne, Sydney, Brisbane, Adelaide and Perth Australian Harness Racing: Win and Place = $100,000 Quinella = $20,000 Exacta = $10,000

8 Trifecta = $20,000 First Four = $10,000 Treble = $5000 Daily Double = $5000 Running Double = $5000 Quaddie = $20,000 MultiBets = $20,000 Betting Without = $20,000 Odds/Evens = $10,000 Head to Head = $10,000 Super 6 = $30,000 Running Doubles = $5000 Early Quaddie = $10,000 Fixed Odds Quinella = $10,000 Fixed Odds Exacta = $5,000 Fixed Odds Trifecta = $10,000 Australian Greyhound Racing: Win and Place = $100,000 Quinella = $10,000 Exacta = $5,000 Trifecta = $10,000 First Four = $10,000 Treble = $5000 Daily Double = $5000 Running Double = $5000 Quaddie = $20,000 MultiBets = $20,000 Betting Without = $20,000 Insure 2 = $10,000 Insure 3 = $10,000 Odds/Evens = $10,000 Head to Head = $10,000 Super 6 = $30,000 Running Doubles = $5,000 Early Quaddie = $10,000 Fixed Odds Quinella = $10,000 Fixed Odds Exacta = $5,000 Fixed Odds Trifecta = $10,000 Hong Kong and Singapore Horse Racing (Gallops): Win = $50,000 Place = $25,000 Quinella = $10,000 Exacta = $10,000

9 Trifecta = $10,000 First Four = $10,000 United Kingdom and Irish Horse Racing (Gallops): Win = $25,000 Place = $25,000 Quinella = $10,000 Exacta = $10,000 Trifecta = $10,000 First Four = $10,000 All Other Racing (Gallops, Harness and Greyhound): Win = $15,000 Place = $5,000 Quinella = $3,000 Exacta = $3,000 Trifecta = $5,000 First Four = $5, Privacy NEDS operates in accordance with the NEDS Privacy Policy, which forms part of the Terms and Conditions. The Privacy Policy is available for viewing at the Website NEDS will make a recording of all Telephone conversations with Clients, including any conversations related to the placement of Bets, disputes and account queries NEDS will make records of all Betting Platform transactions with Clients The Client agrees to these recordings being made and accepts that they may not be notified each time a recording is made. In the event of a dispute, the Client agrees that the relevant Telephone recordings and/or any records of Betting Platform transactions may be made available to any relevant regulatory agencies, in particular the NT Racing Commission, to enable the dispute to be determined in accordance with these Betting Rules Australia governing sporting bodies are organisations charged with the administration of thoroughbred horse racing, harness racing and greyhound racing throughout Australia. Where a Client has opened an Account, NEDS reserves the right to provide Australian governing sports bodies which make a request with: records or documents in the possession or control of NEDS (excluding bank account details, credit card details and government identifiers) relating to Betting transactions of the Client; and the names, contact details and similar identifying information in the possession or control of NEDS relating to Clients who have entered into Betting transaction(s).

10 Such information will only be provided to assist in a legitimate inquiry conducted by the Australia governing sporting body to maintain the integrity of the sport For the avoidance of doubt, the Client consents to NEDS providing the above information to any Australian governing sporting body Dispute Resolution If any dispute cannot be settled satisfactorily between NEDS and the Client, the Client can refer the dispute to an authorised representative of the NT Racing Commission at gamblingdisputes@nt.gov.au for their final determination NEDS will not adjust any Bets until a decision has been made by an authorised representative of the NT Racing Commission. 2. NEDS GENERAL BETTING RULES 2.1 Bets will generally be accepted up to the official starting time of an event. NEDS may in its absolute discretion, accept or reject a Bet placed after the start of an event. A Bet may be deemed void, if it is submitted after the official starting time of an event, unless it is a Live In-Play Bet. 2.2 Except in the case of a Live In-Play event, if an event commences before the scheduled time, only Bets placed before the actual start of the event will be considered valid. 2.3 Unless a Specific Betting Rule states otherwise: where an event or match is postponed and rescheduled to take place within 48 hours of the original scheduled starting time of the event or match, all Bets will stand; where an event or match is abandoned prior to commencing or where an event is postponed and rescheduled to take place more than 48 hours after the original scheduled starting time, all Bets will be void and refunded to the Client s account. 2.4 NEDS reserves the right to resettle an event where an error has occurred with the resulting process or the dividends declared. Where the resettlement is carried out 24 hours or more after the initial settlement, customers will be notified by If a Bet is void at any time, affected multiple Bets will be recalculated excluding that leg. 2.6 The winner of an event or game shall be determined on the date of the event s conclusion in accordance with the event s rules and regulations. We shall not recognize suspended games, protests or overturned decisions for wagering purposes. 2.7 If a match is abandoned before full time has been played, Bets on the match outcome will be void, unless an official result is declared. Bets on all markets which have been unconditionally determined will stand, for example in Soccer, First Goal Scorer Bets will stand if a goal has been scored. The meaning of full time is determined by Clause 4 Sports Betting. Unless otherwise stated, overtime periods shall be counted as follows: On all Under/Over (totals) Bets, overtime periods shall be counted in the final score.

11 2.8 Unless otherwise stated, in instances where a match is called off while in progress, or the outcome is postponed to a later date, the official result, if any, declared by the Sporting Event s Controlling Body will be used to determine the settlement of Bets placed on the outcome of an event. Any events that have been decided prior to the calling off or postponement of the event shall stand. 2.9 Multiple Bets shall not be accepted where the outcome of one part of the Bet contributes to the outcome of another. If a Client inadvertently or deliberately takes a related contingency in a multiple Bet, the Bet shall be deemed void, and the stakes returned Any multiple Bet made up of more than one selection from the same event shall be deemed a related contingency, except Bets placed on Baseball, American Football, Basketball and Hockey where sides and totals make up a multiple Bet Any multiple Bet involving the same team or its players, or the same selection will be deemed a related contingency Enhanced Prices for Multiple Bets. In cases where we offer an enhanced price for multiple Bets, such as doubles or trebles, any non-runners will be treated as void selections. For example, a treble with a nonrunner will be settled as a double on the remaining selections. The prices for the remaining selections will be based on the advertised prices and not the enhanced odds In the event of an event being offered for which we do not currently have specific rules, we will undertake to provide relevant trading terms and conditions at that time Determining the Result In the case of all sports (except as stated in Sports Specific Rules) and all other contests that involve a set length of play or time limit, players must play and the event must run to the conclusion of the designated time to be considered official for Betting purposes Overtime periods or extra time in all sports shall count towards the final result for the match except in relation to any stated Sports Specific Rules Dead Heats and/or Draws. In any competition where the draw is not offered as an explicit 3 way option (excluding Baseball, American Football, Basketball and Ice Hockey, Golfing Head to Heads, Boxing and MMA/UFC) any Bets placed on a drawn event shall be resulted in accordance with dead heat rules: Full face value of the ticket (stake + payout) divided by the number of the dead heat count. For example, a Bet on Australia vs. New Zealand in Rugby Union, $100 on 1.90 would return $95. Dead heats or Draws in Baseball, American Football, Basketball, Ice Hockey, Golfing Head to Heads and Boxing and MMA/UFC will be deemed to be a "push" (full refund of stake) In the event of a Dead Heat or Draw, where such an option was not offered for Betting purposes, the ticket will be paid out at face value divided by the number of dead heating competitors of the event (The Dead Heat Rule) For multiple Bets, if any leg/legs are void, the multiple Bet will be recalculated excluding the voided leg/legs.

12 Unless otherwise agreed by a duly authorised NEDS Sports Betting Officer and the customer at the time of making the Bet, Bets on sporting events will be settled on the official or podium positions as per the adjudication of the relevant, recognised governing body. Subsequent disqualification, promotion of competitors, or any other change is irrelevant for the purposes of determining the result of the approved sporting event Transfers, Abandonments, withdrawals Subject to specific Betting Rules set out in Clause 3 below: (c) (d) Where a race meeting is transferred from one racecourse to another, all Betting Rules will apply as if the meeting was not transferred. If a race is abandoned then all live Bets on that race will be cancelled and monies refunded, subject to NEDS Betting Rules for specific Bet types. If a race is postponed then all Bets placed after the final field has been declared for that race are cancelled and monies refunded, subject to NEDS Betting Rules for specific Bet types. All Bets placed before final field stage will stand. In the event of a horse being withdrawn late by order of the Stewards, all Bets will be paid as directed by the officiating Stewards from that meeting direct including Deductions on remaining runners Cancellation of a Bet No Bet may be cancelled, changed, or modified by you, in any way or form, once it is has been received and accepted by us In the event that a line or price is put up in obvious error due to a human error by an employee, any customer Bets entered to take advantage of such error will be void In the event of a system malfunction, all Bets are void We reserve the right to refuse any Bet prior to its acceptance We shall keep a record of all point-spreads, odds, final scores, and related Betting proposition statistics for the protection of both the Client and us in case of obvious mechanical or human error We reserve the right to void any or all Bet(s) made by any individual or group of people acting together (or on behalf of another individual or group of people) in an attempt to gain financial benefit through the manipulation of Tote based dividends or official starting prices. This can include persons, relatives, organisations, bookmakers and their employees Where we suspect there has been any form of pool manipulation on any of the Totes we reserve the right to limit the total payout to any individual account holder across all Bet types to $500 in full settlement of Bets on that event.

13 2.18 Cash Out Facility Cash Out is a function which allows you to take a return on your Bet prior to the market(s) in which you placed the Bet finalising Cash Out may be available to customers via our Betting Platforms on selected races, sporting events and multiple Bets (i.e. accumulators). It is not available to all customers, Bet types or racing and sporting events In order to avoid the abuse of promotions offered by us from time to time, Cash Out may not be available in respect of bonus Bets, Bets placed using non-withdrawable funds or any Bets placed which would qualify customers to receive a bonus Bet, bonus or promotion Whilst we will endeavour to make the Cash Out functionality available wherever possible, they may be unavailable from time to time. We provide no guarantee as to their availability and shall not be liable for any losses incurred due to the unavailability of the Cash Out function. We therefore recommend that you do not place Bets with the intention of using the Cash Out function as a way of mitigating the liability of your Bet. All Bets will stand regardless of the availability of the Cash Out features Following any request to Cash Out your Bet, we will notify you whether such request was successful. Cash Out requests are not guaranteed and may be unsuccessful if for example there is a change in the market odds or the market suspends prior to the request being processed In the event that a Cash Out request is unsuccessful, a message will be shown advising this and a new Cash Out offer may be offered to you In the event that a Cash Out request is successful, a success message will be displayed and your Bet will be settled immediately and the Cash Out value returned to your account. Following a successful request, the value returned to your account will be the higher of (i) the amount shown on the Cash Out button; or (ii) in circumstances where the Cash Out Value increases during the period Between your initial request to use the Cash Out functionality and your subsequent Cash Out confirmation, the increased sum. The Cash Out value returned is inclusive of the original stake When customers successfully Cash Out this shall constitute a settlement (for a Cash Out) of the original Bet and any subsequent events will have no impact on the amount returned to your Account. All Cash Out transactions remain subject to our standard settlement and Bet acceptance rules set out in our Terms and Conditions In the unlikely scenario that a Cash Out value (or a price relating to a Cash Out) has been incorrectly offered, we reserve the right to take corrective measures to rectify such errors, including, where applicable, settling the Cash Out request for an amount equivalent to the Cash Out value which would have been available in the absence of such error NEDS reserve the right to amend, suspend or remove Cash Out availability at any time on any market or to any customer.

14 2.19 Price Boost Odds Enhancer NEDS proprietary Price Boost instant odds enhancer feature may be offered to selected Clients using the Betting Platform on certain events/betting contingences nominated by NEDS from time to time ( Price Boost Feature ) Price Boost Feature (if available) will allow Clients to place a Bet at the specified enhanced odds, being better odds than the standard odds displayed for that particular event/betting contingency When you, the Client selects the Price Boost option, the enhanced odds which may be available to place your Bet at will appear. If you wish to place your Bet at these enhanced odds, you must ensure that the Price Boost option is selected before proceeding with your Bet. If you do not wish to place your Bet at the odds using the that appear, you must deselect the Price Boost option, before proceeding to place your Bet Each Client will only be able to use the Price Boost Feature for one Bet per day unless otherwise determined by NEDS in its absolute discretion If the Price Boost Feature is used to place a Bet on any race where a runner which is subsequently scratched or on a sporting event which is subsequently postponed or cancelled, the Price Boost Feature will deemed to have been used for that day, and will not be available to be used by the Client for another Bet on the same day The Price Boost Feature and will only be available on selected race(s) each day and selected sporting event(s) each day as determined by NEDS in its absolute discretion and as specified on the Betting Platform from time to time Price Boost is only available for single fixed-odds win Bets on racing, and multiple Bets where each leg has a fixed price and the Bet is placed on All Selections Win The maximum number of multiple Bets that you can boost with Price Boost is one per day. You cannot Price Boost a multi-bet if it contains a leg from a market that you have previously used the Bet Boost feature in accordance with Clause Unless stated otherwise offered or agreed to by NEDS, the maximum stake for a single Bets placed in conjunction with the Price Boost Feature is $1,000, and the maximum stake for a multi-bets placed in conjunction with the Price Boost Feature is $1, Price Boost is available to boost a leg contained in a multiple Bet, as a single Bet, as long as you have not previously used the Price Boost Feature to improve the odds in a previous single Bet or in a separate multiple Bet. For example: (c) The odds on Horse X can be improved in a single Bet AND in a multiple Bet The odds on Horse X cannot be improved in two separate single Bets The odds on Horse X cannot be improved in two separate multiple Bets The Price Boost Feature is only available to bona fide recreational gamblers who at all times act in good faith.

15 NEDS may refuse to accept a Bet placed using the Price Boost Feature or payout any winnings from such Bets if, NEDS believe in its sole and absolute discretion, that the Bet Boost Feature is being used with fraudulent intent or for any arbitrage opportunity The Price Boost feature cannot be used in conjunction with Bets placed using Bonus Bets, Bonus Cash or other promotional benefits If a Client places a Bet on a promotional market using the Price Boost feature, they will not be eligible for the Bonus Bet, Bonus Cash, Cash Back Refund or other offer attached to that promotional market A Bet placed in conjunction with the Price Boost Feature is not considered accepted until you receive a Bet confirmation. In the event of any failure or malfunction, a Bet may be paid out at the regular odds NEDS reserves the right to amend, suspend or remove the availability of the Price Boost Feature at any time on any market or to any Client Cash Out facility is not available for a Bet placed in conjunction with the Price Boost Feature Bet Boost Instant Stake Increase NEDS proprietary Bet Boost instant stake increase feature may be offered to Clients using the Betting Platform ( Bet Boost Feature ) which will allow Clients to place a Bet at the nominated increased stake amount ( Boosted Stake ) The Bet Boost feature will only be available on fixed odds markets for use selected events, as nominated by NEDS from time to time The amount of the Boosted Stake (as displayed on the Betting Platform) will comprise of the Client s original stake plus a bonus stake to be contributed by NEDS (ie. at no cost to the Client). The Boosted Stake can be used by the Client to place a Bet at the designated odds on the selected event/betting contingency When you, the Client selects the Bet Boost option, the Boosted Stake which may be available for you to place your Bet at will appear. If you wish to place your Bet at the Boosted Stake amount, you must ensure the Bet Boost option is selected before proceeding to place your Bet. If you do not wish to place your Bet at the Boosted Stake amount, you must deselect the Bet Boost option, before proceeding to place your Bet Each Client shall only be able to use the Bet Boost Feature for one Bet per day, unless otherwise determined and made available to the Client by NEDS in its absolute discretion If the Bet Boost Feature is used to place a Bet on any race where a runner which is subsequently scratched or on a sporting event which is subsequently postponed or cancelled, the Bet Boost Feature will deemed to have been used for that day, and will not be available to be used by the Client for another Bet on the same day The Client cannot use the Bet Boost Feature on a multi-bet, if it contains a leg from a market that you have previously placed a Bet using the Bet Boost Feature. You cannot use the Bet Boost Feature on a

16 multi-bet if it contains a leg from a market that you have previously used Price Boost feature in accordance with Clause Unless stated otherwise offered or agreed to by NEDS, the maximum stake for a single Bets placed in conjunction with the Bet Boost Feature is $1,000. The maximum stake for a multi-bets placed in conjunction with the Bet Boost Feature is $1, The Bet Boost Feature is only available to bona fide recreational gamblers who at all times act in good faith NEDS may refuse to accept a Bet placed using the Bet Boost Feature or payout any winnings from such Bets if, NEDS believe in its sole and absolute discretion, that the Bet Boost Feature is being used with fraudulent intent or for any arbitrage opportunity Bet Boost feature cannot be used in conjunction with Bets placed using Bonus Bets, Bonus Cash or other promotional benefits If a Client places a Bet on a promotional market using the Bet Boost feature, they will not be eligible for the Bonus Bet, Bonus Cash, Cash Back Refund or other offer attached to that promotional market A Bet placed in conjunction with the Bet Boost Feature is not considered accepted until you receive a Bet confirmation. In the event of any failure or malfunction, NEDS reserves the right for a Bet to be paid out based on the amount of the Client s stake NEDS reserves the right to amend, suspend or remove the availability of the Bet Boost Feature at any time on any market or to any Client Cash Out facility is not available for a Bet placed in conjunction with the Bet Boost Feature. 3. RACING - SPECIFIC BETTING RULES 3.1 General If no Bet type is specified the default Bet type will be a Win Only Bet Where there are eight (8) or more runners in a race, the place dividend shall be paid on first, second and third places Where there are seven (7), six (6) or five (5) runners in a race, the place dividend shall be paid on first and second places only. In the event of a field reducing in size from 8 or more runners to 5, 6 or 7 runners due to scratchings, NEDS will pay dividends on first, second and third places on all fixed odds place bets struck prior to the field being reduced. Relevant deductions will be applied in accordance with Clause 3.41 below Where there are less than five (5) runners in a race, the Bets shall be Win Only. In the event of a field reducing in size from 5, 6 or 7 runners to less than 5 runners due to scratchings, NEDS will pay dividends on first and second place on all fixed odds bets struck prior to the field being reduced. Relevant deductions will be applied in accordance with Clause 3.41 below.

17 3.1.5 If a Bet is accepted, but afterwards found to have been taken after the result of the race or event was known, or in the opinion of an authorised representative of NEDS could have been anticipated (e.g. the runner was several lengths in front with a hundred metres to go), the Bet will be voided and refunded Where a Betting Rule makes a reference to dividend payable by a particular TAB, and for any reason, that race is not covered by that TAB, the dividend for that race will be the best dividend declared by any other State TAB Fixed Price/Starting Price For the purpose of these Betting Rules: Fixed Price odds are the unique odds determined by NEDS for the nominated event. Bets placed at the Fixed Price are paid at the odds quoted by NEDS at the time that the Bet is placed. Starting Price or SP for Australian Horse Racing means the final Fixed Price odds provided by the Australian Pricing Network, or in the case where there is no price provided by the Australian Pricing network, the NEDS final price Starting Price or SP for all other Racing events are the final Fixed Price odds as provided at the close of betting on the nominated event. 3.2 Win, Place, and Each-way - Betting Rules Prior to the final field being declared, Bets are accepted on an 'All-In' basis. (i.e. no refunds for nonrunners and no Deductions from any runner) Bets struck after the final field is declared are subject to refunds on scratched horses, and Deductions may apply on remaining runners. The value of the Deduction is determined by the price of the scratched horse as determined by the Schedule of Deductions in Clause Best Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Best Tote Win market, guarantees a dividend equal to the highest official win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, whichever is the highest; and Best Tote Place market, guarantees a dividend equal to the highest official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, whichever is the highest. 3.4 Middle Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Middle Tote Win market, guarantees a dividend equal to the second highest official win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator; and

18 Middle Tote Place market, guarantees a dividend equal to the second highest official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator. 3.5 Best of Two Totes Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Best of Two Totes Win market, guarantees a dividend equal to the highest official win dividend paid by the higher of the Victorian S-TAB totalisator and the New South Wales TAB totalisator; and Best of Two Totes Place market, guarantees a dividend equal to the highest official place dividend paid by the higher of the Victorian S-TAB totalisator and the New South Wales TAB totalisator. 3.6 Best Tote + 5% Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Best Tote + 5% Win market, guarantees a dividend equal to the highest official win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, plus a 5% bonus on the win portion of the Bet; Best Tote + 5% Place market, guarantees a dividend equal to the highest official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, plus a 5% bonus on the place portion of the Bet. 3.7 Starting Price + 5% Subject to these Betting Rules, a price quoted by NEDS on the: Starting Price + 5% Win market, guarantees a dividend equal to the win Starting Price, plus a 5% bonus on the win portion of Bet; Starting Price + 5% Place market, guarantees a dividend equal to the place Starting Price, plus a 5% bonus on the place portion of Bet. 3.8 Best of the Best Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Best of the Best Win market, guarantees a dividend equal to the higher of the Top Fluc (as per Clause 3.9) and the best official win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, whichever is the highest; and Best of the Best Place market, guarantees a dividend equal to the higher of the Top Fluc (as per Clause 3.9) and the best official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator, whichever is the highest. 3.9 Top Fluctuation Subject to these Betting Rules, a price quoted by NEDS on the:

19 Top Fluc Win market, guarantees a payout equal to the top fluctuation for the win, as stated by the relevant official on course bookmaker s betting fluctuations; and Top Fluc Place market, guarantees a payout equal to the top fluctuation for the place, as stated by the relevant official on course bookmaker s betting fluctuations Top Fluc Bets (if available) can be placed up to 30 minutes prior to the advertised start time for the race. NEDS reserves the right to cancel Bets placed after this cut-off time Best Tote or SP Dividend Subject to these Betting Rules, a price quoted by NEDS on the: Best Tote or SP Win market, guarantees a dividend equal to the higher of the Starting Price (as defined in Clause 3.1.7) for the win, and the highest official win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator; and Best Tote or SP Place market, guarantees a dividend equal to the higher of the Starting Price (as defined in Clause 3.1.7) for the place, and the highest official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator Middle Tote or SP Dividend Subject to these Betting Rules, a price quoted by NEDS on the: "Middle Tote or SP Win" market, guarantees a dividend to be equal to the higher of the Starting Price, and second highest official Win dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator; and "Middle Tote or SP Place" market, guarantees a dividend to be equal to the higher of the Starting Price, and the second highest official place dividend paid by the New South Wales TAB totalisator, the Victorian S-TAB totalisator or the Queensland UBET totalisator New South Wales Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: NSW TAB Win market, guarantees a dividend equal to the dividend paid for the win, by the New South Wales TAB totalisator; and NSW TAB Place market, guarantees a dividend equal to the dividend paid for the place, by the New South Wales TAB totalisator Victorian Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: VIC TAB Win market, guarantees a dividend equal to the dividend paid for the win, by the Victorian S-TAB totalisator; and VIC Tab Place market, guarantees a dividend equal to the dividend paid for the place, by the Victorian S-TAB totalisator.

20 3.14 Queensland Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: QLD TAB Win market, guarantees a dividend equal to the dividend paid for the win, by the Queensland UBET totalisator; and Queensland TAB Place market, guarantees a dividend equal to the dividend paid for the place, by the Queensland UBET totalisator Hong Kong Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: "Hong Kong Tote Win" market, guarantees a dividend equal to the dividend paid for the win, by the largest totalisator operator in Hong Kong; and "Hong Kong Tote Place" market, guarantees a dividend equal to the dividend paid for the place, by the largest totalisator operator in Hong Kong Singapore Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: "Singapore Tote Win" market, guarantees a dividend equal to the dividend that would be paid for the win, by the largest totalisator operator in Hong Kong; and "Singapore Place" market, guarantees a dividend equal to the place dividend that would be paid for the place, by the largest totalisator operator in Hong Kong Home Tote Dividend Subject to these Betting Rules, a price quoted by NEDS on the: "Home Tote Win" market, guarantees a dividend equal to the dividend that would be paid for the win, by the official totalisator operator in the host country (or State) where the race is being run; and "Home Place" market, guarantees a dividend equal to the dividend that would be paid for the place, by the official totalisator operator in the host country (or State) where the race is being run Jockey Challenge Points are awarded to the first, second, and third placed jockeys in each race. First equals 3 points, second equals 2 points, third equals 1 point In the case of two or more jockeys finishing the day on the same amount of points the Dead Heat Rule applies. This is regardless of the amount of outright winners ridden by either of these jockeys If any individual jockey in the market does not complete at least one (1) ride for the meeting all Bets on the Jockey Challenge for that meeting will be cancelled and monies refunded. The option "any other individual jockey" covers any jockey whose odds are not listed in the market.

21 If the meeting is postponed or abandoned at any stage, all Bets on the Jockey Challenge for that meeting will be cancelled and monies refunded unless the race or event has reached a stage where it is certain what the result will be Trainer Challenge Points are awarded to the first, second, and third placed runners associated trainers in each race. First equals 3 points, second equals 2 points, third equals 1 point In the case of two or more trainers finishing the day on the same amount of points the Dead Heat Rule applies. This is regardless of the amount of outright winners trained by any of the Trainers If the meeting is postponed or abandoned at any stage, all Bets on the Trainer Challenge for that meeting will be cancelled and monies refunded unless the race or event has reached a stage where it is certain what the result will be Exotics Betting rules An Exotic Bet is defined as: a) A Quinella; b) An Exacta; c) Trifecta; d) First Four e) Daily Double f) Running Double g) Quadrella For all Exotic Bets, NEDS pays the dividend and winning combinations as declared by the selected TAB For Tote + x %" Exotic Bets a) x is equal to the stated value per race as found on the Betting Platform, for example, x = 5%, tote + 5 %. b) Where "DIV" represents a dividend to be equal to the dividend paid by the selected TAB as found on the Betting Platform, "Tote + x%" is calculated using the following formula: (((DIV -1) x x )+1) For Best Tote Exotic Bets a) NEDS guarantees a dividend equal to the highest official win dividend payable by the three TABs. In the case of a totalizator offering different requirements (Leg Winners or Placing's), NEDS will guarantee a dividend equal to the highest official dividend paid by the two TAB s with the same requirements (Leg Winners or Placings).