No third dividend is referring to races where there are only 7 or fewer runners taking part. In these cases, there are not enough runners to pay the third placed runner as a 'place'.
- For races with 8 or more runners, payouts cover First, Second, and Third places.
- For races with fewer than 8 runners, no third dividend is paid on fixed place bets.
- For races with 5-7 runners, only First and Second places are paid, regardless of Tote payouts.
- If a race drops from 8 to 7 or fewer runners, PointsBet will pay three dividends on fixed place bets made before the reduction, subject to deductions declared by the stewards.
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