PRC Rules

Seasons

Spring Season

1.3    Races will include all of the Group 1 & 2 races for the Melbourne and part of the Sydney Spring Carnival.  
1.4    The races will start from the first Group 1 of the Spring in Melbourne (19th of September) and end on the last group 1 race day at the Flemington Carnival.

Autumn Season

1.1    Races will include all of the Group races for the Melbourne and part of the Sydney Autumn Carnival.  
1.2    The races will start from Super Saturday March 8th 2009 and end with the end of the Sydney carnival.

Competitions

Largest Bank

2.1    Over the course of the season, tippers will be supplied with a hypothetical bet on nominated races.
2.2    The level of the ‘wager’ is determined by the class of race. This is located next to the name of the race where you select your horse.
2.3    Each bet is a set figure and cannot be altered. All bets are each way bets therefore you can only collect if your horse comes in 1st, 2nd or 3rd.
2.4    If your horse finished 1st, 2nd or 3rd your bet stake will be multiplied by the Victorian tote odds and added to your bank account (after subtracting the stake).
2.5    After each day of racing the results will be tabled and published on the website.
2.6    The person after the last race in the competition with the most amount of money in their account will be deemed to be the winner.
2.7    It is important to note that as you are given a hypothetical amount each race to bet with this also means that your ‘bank balance’ can go into a negative position.
2.8    If there is a tie, the prizemoney will be split evenly between the winners.

Top Tipper

3.1    A tally of “1st” placegetters will be kept throughout the season.
3.2    The tipper who has selected the most 1st placed individual winners throughout the entire season will be deemed the winner.
3.3    If this is a tie the person with the Largest Bank (see Rule 2) will be declared the winner.
3.4    If this is still a tie, the prizemoney will be split evenly between the winners.

Feature Races

4.1    There will be some nominated ‘’Feature’ races selected from the list of races.
4.2    A separate competition including only these races will be run.
4.3    This will be run the same way as the largest bank competition (for details see rule 2).
4.4    The person after the last race in the competition with the most amount of money in their account will be deemed to be the winner.
4.5    It is important to note that as you are given a hypothetical amount each race to bet with this also means that your ‘bank balance’ can go into a negative position.
4.6    If there is a tie the prizemoney will be split evenly between the winners.

Fields

5.1    All race listings will be taken from the Racing Victoria website.
5.2    While all care is taken to provide the correct information, it will be up to the tipper to ensure the correct runner is selected.
5.3    No scratchings will be provided or updated.

How to make selections

6.1    Users are to log into the website and select 1 horse per race as their selection.
6.2    This selection will apply across all 3 competitions. You cannot select different horses for different competitions.
6.3    Everyone will have the same each way bet per race.
6.4    Group 2 races are $30 each way, Group 1 non feature races are $40 each way and Feature Races are $50 each way.
6.5    Selections can not be changed 1 hour prior to the scheduled running of the race. Please note if a race is delayed the time will NOT be adjust accordingly.
6.6    The system will automatically close at this time and you will no longer be able to make any selections.
6.7    If you do not make a selection in a race, you will be awarded the number 1 saddlecloth number, if this is scratched, No 2 and so on until a runner is selected. The same stake is applied and calculations done accordingly. The amount of winnings applied to a non-selection or scratching will be limited to $200 (after stake withdrawal).
6.8    In the event that a horse is scratched you will be awarded the number 1 saddlecloth number, if this is scratched No 2 and so on until a runner is selected. The same stake is applied and calculations done accordingly. The amount of winnings applied to a non-selection or scratching will be limited to $200 (after stake withdrawal).
6.9    Text messages or phone calls will not be accepted as your tips. If your internet is down it is your responsibility to find someone who can log in and make your tips for you.
6.10    If the PRC site is down you will permitted to send an email with your tips.

Results

7.1    Each bet will cost twice the bet stake for the race.
7.2    All tippers will outlay the same amount.
7.3    The results will be taken from VIC tote odds.  
7.4    If a horse is later disqualified the results will not be adjusted. Calculations will be made once ‘correct weight’ is declared on each raceday.

Money

8.1    You may enter more than once at a cost of $50 per entry (Autumn) and $100 per entry (Spring)
8.2    If you have not paid prior to the first race day you will not be eligible to enter any tips.
8.3    Largest Bank - 50% of “collected” money
              Spring                               Autumn
8.3.1    First place         65%        First Place      70%
8.3.2    Second place    25%       Second Place 30%
8.3.3    Third place        10%        Third place       0%
8.4    Top Tipper - 14% of “collected” money
8.5    Feature Races -14% of “collected” money
8.6    Pay Pal Fee – 3%
8.7   Website Fee – 19% of “collected” money
8.7.1    Website establishment debt repayment - (100% until paid off)
8.7.2    Website Improvements - TBD
8.7.3    Ongoing website subscription – 5%

Other

9.1    New rules may be put in place, or current rules changed at any time if it is deemed to be necessary.
9.2    Any season can be canceled prior to beginning if we deem there not to be sufficient people in the competition.  Your Entry fee will be refunded.