Bookmakers: Updated Information

Date: 12th March 2024

IMPORTANT UPDATE

Following consultation with stakeholders, and the review of information which addressed the concerns of Stawell Gift Event Management Limited (SGEM) regarding betting at the Powercor Stawell Gift, SGEM is pleased to advise bookmakers will be on-site at Central Park for the 2024 Powercor Stawell Gift. Spectators will be able to place bets related to adults on open age races at the 2024 carnival, however, minors participating in those events will be excluded from all betting markets. 

Rules Regarding Betting on Races which Include Minors

• Spectators will be able to place bets on open age races at the 2024 carnival, however, minors participating in those events will be excluded from all betting markets. 
• In the event of a minor winning or being a place getter in an open-age race, the nearest age eligible athlete will be moved up in the placings to determine the place getters (e.g 1st, 2nd, 3rd) in the bookmakers markets only. The on-field result will still apply for actual event placings, Stawell Gift competition records and prize money for participants.
• Minor athletes in open age race fields will be listed on the bookmakers board but will not have a price next to their name (removing them from the board may infer that the athlete has scratched from the event, when they may not have).
• The bookmakers board will have a clearly visible sign advising why athlete with no price next to them doesn’t have a price and that they’re ineligible to place a bet on due to the their age. All runners with a price listed are age eligible (non-minors) for betting.
• If a minor competes in an open-age race at the Powercor Stawell Gift they can not be the subject of betting, with a Minor being is defined in the act as someone under the age of 18.
• Betting on all under 19 sports competitions is banned across the board and therefore there is no betting on all Little Athletics Victoria Races and U19 category races the Stawell Gift.

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