Current through Register Vol. 48, No. 38, September 20, 2024
a) A
written request for permission to distribute the PPT carryover pool on specific
performances may be submitted to the State Director of Mutuels. The request
shall contain justification of the distribution, an explanation of the benefit
to be derived, and the intended date and performance for the
distribution.
b) The PPT carryover
shall be designated for distribution on a specified date and performance only
under the following circumstances:
1) Upon
written approval from the State Director of Mutuels as provided for in
subsection (a).
2) Upon written
approval from the State Director of Mutuels when there is a change in the
carryover cap or when the PPT is discontinued.
3) On the closing performance of the meet,
split meet or successive or intervening race meeting at the same race track of
the same horse breed.
c)
In the event the PPT carryover pool is designated for distribution on a
specific date and performance in which there are no wagers selecting the exact
winning PPT combination, the entire pool shall be distributed based on the
official order of finish:
1) As a single
price pool to those whose combination correctly selected the winning betting
interests, in exact order, of the first two PPT contests and the first two
finishers, in exact order, of the third PPT contest; but if there are no such
wagers, then
2) As a single price
pool to those whose combination correctly selected the winning betting
interests, in exact order, of the first two PPT contests and the first place
finisher of the third PPT contest; but if there are no such wagers,
then
3) As a single price pool to
those whose combination correctly selected the winning betting interests, in
exact order, of the first two PPT contests; but if there are no such wagers,
then
4) As a single price pool to
those whose combination correctly selected the winning betting interests, in
exact order, of the first PPT contest and the first place finisher of the
second PPT contest; but if there are no such wagers, then
5) As a single price pool to those whose
combination correctly selected the winning betting interests, in exact order,
of the first PPT contest; but if there are no such wagers, then
6) As a single price pool to those whose
combination correctly selected the first place finisher in the first PPT
contest; but if there are no such wagers, then
7) As a single price pool to holders of valid
PPT wagers.
d) If, for
any reason, the PPT carryover must be held over to the corresponding PPT of a
subsequent meet, the carryover shall be deposited in an interest-bearing
account approved by the State Director of Mutuels. The PPT carryover, plus
accrued interest, shall then be added to the net PPT pool of the following meet
or second portion of a split meet on a date and performance designated by the
State Director of Mutuels.
