"Macau Overseas Horse Racing" Special Betting Rules

Article 1
Definitions:

For the applicability of the rules the following terms shall have the meanings as:

(1) Macau Overseas Horse Racing – Means the approved exclusive system operating company to simulcast and broadcast, and to set up individual betting pools to conduct betting on horse races held in the non-local territory.

(2) Starters – Means the horses declared pursuant to the Rules of Racing to start in a race, with exclusion of the horses in the standby list.

(3) Normal Race – Means a Macau Overseas Horse Race with no more than 14 Declared Starters.

(4) Special Race – Means a Macau Overseas Horse Race that exceeds 14 but no more than 20 Declared Starters.

(5) "Bracketed Starter" – In a Special Race, the horse numbers 1 and 15, 2 and 16, 3 and 17, 4 and 18, 5 and 19, 6 and 20 allocated by the exclusive system operating company according to the following table as "Bracketed Starters" to form the Bracketed Starter Numbers representing the original horse numbers of the Declared Starters.

Article 2
Where Applicable:

1) The rules set the legitimacy for the accepting of betting on the Macau Overseas Horse Racing.

2) The accepting of betting on the Macau Overseas Horse Racing applies only to the following races:

(a) In a Normal Race, when there are no more than 14 starters.

(b) In a Special Race, when there are more than 14 starters and the horses numbered 15 to 20, along with their corresponding horses allocated in accordance with Article 1 (5) to form the "Bracketed Starters".

Article 3
Pool and Dividend Calculation of a Special Race:

The dividend of a Special Race is payable proportionally to the backer with the selected "Winning Combinations" of the "Bracketed Starters". The bets on the two Starters in the same Bracket will be grouped together to form a Bracketing Pool for the corresponding "Bracketed Starters". Dividends will be divided into equal parts from the Bracketing Pool and will be declared when any one of the "Winning Combinations" is selected.

Article 4
Results of a Special Race:

Results and Dividends of a Special Race are set in accordance with the followings:

(1) Only the Starter with better placing among the two Bracketed Starters in the same Bracket will be counted and the result of the other Starter will be discarded. The discarded result and all the remaining results will be replaced by the positions of the horses that follow in subsequent order.

(2) When one or both Bracketed Starters in the same Bracket run a dead-heat with another Starter, or the two Bracketed Starters in the same Bracket run a dead-heat, the following rule applies:

a) When one Bracketed Starter in a Bracket runs a dead-heat with another Starter, it will be treated as a normal dead-heat in accordance with the "Rules of Racing".

b) When both Bracketed Starters in the same Bracket run dead-heats with other Starters, then only the Starter with better placing among the two Bracketed Starters in the same Bracket will be counted and the result of the other Starter will be discarded. The discarded result will be replaced by the position of the horse that runs the dead-heat.

c) When the two Bracketed Starters in the same Bracket run a dead-heat, then the dead-heat will be discarded and its result will only be counted once.

Article 5
Withdrawal of a Bracketed Starter:

(1) In a Normal Race, when one or more Declared Starters are withdrawn, the withdrawals will be substituted by other numbered standby horses, the bets placed on the withdrawn horses shall continue valid.

(2) In a Special Race, when one of the Bracketed Starters in the same Bracket is withdrawn, all the bets included in the relevant Bracketed Starter Number shall continue valid.

(3) In a Special Race, when both of the Bracketed Starters in the same Bracket are withdrawn, then the withdrawal of the "Bracketed Starters" will be treated in accordance with the "Rules of Racing".

Article 6
Obligations of the Exclusive System Operating Company:

The exclusive system operating company shall take appropriate actions notifying the public and as well the Macau Gaming Authority in advance the relevant information concerning Overseas Races.

Article 7
Supplementary That May Apply:

If any circumstance arises which is not or which is alleged not to be provided for by these Rules or which is caused by execution the same shall be referred and bounded to the 163/90/M, the 12/98/M, 22/2000 and 47/2001 (Horse Racing and Betting Regulations, modified and supplemented) issued by the Macau S.A.R.Government on the 27th day of August and the 9th day of February respectively.

Note: The accuracy of the "Macau Overseas Horse Racing" Special Betting Rules above is pursuant to its version in Chinese.