What is it? 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. Wagers will then be paid at face value of the ticket (total payout figure including the initial stake) divided by the number of competitors dead heating for the placing.
Example 1) You have wagered $10 on Hawthorn to beat Sydney at odds of $3.00. The game finishes as a 85-85 draw. Your full returns would have been $30.00 on a successful win. As these 2 tied, these odds are divided by the amount of tied runners, so 2 (30 / 2 ) equalling $15.00 in final returns.
In the event for which Each Way betting is available, place ties will be paid on the Place portion of the face value of the ticket. The place portion of the payout is multiplied by the remaining number of places available and divided by the number of competitors tying for those available number of placings.
In the event place only betting is offered wagers will be paid at the face value of the ticket divided by the number of competitors tying for the number of placings.
Example 2) You have bet on the Outright US Masters event, and you have had $5 on Rory McIlroy to place in the Top 10 at odds of $4.00. At the end of the event, he finishes a tie for 8th, with 5 others, meaning there are 3 spots left in the top 10. Since there wasn’t enough spots for the top 10 with these extra 2 selections, the dead heat rule will apply. If we apply the above logic, it will work as follows:
$5 x $4.00 = $20 full returns x (3 places divide by 5 other tied runners) = $12.00 final returns.
Where a draw market is offered, unless otherwise stated in the Individual Sports Rules, all win bets on a player or team will be unsuccessful with the draw option being paid as the winner. If we offer the selection, and the result lands on it, that selection will be deemed the winner.
Example 3) Brisbane Roar drew with Sydney FC 2-2. In the Win-Draw-Win market, as we do offer the Draw option there, this bet will settle on the Draw. All other selections on this market will settle as a losing bet.