Current through all regulations passed and filed through September 16, 2024
(A) The pick (n) position (x) pool requires
selection of the first (x) finishers, in their exact positions, in each of a
designated number of (n) contests. For example, in a four position pool (x
equals four), the bettor chooses four finishers in each contest. If the bettor
has chosen one, two, three and four, and the actual finishers are four, two,
three, and one, the bettor has correctly chosen two positions, (the second and
third place finishers).
(C) Unless otherwise stated, the major share
of the net pick (n) position (x) pool, (hereafter known as "position (x) pool")
shall be distributed as a single price pool to those who selected all (x)
finishers, in exact position, in a minimum specified number of positions in the
(n) contests (considered as a whole) that comprise the position (x) pool, based
upon the official order of finish. The minimum specified number of positions
may be all (x) positions in all (n) contests (for instance, four positions in
each of six contests, for a total of twenty-four positions) or a lessor
specified number (for instance, twenty-two or more accurate positions within
the six contests taken as a whole.)
(D) The pick (n) position (x) pool shall be
apportioned under one of the following methods:
(1) Method one, position (x) with no minor
pool and no carryover:
(a) The net position
(x) pool shall be distributed in accordance with the method for distributing
the major share as described in paragraph (B) of this rule.
(b) If there are no wagers qualifying for the
major share, the net position (x) pool shall be distributed as a single price
pool to those who correctly selected finishers, in exact position, in the
greatest number positions in position (x) contests.
(c) If there are no winning wagers, the
entire pool shall be refunded on position (x) wagers for those contests.
(2) Method two,
position (x) with no minor pool and carryover instead of a refund:
(a) The net position (x) pool shall be
distributed in accordance with the method for distributing the major share as
described in paragraph (B) of this rule.
(b) If there are no wagers qualifying for the
major share, the net position (x) pool and the carryover shall be distributed
as a single price pool to those who correctly selected finishers, in exact
position, in the greatest number of positions in position (x) contests.
(c) If there are no winning
wagers, the net position (x) pool shall be added to the carryover.
(3) Method three, position (x)
with no minor pool and carryover:
(a) The net
position (x) pool shall be distributed in accordance with the method for
distributing the major share as described in paragraph (B) of this rule.
(b) If there are no wagers
qualifying for the major share, the net position (x) pool shall be added to the
carryover.
(4) Method
four, position (x) with minor pool and no carryover:
(a) The major share of the net position (x)
pool shall be distributed in accordance with the method for distributing the
major share as described in paragraph (B) of this rule.
(b) The minor share of the net position (x)
pool shall be distributed as a single price pool to those who correctly
selected finishers, in exact position, in the greatest number of positions in
position (x) contests (but less than the number of positions qualifying for the
major share), based upon the official order of finish.
(c) If there are no wagers qualifying for the
major share, the major share of the net position (x) pool shall be combined
with the minor share for distribution as a single price pool to those who
correctly selected finishers, in exact position, in the greatest number of
positions in position (x) contests.
(d) If there are no wagers correctly
selecting any finishers, in exact position, in position (x) contests, other
than winners of the major share of the net position (x) pool, the minor share
of the net position (x) pool shall be combined with the major share for
distribution as a single price pool to those who qualified for the major share.
(e) If there are no winning
wagers, the pool shall be refunded on position (x) wagers for those contests.
(5) Method five,
position (x) with minor pool and carryover:
(a) The major share of the net position (x)
pool shall be distributed in accordance with the method for distributing the
major share as described in paragraph (B) of this rule.
(b) The minor share of the net position (x)
pool shall be distributed as a single price pool to those who correctly
selected finishers, in exact position, in the greatest number of positions in
position (x) contests (but less than the number of positions qualifying for the
major share), based upon the official order of finish.
(c) If there are no wagers qualifying for the
major share, the minor share of the net position (x) pool shall be distributed
as a single price pool to those who correctly selected finishers, in exact
position, in the greatest number of positions in position (x) contests, and the
major share shall be added to the carryover.
(d) If there are no wagers correctly
selecting any finishers, in exact position, other than winners of the major
share of the net position (x) pool, the minor share of the net position (x)
pool shall be combined with the major share for distribution as a single price
pool to those who qualified for the major share, or if there are no such
winning wagers, added to the carryover.
(6) Method six, position (x) with minor
pool(s) and carryover:
(a) The major share of
the net position (x) pool shall be distributed in accordance with the method
for distributing the major share as described in paragraph (B) of this rule.
(b) A principal minor share of the
net position (x) pool may be designated, and distributed as a single price
pool, to t hose who correctly selected finishers, in exact position, in the
greatest number of position in position (x) contests (but less than the number
of positions qualifying for the major share), based upon the official order of
finish.
(c) Additional minor
shares of the net position (x) pool may be designated, and distributed as
single price pools, to those who correctly selected the designated number, or
range, of finishers, in exact position, in position (x) contests (but less than
the number of positions qualifying for the major share), based upon the
official order of finish.
(d)
Those qualifying for the principal minor share may also qualify for one of the
additional minor shares. When this occurs, the two unbroken prices shall be
summed before surcharging or rounding the prices for breakage. For example:
(i) Suppose there are five dollars of wagers
correctly selecting twelve positions, three dollars of wagers selecting
thirteen positions, and two dollars of wagers selecting fourteen positions, and
fourteen is the greatest number of positions correctly selected.
(ii) Suppose that the principal minor share
of the net pool is twenty-thousand dollars and sixteen cents. Further, one of
the other minor shares is designated for a range of twelve to fifteen
positions, and this share of the net pool is ten-thousand dollars and eighty
cents. (These amounts are chosen only to illustrate the following steps.)
(iii) Then the principal minor
share is divided among those selecting fourteen positions, and the other minor
share is divided among all the wagers selecting twelve, thirteen, and fourteen
positions, so the fourteen-position winners receives the sum of two winning
prices.
(iv) The principal minor
share twenty-thousand dollars and sixteen cents divided among the two dollars
of fourteen position winners yields an unbroken price of ten-thousand dollars
and eight cents per dollar, and the other minor share ten-thousand dollars and
eighty cents divided among the ten dollars of twelve, thirteen and fourteen
position winners yields an unbroken price of one-thousand dollars and eight
cents per dollar.
(v) The sum
ten-thousand dollars and eight cents plus one-thousand dollars and eight cents
equals eleven-thousand dollars and sixteen cents is the combined unbroken price
for choosing fourteen finishers.
(vi) If the rounding for breakage is to the
next lower ten cents, the final broken prices are eleven-thousand dollars for
fourteen finishers, and one-thousand for twelve or thirteen finishers.
(e) The commission
shall approve the number of minor shares, and the designated number, or range,
of finishers, in exact position, in position (x) contests qualifying as the
winning selection in any such minor share.
(f) If there are no wagers qualifying for the
major share, the major share shall be added to the carryover. If there are no
wagers qualifying for a designated minor share, the minor share of the net
position (x) pool shall be combined with the major share for distribution as a
single price pool to those who qualified for the major share, or if there are
no such winning wagers, added to the carryover.
(7) Method seven, position (x) with minor
pools(s) based upon any one contest, and no carryover:
(a) The major share of the net position (x)
pool shall be distributed as a single price pool to those who selected all (x)
finishers, in exact position, in each (or a specified minimum number) of the
position (x) contests, based upon the official order of finish.
(b) The minor shares of the net position (x)
pool shall be distributed as single price pools to those (including recipients
of the major share of the net position (n) pool) who selected all (x)
finishers, in exact position, in at least one of the position (x) contests,
based upon the official order of finish, as follows:
(c) There may be separate minor pools for
those who selected all (x) finishers, in exact positions of finish, in the most
position (x) contests, those who selected all (x) finishers, in exact positions
of finish, in the second most position (x) contests, and so forth down to those
who selected all (x) finishers, in exact positions of finish, in one position
(x) contest. Not all such minor shares need to be designated for the wager.
(d) If there are no wagers
qualifying for the major share, the major share of the net position (x) pool
shall be combined with the highest level minor share for distribution as a
single price pool. If there are no wagers qualifying for a designated minor
share of the net position (x) pool, that minor share shall be combined with the
next lower minor share for distribution as a single price pool.
(e) If there are no winning wagers, the pool
is refunded.
(8) Method
eight, position (x) with minor pool(s) based upon any one contest, and
carryover:
(a) The major share of the net
position (x) pool and the carryover, if any, shall be distributed as a single
price pool to those who selected all (x) finishers, in exact position, in each
(or a specified minimum number) of the position (x) contests, based upon the
official order of finish.
(b) The
minor shares of the net position (x) pool shall be distributed as single price
pools to those (including recipients of the major share of the net position (x)
pool) who selected all (x) finishers, in exact position, in at least one of the
position (x) contests, based upon the official order of finish, as follows:
(c) There may be separate minor
pools for those who selected all (x) finishers, in exact positions of finish,
in the most position (x) contests, those who selected all (n) finishers, in
exact positions of finish, in the second most position (x) contests, and so
forth down to those who selected all (x) finishers, in exact positions of
finish, in one position (x) contest. Not all such minor shares need to be
designated for the wager.
(d) If
there are no wagers qualifying for the major share, the major share shall be
added to the carryover.
(e) If
there are no wagers selecting all finishers, in exact position, in a number of
the position (x) contests that qualify for a designated minor share, that minor
share of the net position (n) pool shall also be added to the carryover.
(9) Method nine,
position (x) with minor pool(s) based upon any one contest, and carryover:
(a) The major share of the net position (x)
pool and the carryover, if any, shall be distributed as a single price pool to
those who selected all (x) finishers, in exact position, in each (or a
specified minimum number) of the position (x) contests, based upon the official
order of finish.
(b) The minor
shares of the net position (x) pool shall be distributed as single price pools
to those (including recipients of the major share of the net position (x) pool)
who selected all (x) finishers, in exact position, in at least one of the
position (x) contests, based upon the official order of finish:
(c) There may be separate minor pools for
those who selected all (x) finishers, in exact positions of finish, in the most
position (x) contests, those who selected all (x) finishers, in exact positions
of finish, in the second most position (x) contests, and so forth down to those
who selected all (x) finishers, in exact positions of finish, in one position
(x) contest. Not all such minor shares need to be designated for the wager.
(d) If there are no wagers
qualifying for the major share, the major share shall be added to the
carryover.
(e) If there are no
wagers selecting all finishers, in exact position, in a number of the position
(x) contests that qualify for a designated minor share, that minor share of the
position (x) pool shall be added to the next lower minor share of the position
(x) pool. If there is no lower designated minor share of the position (x) pool,
the minor share shall also be added to the carryover.
(10) Method ten, position (x) with minor pool
based upon any one contest, and carryover; one hundred per cent carryover if no
winning wagers:
(a) The major share of the
net position (x) pool and the carryover, if any, shall be distributed as a
single price pool to those who selected all (x) finishers, in exact position,
in each (or a specified minimum number) of the position (x) contests, based
upon the official order of finish.
(b) The minor share of the net position (x)
pool shall be distributed as a single price pool based upon the sum of the
dollar value of wagers, for each of the position (x) contests considered
separately, in which all (x) finishers, in exact position, were correctly
selected, based upon the official order of finish. The minor share of the net
position (x) pool shall be distributed as a single price pool to those
(including recipients of the major share of the net position (x) pool) who
selected all (x) finishers, in exact position, in one or more of the position
(x) contests. Each recipient of a minor share shall receive an amount equal to
the single price times the number of position (x) contests in which the
recipient correctly selected the winning combination.
(c) If there are no wagers qualifying for the
major share, the major share shall be added to the carryover. If there are no
winning wagers, the minor share shall also be added to the carryover.
(E)
Apportionment of net position (x) pool between major and minor pools: The
commission shall approve the method of apportioning the net position (x) pool
between winners of the major share of the position (x) pool and winners of the
minor share(s) of the position (x) pool. Example; (utilizing method eight): A
four position pool (x equals four) consisting of five contests (n equals five.)
The major share goes to those who correctly choose all twenty positions. Assume
the commission has approved three minor shares: The highest minor share goes to
those who have picked all positions, in exact order, in four of the contests.
The next minor share goes to those who have picked all positions, in exact
order, in three of the contests. The final minor share goes to those who have
picked all positions, in exact order, in one or two of the contests. One
apportionment of payouts could be forty per cent of the net position (x) pool
for the major share, and twenty per cent of the net position (x) pool for each
of the three minor shares. Another apportionment of payouts could be fifty per
cent of the net position (x) pool for the major share, twenty-five per cent for
the highest minor share, fifteen per cent to the next minor share, and ten per
cent to the final minor share.
(F)
Dead heats. In the event of a dead heat in any of the position (x) contests,
based upon the official order of finish:
(1)
For 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.
(2) Each share of the net position
(x) pool shall be distributed as a single price pool regardless of dead heats.
(G) Scratches.
(1) If, due to a late scratch, the number of
betting interests in a contest of the position (x) pool is reduced to fewer
than (x), for purposes of the position (x) pool only, such contests shall be
declared "no contest" and the position (x) pool shall be subject to the rules
set forth in paragraph (H) of this rule ("cancelled contests").
(2) Should a betting interest in any contest
of the position (x) pool be scratched or excused from the contest, no more
wagers shall be accepted selecting that scratched contestant.
(3) Existing wagers that select a scratched
betting interest shall be handled under one of the following methods. The
commission shall make its determination of which of these alternatives shall
apply at the time of approving the wagering pool, which alternative shall
remain in effect until and unless changed by the commission.
(a) Method one, substitute a higher
contestant number:
(i) The next higher live
contestant number that is not already part of the wager shall be substituted
for the scratched contestant number. If no higher contestant number is
eligible, the search shall then proceed upward from contestant number one.
(ii) If a wager selects more than
one scratched contestant for a contest, the substitutions shall begin with the
lowest scratched contestant number in the wager and proceed in order to the
highest.
(iii) Substitution shall
be performed on the basis of single wagers, regardless of whether a wager was
placed as part of any type of multiple wager format such as "box" or "wheel."
(iv) The totalizator shall produce
reports showing each of the wagering combinations with substituted contestants
which became winners as a result of the substitution, in addition to the normal
winning combination.
(b) Method two, substitute favorite
contestant number:
(i) The actual favorite,
as evidenced by total amounts wagered in the win pool at the close of wagering
on that contest, shall be substituted for the scratched contestant for all
purposes, including a pool calculations.
(ii) If the win pool total for two or more
favorites is identical, the substitute selection shall be the contestant with
the lowest contestant number not already selected in the wager as part of the
contest.
(iii) If such favorite
has already been selected in the wager as part of the contest, the next
favorite(s) shall be used, as evidenced by the total amounts wagered in the win
pool, ordered from the highest amount to the lowest.
(iv) If a wager selects more than one
scratched contestant for a contest, the substitutions shall begin with the
lowest scratched contestant number in the wager and proceed in order to the
highest.
(v) Substitution shall be
performed on the basis of single wagers, regardless of whether a wager was
placed as part of any type of multiple wager format such as "box" or "wheel."
(vi) The totalizator shall produce
reports showing each of the wagering combinations with substituted contestants
which became winners as a result of the substitution, in addition to the normal
winning combination.
(c) Method three, scratched contestant wins.
(i) The scratched contestant is deemed to be
a correct selection of a winning finisher, for purposes of the position x pool
only.
(ii) The totalizator shall
produce reports showing each of the wagering combinations which became winners
as a result of the scratch contestants, in addition to the normal winning
combination.
(d) Method
four, scratched contestant loses.
(i) The
scratched contestant is deemed to be a loser, for purposes of the position x
pool only.
(ii) Other correctly
selected finishers in a wager shall continue to count toward winning, as usual.
(H) Cancelled contests.
(1) If any of the position (x) contests are
cancelled or declared "no contest" prior to the first position (x) contest
being declared official, the entire position (x) pool shall be refunded on
position (x) wagers for those contests.
(2) If all remaining position (x) contests
are cancelled or declared "no contest" after the first position x contest is
declared official, the entire net position (x) pool, but not the position (x)
carryover, shall be distributed as a single price pool to wagers selecting the
winning combination in the first position (x) contest. However, if there are no
wagers selecting the winning combination in the first position (x) contest, the
entire position (x) pool shall be refunded on position x wagers for those
contests.
(3) If any of the
remaining position x contests are cancelled or declared "no contest" after the
firs position (x) is declared official, the net position (x) pool shall be
distributed in accordance with rules governing distribution of the minor shares
where there is no winner of the major share. If there is more than one minor
share, the entire net position (x) pool, but not the position (x) carryover,
shall be divided amongst the minor shares, in accordance with paragraph (E) of
this rule (apportionment), in proportion to the designated percentages, of by
some other method approved by the commission.
(4) If any of the remaining position (x)
contests are cancelled or declared "no contest" after the first position (x) is
declared officials, and the net position (x) pool has been designated for
distribution in accordance with paragraph (J) of this rule (mandatory
distribution), the rules governing mandatory distribution shall apply.
(J) Mandatory distribution.
(1) A written request for permission to
distribute the position (x) carryover on a specific performance may be
submitted 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 association must notify
the commission at least ten days prior to implementation. If the position (x)
pool cannot be distributed during a designated performance, the mandatory
distribution shall resume on the next approved mandatory distribution
performance.
(2) If the position
(x) carryover is designated for distribution on a specified date and
performance, and if there are no wagers qualifying for the major share, then
the following precedence shall be followed in determining winning wagers for
the net position (x) pool and the carryover pool:
(a) If the method chosen in paragraph (C) of
this rule, is method seven to ten, then:
(b) The major share and the position (x)
carryover shall be distributed as a single price pool to those who selected all
(x) finishers, in exact position, in the most individual position n contests,
based upon the official order of finish. Designated minor shares may still be
awarded;
(c) If the method chosen
in paragraph (C) of this rule is one to six, then:
(d) The major share and the position (x)
carryover shall be distributed as a single price pool to those who correctly
selected the most finishers, in their exact positions, in the position (n)
contests, based upon the official order of finish. Designated minor shares may
still be awarded.
(e) If there are
no wagers which qualified for distribution of the major share, then all
position (x) tickets shall become winners and share one hundred per cent of
that performance's net position (x) pool and the position (x) carryover pool as
a single price pool.
(3) The position (x) carryover shall be
designated for distribution on a specified date and performance only under the
following circumstances:
(a) Upon written
approval from the commission as provided in paragraph (I) of this rule.
(b) Upon written approval from the
commission when there is a change in the carryover cap or when the position (x)
wager is discontinued.
(c) On the
closing performance of the meet.
(4) If, for any reason, the position (x)
carryover must be held over to the corresponding position (x) pool of a
subsequent meet, the carryover shall be deposited in an interest bearing
account approved by the commission. The position (x) carryover plus accrued
interest shall then be added to the net position (x) pool of the following meet
on a date and performance so designated by the commission.
(K) Coupled entries and mutuel
fields.
(1) Coupled entries and mutuel fields
may be permitted in position x contests with the written approval of the
commission.
(2) Contestants
coupled in wagering as a coupled entry or mutuel field shall be considered part
of a single betting interest for the purpose of price calculations and
distribution of position (x) pools. Should any contestant in a coupled entry or
mutuel field be officially withdrawn or scratched, the remaining contestants in
that coupled entry or mutuel field shall remain valid betting interests and no
refunds will be granted. If all contestants within a coupled entry or mutuel
field are scratched, then paragraph (G) ("scratches") of this rule shall apply.
(3) For the purpose of position
(x) price calculations only, coupled entries and mutuel fields shall be
calculated as a single finishing contestant, using the finishing position of
the leading contestant in that coupled entry or mutuel field to determine order
of placing. This rule shall apply to all circumstances, including situations
involving a dead heat. For example, if the actual order of finish in a contest
is 1/2/1a/3/4, then the finishers used for that contest of the position (x)
would be 1/2/3/4.