Dead heat occurs when two or more selections finish exactly equal in a market where only one winner was expected.

The stake is divided equally among the tied selections.

How it works

• Applies mainly to racing and finishing position markets

• Stake is split by the number of tied outcomes

• Partial payout is calculated

Example

• $20 bet on a horse to win

• Two horses finish joint first

• Effective stake becomes $10

Key characteristics

• Reduces total payout

• Common in horse racing and golf

• Applies automatically under bookmaker rules

Important note
Dead heat rules can significantly reduce returns, even on winning selections.