Rules

Racing Rules

Applies to horse racing, greyhound racing, and virtual racing on rake.com · Last updated: 1 January 2026

Horse Racing

Win bets: settled on the official finishing position declared by the relevant racing authority.
Each Way bets: Win part settled at full odds; Place part settled at 1/4 of odds for races with 8+ runners (1/5 for 5-7 runners, 3 places for 5-7 runners, 4 places for 8-15 runners, 5 places for 16+ runners).
Non-runners: if a declared runner does not start, win bets are void. Each Way place terms are recalculated.
Dead heats: odds are divided by the number of horses involved in the dead heat.
If a race is abandoned before the off, all bets are void.
Rule 4 Deductions: applied when a non-runner is declared after betting opens. Deductions are per standard Tattersalls Rules.

All bets are settled on the official trap draw and finishing order.
Reserves: if a reserve dog runs and the original dog is withdrawn, bets are void.
Abandoned races: all bets are void if a race is abandoned before the traps open.
Short races (less than 4 runners): bets may be voided at Rake's discretion.

Virtual racing results are determined by a certified Random Number Generator (RNG).
RNG outcomes are audited by an independent third party.
All virtual races are settled immediately after the result is declared.
Virtual racing bets have no relation to real-world racing events.

Objections and inquiries: bets are settled on the result standing after any official inquiry.
Photo finishes: bets are settled on the official result after the photo has been examined.
Disqualifications: if a horse/dog is disqualified after initial placement, bets are resettled on the revised result.
Contact racing@rake.com for settlement queries within 72 hours of the event.