Current through Supplement No. 394, October, 2024
1.
General. The only pari-mutuel wagering pools permitted are, those
designated in the association of racing commissioners international model rules
of racing ARCI-004-105 part I, A through X, and pari-mutuel plus, pick 1-2-3,
pick 1-2-3-4-5, 123racing Pick-n Wager©, Tote-X® win, and tournament
wager. In each pool there must be a separate and independent calculation and
distribution. From each pool there must be deducted by each association or
licensee the commissions as provided by state law. The remainder of the moneys
in the pool must be distributed as payoff to ticketholders as set out
therein.
2.
Pari-mutuel
plus.
a. The pari-mutuel plus pool
requires selection of the order of any designated number of finishers, in their
exact positions, in designated contests. The service provider must obtain
written approval from the commission concerning the scheduling of the
pari-mutuel plus contests and designate the percentage of the amount of
carryover. The pari-mutuel plus pool consists of a pool and jackpot carryover
and must have predetermined percentages set aside for the pool designated to
winners who selected the designated number of finishers. The pool will be
distributed to the winners who selected the finishers, in their exact
positions, and they will then be eligible for the random drawing of the
randomly generated numbers assigned to the wager's ticket to be drawn for the
awarding of the jackpot pool. To be awarded the jackpot pool, the winner of the
pool must have the matching randomly generated number on the person's ticket
that is drawn randomly from the group of designated numbers. Any changes to the
approved pari-mutuel plus format require prior approval from the
commission.
b. Unless otherwise
stated, the major share of the net pari-mutuel plus pool shall be distributed
as a single price pool to those who selected the designated number of
finishers, in exact positions, based upon the official order of
finish.
c. The pari-mutuel plus
pool shall be apportioned with no minor pool and carryover by choosing the
designated number of horses in exact order of finish. The service provider must
make a written request to the commission for approval to offer consolation and
minor pools in the pari-mutuel plus pool, and be granted approval before
implementation.
(1) The net pari-mutuel plus
pool shall be distributed in accordance with the method for distributing the
major share to all winners who selected the designated number of finishers, in
exact positions.
(2) If there are
no wagers qualifying for the major share, the net major share shall be added to
the carryover.
d. If
there is a dead heat in the pari-mutuel plus pool involving:
(1) Contestants representing the same betting
interest, the pool will be distributed as if no dead heat occurred.
(2) Contestants representing two or more
betting interests, the pool will be distributed as a single price pool with
each winning wager receiving an equal share of the profit.
e. The pari-mutuel plus pool shall be
canceled and all pari-mutuel plus wagers for the individual performance shall
be refunded under the following conditions:
(1) If the pari-mutuel plus contests are
canceled or declared no contest prior to the first pari-mutuel plus contest
being declared official, the entire pari-mutuel plus pool shall be refunded on
wagers for those contests.
(2) If
all remaining pari-mutuel plus contests are canceled or declared no contests
after the first pari-mutuel plus contest is declared official, the entire net
pari-mutuel plus pool, but not the pari-mutuel plus carryover, shall be
distributed as a single price pool to wagers selecting the winning combination
in the pari-mutuel plus contest. However, if there are no wagers selecting the
winning combination in the pari-mutuel plus contest, the entire pool shall be
refunded on wagers for those contests.
f. Mandatory distribution.
(1) The service provider must submit a
written request to the commission for permission to distribute the pari-mutuel
plus carryover on a specific performance. The request to the commission shall
contain justification for the mandatory distribution, an explanation of the
benefit to be derived, and the intended date and performance of the
distribution. The service provider must notify the commission at least ten days
prior to implementation. If the pari-mutuel plus pool cannot be distributed
during a designated performance, the mandatory distribution shall resume on the
next approved mandatory distribution performance.
(2) If the pari-mutuel plus carryover is
designated for distribution on a specific date and performance, and if there
are no wagers qualifying for the major share, which is sixty-five percent of
the pool, then the following precedence shall be followed in determining the
winning wagers for the pari-mutuel plus pool and carryover pool:
(a) The major share and the pari-mutuel plus
carryover shall be distributed as a single price pool to those who selected the
designated number of finishers, in exact positions, based upon the official
order of finish, and who have received a matching random number selected
through a drawing of one of a designated group of numbers, minus the service
provider or racetrack take-out.
(b)
The major share and the pari-mutuel plus carryover shall be distributed as a
single price pool to those who correctly selected the most finishers, in their
exact positions, based upon the official order of finish.
g. If for any reason, the
pari-mutuel plus carryover must be held over to the corresponding pari-mutuel
plus pool of a subsequent pari-mutuel plus contest, the carryover shall be
deposited in an interest-bearing account approved by the commission. The
pari-mutuel plus carryover plus accrued interest shall then be added to the
pari-mutuel plus pool of the following meet on a date and performance so
designated by the commission.
h.
With written approval of the commission, the service provider may contribute to
the pari-mutuel plus carryover a sum of money to be designated by the service
provider or the racetrack. Moneys contributed to the pool may be withdrawn when
the pool accumulation totals the moneys contributed.
i. Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of live tickets remaining is strictly
prohibited. This shall not prohibit necessary communication between totalizator
and pari-mutuel department employees for processing of pool data.
j. The service provider may suspend
previously approved pari-mutuel plus wagering with prior approval from the
commission. Any carryover shall be held until the suspended pari-mutuel plus
wagering is reinstated. A service provider may request approval of the
pari-mutuel plus wager or a separate pari-mutuel plus wagering pool for
specific performances.
3.
Pick 1-2-3 pool. The pick
1-2-3 pool requires selection of the first three finishers, irrespective of
order, in each of three designated contests. Payment of the ticket may be made
only to the purchaser who has selected the qualifying finishers in three
designated races.
a. Pick 1-2-3 requires a
selection of a combination of either nine, eight, seven, or six, first, second,
and third place finishers, in any order, in three consecutive races that are
designated as pick 1-2-3 races to qualify for a payout. There will be no
monetary award for the winning combination for winning the first pick 1-2-3
race or any combination of five or less qualifiers in each of the three
races.
b. The service provider must
obtain written approval from the commission concerning the scheduling of the
pick 1-2-3 contests, the designation of qualifying races, and the cap to be set
on the carryover. Any changes to the pick 1-2-3 wager format requires prior
approval from the commission.
c.
The pick 1-2-3 pool and carryover, if any, shall be distributed as a single
price pool to those who selected the winning combination of the top three
finishers in three races, or a decreasing scale of qualifiers eight of nine,
seven of nine, or six of nine, in the following payout method:
(1) Fifty percent of net pool and accumulated
jackpot divided between players selecting nine of nine.
(2) Thirty percent of net pool divided
between players selecting eight of nine.
(3) Fifteen percent of net pool divided
between players selecting seven of nine.
(4) Five percent of net pool divided between
players selecting six of nine.
(5)
If there are no winning wagers for the nine of nine winners, then fifty percent
of the net pool carryover will be added to the next pick 1-2-3 race in the race
meet schedule.
(6) If there are no
winning wagers for the eight of nine winners, then thirty percent of the net
pool carryover will be added to the next pick 1-2-3 race in the race meet
schedule.
(7) If there are no
winning wagers for the seven of nine winners, then fifteen percent of the net
pool carryover will be added to the next pick 1-2-3 race in the race meet
schedule.
(8) If there are no
winning wagers for the six of nine winners, then five percent of the net pool
carryover will be added to the next pick 1-2-3 race in the race meet
schedule.
d. Dead heats.
In the event of a dead heat in any of the position pick 1-2-3 contests based
upon the official order of finish for the purposes of determining whether a
wager correctly selected the finishers in exact position, contestants in a dead
heat are deemed to jointly occupy both or all positions in the dead heat. For
example, if five and six finish in a dead heat for first, then a selection of
five for either first or second is correct and a selection of six for either
first or second is also correct.
e.
Scratches.
(1) If, due to a late scratch, the
number of betting interests in a contest of the pick 1-2-3 pool is reduced to
fewer than six contestants, for the purposes of the pick 1-2-3 pool only, such
contests shall be declared no contest and the pick 1-2-3 pool shall be declared
a canceled contest.
(2) Should a
betting interest in any contest of the pick 1-2-3 pool be scratched or excused
from the contest, no more wagers shall be accepted selecting that scratched
contestant.
(3) Scratch contestant
losers:
(a) The scratch contestant is deemed
to be a loser, for the purposes of the pick 1-2-3 pool only.
(b) Other correctly selected finishers in the
pick 1-2-3 shall continue to count toward winning, as usual.
f. Canceled contests.
(1) If any of the pick 1-2-3 contests are
canceled or declared no contest prior to the first pick 1-2-3 contest being
declared official, the daily pick 1-2-3 pool shall be refunded on the pick
1-2-3 wagers for those contests.
(2) If all remaining pick 1-2-3 contests are
canceled or declared no contest after the first pick 1-2-3 contest is declared
official, the entire net pick 1-2-3 pool, but not the pick 1-2-3 carryover,
shall be distributed as a single price pool to wagers selecting the winning
combination in the first pick 1-2-3 contest. However, if there are no wagers
selecting the winning combination in the first pick 1-2-3 contest, the daily
pick 1-2-3 pool shall be refunded on pick 1-2-3 wagers for those
contests.
g. Mandatory
distribution. The service provider must submit a written request for permission
to distribute the pick 1-2-3 carryover on a specific performance to the
commission. The request shall contain justification for the mandatory
distribution, an explanation of the benefit to be derived, and the intended
date and performance for the distribution. The service provider must notify the
commission at least ten days prior to implementation. If the pick 1-2-3 pool
cannot be distributed during a designated performance, the mandatory
distribution shall resume on the next approved mandatory distribution
performance.
4.
Pick 1-2-3-4-5 pool. Pick 1-2-3-4-5 requires selection of the
first five finishers, irrespective of order, in each of three designated
contests. Payment of the ticket may be made only to the purchaser who has
selected the qualifying finishers in three designated races.
a. Pick 1-2-3-4-5 requires the selection of a
combination of either fifteen, fourteen, thirteen, or twelve first, second,
third, fourth, and fifth place finishers, in any order, in three consecutive
races that are designed as pick 1-2-3-4-5 races to qualify for a payout. There
will be no monetary award for the winning combination for winning the first
pick 1-2-3-4-5 race or any combination of eleven or less qualifiers in each of
the three races.
b. The service
provider must obtain written approval from the commission concerning the
scheduling of the pick 1-2-3-4-5 contests, the designation of qualifying races
and the cap to be set on the carryover. Any changes to the pick 1-2-3-4-5 wager
format require prior approval from the commission.
c. The pick 1-2-3-4-5 pool and carryover, if
any, shall be distributed as a single price pool to those who selected the
first five finishers in three races or a decreasing scale of qualifiers fifteen
of fifteen, fourteen of fifteen, thirteen of fifteen, or twelve of fifteen in
the following payout method:
(1) Fifty percent
of net pool and accumulated jackpot divided between players selecting fifteen
of fifteen.
(2) Thirty percent of
net pool divided between players selecting fourteen of fifteen.
(3) Fifteen percent of net pool divided
between players selecting thirteen of fifteen.
(4) Five percent of net pool divided between
players selecting twelve of fifteen.
(5) If there are no winning wagers for the
fifteen of fifteen winners, then fifty percent of the net pool carryover will
be added to the next pick 1-2-3-4-5 race in the race meet schedule.
(6) If there are no winning wagers for the
fourteen of fifteen winners, then thirty percent of the net pool carryover will
be added to the next pick 1-2-3-4-5 race in the race meet schedule.
(7) If there are no winning wagers for the
thirteen of fifteen winners, then fifteen percent of the net pool carryover
will be added to the next pick 1-2-3-4-5 race in the race meet
schedule.
(8) If there are no
winning wagers for the twelve of fifteen winners, then five percent of the net
pool carryover will be added to the next pick 1-2-3-4-5 race in the race meet
schedule.
d. Dead heats.
In the event of a dead heat in any of the position pick 1-2-3-4-5 contests
based upon the official order of finish for the purposes of determining whether
a wager correctly selected the finishers in exact position, contestants in a
dead heat are deemed to jointly occupy both or all positions in the dead heat.
For example, if five and six finish in a dead heat for first, then a selection
of five for either first or second is correct and a selection of six for either
first or second is also correct.
e.
Scratches.
(1) If, due to a late scratch, the
pick 1-2-3-4-5 pool is reduced to fewer than six contestants, for the purposes
of the pick 1-2-3-4-5 pool only, such contests shall be declared no contest and
the pick 1-2-3-4-5 pool shall be declared a canceled contest.
(2) Should a betting interest in any contest
of the pick 1-2-3-4-5 pool be scratched or excused from the contest, no more
wagers shall be accepted selecting that scratched contestant.
(3) Scratch contestant losers:
(a) The scratch contestant is deemed to be a
loser, for the purposes of the pick 1-2-3-4-5 pool only.
(b) Other correctly selected finishers in the
pick 1-2-3-4-5 shall continue to count toward winning, as usual.
f. Canceled contests.
(1) If any of the pick 1-2-3-4-5 contests are
canceled or declared no contest prior to the first pick 1-2-3-4-5 contest being
declared official, the entire pick 1-2-3-4-5 pool shall be refunded on the pick
1-2-3-4-5 wagers for those contests.
(2) If all remaining pick 1-2-3-4-5 contests
are canceled or declared no contest after the first pick 1-2-3-4-5 contest is
declared official, the entire net pick 1-2-3-4-5 pool, but not the pick
1-2-3-4-5 carryover, shall be distributed as a single price pool to wagers
selecting the winning combination in the first pick 1-2-3-4-5 contest. However,
if there are no wagers selecting the winning combination in the first pick
1-2-3-4-5 contest, the entire pick 1-2-3-4-5 pool shall be refunded on pick
1-2-3-4-5 wagers for those contests.
g. Mandatory distribution. The service
provider must submit a written request for permission to distribute the pick
1-2-3-4-5 carryover on a specific performance to the commission. The request
shall contain justification for the mandatory distribution, an explanation of
the benefit to be derived, and the intended date and performance for the
distribution. The service provider must notify the commission at least ten days
prior to implementation. If the pick 1-2-3-4-5 pool cannot be distributed
during a designated performance, the mandatory distribution shall resume on the
next approved mandatory distribution performances.
h. Coupled entries and mutuel fields. Coupled
entries and mutuel fields are not permitted in pick 1-2-3-4-5
contests.
5.
123racing Pick-n Wager©.
a.
The 123racing Pick-n Wager is a separate pari-mutuel pool wager established by
the association or licensee on a designated number of races. The gross pool
consists of the total amount wagered for the multiple race bet. Winning wagers
are determined by the highest points totals earned after all rounds have been
completed, based on cumulative mythical two dollar win, place, show wagers (a
fantasy two dollar across the board wager), on one betting interest per
wagering race. It is not a parlay and has no connection with or relation to
other pools conducted by the association or licensee other than the utilization
of live race payouts as a means of calculating players' fantasy
points.
b. A valid 123racing Pick-n
Wager ticket shall be evidence of a binding contract between the holder of the
ticket and the association or licensee, and shall constitute an acceptance of
123racing Pick-n Wager provisions and rules contained in this
chapter.
c. A licensee may
establish a minimum and maximum number of entries per tournament. If the
minimum number of entries are not received, the licensee may cancel and refund
all wagers in that tournament. The minimum entries for each tournament must be
published in advance of the opening of the tournament.
d. A licensee may limit the number of entries
per player. The maximum entries per player for each tournament must be
published in advance of the opening of the tournament.
e. A 123racing bet may not be retracted once
it has been purchased.
f. A
123racing Pick-n Wager may be given a distinctive name by the association
conducting the meeting or licensee, subject to commission approval, and
existing license, copyrights, and patents.
g. 123racing Pick-n Wagers shall be conducted
as follows:
(1) Each player wagers into the
gross pool and selects one betting interest per wagering race.
(2) The number of races that complete the
wager varies depending on the specifics of "tournament", as determined by the
host racing association or licensee, but shall include no less than four
races.
(3) Each round of the
"tournament" consists of a mythical win, place, show wager on one betting
interest per race.
(4) Official
program numbers must be used for all wagers. All players are responsible for
ensuring each wager is placed correctly.
(5) Live race payouts are used to calculate
players' fantasy points totals.
(6)
As part of the announced tournament rules, and as approved by the commission,
the host racing association or licensee may opt to cap the maximum odds on all
fantasy payouts.
(7) Each player's
fantasy points will be reflected in their cumulative fantasy points totals at
the end of each race.
(8) Following
a race being declared "official", the actual pari-mutuel pool payout for a
fantasy across-the-board wager will be translated to points and added to a
player's cumulative fantasy points totals. The host racing association or
licensee may specify a maximum number of points that can be accumulated by any
one wager per contest race subject to commission approval.
(9) Of the bettors, the players with the
highest fantasy points totals after the last leg are the "winners".
(10) A portion of the net pari-mutuel pool as
determined in advance of the contest by the host racing association or licensee
and approved by the commission, designated the "major net pool" is distributed
in accordance with subdivision i.
(11) In addition to the major net pool, a
host racing association or licensee may designate in advance of the contest and
as approved by the commission a portion of the net pari-mutuel pool for
carryover as follows:
(a) A "perfect pick
carryover pool" is carried over to subsequent contests until a bettor
successfully selects the winning runners of all designated contests in the
current contest, in which case the perfect pick carryover pool will be equally
divided between the bettors successfully selecting every winning
runner.
(b) A "place carryover
pool" is carried over to subsequent contests until a bettor successfully
selects runners finishing first or second in all designated contests in the
current contest, in which case the place carryover pool will be equally divided
between the bettors successfully selecting runners finishing first or second in
all designated contests.
(c) A
"show carryover pool" is carried over to subsequent contests until a bettor
successfully selects runners finishing first, second, or third in all
designated contests in the current contest, in which case the show carryover
pool will be divided between the bettors successfully selecting runners
finishing first, second, or third in all designated contests.
(d) A host racing association or licensee may
designate a contest on which a perfect pick carryover pool, place carryover
pool, or show carryover pool is terminated and fully distributed to the best
performing bettor or bettors in that contest.
h. A fantasy wager on a coupled entry or
field is considered a wager on the remaining part of the coupled entry or field
as determined by the rules of the live corresponding race.
i. If a selection in any race designates a
betting interest that was scratched, excused, or determined by the stewards to
be a nonstarter in the race, the fantasy wager will be on the tote favorite in
that race.
j. Points for dead heats
will be determined by the payouts of the live corresponding race.
k. The takeout and its distribution for the
123racing Pick-n Wager shall be set and approved by the host regulatory
commission, but shall include the distribution of the negotiated proprietary
fee.
l. All tickets shall be
refunded if all races comprising the 123racing Pick-n Wager are canceled or
declared as a no contest. The entire pool shall be refunded if less than four
races are completed and if four or more races are completed the net pool shall
be distributed pursuant to subdivision l.
m. After wagering closes on the first race
comprising the 123racing Pick-n Wager, the tournament shall be deemed closed
and no entry ticket shall be sold, exchanged, or canceled. No person shall be
determined to hold a wining 123racing Pick-n Wager ticket until the last
designated race has been declared official.
n. In accordance with the following
provisions, the host racing association or licensee shall distribute the net
pool to the holders of valid tickets that correctly selected the combination of
first-place, second-place, and third-place place finishers that generated the
top three highest points totals through the designated races or rounds
comprising the 123racing Pick-n Wager as follows, unless otherwise approved by
the host racing commission:
(1) Sixty percent
of the net amount in the pari-mutuel pool subject to distribution among winning
ticket holders shall be distributed to the holder of the pari-mutuel ticket
with the wager which has the highest fantasy points totals after all races have
been completed.
(2) Thirty percent
of the net amount in the pari-mutuel pool subject to distribution among winning
ticket holders shall be distributed to the holder of the pari-mutuel ticket
with the wager which has the second-highest points totals after all races have
been completed.
(3) Ten percent of
the net amount in the pari-mutuel pool subject to distribution among winning
ticket holders shall be distributed to the holder of the pari-mutuel ticket
with the wager which has the third-highest points totals after all races have
been completed.
(4) If there are
two pari-mutuel wagers that equal the highest points totals after all races
have been completed, ninety percent of the net amount in the pari-mutuel pool
subject to distribution shall be distributed to those ticket holders. Ten
percent of the net amount in the pari-mutuel pool subject to distribution among
winning ticket holders shall be distributed to the holders of pari-mutuel
tickets with wagers which have the third-highest points totals after all races
have been completed.
(5) If there
are three pari-mutuel wagers that equal the highest points totals after all
races have been completed, one hundred percent of the net amount in the
pari-mutuel pool subject to distribution shall be distributed to those ticket
holders.
(6) If one pari-mutuel
ticket wager scores the highest points totals, and two or more pari-mutuel
tickets wagers equal the second-highest points totals after all races have been
completed, sixty percent of the net amount in the pari-mutuel pool subject to
distribution shall be distributed to the highest-scoring ticket holder, and
forty percent of the net amount in the pari-mutuel pool subject to distribution
among winning ticket holders shall be distributed to the holders of pari-mutuel
tickets which have the second-highest points totals after all races have been
completed.
(7) If one pari-mutuel
ticket wager scores the highest points totals, one pari-mutuel ticket wager
scores the second-highest points totals, and two or more pari-mutuel ticket
wagers score the third-highest points totals after all races have been
completed, then sixty percent of the net amount in the pari-mutuel pool subject
to distribution shall be distributed to the highest-scoring ticket holder,
thirty percent of the net amount in the pari-mutuel pool subject to
distribution among winning ticket holders shall be distributed to the
second-highest scoring ticket holder, and ten percent of the net amount in the
pari-mutuel pool subject to distribution among winning ticket holders shall be
distributed to the holders of pari-mutuel tickets which have the third-highest
points totals.
o. Should
circumstances occur which are not addressed by these rules, questions arising
thereby shall be resolved in accordance with general pari-mutuel practice.
Decisions regarding distribution of the 123racing Pick-n Wager pool made by the
commission are final.
6.
Tote-X win.
a. The Tote-X
wagering platform uses a conventional pari-mutuel betting system and a separate
pari-mutuel pool to allow ticket holders to wager among themselves on the
results of individual races. However, at the time the bet is placed on a
selected race through the Tote-X platform, the customer is allocated a fixed
number of redeemable units ("RUs") based upon the then-current odds of the
horse being wagered upon using proprietary algorithms. The algorithms are
applied uniformly to all wagers in the pool. These RUs are then held within the
Tote-X platform specific to that bettor. When the odds of the horses in that
race change after the initial wager is placed, the value of the issued RUs
fluctuates in accordance with the change in odds. The customer may then choose
to redeem all or part of their RUs for the current cash value of the RUs at any
time prior to the close of wagering on the selected race. The Tote-X platform
calculates the final pool by combining all bets made into the Tote-X win pool
on a given event and then deducting commission, refunds, redemption payouts,
and applicable taxes and fees.
b.
For each Tote-X win pool:
(1) All bets are
placed into the Tote-X win pool for a specific race.
(2) A valid Tote-X ticket or unique
electronic identifier shall be evidence of a binding contract between the
holder of the ticket and the host racing association or licensee, and shall
constitute an acceptance of Tote-X provisions and rules contained in this
chapter.
(3) Official program
numbers must be used for all Tote-X wagers. All players are responsible for
ensuring each wager is placed correctly.
(4) The odds calculations for Tote-X are
performed on the same basis as for a conventional pari-mutuel pool. In the
Tote-X platform, the proprietary mathematical algorithms will then
automatically recalculate the RU values for each horse after each transaction
or batch of transactions (bet or redemption), reflecting the change in the
current Tote-X pool odds.
(5) The
Tote-X proprietary algorithms shall be applied uniformly to all wagers in the
pool.
(6) As approved by the
commission, the host racing association or licensee may opt to cap the maximum
odds on all Tote-X payouts.
(7) A
Tote-X wager on a coupled entry or field is considered a wager on the remaining
part of the coupled entry or field as determined by the rules of the live
corresponding race.
(8) The
customer may choose to redeem all or part of their RUs for their then-current
value at any time prior to the close of the relevant pool if a horse or
combination of horses has not been excused by the stewards or declared a
nonstarter and the pool operator has not otherwise suspended the capacity for
ticket holders to redeem their wagers.
(9) A Tote-X wager may not be rescinded once
it has been purchased other than through proper redemption of RUs in accordance
with these rules.
(10) A redemption
requires the customer to surrender all or part of the underlying wager. In the
event of a redemption of all RUs issued for a specific wager, the original
wager shall be surrendered in its entirety. In the event of a partial
redemption of the RUs issued for a specific wager, the original wager will be
surrendered in proportion to the percentage of RUs being redeemed;
(11) Subsequent to the deduction from the
pool of each redemption payout, the remainder of the funds in the pool shall
constitute the new value of all RUs which are available for subsequent
redemptions. Thereafter, those RUs which are not redeemed prior to the closure
of the pool constitute the net pool for distribution as payoff to ticket
holders of wagers following a race being declared "official".
(12) Once the Tote-X win pool is closed prior
to the race, ticket holders may no longer redeem any of their RUs.
(13) Each customer holding a successful bet
after the race is declared "official" is entitled to collect according to the
relevant final odds.
(14) From each
redemption and final pool payout a commission shall be deducted by the host
racing association or licensee in accordance with state law.
(15) The commission and its distribution for
the Tote-X wager shall be approved by the commission.
c. Notwithstanding any language to the
contrary, the funds remaining in the Tote-X win pool following the payment of
redemptions prior to the closure of the pool constitute the net pool for the
purpose of distribution as payoff to winning ticket holders.
d. Any funds remaining after the closing of
the Tote-X win pool will be distributed as payoff to the winning ticket holders
in the same manner as a win pool pursuant to subsection 2.
e. Notwithstanding subsection 20 or any
language to the contrary contained in this chapter, if, after wagering has
commenced on a race, a horse not coupled with another as a betting interest is
excused by the stewards or declared a nonstarter, an amount based on the
then-current odds as represented by the current value of the RUs on such horse
shall be deducted from the pools and refunded upon presentation and surrender
of affected pari-mutuel tickets or unique electronic identifier. If more than
one horse represents a single betting interest by reason of coupling as a
mutuel entry or mutuel field, such single betting interest being the sole
subject of a wager, then there may be no refund unless all of the horses
representing such single betting interest as excused by the stewards or
declared a nonstarter, or both.
f.
Notwithstanding subsection 21 or any language to the contrary contained in this
chapter, if, after wagering has commenced on a race, the race is thereafter
canceled or declared a "no race" by the stewards, and no redemptions have
occurred prior to such, then all wagering thereon shall be refunded upon
presentation and surrender of affected pari-mutuel tickets or unique electronic
identifier. However, if one or more redemptions have occurred prior to the
stewards canceling or declaring a "no race", then all wagering thereon shall be
refunded at the then-current odds, as represented by the current value of the
RUs, at the time of cancellation upon presentation and surrender of affected
pari-mutuel tickets or unique electronic identifier.
g. Notwithstanding subsection 22 or any
language to the contrary contained in this chapter, in the event of an
irreparable breakdown of the totalizator system during the wagering on a race,
all Tote-X wagering thereon shall be refunded at the then-current odds, as
represented by the current value of the RUs, at the time of irreparable
breakdown upon presentation and surrender of affected pari-mutuel tickets or
unique electronic identifier.
h.
Notwithstanding section
69.5-01-08-05 or any language to
the contrary contained in this chapter, there is no minimum payoff for a Tote-X
redemption. However, any distribution made after closing of the Tote-X win pool
shall be subject to the minimum payoff provisions of section
69.5-01-08-05.
i. Should circumstances occur which are not
addressed by these rules, questions arising therefrom shall be resolved in
accordance with general pari-mutuel practice. Decisions regarding distribution
of the Tote-X pool made by the stewards are final.
7.
Tournament wager.
a. The tournament wager is a separate
pari-mutuel pool wager established by the licensee on a designated number of
races. The gross pool consists of the total amount wagered for the multiple
race bet. Winning wagers are determined by the highest points totals earned
after all races have been completed. It is not a parlay and has no connection
with or relation to other pools conducted by the licensee other than the
utilization of live race payouts as a means of calculating players'
points.
b. A valid tournament wager
ticket is evidence of a binding contract between the holder of the ticket and
the association, and constitutes an acceptance of tournament wager provisions
and rules contained in this chapter.
c. A tournament wager ticket may not be
retracted within two hours of post time except in accordance with previously
published rules. A tournament wager ticket may be canceled only with the
approval of the licensee.
d. A
licensee may establish a minimum and maximum number of entries per tournament.
If the minimum number of entries are not received, the licensee may cancel and
refund all wagers in that tournament. The minimum entries for each tournament
must be published in advance of the opening of the tournament.
e. A licensee may limit the number of entries
per player. The maximum entries per player for each tournament must be
published in advance of the opening of the tournament.
f. A tournament wager may be given a
distinctive name by the licensee, subject to commission approval.
g. Tournament wagers must be conducted as
follows:
(1) Mythical win/place and
win/place/show tournament:
(a) Players select
one or more primary betting interests for each designated tournament race in
accordance with published tournament rules.
(b) Players may select an alternate betting
interests in accordance with published tournament rules. If there is a scratch
of the player's primary selection, the alternate will be substituted. If there
is also a scratch of the player's alternate selection, or if no alternate
selection has been made, the selection will default to the remaining betting
interest with the best post time odds as determined by win pool odds.
(c) Players accrue earnings based on the
actual pari-mutuel win, place, or show payouts for any correct selections,
determined from tote payouts, based on a mythical win/place or win/place/show
wager of a dollar value established by the licensee in advance of the contest.
The licensee may establish maximum mythical earnings in advance of the opening
of the contest. As an example, for a two-dollar win/place/show tournament, the
maximum payout may be forty-two dollars for a successful win selection,
twenty-two dollars for a successful place selection, and twelve dollars for a
successful show selection.
(d)
Should there be a tie in earnings in the contest, ties will be broken in
accordance with the following procedures:
[1]
The entry with the most number of winners selected will win the tie, if a tie
still remains, then;
[2] The entry
selecting the horse with the highest mutuel win payout will win the tie, if a
tie still remains, then;
[3] The
entry with the most number of place horses selected will win the tie, if a tie
still remains, then;
[4] The entry
with the highest mutuel place payout will win the tie, if a tie still remains,
then;
[5] The entry with the most
number of show (third place finishers that did not win or place) horses
selected will win the tie, if a tie still remains, then; and
[6] The winning entry will be determined by a
random draw among eligible entries.
(e) A licensee may provide qualification for
future or online tournaments for the entry based on their final ranking,
including any tie breakers. Such an offering must be included in the tournament
rules published in advance of the opening of the tournament.
(f) Pari-mutuel distributions are made at the
conclusion of the tournaments that are based on the pari-mutuel distribution
schedule published by the licensee in advance of the opening of the
tournament.
(2) Survivor
tournament:
(a) Players select one primary
betting interest for each designated tournament race. Players remain in the
tournament if the player's betting interest finishes in a win, place, or show
position. A player may remain in a tournament if the player's betting interest
finishes in third position where show wagering has been canceled by the track
if provided by published tournament rules. Players whose betting interest does
not finish win, place, or show must be eliminated from the tournament. If no
players select a betting interest finishing win, place, or show in a designated
tournament race, the licensee may continue the tournament to the next race with
all then remaining players if provided by published tournament rules.
(b) Players may select an alternate betting
interest. If there is a scratch of the player's primary selection, the
alternate will be substituted. If there is also a scratch of the player's
alternate selection, or if no alternate selection has been made, the selection
will default to the remaining betting interest with the best post time odds as
determined by win pool odds.
(c)
Players earn one point per correct selection of a betting interest finishing in
a win, place, or show position as determined by existence of a pari-mutuel
payout for that position.
(d) If
the size of the field or other circumstances produce only win/place or only win
payouts, only those horses will be considered to be correct selections for the
purposes of scoring.
(e) In the
discretion of the licensee, tiebreakers may be applied in survivor tournaments
pursuant to the terms published in advance of the opening of the
tournament.
(f) Pari-mutuel
distributions are made at the conclusion of the tournaments that are based on
the pari-mutuel distribution schedule published by the licensee in advance of
the opening of the contest.
(3) Exacta box tournament:
(a) Players select three primary betting
interests for each designated tournament race.
(b) Players may select an alternate betting
interest for each of their three primary selections. If there is a scratch of
the player's primary selection, the alternate will be substituted. If there is
also a scratch of the player's alternate selection, or if no alternate
selection has been made, the selection will default to the remaining betting
interest with the best post time odds as determined by win pool odds.
(c) Players accrue earnings based on the
actual pari-mutuel exacta payout for any correct selections regardless of
order, determined from tote payouts, based on a mythical exacta wager of a
dollar value established by the licensee in advance of the contest. The
licensee may establish maximum mythical earnings in advance of the opening of
the contest.
(d) In the discretion
of the licensee, tiebreakers may be applied in exacta box tournaments pursuant
to the terms published in advance of the opening of the tournament.
(e) Pari-mutuel distributions are made at the
conclusion of the tournaments that are based on the pari-mutuel distribution
schedule published by the licensee in advance of the opening of the
contest.
h. A
fantasy wager on a coupled entry or field is considered a wager on the
remaining part of the coupled entry or field as determined by the rules of the
live corresponding race.
i.
Earnings or points for dead heats will be determined by the payouts of the live
corresponding race.
j. The takeout
and its distribution for the tournament wager shall be set and approved by the
host regulatory commission.
k. All
tickets must be refunded if all races comprising the tournament wager are
canceled or declared as a no contest. The entire pool must be refunded if less
than seventy percent of the tournament's designated races remain.
l. After wagering closes on the first race
comprising the tournament wager, the tournament is deemed closed and no entry
ticket may be sold, exchanged, or canceled. No person shall be determined to
hold a winning tournament wager ticket until the last designated race has been
declared official.
m. The licensee
shall distribute the net pool to the holders of valid tickets that correctly
selected the combination of finishers that generated the highest fantasy
earnings or points totals through the designated races/rounds comprising the
tournament wager. In advance of the opening of the tournament, the licensee
shall submit a payout schedule to the racing commission for approval providing
the number of places to be paid and the percentage of payout for each place.
Approved payout schedules must be published in advance of the opening of the
tournament to which they apply.
n.
Should circumstances occur which are not addressed by these rules, questions
arising thereby must be resolved in accordance with general pari-mutuel
practice. Decisions regarding distribution of the tournament wager pool made by
the commission are final.
8.
Refunds. Unless otherwise
provided, after wagering has commenced, if a horse not coupled with another as
a betting interest is excused by the stewards or is prevented from racing
because of failure of the starting gate door to open properly, the wagers on
such horse must be deducted from the pools, and refunded upon presentation and
surrender thereof. If more than one horse represents a single betting interest
by reason of coupling as a mutuel entry or mutuel field, such single betting
interest being the sole subject of a wager or part of a combination then there
may be no refund unless all of the horses representing such single betting
interest are excused by the stewards or are prevented from racing because of
failure of the starting gate doors to open properly, or both.
9.
Race canceled. If for any
reason a race is canceled or declared "no race" by the stewards after wagering
has commenced on such race, then all wagering thereon must be refunded upon
presentation and surrender of pari-mutuel tickets thereon; except as otherwise
provided.
10.
Totalizator
breakdown. In the event of an irreparable breakdown of the totalizator
during the wagering on a race, the wagering on that race must be declared
closed and the payoff must be computed on the sums wagered in each pool up to
the time of the breakdown. If the odds can be displayed and communicated
publicly, betting may continue.
General Authority: NDCC 53-06.2-05
Law Implemented: NDCC 53-06.2-06, 53-06.2-10,
53-06.2-10.1, 53-06.2-11