Illinois Administrative Code
Title 11 - ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
Part 301 - WIN, PLACE AND SHOW POOLS
Section 301.40 - Show Pools
Universal Citation: 11 IL Admin Code § 301.40
Current through Register Vol. 48, No. 52, December 27, 2024
a) The amounts wagered to show on the first three betting interests to finish are deducted from the net pool, the balance remaining being the profit; the profit is divided into three equal portions, one being assigned to each winning betting interest and divided by the amount wagered to show on that betting interest, the resulting quotient being the profit per dollar wagered to show on that betting interest. The net show pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
1) If contestants of a coupled entry or
mutuel field finished in the first three places, as a single price pool to
those who selected the coupled entry or mutuel field; otherwise
2) If contestants of a coupled entry or
mutuel field finished as two of the first three finishers, the profit is
divided with two-thirds distributed to those who selected the coupled entry or
mutuel field and one-third distributed to those who selected the other betting
interest included within the first three finishers; otherwise
3) As a profit split to those whose selection
is included within the first three finishers; but if there are no such wagers,
then
4) As a profit split to those
who selected the two covered betting interests included within the first three
finishers; but if there are no such wagers, then
5) As a profit split to those who selected
the one covered betting interest included within the first three finishers; but
if there are no such wagers, then
6) As a single price pool to those who
selected the fourth place finisher; but if there are no such wagers,
then
7) The entire pool shall be
refunded on show wagers for that contest.
b) If there is a dead heat for first involving:
1) two contestants representing the
same betting interest, the profit is divided with two-thirds distributed to
those who selected the first place finisher and one-third distributed to those
who selected the betting interest finishing third.
2) three contestants representing a single
betting interest, the show pool shall be distributed as a single price
pool.
3) contestants representing
two or more betting interests, the show pool shall be distributed as a profit
split.
c) If there is a dead heat for second involving:
1) contestants
representing the same betting interest, the profit is divided with one-third
distributed to those who selected the betting interest finishing first and
two-thirds distributed to those who selected the second place
finishers.
2) contestants
representing two betting interests, the show pool shall be distributed as a
profit split.
3) contestants
representing three betting interests, the show pool is divided with one-third
of the profit distributed to show wagers on the betting interest finishing
first and the remainder is distributed equally among show wagers on those
betting interests involved in the dead heat for second.
d) If there is a dead heat for third involving:
1) contestants representing the
same betting interest, the show pool shall be distributed as if no dead heat
occurred.
2) contestants
representing two or more betting interests, the show pool is divided with
two-thirds of the profit distributed to show wagers on the betting interest
finishing first and second and the remainder is distributed equally amongst
show wagers on those betting interests involved in the dead heat for
third.
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