Current through Register Vol. 51, No. 19, September 20, 2024
A. The Twin Trifecta is a type of bet in
which:
(1) A bettor initially selects three
different betting interests to finish first, second, and third in that exact
order in the first race of two designated races; and
(2) For each successful minimum bet on the
first of the two designated races of the Twin Trifecta, a bettor is entitled to
one opportunity to select three different betting interests to finish first,
second, and third in that exact order in the second race.
B. A successful minimum bet on the first race
of the Twin Trifecta is the only means by which a bettor may participate under
§A(2) of this regulation.
D. The betting pool
created under §A of this regulation shall be refunded if:
(1) For any reason, the number of betting
interests for either the first race or the second race of the Twin Trifecta is
reduced to less than seven before betting is opened for the first race of this
bet;
(2) The first race of the two
designated races is cancelled or declared no race; or
(3) No bet on the first race of the two
designated races contains a successful selection as set forth in
§§E(1)(a) or J of this regulation.
E. Unless there is a refund of the betting
pool as set forth in §D of this regulation, or a racing association elects
to employ the option specified under §G of this regulation, the net pool
created by the Twin Trifecta bets shall be divided into two pools, where:
(1) One pool shall be assigned to the first
race and shall be distributed among those bets which contain the:
(a) Betting interests finishing first,
second, and third in that exact order in the first race of the two designated
races; or
(b) Most correct betting
interests as set forth in §J of this regulation if no bet satisfies
§E(1)(a) of this regulation; and
(2) The other pool shall be assigned to the
second race of the two designated races and shall be:
(a) Distributed, along with any carry over,
among those bets which contain the betting interests finishing first, second,
and third in that exact order in the second race of the two designated
races;
(b) Distributed among those
bets which contain the betting interests which finished first, second, and
third in that exact order in the first race of the two designated races if the
second race of the two designated races is cancelled or declared no
race;
(c) Carried over and added to
the same type of pool on the next program of the race meeting if no bet on the
day's program contains the betting interests finishing first, second, and third
in that exact order in the second race of the two designated races;
or
(d) Distributed, along with any
carry over, among those bets which contain the most correct betting interests,
as set forth in §J of this regulation, in the second race of the two
designated races, if:
(i) No bet contains all
the correct selections, and
(ii)
The racing association has given prior notice that there will be a mandatory
distribution of the carry over.
F. The formula for allocating the net pool
among the two pools created under §E of this regulation shall be:
(1) Established by the racing association;
and
(2) Maintained, as established,
until the pool assigned to the second race of the two designated races,
including the carry over pool, if any, has been distributed.
G. Entire Net Pool Assigned to
Second Race of Twin Trifecta.
(1) Upon giving
prior notice, a racing association may conduct a Twin Trifecta by which the
entire net pool created by the Twin Trifecta bets is:
(a) Assigned to the second race of the Twin
Trifecta; and
(b) Distributed in
accordance with the provisions of §E(2) of this regulation.
(2) If the association elects to
employ the provisions of §G(1) of this regulation, the association shall
continue to employ these provisions until the pool created by employing these
provisions, including the carry over pool, if any, has been
distributed.
H. The will
pay on the pools created in §E of this regulation and the pool created in
§G of this regulation shall be calculated in the following manner:
(1) Multiply the total number of successful
bets at the minimum bet level in the pool by the minimum bet established under
§C of this regulation;
(2)
Divide the total amount in the pool by the answer to §H(1) of this
regulation;
(3) Reduce the answer
to §H(2) of this regulation to the next lowest multiple of 10
cents;
(4) Multiply the answer to
§H(3) of this regulation by the established minimum bet;
(5) The answer to §H(4) of this
regulation becomes the will pay for a minimum bet.
I. If the answer to §H(2) of this
regulation is less than $1.10, §H(2) of this regulation shall be
disregarded, and $1.05 shall be substituted for the answer obtained from the
calculation in §H(3) of this regulation.
J. If no bet contains the betting interests
finishing first, second, and third in that exact order in the first race of the
two designated races, or a distribution of the pool assigned to the second race
of the two designated races is required by the provisions of §E(2)(d) of
this regulation, the distribution of a pool assigned to these races shall be
based:
(1) On bets which contain the betting
interests finishing first and second in that exact order; and
(2) If there is no bet that is in accordance
with §J(1) of this regulation, on bets which contain the betting interest
finishing first, selected in that position.
K. Dead Heat.
(1) If a dead heat or heats occur for any of
the first three positions in either of the two designated races, a horse in a
dead heat shall be considered as finishing in any position for which it dead
heated.
(2) In the event of a dead
heat as described in §K(1) of this regulation, contrary to the usual
practice, the aggregate number of winning tickets shall be used to calculate
the will pay without regard to the number of selections containing a betting
interest in one position or the other.
L. Scratches.
(1) If a betting interest in the first race
of a Twin Trifecta is scratched, all issued tickets which include the scratched
betting interest shall be refunded.
(2) If a betting interest in the second race
of a Twin Trifecta is scratched, the judges shall act as follows:
(a) If there are more than 5 minutes to post
remaining, as displayed on the infield tote board, the judges shall declare, by
means of a public address announcement, that tickets which include the
scratched betting interest may be exchanged before the running of the race;
or
(b) If there are 5 minutes or
less to post remaining, as displayed on the infield tote board, the judges
shall determine if there are tickets issued which contain the scratched betting
interest and act as follows:
(i) If there are
no tickets, the judges shall take no further action, or
(ii) If there are tickets, the judges shall
declare, by means of a public address announcement, that the bets on the second
of the two designated races are cancelled, and the pool allocated to the second
race of the Twin Trifecta from that day only, not including any carry over,
shall be distributed among those bets which contain the betting interests
finishing first, second, and third in that exact order in the first race of the
two designated races.
M. If betting on the first race of the two
designated races of a Twin Trifecta has started, and the number of betting
interests for either the first or second race of the two designated races is
reduced to less than seven, the racing association shall elect, in its sole and
final discretion, to:
(1) Refund the bets;
or
(2) Continue to offer this type
of bet.
N. If, after the
first race of the two designated races has been run, and the second race of the
two designated races has less than seven betting interests, the racing
association shall elect, in its sole and final discretion, to:
(1) Continue to offer this type of bet;
or
(2) Cancel this type of bet for
the day and distribute the pool from this day only, not including any carry
over, among those bets which contain the betting interests finishing first,
second, and third in that exact order in the first race of the two designated
races.
O. Prohibitions.
The following acts are prohibited:
(1) Sales
of tickets on this bet by any means other than through pari-mutuel machines;
and
(2) Disclosure of the number of
tickets eligible for exchange on the second of the two designated
races.
P. If, at the end
of the race meeting, the carry over pool has not been distributed in accordance
with §E(2)(a) or (d) of this regulation, this pool shall be:
(1) Placed in an interest-bearing escrow
account, with the information on this account being furnished to the
Commission; and
(2) Carried over,
with the accumulated interest, to a similar pool and offered for distribution
on the first day of the next race meeting of the racing association at which
the pool was generated.
Q. Coupled entries and fields are permitted
in the races on which this bet is offered.
R. If the horses in a coupled entry or the
horses in a field finish in more than one of the first three positions, one or
more of the horses, as necessary, finishing directly after the first three
horses shall be used to complete a winning bet consisting of three different
betting interests.
S. This
regulation shall be prominently displayed in the betting area of a racing
association offering this type of bet.
