Current through Register Vol. 51, No. 19, September 20, 2024
A. The Pick (n)
Jackpot is a type of bet encompassing five or more races, the exact number of
races being determined by the number substituted for (n), where, unless
otherwise provided, only one, unique ticket holder designates the official
winners in each of the Pick (n) Jackpot races.
B. Except as provided in §G of this
regulation, the net pari-mutuel pool for the Pick (n) Jackpot bet that day,
together with any carryover from previous pools of the same type of bet, shall
be distributed to the holder of the one, unique pari-mutuel ticket which
correctly designates the official winners in each of the Pick (n) Jackpot races
for that day.
C. In the event there
is more than one pari-mutuel ticket which correctly designates the official
winners in each of the Pick (n) Jackpot races for that day, the net pari-mutuel
pool for the Pick (n) Jackpot bets that day shall be distributed:
(1) 60 percent, equally, to the holders of
pari-mutuel tickets which correctly designate the official winners in each of
the Pick (n) Jackpot races for that day; and
(2) 40 percent to the Pick (n) Jackpot
carryover pool.
D. In
the event there is no pari-mutuel ticket which correctly designates the
official winners in each of the Pick (n) Jackpot races for that day, the net
pari-mutuel pool for the Pick (n) Jackpot bets that day shall be distributed:
(1) 60 percent, equally, to the holders of
pari-mutuel tickets which correctly designate the most official winners in each
of the Pick (n) Jackpot races for that day; and
(2) 40 percent to the Pick (n) Jackpot
carryover pool.
E. If
one or more of the races scheduled as part of the Pick (n) Jackpot bet, but
less than 50 percent of the races scheduled as part of this bet, are cancelled
or declared a "no contest":
(1) The net
pari-mutuel pool for the Pick (n) Jackpot bets that day shall be distributed,
equally, to the holders of pari-mutuel tickets which correctly designate the
most official winners in the races that were run; and
(2) There shall be no carryover from that net
pool.
F. A Pick (n)
Jackpot bet shall be refunded if:
(1) For any
reason, 50 percent or more of the races scheduled as a part of this bet are
cancelled or declared a "no contest"; or
(2) No bet selects any winner in the Pick (n)
Jackpot races.
G.
Mandatory Distribution.
(1) The Pick (n)
Jackpot carryover pool may be designated for mandatory 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 72 hours before the
opening of Pick (n) Jackpot wagering for which there is to be a mandatory
distribution; or
(c) Upon such
other condition the Commission may approve.
(2) If the Pick (n) Jackpot carryover pool is
designated for a mandatory distribution on a specified date and, on that date,
there is no unique winning ticket holder under §B of this regulation, then
the following precedence shall be followed in determining winning wagers for
the mandatory distribution of both the net Pick (n) Jackpot pool for that day
and the Pick (n) Jackpot carryover pool:
(a)
Equally to holders of pari-mutuel tickets which correctly designate all of the
official winners in each of the Pick (n) Jackpot races;
(b) If there are no pari-mutuel tickets which
correctly select all of the official winners in each of the Pick (n) Jackpot
races, equally to the holders of pari-mutuel tickets which correctly designate
the most official winners in each of the Pick (n) Jackpot races for that day;
and
(c) If there are no pari-mutuel
tickets which correctly select even one winner in the Pick (n) Jackpot races
for that day, then all Pick (n) Jackpot wagers shall become winners and share
100 percent of that day's net Pick (n) Jackpot pool, together with the Pick (n)
Jackpot carryover pool.
(3) If, for any reason, there is not a
mandatory distribution as provided in this section, the Pick (n) Jackpot
carryover pool shall be:
(a) Deposited in an
interest bearing account at a bank located in the State this is approved by the
Commission;
(b) With accrued
interest, added to the net Pick (n) Jackpot pool of the next race meet held by
the racing association or an affiliated racing association; and
(c) Distributed as a mandatory distribution
on the next occasion Pick (n) Jackpot wagering is offered by the racing
association or an affiliated racing association.
H. Races Moved from Turf to Main
Track.
(1) If one of the races comprising the
Pick (n) Jackpot is moved from the turf to the main track after the close of
wagering for the Pick (n) Jackpot, each selection on a Pick (n) Jackpot ticket
for that race shall be considered a winning selection.
I. If there is a dead heat for win in any of
the Pick (n) Jackpot races, each horse in the dead heat shall be deemed to have
won the race.
J. If a betting
interest is scratched, excused, or determined by the judges to be a nonstarter:
(1) The actual favorite, as evidenced by the
amounts bet in the win pool when betting on the race in which the scratched
betting interest was to participate is closed, shall be substituted for that
betting interest;
(2) If the amount
bet in the win pool is identical on two or more favorites when betting on the
race is closed, the favorite with the lowest program number shall be
substituted for the scratched betting interest; or
(3) Alternatively, the association may allow
patrons the option of selecting an alternate wagering interest to be
substituted for the scratched, excused or nonstarter wagering interest instead
of the actual favorite as defined above, however, should that alternate
selection also be scratched, the patron would then receive the actual favorite
as defined above.
K.
Coupled entries shall be permitted in races designated for Pick (n) Jackpot
wagering.
L. The purchase and
acceptance of a Pick (n) Jackpot 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.
M. The sale of a Pick (n) Jackpot wager other
than from a pari-mutuel wagering machine, and the re-sale of a Pick (n) Jackpot
ticket from one person to another, is prohibited.
N. Neither a racing association, nor a
totalizator company, nor the Commission, nor the State shall be liable to any
person for a Pick (n) Jackpot 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.
O. This regulation shall be
displayed prominently in the betting area of the racing association conducting
Pick (n) Jackpot wagering.
