What Is A Dead Heat In Racing And How Are Bets Paid Out?

A dead heat refers to an outcome where two or more competitors are tied for the same position. In this instance, your bet is settled under the dead heat rules for that event.

In the event of a dead heat, wagers will be paid at the face value of the ticket (total payout figure including the initial stake) divided by the number of competitors drawing for that placing.

Payout on dead heat selection will not be less than the customer’s stake (excluding Cashed Out bets).

Example Below: 

You place a $10 Win Bet on a horse paying $4 odds and the race ends in a dead heat. 

How is the dead heat bet paid out?

$10 (stake) x $4 (odds) / 2 (number of runners tied) = $20 payout. 

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