Dead Heat rules will apply to the place part of a bet where, as a result of a dead heat, more selections have placed than are being paid out for that race.
For example: a £20 each-way bet on a horse at 16/1 in a race that is paying 1/4 of the odds for the first three places, would return a total of £100 if the horse had finished 3rd.
If the same bet is placed, and your selection finished joint third in a dead heat with another horse, your bet would then be calculated as follows: £20 ÷ 2 = £10 x (1/4 of 16/1) = £10 x 4/1 = £50
The above calculation can be broken down further:
The win part of the bet is lost as the horse came in joint 3rd.
The £20 place part of the bet is being reduced to £10 due to dead heat rules, as two horses tied for 3rd place.
In this example, each-way place terms would pay out a quarter of the odds for a placed selection, reducing the odds from 16/1 to 4/1.
This would mean that under these circumstances, the calculation would become £10 x 4/1 = £50 total returns.