Section 71 IAC 9-4-17 - Pentafecta wageringAuthority: IC 4-31-3-9
Affected: IC 4-31
Sec. 17.
(a) The pentafecta wager requires selection of the first five (5) finishers, in their exact order, for a single contest.(b) Winnings shall be distributed as follows: (1) The net pentafecta pool shall be distributed to winning wagers in the following order, based on the official order of finish:(A) As a single price pool, including any applicable carryover, to those whose combination finished in correct sequence as the first five (5) betting interests.(B) If there are no wagers as outlined in clause (A), then the entire net pool shall be carried over to the next corresponding pentafecta pool.(C) If the contest race is cancelled, declared no contest, or the pentafecta is cancelled, all pentafecta wagers will be refunded for that contest and any carryover from previous contests will be carried over to the next corresponding pentafecta pool.(D) If any betting interest is scratched or officially withdrawn, all pentafecta wagers with the scratched betting interest shall be refunded and deducted from the pentafecta pool.(2) On the last pentafecta race on the final day of the meeting, the net pool, including any applicable carryover, shall be distributed to winning wagers in the following order, based upon the official order of finish: (A) As a single price pool to those whose combination finished in correct sequence as the first five (5) betting interests.(B) If there are no wagers as described in clause (A), then as a single price pool to those whose combination finished in correct sequence as the first four (4) betting interests.(C) If there are no wagers as described in clause (A) or (B), then as a single price pool to those whose combination included, in correct sequence, the first three (3) betting interests.(D) If there are no wagers as described in clause (A), (B), or (C), then as a single price pool to those whose combination included, in correct sequence, the first two (2) betting interests.(E) If there are no wagers as described in clause (A), (B), (C), or (D), then as a single price pool to those whose combination correctly selected the first-place betting interest only.(F) If there are no wagers as described in clause (A), (B), (C), (D), or (E), then the entire pool shall be refunded on pentafecta wagers for that contest and any carryover from previous contests will be carried over to the first corresponding pool of the subsequent race meet.(c) If for any reason the pentafecta carryover must be held over to the corresponding pentafecta pool of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the commission and maintained by the permit holder. The pentafecta carryover plus accrued interest shall then be added to the net pentafecta pool of the following meet on a date and performance so designated by the commission.(d) If fewer than five (5) betting interests finish and the contest is declared official, payoffs will be made based upon the order of finish of those betting interests completing the contest. The balance of any selection on any ticket beyond the number of betting interests completing the contest shall be ignored. If the pools are being distributed under subsection (b)(1)(A), any previous pentafecta contest's carryover will not be included in the payoff and will be retained for the next contest's carryover. This contest's net pentafecta pool will be distributed using the method described in subsection (b)(1)(A).(e) If there is a dead heat in any finishing position, all wagers selecting either of the dead heated positions with the correct nondead heated positions shall be winners and share in the single prize.(f) In the event that more than one (1) component of a coupled entry or mutuel field finishes within the first five (5) positions, the first member of the coupled entry or mutuel field to finish shall determine the position of the single betting interest. The net pool shall be distributed to those whose selection included the coupled entry or mutuel field and each of the other four (4) betting interests.Readopted filed 8/28/2019, 1:23 p.m.: 20190925-IR-071190319RFAEmergency rule filed 3/2/2021, 3:10 p.m.: 20210310-IR-071210076ERAReadopted filed 7/6/2023, 1:50 p.m.: 20230802-IR-071230371RFAReadopted filed 8/3/2023, 12:49 p.m.: 20230830-IR-071230428RFA