Current through all regulations passed and filed through September 16, 2024
(A) The team wager pool requires selection of
a designated "team" in each of a designated number of contests. Winning bets
shall be determined based upon the official order of finish in each contest and
the standing of each team with respect to the official order of finish. For
purposes of the team wager, finishers from the same team shall be bracketed
together to determine a single betting interest, as set forth in paragraph (C)
of this rule.
(B) Prior to the
start of the contests that comprise the team wager, all participants in each of
the contests shall be divided by the association between or among each of the
team wager teams, and the roster of each team made public, as well as the
number of points to be awarded to the team whose member is the first finisher
in a designated contest, the second finisher, and so forth until no more points
are awarded in that contest.
(C)
At the conclusion of all contests that comprise the team wager, the number of
points for each team shall be compiled, and the team with the most points shall
be declared the "winning team."
(D) The team wager pool shall be apportioned
under either of the following methods:
(1)
Winning margins team wager:
(a) In the
"winning margins team wager", the total number of points awarded in the team
wager shall be divided by the association into a series of brackets comprised
of a series of point ranges ("winning margin") by which one team (team A) might
defeat the other team (team B); a series of point ranges by which team B might
defeat team A; and a tie between the teams. Each bracket shall constitute a
separate betting interest in the winning margins team wager.
(b) The net winning margins team wager pool
shall be distributed as a single price pool to those who selected the correct
bracket. If there are no wagers selecting the correct bracket, the entire pool
shall be refunded.
(c) Example:
points are assigned to each of the first four finishers in each contest [four
points for the first finisher down to one point for the fourth finisher, for a
total of ten points awarded in each contest, based upon the official order of
finish, with a total of six contests in the team wager, resulting in a total of
sixty points in all. The brackets could be designated as: team A's winning
margin is one to ten points; eleven to twenty points; twenty-one to thirty
points; thirty-one to forty points; forty-one to fifty points; fifty-one to
sixty points. Team B's winning margin is one to ten points; eleven to twenty
points; twenty-one to thirty points; thirty-one to forty points; forty-one to
fifty points; fifty-one to sixty points. The two teams tie, and the margin is
zero points. In this example, there are thirteen separate betting interests.
If, in this example, finishers representing team A come in first and third in
one contest, and finishers representing team B come in second and fourth in
that contest, team A would have four plus two equals six points and team B
would have three plus one equals four points. The current winning margin (after
this first contest) would be team A by two points.)
(2) Team double wager:
(a) In the "team double wager", the
commission shall approve two different methods of determining the winning
tickets qualifying for a share of the net pool.
(b) The commission shall also approve the
manner of apportioning the net team double wager pool, and the conditions under
which the pool shall be refunded or otherwise apportioned if there are no
winning wagers.
(c) Example: a
"daily-double"-style pool consisting of having to correctly select the bracket
of the winning margin, as above, as well as a bracket based upon and including
the total points achieved by the winning team.
(E) Brackets:
(1) The brackets may be comprised of the
margins by which the winning team defeats the team that finishes second; the
total number of points achieved by the winning team; or other method of
determining the brackets, as approved by the commission.
(2) Such factors as the number of teams in
the team wager; the method by which teams are designated; the number of points
to be awarded in each contest; the number of contests comprising the team
wager; and the method by which the "brackets" constituting each betting
interest in the team wager are designated, shall all be subject to approval of
the commission.
(F)
Coupled entries; fields. With approval of the commission, coupled entries may
be permitted in contests comprising the team wager, but may only participate as
part of the same team. With approval of the commission, fields may be permitted
in contests comprising the team wager, but may only participate as part of the
same team.
(G) Dead heat. If there
is a dead heat including any finisher(s) for which points are awarded in the
team wager, the total amount of points in the dead heat positions shall be
combined and divided equally amongst the betting interests that have finished
in the dead heat.
(H) Scratches:
(1) Should an entry in any contest of the
team wager be scratched or excused from the contest, all money wagered on
combinations including this entry shall remain in the team wager pool and the
ticket holder may still collect the monetary value of any distribution
evidenced by the ticket containing the scratched betting interest.
(2) If, due to a scratch or excused entry,
the number of entries assigned to a team in a contest of the team wager is
reduced to fewer than the number of positions in the final order of finish for
which the team is eligible to receive points, for purposes of the team wager
pool such contest shall be declared "no contest" and wagers involving any
betting interests that are no longer capable of being achieved shall be
refunded.
R.C. 119.032 review dates:
11/29/2013 and
09/11/2018
Promulgated
Under: 119.03
Statutory Authority: 3769.03
Rule
Amplifies: 3769.03
Prior Effective Dates:
1/1/09
