Code of Maryland Regulations
Title 09 - MARYLAND DEPARTMENT OF LABOR
Subtitle 10 - RACING COMMISSION
Chapter 09.10.01 - Thoroughbred Rules
Section 09.10.01.85 - Quad Trifecta
Universal Citation: MD Code Reg 09.10.01.85
Current through Register Vol. 51, No. 19, September 20, 2024
A. In this regulation, the following terms have the meanings indicated:
(1) "Racing association" means the racing
association in the State conducting Quad Trifecta wagering.
(2) "Net Quad Trifecta pool" means the total
amount wagered in the Quad Trifecta pool, except for any carryover generated
from previous Quad Trifecta wagering, less the appropriate take-out.
(3) "Single price pool" means the method of
determining a pay-off price where the aggregate winning tickets are divided
into all, or a designated percentage, of the Net Quad Trifecta pool with each
winning ticket having the same pay-off price per unit wager.
B. The Quad Trifecta is a type of bet in which a bettor selects three different betting interests to finish first, second, and third, in exact order, in each of four designated races.
C. The four races which comprise the Quad Trifecta:
(1) Shall be
designated by the racing association;
(2) Shall be clearly designated in the
program; and
(3) May originate from
one or more race tracks.
D. The Quad Trifecta pool shall be held entirely separate from all other pools.
E. Subject to Commission approval, the racing association shall establish the minimum amount for a bet on the Quad Trifecta.
F. Quad Trifecta tickets shall be clearly identified to distinguish them from tickets for other types of wagers.
G. Designation and Distribution of Shares-General.
(1) Subject
to Commission approval, the racing association shall designate a major share of
the net Quad Trifecta pool, as described in §H of this regulation, and, in
addition, may designate one or more of the following:
(a) A principal minor share of the net Quad
Trifecta pool, as described in §I of this regulation; and
(b) One or more additional minor shares of
the net Quad Trifecta pool as described in §J of this
regulation.
(2) Subject
to Commission approval, the racing association shall determine the distribution
of the net Quad Trifecta pool by designating:
(a) The minimum number of correct selections,
or range of selections, of the first three finishers, in exact position, in the
Quad Trifecta races which results in a winning bet; and
(b) The percentage of the net Quad Trifecta
pool for distribution of each of the shares designated by the racing
association under §G(1) of this regulation.
(3) The racing association shall publish in
the program for live racing on which Quad Trifecta wagering is conducted:
(a) Each designation made by a racing
association under §G(1) of this regulation; and
(b) Each determination made by the racing
association under §G(2) of this regulation.
(4) The racing association may change one or
more of its designations or determinations made under either §G(1) or (2)
of this regulation.
(5) A change
under §G(4) of this regulation is not effective until:
(a) There has been a mandatory distribution
made under §S of this regulation; and
(b) There is a publication of the change in
the next program for live racing on which Quad Trifecta wagering is
conducted.
H. Major Share Distributions. The major share of the net Quad Trifecta pool, plus any Quad Trifecta pool carryover, shall be distributed, as a single price pool, to those bettors who correctly select:
(1)
The first three finishers, in exact position, in each of the Quad Trifecta
races; or
(2) A lesser specified
number of finishers, in exact position, in each of the Quad Trifecta
races.
I. Principal Minor Share Distributions.
(1) A principal
minor share of the net Quad Trifecta pool, if designated, shall be distributed,
as a single price pool, to those bettors who correctly select the greatest
number of the first three finishers, in exact position, in each of the Quad
Trifecta races, which is less than the number of correct selections qualifying
for the major share of the net Quad Trifecta pool.
(2) In designating the principal minor share,
the racing association may declare a minimum number of correct selections that
must be made in order for bettors to be eligible to receive the principal minor
share.
J. Additional Minor Share Distributions. One or more additional minor shares of the net Quad Trifecta pool, if designated, shall be distributed, as a single price pool or pools, to those bettors who correctly select the designated number, or range, of the first three finishers, in exact position, in each of the Quad Trifecta races, which is less than the number of correct selections qualifying for the major share of the net Quad Trifecta pool.
K. Qualification for Additional Distributions.
(1) Those bettors qualifying
for a major share of the net Quad Trifecta pool also qualify for the principal
minor share of the net Quad Trifecta pool and the additional minor shares of
the net Quad Trifecta pool.
(2)
Those bettors qualifying for the principal minor share of the net Quad Trifecta
pool also qualify for any additional minor shares of the net Quad Trifecta pool
that require an equal or fewer number of winning selections as those selected
by bettors qualifying for the principal minor share.
(3) Those bettors qualifying for one or more
minor shares of the net Quad Trifecta pool also qualify for any additional
minor shares of the net Quad Trifecta pool that require fewer winning
selections.
(4) If any of the
circumstances described in §K(1), (2), or (3) of this regulation occurs,
the unbroken prices for each share shall be summed before rounding the prices
for breakage.
(5) Example.
(a) To win the major share of the net Quad
Trifecta pool, the bettor must correctly select the first three finishers, in
exact position, in each of the Quad Trifecta races. To win the principal minor
share, the bettor must correctly select the greatest number of the first three
finishers, in exact position, in each of the Quad Trifecta races that is less
than all 12. To win the one additional minor share, the bettor must correctly
select at least nine or more of the first three finishers, in exact position,
in each of the Quad Trifecta races.
(b) $2 of wagers correctly selected all 12
positions. $2 of wagers correctly selected 11 positions. $3 of wagers correctly
selected ten positions. $5 of wagers correctly selected nine
positions.
(c) Using a net Quad
Trifecta pool of $132,001, and based on the racing association's designations
under §G of this regulation, the major share of the net Quad Trifecta pool
is $100,000, designated for correctly selecting all 12 of the first three
finishers, in exact order, in each of the Quad Trifecta races. The principal
minor share of the net Quad Trifecta pool, designated for correctly selecting
the next greatest number of the first three finishers, in exact order, in each
of the Quad Trifecta races, is $20,000.40. The one additional minor share of
the net Quad Trifecta pool, designated for correctly selecting a range of nine
or more of the first three finishers, in exact order, in each of the Quad
Trifecta races, is $12,000.60.
(d)
The major share would be divided among those correctly selecting all 12 of the
first three finishers, in exact order, in each of the Quad Trifecta races. The
principal minor share would be divided among those correctly selecting 11 and
12 of the first three finishers, in exact order, in each of the Quad Trifecta
races. The one additional minor share would be divided among all the wagers
correctly selecting nine, ten, 11, and 12 of the first three finishers, in
exact order, in each of the Quad Trifecta races.
(e) The major share of $100,000 would be
divided among the $2 of wagers correctly selecting all 12 of the first three
finishers, in exact order, in each of the Quad Trifecta races, yielding an
unbroken price of $50,000 per dollar wagered. The principal minor share of
$20,000.40 would be divided among the $4 of wagers correctly selecting 11 or
more of the first three finishers, in exact order, in each of the Quad Trifecta
races, yielding an unbroken price of $5,000.10 per dollar wagered. The one
additional minor share of $12,000.60 would be divided among the $12 of wagers
correctly selecting nine or more of the first three finishers, in exact order,
in each of the Quad Trifecta races, yielding an unbroken price of $1,000.05 per
dollar wagered.
(f) The sum of
$50,000 + $5,000.10 + $1,000.05 = $56,000.15 is the combined unbroken price for
correctly choosing all 12 of the first three finishers, in exact order, in each
of the Quad Trifecta races. The sum of $5,000.10 + $1,000.05 = $6,000.15 is the
combined unbroken price for correctly choosing 11 of the first three finishers,
in exact order, in each of the Quad Trifecta races. $1,000.05 is the unbroken
price for correctly selecting nine or ten of the first three finishers, in
exact order, in each of the Quad Trifecta races.
(g) If the rounding for breakage is to the
next lower 10 cents, the final broken prices are $56,000.10 for the winners of
the major share, $6,000.10 for the winners of the principal minor share, and
$1,000 for the winners of the one additional minor share.
L. Except as provided in §§R and S of this regulation:
(1)
If there are no wagers qualifying for the major share, the major share of the
net Quad Trifecta pool shall be carried over and added to the major share of
the net Quad Trifecta pool on the next live racing program of the race meeting
on which Quad Trifecta wagering is conducted; and
(2) If there are no wagers qualifying for a
designated minor share, including a designated principal minor share:
(a) The minor share of the net Quad Trifecta
pool shall be combined with the major share of the net Quad Trifecta pool for
distribution as a single price pool to those who qualified for the major share;
or
(b) If no bettor qualifies for
the major share of the net Quad Trifecta pool, the minor share of the net Quad
Trifecta pool shall be carried over and added to the major share of the net
Quad Trifecta pool on the next live racing program of the race meeting on which
Quad Trifecta wagering is conducted.
M. Fields are prohibited in any of the four designated Quad Trifecta races.
N. Coupled Entries.
(1) Coupled entries may be
permitted in any of the four designated Quad Trifecta races.
(2) Horses comprising a coupled entry shall
be considered part of a single betting interest for the purposes of price
calculations and distribution of the net Quad Trifecta pool.
(3) If a horse in a coupled entry is
officially withdrawn or scratched, the remaining horse, or horses, in the
coupled entry shall remain as a valid betting interest.
(4) If all horses in a coupled entry are
scratched, the provisions of §Q of this regulation shall apply.
(5) Coupled Entries Price Calculations.
(a) For the purposes of price calculations
only, coupled entries shall be calculated as a single finishing horse, using
the finishing position of the leading horse in the coupled entry to determine
the order of placing.
(b) Example.
If the actual order of finish in a race is 1 / 2 / 1A / 3 / 4, then the
finishers used for that race in the Quad Trifecta would be 1 / 2 / 3 /
4.
O. Dead Heats. If a dead heat, or heats, occur in any of the races designated as the Quad Trifecta:
(1) A horse in a dead heat
shall be considered as finishing in the position for which it dead
heated;
(2) Any selection in a Quad
Trifecta wager that correctly selects a horse in a dead heat as finishing in
the position for which the horse dead heated shall be treated as a correct
selection; and
(3) Each designated
share of the net Quad Trifecta pool that is distributed shall be distributed as
a single price pool.
P. Wagering for the Quad Trifecta shall close at the same time that wagering is closed on the first designated race of the Quad Trifecta.
Q. Scratches.
(1) If an entire betting interest is
scratched in a designated race of the Quad Trifecta while wagering on the Quad
Trifecta is still open:
(a) No more wagers
selecting that betting interest may be accepted; and
(b) Any bettor who previously placed a Quad
Trifecta wager that includes one or more scratched betting interests may cancel
their wager and receive a refund until Quad Trifecta betting is
closed.
(2) After Quad
Trifecta wagering is closed:
(a) Any betting
interest that is scratched in its entirety shall be treated as an incorrect
selection; and
(b) Other correctly
selected finishers in a Quad Trifecta wager shall continue to count toward a
bettor's eligibility to win.
(3) If, due to a late scratch, the number of
betting interests in a race comprising the Quad Trifecta is reduced to fewer
than three, the race shall be declared a "no contest", and the Quad Trifecta
pool shall be subject to §R of this regulation.
R. Cancellations.
(1) If any of the Quad Trifecta races are
cancelled or declared "no contest" at any time before Quad Trifecta wagering is
closed, all Quad Trifecta wagers made in connection with the given live racing
program on which Quad Trifecta wagering was conducted shall be
refunded.
(2) If any of the Quad
Trifecta races are cancelled or declared "no contest" after Quad Trifecta
wagering is closed:
(a) For purposes of
determining the number of correct selections, each selection made in a Quad
Trifecta race that is cancelled or declared "no contest" is deemed an incorrect
selection;
(b) If, after applying
§R(2)(a) of this regulation, it remains possible for a bettor to correctly
select the number of the first three finishers, in exact order, to qualify for
the major share of the net Quad Trifecta pool as designated by the racing
association under §H of this regulation, the Net Quad Trifecta pool, plus
the Quad Trifecta pool carryover, shall be distributed according to
§§H, I, and J of this regulation; and
(c) If, after applying §R(2)(a) of this
regulation, it becomes impossible for a bettor to correctly select the number
of the first three finishers, in exact order, to qualify for the major share of
the net Quad Trifecta pool as designated by the racing association under
§H of this regulation:
(i) The major
share plus the principal minor share of the net Quad Trifecta pool, but not the
Quad Trifecta pool carryover, shall be distributed to those who correctly
select the greatest number of the first three finishers in their exact
positions in each of the remaining Quad Trifecta races; and
(ii) Winners of a designated additional minor
share shall receive the percentage of the net Quad Trifecta pool that is
designated for that minor share according to §G of this
regulation.
(3) If the net Quad Trifecta pool has been
designated for distribution in accordance with §S of this regulation, the
provisions of §S of this regulation shall apply.
S. Mandatory Distribution.
(1) The Quad Trifecta pool carryover may be
designated for distribution on a specified date:
(a) If it is the closing day of the race
meet;
(b) If the association
declares its intention to do so at least 24 hours before the opening of Quad
Trifecta wagering for which there is to be a mandatory distribution;
or
(c) Upon such other condition
the Commission may approve.
(2) If the Quad Trifecta pool carryover is
designated for a mandatory distribution on a specified date and, on that date,
there are no wagers qualifying for the major share, then the following
precedence shall be followed in determining winning wagers for the net Quad
Trifecta pool and the Quad Trifecta pool carryover:
(a) The major share of the net Quad Trifecta
pool, the principal minor share of the net Quad Trifecta pool, and the Quad
Trifecta pool carryover shall be distributed to those who correctly selected
the most finishers, in their exact positions, in the Quad Trifecta races with
designated additional minor pools also being awarded; and
(b) If there are no wagers which select even
one finisher, in its exact position, in the Quad Trifecta races, then all Quad
Trifecta wagers shall become winners and share 100 percent of that day's net
Quad Trifecta pool and the Quad Trifecta pool carryover.
(3) If, for any reason, there is not a
mandatory distribution as provided in this section, the Quad Trifecta pool
carryover shall be:
(a) Deposited in an
interest bearing account at a bank located in the State which is approved by
the Commission; and
(b) With
accrued interest, added to the net Quad Trifecta pool of the next race meet
held by the racing association.
T. Upon Commission approval, a racing association may offer a guaranteed pay-out on Quad Trifecta wagering by:
(1) Announcing the amount of the guaranteed
pay-out at least 24 hours before the opening of Quad Trifecta wagering for
which there is to be a guaranteed pay-out; and
(2) Adding monies to the current Quad
Trifecta pool carryover in an amount sufficient to satisfy the guaranteed
pay-out.
U. The added monies under §T(2) of this regulation are not subject to take-out.
V. The purchase and acceptance of a Quad Trifecta wager by a bettor shall constitute:
(1) An acknowledgment of the correctness of
the ticket; and
(2) An agreement to
be bound by the terms and provisions of this regulation.
W. The sale of a Quad Trifecta wager other than from a pari-mutuel wagering machine, and the resale of a Quad Trifecta ticket from one person to another, is prohibited.
X. Neither a racing association, nor a totalisator company, nor the Commission, nor the State shall be liable to any person for a Quad Trifecta ticket which is not:
(1) A winning wager in accordance with the
provisions of this regulation; or
(2) Delivered, for any reason, including:
(a) A mechanical malfunction;
(b) An electrical failure; or
(c) A machine locking.
Y. This regulation shall be displayed prominently in the betting area of the racing association conducting Quad Trifecta wagering.
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