Current through Register Vol. 49, No. 13, September 23, 2024
Subpart 1.
Scope.
The pentafecta is a form of pari-mutuel wagering combining five
horses in a single race. Each bettor selects horses that will finish in exact
order, first, second, third, fourth, and fifth, in a designated pentafecta
race. Payment of the ticket must be made only to the purchasers who have
selected the exact order of finish as officially posted, except as otherwise
noted. All pentafecta wagers are calculated on a separate pentafecta pool, with
no relation to any other pool.
Subp.
2.
Price of tickets.
Pentafecta tickets must be sold singly in not less than ten
cent denominations.
Subp.
3.
Ticket is evidence of binding contract.
A pentafecta ticket shall be evidence of a binding contract
between the holder of the ticket and the racing association and the ticket
shall constitute an acceptance of the pentafecta wager provisions and
rules.
Subp. 4.
Scratches.
If a horse is scratched or declared a nonstarter, no further
pentafecta tickets may be issued designating the horse and all previously
issued pentafecta tickets that include the scratched horse must be refunded at
any time and the money deducted from the gross pool.
Subp. 5.
Pentafecta wager may be given
a distinctive name.
A pentafecta wager may be given a distinctive name to be
selected by the association conducting these races, subject to the approval of
the commission.
Subp. 6.
Failure to select winning combination.
Items A to F govern payoffs in races where the winning
combination has not been selected.
A.
If no ticket is sold correctly selecting the first five finishers, "X" percent
of the net pool shall be distributed to those pentafecta tickets selecting the
horses finishing first, second, third, and fourth. The remaining "Y" percent of
the net pool shall be carried over to the succeeding pentafecta race.
B. If no ticket is sold correctly selecting
the first four finishers, "X" percent of the net pool shall be distributed to
those pentafecta tickets selecting the horses finishing first, second, and
third. The remaining "Y" percent of the net pool shall be carried over to the
succeeding pentafecta race.
C. If
no ticket is sold correctly selecting the first three finishers, "X" percent of
the net pool shall be distributed to those pentafecta tickets selecting the
horses finishing first and second. The remaining "Y" percent of the net pool
shall be carried over to the succeeding pentafecta race.
D. If no ticket is sold correctly selecting
the first two finishers, "X" percent of the net pool shall be distributed to
those pentafecta tickets selecting the horse finishing first. The remaining "Y"
percent of the net pool shall be carried over to the succeeding pentafecta
race.
E. If no ticket is sold that
would require distribution of the net pentafecta pool as described in items A
to D, 100 percent of the net pool shall be carried over to the succeeding
pentafecta race if the association is using a carryover provision. If the
association is not using a carryover provision, all pentafecta tickets shall be
refunded.
F. If less than five
horses finish a pentafecta race, payoffs shall be made on tickets selecting the
actual finishing horses in order, ignoring the balance of the
selection.
Subp. 7.
Requirement to designate carryover percentages.
The association, in its pari-mutuel pools request, shall
outline percentages to be used for "X" and "Y" in subpart
6. The association can choose
to eliminate the carryover component of this wager by submitting "100 percent"
for "X" and "0 percent" for "Y" in its pari-mutuel pools request.
Subp. 8.
Mandatory
payout.
On the final pentafecta wager of the meet, items A to F govern
payoffs in races where the winning combination has not been selected.
A. If no ticket is sold correctly selecting
the first five finishers, 100 percent of the net pool shall be distributed to
those pentafecta tickets selecting the horses finishing first, second, third,
and fourth.
B. If no ticket is sold
correctly selecting the first four finishers, 100 percent of the net pool shall
be distributed to those pentafecta tickets selecting the horses finishing
first, second, and third.
C. If no
ticket is sold correctly selecting the first three finishers, 100 percent of
the net pool shall be distributed to those pentafecta tickets selecting the
horses finishing first and second.
D. If no ticket is sold correctly selecting
the first two finishers, 100 percent of the net pool shall be distributed to
those pentafecta tickets selecting the horse finishing first.
E. If no ticket is sold that would require
distribution of the net pentafecta pool as described in items A to D, a full
refund of all pentafecta tickets must be made.
F. If less than five horses finish a
pentafecta race, payoff must be made on tickets selecting the actual finishing
horses in order, ignoring the balance of the selection.
Subp. 9.
Cancellation of pentafecta
race.
If a pentafecta race is canceled, a full refund of all
pentafecta tickets must be made.
Subp.
10.
Cancellation of the final pentafecta race of a
meet.
If, for any reason, the day of racing is canceled or the
pentafecta pool has not been distributed, the pool shall be escrowed by the
association, and the pool, as well as all accrued interest, shall be carried
over and included in the pentafecta pool for the next succeeding racing date as
an additional net amount to be distributed.
Subp. 11.
Dead heats.
Items A to G govern payoffs in dead heats.
A. In the even of a dead heat for first, the
winning combinations must be the horses finishing in the dead heat for first
and the horses finishing third, fourth, and fifth.
B. In the event of a dead heat for second,
the winning combinations must be the horse finishing first, the horses
finishing in the dead heat for second, and the horses finishing fourth and
fifth.
C. In the event of a dead
heat for third, the winning combinations must be the horse finishing first, the
horse finishing second, the horses finishing in the dead heat for third, and
the horse finishing fifth.
D. In
the event of a dead heat for fourth, the winning combinations must be the horse
finishing first, the horse finishing second, the horse finishing third, and the
horses finishing in the dead heat for fourth.
E. In the event of a dead heat for fifth, the
winning combinations must be the horse finishing first, the horse finishing
second, the horse finishing third, the horse finishing fourth, and the horses
finishing in the dead heat for fifth.
F. In the event of a dead heat for first,
second, third, fourth, or fifth where there is no winning ticket on the one
dead heat combination, the entire pool must be paid to the other winning
combination.
G. In all instances of
multiple dead heats, the winning combinations must be paid proportionately from
the net pentafecta pool.
Subp.
12.
Restrictions on pentafecta races.
In no event shall pentafecta wagering be allowed with fewer
than six betting interests. If for any reason pentafecta wagering is canceled,
all pentafecta wagers must be refunded.
Subp. 13. [Repealed, 40 SR 29; 42 SR
1258]