N.J. Admin. Code § 13:70-29.50

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:70-29.50 - Daily triple

(a) The Daily Triple pari-mutuel pool is not a parlay and has no connection with or relation to any other pari-mutuel pool conducted by the association, nor to any win, place and show pool shown on the totalisator board, nor to the rules governing the distribution of such other pools.

(b) A valid Daily Triple ticket shall be evidence of a binding contract between the holder of the ticket and the racing association, and said ticket shall constitute an acceptance of Daily Triple provisions and N.J.A.C. 13:70-29.

(c) A Daily Triple may be given a distinctive name to be selected by the association conducting such races, such as Win 3, subject to the prior approval of the Commission.

(d) The Daily Triple pari-mutuel pool shall consist of amounts contributed for a selection for win only in each of the three consecutive races designated by the association with the prior approval of the Commission. Each person purchasing a Daily Triple ticket shall designate the winning horse in each of the three races comprising the Daily Triple.

(e) Those horses constituting an entry of coupled horses or those horses coupled to constitute the field in a race comprising the Daily Triple shall race as a single wagering interest for the purpose of the Daily Triple pari-mutuel pool calculations and payouts to the public. However, if any part of either an entry or the field racing as a single interest is a starter in a race, the entry or the field selection shall remain as the designated selection to win in that race for the Daily Triple calculation, and the selection shall not be deemed a scratch.

(f) The net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among the holders of tickets which correctly designate the winners in all three races comprising the Daily Triple.

(g) If no ticket is sold combining the three winners of the Daily Triple, the net amount in the pari-mutuel pool shall be distributed among the holders of tickets which include the winners of at least two of the three races comprising the Daily Triple.

(h) If no ticket is sold combining at least two winners of the Daily Triple, the net amount in the pari-mutuel pool shall be distributed among holders of tickets which include the winner of any one race comprising the Daily Triple.

(i) If no ticket is sold that would require distribution of the Daily Triple pool to a winner pursuant to (f) through (h) above, the association shall make a complete and full refund of the Daily Triple pool.

(j) If for any reason one or two of the races comprising the Daily Triple are cancelled, the net amount of the pari-mutuel pool shall be distributed as provided in (g), (h), and (i) above.

(k) When the condition of the turf course warrants a change of racing surface in the second or third legs of the pick three races and such change has not been made known to the betting public prior to the close of wagering for the pick three pool, the stewards shall declare the leg(s) a "no contest" for pick-three wagering purposes, and the pool shall be distributed in accordance with (j) above.

(l) The following pertains to scratches and consolations:

1. In the event a betting entry is scratched (which as used in this subsection includes being excused or determined by the stewards to be a non-starter in the race) from any leg of the daily triple prior to the start of the first leg, all bets containing such scratched betting entry shall be refunded and not calculated into the gross pool. Coupled entries and fields are only considered "scratched" for purposes of this subsection in accordance with (e) above.

2. Regarding consolations:

i. In the event a betting entry is scratched in the second leg after the start of the first leg, a consolation payoff shall be computed for those bets combining the winners of the first and third legs with such scratched horse as follows:

(1) From the gross pool shall be deducted the statutory take-out and then the amounts represented by bets on combinations involving all entries scratched from the third leg (reduced by the rate of statutory take-out thereon).

(2) The resulting remainder shall be divided by the amounts bet on the combination of such first and third leg winners with all betting entries in the second leg (less breaks) to determine the consolation price per dollar payable to those bets combining winners of the first and third legs with an entry scratched in the second leg.

(3) The breaks shall not be deducted from the pool.

ii. In the event a betting entry is scratched in the third leg after the start of the first leg, a consolation payoff shall be computed for those bets combining the winners of the first and second legs with such scratched horse as follows:

(1) From the gross pool shall be deducted the statutory take-out and then the amounts represented by bets on combinations involving all entries scratched from the second leg (reduced by the rate of statutory take-out thereon).

(2) The resulting remainder shall be divided by the amounts bet on the combination of such first and second leg winners with all betting entries in the third leg (less breaks) to determine the consolation price per dollar payable in those bets combining winners of the first and second legs with an entry scratched in the third leg.

(3) The breaks shall not be deducted from the pool.

iii. In the event betting entries are scratched in both the second and third legs after the start of the first leg, a consolation payoff shall be computed for those bets combining the winner of the first leg with such scratched horses in both the second and third legs as follows:

(1) From the gross pool shall be deducted the statutory take-out.

(2) The remainder shall be divided by the amounts bet on the winner of the first leg combined with all other entries (less breaks) to determine the consolation price per dollar payable in those bets combining the winner of the first leg with entries scratched in both the second and third legs.

(3) The breaks shall not be deducted from the pool.

(m) If any of the daily triple races result in a dead heat, the payoff will be figured the same as a place pool, that is: first the regulation commission is deducted, then the total amount wagered on the winning combination is deducted, leaving the profit which is divided equally between the holders of the winning combinations.

(n) No pari-mutuel ticket for the Daily Triple pool shall be sold, exchanged or cancelled after the time of the closing of wagering in the first of the three races comprising the Daily Triple, except for such refunds on Daily Triple tickets as required by this rule, and no persons shall disclose the number of tickets sold in the Daily Triple pool or the number or amount of tickets selecting winners of Daily Triple races until such time as the Stewards have determined the last race comprising the Daily Triple to be official. At the conclusion of the second of the three races comprising the Daily Triple, an association may, with the prior approval of the Commission, display potential distributions to ticket holders depending upon the outcome of the third race of the Daily Triple.

(o) This section shall be prominently displayed throughout the betting area of the track and printed copies shall be made available by the track to patrons upon request.

N.J. Admin. Code § 13:70-29.50

As amended, R.1982 d.183, effective 6/21/1982.
See: 14 New Jersey Register 91(a), 14 New Jersey Register 661(a).
Repealed.
New Rule, R.1988 d.396, effective 8/15/1988.
See: 20 New Jersey Register 1173(a), 20 New Jersey Register 2070(b).
Amended by R.1993 d.366, effective 7/19/1993.
See: 25 New Jersey Register 1671(a), 25 New Jersey Register 3238(a).
Amended by R.1995 d.211, effective 4/17/1995.
See: 27 New Jersey Register 306(a), 27 New Jersey Register 1642(a).
Amended by R.2000 d.261, effective 6/19/2000.
See: 32 New Jersey Register 1159(a), 32 New Jersey Register 2248(a).
Rewrote (k); and added (n).
Amended by R.2003 d.488, effective 12/15/2003.
See: 35 New Jersey Register 3461(a), 35 New Jersey Register 5548(b).
Added a new (k); recodified former (k) through (n) as (l) through (o).