BETTING RULES. 1.1 Definitions. Client or Customer means a person who is 18 years or older who has opened an Account.

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1 BETTING RULES 1.1 Definitions Client or Customer means a person who is 18 years or older who has opened an Account. Account means a betting account opened by the Client with Luxbet for the purposes of wagering on sporting, racing and entertainment events approved by the NT Racing Commission. Betting Rules means these rules in their entirety. Client Account Balance is the difference between the unsettled wagers made by the Client and the sum of any Client Deposits and unsettled winnings payable by Luxbet for all settlement periods. Credit Betting Facility means the maximum permissible debit balance offered by Luxbet to selected and approved Clients. Luxbet or Luxbet.com is a reference to Luxbet Pty Ltd ACN , a company registered in Australia under the Corporations Act Luxbet is licensed by the Northern Territory Government to conduct wagering by telephone and internet on various sporting, racing and entertainment events approved by the NT Racing Commission in Australia and around the world. 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. 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 shown are for a $1 investment All tote-based dividends displayed by Luxbet are approximate only Luxbet will accept bets by use of a system approved by the NT Racing Commission The Luxbet products and wager types are intended for Clients only. Clients must act at all times in accordance with these Betting Rules, the remainder of the Terms and Conditions, and the Luxbet Responsible Gambling Code of Conduct, all of which are available on the Luxbet website, Incorrect Betting Information Notwithstanding anything contained elsewhere in these Betting Rules, if Luxbet publishes, posts or quotes any incorrect betting information for any sporting event, such as posting wrong dividends or lines, then regardless of the cause or source of such error;

2 (a) Error identified prior to the commencement of the event: If the error is identified prior to the commencement of the event and notified by Luxbet to the most recent telephone or facsimile contact number or address supplied by a Client, whose wager on that event has been accepted or confirmed by Luxbet, such wagers will be void. If the wager is part of a multiple bet, the wager will then be re-calculated excluding the event to which the error relates. (b) 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 wager on the event shall stand. The only exception to this is where Luxbet can demonstrate that the error was manifest or obvious, or that the Client otherwise should reasonably have been aware of the error when the wager was placed, in which case Luxbet reserves the right to void such wagers. 1.3 Client Responsibility A Client is deemed to have accepted these Betting Rules and the remainder of the Terms and Conditions by opening an Account or by placing a wager with Luxbet via the telephone or via the Luxbet website 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 Luxbet Reserved Rights Save to the extent permitted by law (and only to such an extent), Luxbet excludes all warranties (express or implied) relating to its business in its entirety and shall not have any liability for direct, indirect or consequential loss, damage, expense or injury suffered by any Client Subject to Rule 1.2.6(a), Luxbet's liability in respect of any claim or loss shall be limited to the amount of the wager placed by a Client Luxbet reserves the right to void any or all wagers made by any individual or group of people acting together in an attempt to defraud Luxbet Luxbet reserves the right to accept or reject wagers through its internet and telephone betting facilities. 1.5 How to make a bet Subject to restrictions in these Betting Rules, a Client may place a bet with Luxbet by telephone or internet in accordance with the Terms and Conditions. 1.6 Client Identification and Verification Requirements The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 ( the AML / CTF Act ), requires Luxbet to verify the identity of Clients when they open an

3 Account with us Clients must comply with the Anti-Money Laundering and Counter-Terrorism Financing identification and verification of Clients section of the Terms and Conditions Under the terms of the AML / CTF Act and our Northern Territory License, Luxbet must be reasonably satisfied that all Clients are over the age of In accordance with the Anti-Money Laundering and Counter-Terrorism Financing identification and verification of Clients section of the Terms and Conditions, Accounts will be frozen if a Client's identification and verification documents are not received by Luxbet within ninety (90) days of the Client placing their first bet or funding their Account In accordance with the Anti-Money Laundering and Counter-Terrorism Financing identification and verification of Clients section of the Terms and Conditions Accounts will be blocked for withdrawals by Clients until satisfactory proof of age and identity has been provided to us. 1.7 Minors Luxbet does not permit persons under the age of 18 years to hold an account. If Clients are using a computer to place bets and this computer is accessible by persons aged under the age of 18, Luxbet strongly encourages its Clients to install a child protection software package (eg. Cyber Patrol, Net Nanny) Luxbet will refuse wagers or part of a wager if: (a) a Client is identified by Luxbet as being less than 18 years of age; or (b) a Client is identified as betting on behalf of a person who is less than 18 years of age. 1.8 Accounts Each Client must open an Account before wagers are accepted A Client may only have one Account with Luxbet, unless otherwise agreed with an authorised representative of Luxbet. If Luxbet identifies that a Client has more than one Account, then the account balances of all associated Accounts may be transferred into the first opened Account and if, after the transfers; (a) the first opened Account has a debit balance, then Luxbet shall be entitled to receive payment from the Client for the debit balance immediately or, (b) there is a credit balance in the original Account, the credit balance will be held by Luxbet until such time as a determination has been made by Luxbet as to whether or not there has been a breach of these Betting Rules Clients are responsible for ensuring that their records, including their address,

4 telephone number and where applicable, their payment / bank details are kept up to date In the event that a Client has not kept their Account records up to date, and Luxbet identifies this, Luxbet reserves the right to suspend the Client s account until such time as the Client does provide Luxbet with updated details Clients should check their account balance each time they log into their Account or at the time they place their wager via the telephone. In the event of a Client identified discrepancy, it is the Client's responsibility to notify Luxbet at the earliest opportunity It is the Client's responsibility to ensure that they keep their user name and security details, such as their user name and password confidential. Clients will be responsible for all wagers in which their user name and security details are used for any activity on their Account Where a Client establishes an Account with Luxbet, it is only the Client in whose name the Account has been established who is entitled to bet via that Account using their user name and security details. Where the Client wishes to authorise another person ( Additional Authorised Party or AAP ) to use and bet with their Account, the Client must provide written authority to Luxbet before the Client authorises this and provide Luxbet with specific details of the Additional Authorised Party, including their full name, street address, address, at least one telephone number and date of birth Within 90 days of notifying Luxbet of the Additional Authorised Party, the Additional Authorised Party must provide Luxbet with copies of at least one photographic Primary ID and one piece of Secondary ID that confirms the information on the Primary ID. If this information is not received within 90 days, the AAP will be automatically removed from the Client s Account without notice to the Client or the AAP Where written authority is received from the Client for an Additional Authorised Party, all wagers stand and Luxbet takes no responsibility for any loss suffered by the Client. Luxbet reserves the right to close any Accounts where we identify any risk to our business In the event of any loss of connection between the Client and Luxbet during the placement of the bet and no betting reference number has been issued, it is the Client s responsibility to contact Luxbet to re-confirm the bet. Luxbet accepts no responsibility for any bets where a betting reference number has not been issued. 1.9 Deposits and withdrawals Clients can make deposits into their Account via their credit card Clients must provide Luxbet with a photocopy of the front and back of their credit card within 90 days of their first credit card deposit and before any withdrawals can take place If Clients wish to withdraw funds deposited into their bank account via their credit card, they must provide Luxbet with a photocopy of the front and back of your credit card before the funds can be released to them.

5 1.9.4 Deposits made by credit card cannot be withdrawn and must be turned over (bet through) Withdrawals are handled in accordance with our Withdrawal process. There may be delays of up to 48 hours whilst we confirm that the Client has complied with clause and Any wagers made will be applied to the credit card deposit first Clients may only withdraw from their Account via payment to a credit card, cheque or bank transfer to a nominated bank account, which must be in the same name as the Account Luxbet.com reserves the right to set individual customer credit card deposit limits at our discretion If a credit card is used to deposit or withdraw funds from a Luxbet.com Account, the same credit card cannot be used to deposit or withdraw from any other Luxbet.com Account and that Account deposit or withdrawal will be rejected by the Luxbet.com system. Luxbet.com accepts no responsibility for lost wagers as a result of customer s inability to place a wager where the system has identified that the credit card is invalid as it has been used to fund another Luxbet.com Account Withdrawals may be delayed whilst we ensure that Clients have been appropriately identified in accordance with our ID processes Luxbet reserves the right to check deposit and betting activity prior to processing a withdrawal which may further delay a request for a withdrawal Acceptance of wagers Luxbet will not accept any wager via the telephone made in relation to Harness or Greyhound races where the wager is less than AUD$ Luxbet shall not accept any wager via the telephone made in relation to thoroughbred races where the wager is less than AUD$ Luxbet shall not accept a wager via the telephone in relation to an approved sporting event where the wager is less than AUD$ The minimum wager via the internet is AUD$ When placing a wager via the internet, it is considered accepted by Luxbet when the Client submits the wager and a betting reference number is issued through the Luxbet website Any wager made by telephone or internet where the user name and security details have been used will be regarded by Luxbet as valid and may not be changed, cancelled or modified unless so agreed by an authorised representative of Luxbet In the event of complete system failure where Luxbet.com cannot immediately record bets in its systems, Luxbet.com 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 Luxbet.com system when the system failure has been rectified and the system is fully operational.

6 During system failure, bets recorded manually and later entered into the Luxbet.com system when the failure is rectified are struck when accepted by telephone and not when entered into the system. Luxbet.com will not accept any claims related to the manual entering of bets as a result of a complete failure of its systems Client Account Balances The Client Account Balance is the difference between the unsettled wagers made by the Client and the sum of any Client deposits and unsettled winnings payable by Luxbet for all settlement periods A Client s Account Balance can be either a debit balance, credit balance or nil balance If the unsettled wagers exceed the sum of Client deposits and unsettled winnings, then there is a debit balance. If the sum of Client deposits and unsettled winnings exceed the unsettled wagers, then there is a credit balance If as a result of Luxbet relying on any authority to make payments to Clients or any other Luxbet error a Client s Account Balance is incorrectly credited with funds ( incorrectly credited funds ) it is the responsibility of the Client to notify Luxbet as soon as they become aware of the incorrectly credited funds Where incorrectly credited funds have been deposited into the Client s Account, Luxbet is entitled to adjust the Client s Account balance where the Account Balance is a credit balance Where incorrectly credited funds have been deposited into the Client s account, Luxbet is entitled to issue the Client with an invoice demanding payment of the incorrectly credited funds where the Account Balance is a debit balance. The invoice is evidence that the amount is due and payable If the Client wagers with the incorrectly credited funds, the Client remains solely responsible for the return to Luxbet of those incorrectly credited funds Luxbet reserves the right to freeze the Client s Account until incorrectly credited funds are returned or settled with Luxbet Luxbet reserves all rights in relation to incorrectly credited funds, including the right to disclose the Client s details to appropriate Credit Collection and Credit Reporting Agencies Client Credit Betting Facility Luxbet can grant Clients a Credit Facility subject to the Credit Betting Terms and Conditions Clients must make an application to Luxbet for a Credit Facility and Luxbet will consider that application and notify the Client if the application is approved Where a Client has been granted a Credit Facility the Client may be refused wagers by Luxbet if their Client Account Balance at any time exceeds their Credit Facility or if the effect of any wager would cause the Credit Facility to be exceeded.

7 If Luxbet, in its discretion, allows a Client to make a wager even though the Credit Facility may be exceeded, the Client will settle the revised Client Account Balance when next notified by Luxbet For the avoidance of doubt, it is the Client's responsibility to monitor the balance of their Account and if, for any reason, a Client Account Balance exceeds its Credit Facility, it is the Client's responsibility to ensure that all amounts of the debit balance are settled in accordance with the Credit Betting Terms and Conditions Where a Client has not been granted a Credit Facility the Client may be refused wagers by Luxbet if their Client Account Balance at any time is in debit or if the effect of any wager would cause the Account to go into debit Settlement Clients are required to settle their Client Account Balances Winnings will be credited to a Client s Account following confirmation of the final result In relation to Clients that have been granted a Credit Facility the settlement period shall, unless otherwise agreed, be as set out in the Credit Betting Terms and Conditions In relation to Accounts without a Credit Facility, the Client may request any portion of the credit balance be paid to it by making a winnings claim Any winnings claims, inclusive of bonuses granted by Luxbet, are subject to any terms and conditions specific to the particular bonus offer In relation to Accounts that have been granted a Credit Facility the Client Account Balance is payable by the Client in the case of a debit balance and is payable Luxbet during the Settlement Period set out in the Credit Betting Terms and Conditions Wagers Luxbet reserves the right to refuse any wager, whether in whole or part thereof All wagers are considered to be placed and received in the Northern Territory in the Commonwealth of Australia Luxbet does not warrant or imply that participation in wagers 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: (a) Applying to Luxbet for an Account; (b) Remitting funds by credit card or other permitted means to an Account; (c) Placement of wagers with Luxbet; and (d) Receiving payments from Luxbet.

8 Generally, wagers are accepted up to the advertised start time of the event. If Luxbet changes the time up to which wagers can be accepted for any event, Luxbet will notify Clients via the Luxbet website. It is the Client s responsibility to inform themselves of the time periods up to which wagers can be accepted If a wager is inadvertently accepted in respect of an event after it starts, the wager may be deemed to have been made invalidly and will be refunded to the Client Clients are unable to cancel or change a wager once the wager has been placed and the acceptance confirmed All wager prices/lines are subject to variation and with the exception of tote related or top fluctuation wagers will become fixed at the time the wager is accepted Each-way wagers placed on the internet must be the same stake for the win and place portion Where the collect on any race (thoroughbred, harness or greyhound) is greater than $10,000 Luxbet reserves the right to delay payment whilst the circumstances that led to the horse or greyhound being declared the winner are investigated Where the collect on any winner in any race is greater than $10,000, and it is established that the winner was the subject of artificial manipulation of totalizator odds, Luxbet reserves the right to cap payment of winnings at $10,000. Luxbet will refund the remainder of the customer's original bet Privacy Luxbet operates in accordance with the Luxbet Privacy Policy, which forms part of the Terms and Conditions. The Privacy Policy is available at Luxbet will make a recording of all telephone conversations with Clients, including any conversations related to the placement of bets, disputes and account queries Luxbet will make records of all internet 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 internet 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

9 administration of thoroughbred horse racing, harness racing and greyhound racing throughout Australia. Where a Client has opened an Account, Luxbet reserves the right to provide Australian governing sporting bodies which make a request with: (a) records or documents in the possession or control of Luxbet (excluding bank account details, credit card details and government identifiers) relating to betting transactions of the Client; and (b) the names, contact details and similar identifying information in the possession or control of Luxbet relating to Clients who have entered into betting transaction(s) 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 Luxbet providing the above information to any Australian governing sporting body Immediate Closure of Account Luxbet reserves the right to close an Account and refund the balance of that Account without giving a reason. In this event, outstanding wagers will be honoured unless an authorised representative of Luxbet decides otherwise Dispute Resolution If any dispute cannot be settled satisfactorily between Luxbet 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 Luxbet will not adjust any wagers until a decision has been made by an authorised representative of the NT Racing Commission. 2 LUXBET GENERAL BETTING RULES 2.1 Betting Results 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 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 wagers, if any leg/legs are void, the multiple wager will be recalculated excluding the voided leg/legs. 2.2 Transfers, Abandonments, withdrawals

10 2.2.1 Subject to specific Betting Rules: 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 Luxbet Betting Rules for specific bet types If a race is postponed then all wagers placed after the final field has been declared for that race are cancelled and monies refunded, subject to Luxbet Betting Rules for specific bet types. All wagers placed before final field stage will stand In the event of a horse being withdrawn late by order of the Stewards, all wagers will be paid as directed by the officiating Stewards from that meeting direct including deductions on remaining runners. 3 LUXBET RACING SPECIFIC BETTING RULES 3.1 General If no bet type is specified the default bet type will be a win 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 Where there are less than five (5) runners in a race, the wagers shall be "Win Only" If a wager 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 Luxbet could have been anticipated (e.g. the runner was several lengths in front with a hundred metres to go), the wager will be voided and refunded Where a Rule makes a reference to the Victorian TAB, in the case that the Event is not covered by the Victorian TAB, the dividend will be the best dividend declared by any Australian TAB The maximum number of legs for a multi bet are: Sport = 20 Final Field Thoroughbred, Harness & Greyhounds = 5 All-in/Feature racing = Win, Place, and Each-way Betting Rules: Prior to the final field being declared, wagers are accepted on an 'All In' basis. (i.e. no refunds for non-runners and no deductions from any runner) Wagers 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

11 deduction is determined by the price of the scratched horse as determined by the principal club. 3.3 "LuxBest (Best Tote)" Betting Rules Subject to the following rules, "Best Win Tote" guarantees a dividend to be equal to the highest official Win dividend that would be paid by any totalizator that is governed by Australian State Government regulations ("TAB") "Best Place Tote" guarantees a dividend to be equal to the highest official place dividend that would be paid by any totalizator that is governed by an Australian State Governments regulation ("TAB"). 3.4 "LuxMid (Middle Tote)" Betting Rules Subject to the following rules: "Middle Win Tote" guarantees a dividend to be equal to the second highest official Win dividend that would be paid by any totalizator that is governed by Australian State Government regulations ("TAB") "Middle Place Tote" guarantees a dividend to be equal to the second highest official place dividend paid by any totalizator that is governed by an Australian State Governments regulations ("TAB"). 3.5 "Tote + x %" Betting Rules x is equal to the stated value per race as found on the Luxbet website, for example, x = 5, tote + 5 % Where "DIV" represents a dividend to be equal to the dividend paid by the Home TAB, "Tote + x%" is calculated using the following formula: (((DIV -1) x x )+1). 3.6 Top Fluc Betting Rules Top Fluc refers to Top Fluctuation, Best Fluc and Best Fluctuation. It is available on selected events only. Top Fluc wagers are settled at the top official on course bookmakers fluctuation Top Fluc wagers can be placed up to the running of the previous race, or in the case of the first race of the program, 40 minutes prior to running. Luxbet reserves the right to cancel bets placed after these cut-off times. 3.7 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 wagers 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.

12 3.7.4 If the meeting is postponed or abandoned at any stage, all wagers 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. 3.8 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 wagers 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. 3.9 Exotics betting rules A Luxbet Exotic is defined as: a) A Quinella; b) An Exacta; c) Trifecta; d) First Four e) Daily Double f) Running Double g) Quadrella (Quaddie) All Luxbet Exotics are available for wagering on the Internet only unless agreed otherwise by a Luxbet representative For all Luxbet Exotics, Luxbet 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 Luxbet website, 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 website, "Tote + x%" is calculated using the following formula: (((DIV -1) x x )+1) : For Best Tote Exotic Bets a) Luxbet guarantees a dividend to be equal to the highest official dividend payable by any totalizator that is governed by Australian State Government regulations ("TAB") to receive a winning ticket. In the case of a totalizator offering different requirements (Leg Winners or Placing's), Luxbet will guarantee a dividend equal to the highest official dividend paid by the two TAB s with the same requirements (Leg Winners or Placing's). b) In the event that one of totalizators does not declare a dividend for the relevant Exotic product in the correct order, then Luxbet will pay the same numbers as declared by the meetings local TAB. In addition, should a Luxbet customer successfully nominate the exotic combinations in the correct order then Luxbet will pay the higher of the two remaining totalizators or a dividend

13 equal to the below formula for the totalizator that did not pay a dividend, whichever is the higher: (the total dollar amount of the pool held by the Selected TAB on the Exotic pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event). c) When a Substitute is used, Luxbet will use the Substitute of the Highest Paying TAB and not the normal Selected TAB : For Best Tote + x % Exotic Bets a) x is equal to the stated value per race as found on the Luxbet website, for example, x = 1%, Best Tote + 1 %. b) Where "DIV" represents a dividend to be equal to the highest official dividend paid by any totalizator that is governed by Australian State Government regulations ("TAB") to receive a winning ticket. In the case of a totalizator offering different requirements (Leg Winners or Placing's), "DIV" will represent a dividend to be equal to the highest official dividend paid by the two TAB s with the same requirements (Leg Winners or Placing's). "Best Tote + x%" is calculated using the following formula: (((DIV -1) x x )+1). c) In the event that one of totalizators does not declare a dividend for the relevant Exotic product in the correct order, then Luxbet will pay the same numbers as declared by the meetings local TAB. In addition, should a Luxbet customer successfully nominate the exotic combinations in the correct order then Luxbet will pay the higher of the two remaining totalizators or a dividend equal to the below formula for the totalizator that did not pay a dividend, whichever is the higher, plus the additional percentage as found on the Luxbet website: (the total dollar amount of the pool held by the Selected TAB on the Exotic pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event). d) When a Substitute is used, Luxbet will use the Substitutes as declared by the Highest Paying TAB 3.10 Flexi Rules Flexi bets are available on a Trifecta, First 4, Quaddie or any other exotic as otherwise determined by Luxbet The amount invested on each combination covered by a flexi bet is determined by dividing the total amount of the flexi bet by the number of combinations covered by the flexi bet (with any fractions rounded down to the nearest ten-thousandth of a cent (ie. rounded down to four decimal places)) Quinella Betting Rules A Quinella is when two (2) runners are selected to place first and second in any order In the event of a Dead Heat, there will be as many dividends as there are correct order combinations as declared by the relevant tab per above In the event the nominated state TAB does not declare a dividend on the first two placegetters, then Luxbet will pay the same dividends and numbers as declared by that state TAB.

14 In addition, should a Luxbet customer successfully nominate the first two place getters then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the Quinella pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event ) In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager will be refunded to the customer s account Exacta Betting Rules An Exacta requires that the first two (2) place getters are nominated in correct order In the event of a Dead Heat for first, second or both, there will be as many dividends as there are correct order combinations as declared by relevant tab per above In the event the nominated state TAB does not declare a dividend on the first two placegetters in the correct order, then Luxbet will pay the same dividends and numbers as declared by that state TAB. In addition, should a Luxbet customer successfully nominate the first two place getters in the correct order then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the Exacta pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event) In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager will be refunded to the customer s account Trifecta Betting Rules: A Trifecta requires nominating the first three (3) place getters in correct order In the event of a Dead Heat for any or all of the place getters, there will be as many dividends as there are correct order combinations as declared by the relevant tab per above In the event the nominated state TAB does not declare a dividend on the first three placegetters in the correct order, then Luxbet will pay the same dividends and numbers as declared by that state TAB. In addition, should a Luxbet customer successfully nominate the first three place getters in the correct order then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the Trifecta pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event) In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager will be refunded to the customer s account.

15 3.14 First Four Betting Rules: A First Four requires nominating the first four (4) place getters in correct order In the event of a Dead Heat for any or all of the place getters, there will be as many dividends as there are correct order combinations as declared by the relevant TAB per above In the event the nominated state TAB does not declare a dividend on the first four placegetters in the correct order, then Luxbet will pay the same dividends and numbers as declared by that state TAB. In addition, should a Luxbet customer successfully nominate the first four place getters in the correct order then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the First Four pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event). For the purposes of declaring an additional dividend, a flexi percentage is rounded up to the nearest full unit. The customer will then receive their flexi percentage of the additional dividend In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager will be refunded to the customer s account Daily Double and Running Double Betting Rules: A Daily Double and Running Double requires nominating the winners of two selected races specified by Luxbet In the event of a Dead Heat for any or all of the place getters, there will be as many dividends as there are correct order combinations as declared by the selected TAB on the website In the event the nominated state TAB does not declare a dividend on the winners in the correct order, then Luxbet will pay the same dividends and numbers as declared by that state TAB. In addition, should a Luxbet customer successfully nominate the winners of both races in the correct order then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the Doubles pool for the market less statutory deductions) divided by (the total number of winning units held by Luxbet on the event) In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager bet will be transferred to the substitute favourite as declared by the Selected TAB In the event one of the selected races as specified by Luxbet is abandoned or cancelled for any reason, Luxbet will pay the dividend as declared by the Selected TAB Quadrella (Quaddie) Betting Rules: A Quadrella (Quaddie) requires nominating the winners of four races specified by Luxbet.

16 In the event of a Dead Heat for any or all of the place getters, there will be as many dividends as there are correct order combinations as declared by the selected TAB on the website In the event the nominated state TAB does not declare a dividend on the winners in the correct order, then Luxbet will pay the same dividends and numbers as declared by that state TAB. In addition, should a Luxbet customer successfully nominate the winners of the four races in the correct order then Luxbet will declare an additional dividend equal to: (the total dollar amount of the pool held by the Selected TAB on the Quadrella pool for the event less statutory deductions) divided by (the total number of winning units held by Luxbet on the event) In the event of a scratching or a runner being declared a non-runner after a wager is place, that portion of the wager bet will be transferred to the substitute favourite as declared by the Selected TAB In the event one or more of the four races as specified by Luxbet is abandoned or cancelled for any reason, Luxbet will pay the dividend as declared by the Selected TAB Best of the Best Betting Rules Subject to the following rules: "Best of the Best" win guarantees a dividend to be equal to the highest of the top official on course bookmakers fluctuation and the highest official Win dividend paid by any totalizator that is governed by Australian State Government Regulations ("TAB") "Best of the Best" Place guarantees a dividend to be equal to the highest official place dividend that would be paid by any totalizator that is governed by an Australian State Governments regulation ("TAB") Lux Div Betting Rules Subject to the following rules, "Lux Div Win" guarantees a dividend to be equal to the highest of the official on course bookmakers starting price and the highest official Win dividend that would be paid by any totalizator that is governed by Australian State Government regulations ("TAB") "Lux Div Place" guarantees a dividend to be equal to the highest official place dividend that would be paid by any totalizator that is governed by an Australian State Governments regulation ("TAB") Where no SP (Starting Price) or fixed prices are provided by the Australian Pricing Network (APN) in the period leading up to the start of the race, Luxbet guarantees a dividend to be equal to the highest of the official Win dividend that would be paid by any totalizator that is governed by Australian State Government regulations ("TAB") 3.19 "LuxTote" Betting Rules Subject to the following rules, "LuxTote Win" guarantees a dividend to be equal to the highest official Win dividend that would be paid by the New South Wales or Victorian totalizator that is governed by Australian State Government regulations ("TAB").

17 "LuxTote Place" guarantees a dividend to be equal to the highest official place dividend that would be paid by the New South Wales or Victorian totalizator that is governed by Australian State Government regulations ("TAB") "NSW TAB" Betting Rules Subject to the following rules, "NSW Tab Win" guarantees a dividend to be equal to the dividend that would be paid by the New South Wales totalizator that is governed by Australian State Government regulations ("TAB") "NSW Tab Place" guarantees a dividend to be equal the place dividend that would be paid by the New South Wales totalizator that is governed by Australian State Government regulations ("TAB") "VIC TAB" Betting Rules Subject to the following rules, "VIC Tab Win" guarantees a dividend to be equal to the dividend that would be paid by the Victorian totalizator that is governed by Australian State Government regulations ("TAB") "VIC Tab Place" guarantees a dividend to be equal the place dividend that would be paid by the Victorian totalizator that is governed by Australian State Government regulations ("TAB") "UNI TAB" Betting Rules Subject to the following rules, "UNI Tab Win" guarantees a dividend to be equal to the dividend that would be paid by the Uni Tab totalizator that is governed by Australian State Government regulations ("TAB") "UNI Tab Place" guarantees a dividend to be equal the place dividend that would be paid by the Uni Tab totalizator that is governed by Australian State Government regulations ("TAB") Racing Head to Head Betting Rules Head to Head bets are available on selected events. All selections must start the event or all bets are refunded for that Market. Dead Heat rules apply Correctly select the nominated horse who will have the highest finishing position in the nominated race, as declared by the Stewards Group Betting Rules Group Betting bets are available on selected events. All selections must start the event or all bets are refunded for that Market. Dead Heat rules apply Correctly select the nominated horse who will have the highest finishing position in the nominated race, as declared by the Stewards Runner/s v Field Betting Rules

18 Runner/s v Field bets are available on selected events. The stand out runner or runners must start the event or all bets are refunded for that Market. Dead Heat rules apply The Field represents all runners in the race other then the nominated standout Runner or Runners if multiple Runners are selected Correctly select if the nominated horses will / or will not win the race, in the nominated race, as declared by the Stewards Margin Betting Rules Margin betting is available on selected events and is paid out on the official margin between the First and Second horses as declared by the Stewards Jockey or Trainer Premiership Betting Rules Select the Jockey or Trainer whit the most wins over the Premiership Period (August 1 to July 31) for the relevant region (e.g. Sydney Metropolitan Meetings) All in Rules Apply 3.28 Race Run Time Betting Rules Select the Official Run Time of the nominated event, as declared by the Stewards Favourite Out Betting Select which horse will have the highest position in the race, excluding the favourite, as declared by the Stewards. Dead heat rules apply The nominated favourite must start the race or all bets are refunded Concession Betting Select the horse to win the race, if the selection runs Second (2 nd ) or Third (3 rd ) as declared by the Stewards, all bets on the Nominated Horse will be refunded Refunds and deductions apply The following Dead Heat Rules Apply: a) Dead Heat for first ( Return is equal to half the win portion bet plus all of the stake b) Dead Heat for second (2 nd ) all bets on the Nominated Horses will be refunded c) Dead Heat for third (3 rd ) All bets on the Nominated Horses will be refunded, equal to fifty percent (50%) of the stake Winning Barrier Betting Rules

19 Select the barrier which the winning horse as declared by Stewards started the race from All bets are paid on the official Barrier Draw as list in the race program All-In and Dead Heat Betting rules apply 3.32 Winning Saddle Cloth Odd or Event Select whether the winner of the race will have an Odd or Even Saddle Cloth number All-In and Dead Heat rules apply Box Challenge Points are awarded to the first, second, and third placed boxes in each race. First equals 3 points, second equals 2 points, third equals 1 point In the case of two or more box numbers finishing the day on the same amount of points the Dead Heat Rule applies. This is regardless of the amount of outright winners to come from each box If any individual box in the market does not have at least one (1) starter for the meeting all wagers on the Box Challenge for that meeting will be cancelled and monies refunded If the meeting is postponed or abandoned at any stage, all wagers on the Box 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 Where the reserve dog starts and places first, second or third, points will be awarded to the box they start from International Horse Racing UK, Ireland and South Africa Where Starting Price (SP) is offered on international races it will guarantee the official or industry SP as provided by SIS and/or declared by Racingpost.com When no official SP is provided to Luxbet through the provision of SIS, or the official SP is received after the commencement of the event Starting Price wagers will be paid at STAB+5%. If this race meeting is also not covered by STAB then bets will be void Starting Price Each-Way betting will be offered at the discretion of Luxbet and will be paid as per the below; 1-4 runners: Win only 5-7 runners: Place odds are 1/4 the win odds for 1 st and 2 nd 8+ runners: Place odds are 1/5 the win odds for 1 st, 2 nd and 3 rd

20 Except handicap races where runners pay 1/4 the win odds for 1 st, 2 nd and 3 rd. 16+runner handicaps pay 1/4 the win odds for 1 st, 2 nd, 3 rd and 4 th Maximum Starting Price Dividend is $ Bookies Best + X% x is equal to the stated value per race as found on the Luxbet website, for example, x = 1%, Bookies Best + 1 % Where "DIV" represents a dividend to be equal to the highest of the official on course bookmakers starting price and the highest official Win dividend that would be paid by any totalizator that is governed by Australian State Government regulations ( TAB ), plus y per cent, whichever is higher Div is calculated using the following formula: Maximum of (SP or ((Best Tote -1) x y ) + 1) y is equal to the stated value per race as found on the Luxbet website, for example, y = 5%, Best Tote + 5% "Bookies Best + x%" is calculated using the following formula: (((DIV -1) x x )+1).Example on $5 dividend: ($5-1) x 5% + $5.00 = $ Protest Payout Luxbet settles all racing bets on the interim results. Once a protest is upheld against the first horse past the post Luxbet will payout according to the official results and also credit any customers who backed the original winner with a Protest Payout Protest Payout applies to the first runner past the post in Australian thoroughbred and harness races only. It does not apply to place getters or disqualified runners Protest Payout applies to single win bets and the win portion of each-way bets in the final field market only. Multis, exotics, all-in markets and racing specials are all ineligible for protest payouts Protest Payout applies to bets placed on the following products: Fixed, Luxdiv, Luxtote, Luxmid, Luxbest, Topfluc and BOB Protest Payouts will be credited within 1 hour of correct weight Bonus bets are ineligible for protest payout

21 Max payout is $10,000 per customer, per day 4 SPORTS BETTING SPECIFIC RULES 4.1 General Flat Lines (a) For line (handicap) betting, where the line is specified as a flat number, all bets are declared void and refunded (a push) if the points differential result is equal to the line. (b) For points betting (including Total Points) where the line is specified as a flat number, all bets are declared void and refunded (a push) if the points score is equal to the line. (c) All multiple bets (parlays) affected will be recalculated to exclude the push leg Event or Match Postponed or Rearranged (a) Unless a Sports Specific Betting Rule states otherwise, where an event or match is postponed and rearranged to take place within 2 calendar days of the original scheduled starting time of the event or match, all wagers will stand. (b) If the event or match is rescheduled for a time greater than 2 calendar days after the original scheduled starting time, all wagers will be void and refunded to the Client s account Withdrawal of participant Luxbet applies common rules of sports betting, including All-In Betting. All-In betting provides that unless agreed otherwise, any bet made on a competitor or team in a Sports Betting Event where that competitor or team is scratched, withdrawn, disqualified or balloted out from that Event shall stand and no refund shall be made. 4.2 Australian Rules Football Payouts are based on the official declared result, but conditions may apply to specific betting options (e.g. end of normal time, including extra etc.) Where a match is abandoned or postponed, and played within seven days of the original scheduled date, all wagers stand Once the seven days have expired, all single wagers are void and wagers refunded. Affected multiple wagers will be recalculated excluding that leg When the Draw option is offered, the wager is decided on the result at the end of normal time. (ie extra time not included) For Margin Betting the Draw option is always offered. When the Draw option is not offered, The Dead Heat Rule applies For match winners, player disposals, match ups, and most goals markets, all players must be in the starting line up for wagers to stand unless otherwise specified.