(a) General - (i) All permitted pari-mutuel wagering pools shall be separately and independently calculated and distributed. Takeout shall be deducted from each gross pool as stipulated by law. The remainder of the monies in the pool shall constitute the net pool for distribution as payoff on the winning wagers.
- (ii) For each wagering pool, the amount wagered on the winning betting interest or betting combinations is deducted from the net pool to determine the profit; the profit is then divided by the amount wagered on the winning betting interest or combinations, such quotient being the profit per dollar.
- (iii) Either the standard or net price calculation procedure may be used to calculate single commission pools, while the net price calculation procedure must be used to calculate multi-commission pools.
PRICE SPLIT (PLACE POOL)
Profit is net pool less gross amount bet on all place finisher. Finishers split profit 1/2 and 1/2 (place profit), then divide by gross amount bet on each place finisher for two unique prices.
PROFIT SPLIT (SHOW POOL)
Profit is net pool less gross amount bet on all show finishers. Finishers split profit 1/3 and 1/3 and 1/3 (show profit), then divide by gross amount bet on each show finisher for three unique prices.
Net price calculation procedure:
| gross pool | = sum of wagers on all betting interest - refunds |
| * for each source: | |
| net pool | = gross pool x (1 - percent takeout) |
| net bet on winner | = gross amount bet on winner x (1 - percent takeout) |
| total net pool | = sum of all sources net pools |
| total net bet on winner | = sum of all sources net bet on winner |
| total profit | = total net pool - total net bet on winner |
| profit per dollar | = total profit/total net bet on winner |
| $1 unbroken base price | = profit per dollar + $1 |
* for each source: unbroken $1 price = $1 unbroken base price x (1 - percent takeout)
PROFIT SPLIT (PLACE POOL)
Total profit is the total net pool less the total net amount bet on all place finishers. Finishers split total profit 1/2 and 1/2 (place profit), then divide by total net amount bet on each place finisher for two unique unbroken base prices.
PROFIT SPLIT (SHOW POOL)
Total profit is the total net pool less the total net amount bet on all show finishers. Finishers split total profit 1/3 and 1/3 and 1/3 (show profit), then divide by total net amount bet on each show finisher for three unique unbroken base prices.
- (iv) If a profit split results in only one covered winning betting interest or combinations it shall be calculated the same as a single price pool.
- (v) Minimum payoffs and the method used for calculating breakage shall be established by the Commission.
- (vi) The individual pools outlined in these rules may be given alternative names by each Permittee, provided prior approval is obtained from the Commission.
(b) Win Pools - (i) The amount wagered on the betting interest which finishes first is deducted from the net pool, the balance remaining betting the profit; the profit is divided by the amount wagered on the betting interest finishing first, such quotient being the profit per dollar wagered to Win on that betting interest.
- (ii) The net Win pool shall be distributed as a single price pool to winning wagers in the following precedence, based upon the official order of finish:
- (A) To those whose selection finished first; but if there are no such wagers, then
- (B) To those whose selection finished second; but if there are no such wagers, then
- (C) To those whose selection finished third; but if there are no such wagers, then
- (D) The entire pool shall be refunded on Win wagers for that contest.
- (iii) If there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, the Win pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interests, the Win pool shall be distributed as a profit split.
WIN POOL
| Sum of Wagers on All Betting Interests = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: Sum of Wagers on All Betting Interest - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Net Pool: Gross Pool x (1 - Percent Takeout) | $158,188.66 |
| Gross Amount Bet on Winner = | $23,872.00 |
| Profit: | |
| Net Pool - Gross Amount Bet on Winner = | $134,316.66 |
| Profit Per Dollar: Profit/Gross Amount Bet on Winner = | $5.6265357 |
| $1 Unbroken Price: Profit Per Dollar + $1 = | $6.6265357 |
(c) Place Pools - (i) The amounts wagered to Place on the first two betting interests to finish are deducted from the net pool, the balance remaining being the profit; the profit is divided into two equal portions, one being assigned to each winning betting interest and divided by the amount wagered to Place on that betting interest, the resulting quotient is the profit per dollar wagered to Place on that betting interest.
- (ii) The net Place pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) If contestants of a coupled entry or mutuel field finished in the first two places, as a single price pool to those who selected the coupled entry or mutuel field; otherwise
- (B) As a profit split to those whose selection is included within the first two finishers; but if there are not such wagers on one of those two finishers; then
- (C) As a single price pool to those who selected the one covered betting interest included within the first two finishers; but if there are no such wagers, then
- (D) As a single price pool to those who selected the third-place finisher, but if there are no such wagers, then
- (E) The entire pool shall be refunded on Place wagers for that contest.
- (iii) If there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, the Place pool shall be distributed as a single price pool.
- (B) Contestants representing two or more betting interests, the Place pool shall be distributed as a profit split.
- (iv) If there is a dead heat for second involving:
- (A) Contestants representing the same betting interest, the Place pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interest, the Place pool is divided with one-half (1/2) of the profit distributed to Place wagers on the betting interest finish first and the remainder is distributed equally amongst Place wagers on those betting interest involved in the dead heat for second.
PLACE POOL
| Sum of Wagers on All Betting Interest = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: | |
| Sum of Wagers on All Betting Interest - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Net Pool: Gross Pool x (1 - Percent Takeout) | $158,188.66 |
| Gross Amount Bet on 1st place finisher = | $23,872.00 |
| Gross Amount Bet on 2nd place finisher = | $12,500.00 |
| Profit: | |
| Net Pool - Gross Amount Bet on 1st Place Finisher | |
| Net Pool - Gross Amount Bet on 2nd Place Finisher = | $121,816.66 |
| Place Profit: Profit / 2 = | $60,908.33 |
| Profit Per Dollar for 1st place: | |
| Place Profit/Gross Amount Bet on 1st place finisher = | $2.5514548 |
| $1 Unbroken Price for 1st place: | |
| Profit Per Dollar for 1st place + $1 = | $3.5514548 |
| Profit per Dollar for 2nd place: | |
| Place Profit/Gross Amount Bet on 2nd place finisher = | $4.8726665 |
| $1 Unbroken Price for 2nd place: | |
| Profit Per Dollar for 2nd place + $1 = | $5.8726664 |
(d) Show Pools - (i) The amounts wagered to Show on the first three betting interests to finish are deducted from the net pool, the balance remaining being the profit; the profit is divided into three equal portions, one being assigned to each winning betting interest and divided by the amount wagered to Show on that betting interest, the resulting quotient being the profit per dollar wagered to Show on that betting interest.
- (ii) The net Show pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) If contestants of a coupled entry or mutuel field finished in the first three places, as a single price pool to those who selected the coupled entry or mutuel field; otherwise
- (B) If contestants of a coupled entry or mutuel field finished as two of the first three finishers, the profit is divided with two-thirds (2/3) distributed to those who selected the couple entry or mutuel field and one-third (1/3) distributed to those who selected the other betting interest included within the first three finishers; otherwise
- (C) As a profit split to those whose selection is included within the first three finishers; but if there are no such wagers on one of those three finishers, then
- (D) As a profit split to those who selected one of the two covered betting interest included within the first three finishers; but if there are no such wagers on two of those three finishers, then
- (E) As a single price pool to those who selected the one covered betting interest included within the first three finishers; but if there are no such wagers, then
- (F) As a single price pool to those who selected the fourth-place finisher; but if there are no such wagers, then
- (G) The entire pool shall be refunded on Show wagers for that contest.
- (iii) If there is a dead heat for first involving:
- (A) Two contestants representing the same betting interest, the profit is divided with two-thirds (2/3) distributed to those who selected the first-place finishers and one-third (1/3) distributed to those who selected the betting interest finishing third.
- (B) Three contestants representing a single betting interest, the Show pool shall be distributed as a single price pool.
- (C) Contestants representing two or more betting interest, the Show pool shall be distributed as a profit split.
- (iv) If there is a dead heat for second involving:
- (A) Contestants representing the same betting interest, the profit is divided with one-third (1/3) distributed to those who selected the betting interest finishing first and two-thirds (2/3) distributed to those who selected the second-place finishers.
- (B) Contestants representing two betting interest, the Show pool shall be distributed as a profit split.
- (C) Contestants representing three betting interest, the Show pool is divided with one-third (1/3) of the profit distributed to Show wagers on the betting interest finishing first and the remainder is distributed equally amongst Show wagers on those betting interests involved in the dead heat for second.
- (v) If there is a dead heat for third involving:
- (A) Contestants representing the same betting interest, the Show pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interest, the Show pool is divided with two-thirds (2/3) of the profit distributed to Show wagers on the betting interests finishing first and second and the remainder is distributed equally amongst Show wagers on those betting interests involved in the dead heat for third.
SHOW POOL
| Sum of Wagers on All Betting Interests = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: Sum of Wagers on All Betting Interest - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Net Pool: Gross Pool x (1 - Percent Takeout) | $158,188.66 |
| Gross Amount Bet on 1st place finisher = | $23,872.00 |
| Gross Amount Bet on 2nd place finisher = | $12,500.00 |
| Gross Amount Bet on 3rd place finisher = | $4,408.00 |
| Profit: | |
| Net Pool - Gross Amount Bet on 1st Place Finisher | |
| Net Pool - Gross Amount Bet on 2nd Place Finisher | |
| Net Pool - Gross Amount Bet on 3rd Place Finisher = | $117,408.66 |
| Show Profit: Profit / 3 = | $39,136.22 |
| Profit Per Dollar for 1st place: | |
| Show Profit/Gross Amount Bet on 1st place finisher = | $1.6394194 |
| $1 Unbroken Price for 1st place: | |
| Profit Per Dollar for 1st place + $1 = | $2.6394194 |
| Profit per Dollar for 2nd place: | |
| Show Profit/Gross Amount Bet on 2nd place finisher = | $3.1308876 |
| $1 Unbroken Price for 2nd place: | |
| Profit Per Dollar for 2nd place + $1 = | $4.1308976 |
| Profit Per Dollar for 3rd place: | |
| Show Profit/Gross Amount Bet on 3rd Place finisher = | $8.8784528 |
| $1 Unbroken Price for 3rd place: | |
| Profit Per Dollar for 3rd place + $1 = | $9.8784528 |
SHOW POOL
Single Takeout Rate & Single Betting Source
| Sum of Wagers on All Betting Interests = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: Sum of Wagers on All Betting Interest - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Total Net Pool: Gross Pool x (1 - Percent Takeout) = | $158,188.66 |
| Gross Amount Bet on 1st place finisher = | $23,872.00 |
| Net Amount Bet on 1st place finisher = | $19,575.04 |
| Gross Amount Bet on 2nd place finisher = | $12,500.00 |
| Net Amount Bet on 2nd place finisher = | $10,250.00 |
| Gross Amount Bet on 3rd place finisher = | $4,408.00 |
| Net Amount Bet on 3rd place finisher = | $3,614.56 |
| Total Net Bet on Winners: | |
| Net Amount Bet on 1st place finisher + | |
| Net Amount Bet on 2nd place finisher + | |
| Net Amount Bet on 3rd place finisher = | $33,439.60 |
| Total Profit: | |
| Total Net Pool - Total Net Bet on Winner = | $124,749.06 |
| Show Profit: Total Profit /3 = | $41,583.02 |
| Profit Per Dollar for 1st place: | |
| Show Profit/Net Amount Bet on 1st place finisher = | $2.1242879 |
| $1 Unbroken Base Price for 1st place: | |
| Profit Per Dollar for 1st place + $1 = | $3.1242879 |
| $1 Unbroken Price for 1st place: | |
| $1 Unbroken base Price for 1st place x (1 - percent takeout) | $2.5619161 |
| Profit Per Dollar for 2nd place: | |
| Show Profit/Net Amount Bet on 2nd place finisher = | $4.0568800 |
| $1 Unbroken Base Price 2nd place: | |
| Profit Per Dollar for 2nd place + $1 = | $5.0568800 |
| $1 Unbroken Price for 2nd place: | |
| $1 Unbroken Base Price for 2nd place x (1 - percent takeout) = | $4.1466416 |
| Profit Per Dollar for 3rd place: | |
| Show Profit/Net Amount bet on 3rd place finisher = | $11.504310 |
| $1 Unbroken Base Price for 3rd place: | |
| Profit Per Dollar for 3rd place + $1 = | $12.504310 |
| Unbroken Price for 3rd place: | |
| $1 Unbroken Base Price for 3rd place x (1 - percent takeout) = | $10.253534 |
(e) Double Pools - (i) The Double requires section of the first-place finisher in each of two specified contests.
- (ii) The net Double pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) As a single price pool to those whose selection finished first in each of the two contest; but if there are no such wagers, then
- (B) As a profit split to those who selected the first-place finisher in either of the two contests; but if there are no such wagers, then
- (C) As a single price pool to those who selected the one covered first-place finisher in either contest; but if there are no such wagers, then
- (D) As a single price pool to those whose selection finished second in each of the two contests but if there are no such wagers, then
- (E) The entire pool shall be refunded on Double wagers for those contests.
- (iii) If there is a dead heat for first in either of the two contests involving:
- (A) Contestants representing the same betting interest, the Double pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interest, the Double pool shall be distributed as a profit split if there is more than one covered winning combination.
- (iv) Should a betting interest in the first-half of the Double be scratched prior to the first Double contest being declared official, all money wagered on combinations including the scratched betting interest shall be deducted from the Double pool and refunded.
- (v) Should a betting interest in the second-half of the Double be scratched prior to the close of wagering on the first Double contest, all money wagered on combinations including the scratched betting interest shall be deducted from the Double pool and refunded.
- (vi) Should a betting interest in the second-half of the Double be scratched after the close of wagering on the first Double contest, all wagers combining the winner of the first contest with the scratched betting interest in the second contest shall be allocated a consolation payoff. In calculating the consolation payoff the net Double pool shall be divided by the total amount wagered on the winner of the first contest and an unbroken consolation price obtained. The broken consolation price is multiplied by the dollar value of wagers on the winner of the first contest combined with the scratched betting interest to obtain the consolation payoff. Breakage is not utilized in this calculation. The consolation payoff is deducted from the net Double pool before calculation and distribution of the winning Double payoff. Dead heats including separate betting interests in the first contest shall result in a consolation payoff calculated as a profit split.
- (vii) If either of the Double contests are cancelled or declared "no contest" after the conclusion of the first Double contest, the net Double pool shall be distributed as a single price pool to wagers selecting the winner of the first Double contest. In the event of a dead heat involving separate betting interests, the net Double pool shall be distributed as a profit split.
DOUBLE POOL
| Sum of Wagers on All Betting Interests = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: Sum of wagers on All Betting Interests - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Net Pool: Gross Pool x (1 - Percent Takeout) = | $158,188.66 |
| Gross Amount Bet on Winning Combination = | $23,872.00 |
| Profit: Net Pool - Gross Amount Bet on Winning Combination = | $134,316.66 |
| Profit Per Dollar: Profit/Gross Amount Bet on Winning Combination = | $5.6265357 |
| $1 Unbroken Price: Profit Per Dollar + $1 = | 6.6265357 |
CONSOLATION DOUBLE POOL
| Sum of Wagers on All Betting Interests = | $194,230.00 |
| Refunds = | $1,317.00 |
| Gross Pool: Sum of Wagers on All Betting Interest - Refunds = | $192,913.00 |
| Percent Takeout = | 18% |
| Net Pool: Gross Pool x (1 - Percent Takeout) = | $158,188.66 |
| Consolation Pool: Sum Total Amount Bet on Winner of the first contest with all second contest betting interest = | $43,321.00 |
| $1 Consolation Unbroken Consolation Price: | |
| Net Pool/ Consolation Pool = | $3.6515468 |
| $1 Consolation Broken Price = | $3.65 |
| Amount Bet on winner of the first contest with scratched betting interests: | $1,234.00 |
| Consolation Liability: | |
| $1 Consolation Broken Price x (Amount bet on the winner of the first contest with scratched betting interests) = | $4,504.10 |
| Adjusted Net Pool: | |
| Net Pool - Consolation Liability = | $153,684.56 |
| Gross Amount Bet on the Winning Combination = | $23,872.00 |
| Profit: | |
| Adjusted Net Pool - Gross Amount Bet on the Winning Combination = | $129,812.56 |
| Profit Per Dollar: Profit/Gross Amount Bet on the Winning Combination = | $5.4378586 |
(f) Pick Three Pools - (i) The Pick Three requires selection of the first-place finisher in each of three specified contests.
- (ii) The net Pick Three pool shall be distributed to winning wagers in the following precedence, based upon the official order offinish:
- (A) As a single price pool to those whose selection finished first in each of the three contests; but if there are no such wagers, then
- (B) As a single price pool to those who selected the first-place finisher in any two of the three contests; but if there are no such wagers, then
- (C) As a single price pool to those who selected the first-place finisher in any one of the three contests; but if there are no such wagers, then
- (D) The entire pool shall be refunded on Pick Three wagers for those contests.
- (iii) If there is a dead heat for first in any of the three contests involving:
- (A) Contestants representing the same betting interest, the Pick Three pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interests, the Pick Three pool shall be distributed as a single price pool with each winning wager receiving an equal share of the profit.
- (iv) Should a betting interest in any of the three Pick Three contests be scratched, 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 betting interest for all purposes, including pool calculations. In the event that the Win pool total for two or more favorites is identical, the substitute selection shall be the betting interest with the lowest program number. The totalisator shall produce reports showing each of the wagering combinations with substituted betting interests which became winners as a result of the substitution, in addition to the normal winning combination.
- (v) If all three Pick Three contests are cancelled or declared "no contest", the entire pool shall be refunded on Pick Three wagers for those contests.
- (vi) If one or two of the Pick Three contests are cancelled or declared "no contest", the Pick Three pool will remain valid and shall be distributed in accordance with subsection 2 of this rule.
(g) Pick (n) Pools - (ii) The Pick (n) pool, shall be apportioned under one of the following methods:
- (A) Method 1, Pick (n) with Carryover, No Minor Pool: The net Pick (n) pool and carryover, if any, shall be distributed as a single price pool to those who selected the first-place finisher in each of the Pick (n) contests, based upon the official order of finish. If there are no such wagers, then a designated percentage of the net pool shall be distributed as a single price pool to those who selected the first-place finisher in the greatest number of Pick (n) contests; and the remainder shall be added to the carryover.
- (B) Method 2, Pick (n) with Minor Pool and Carryover: The major share of the net Pick (n) pool and the carryover, if any, shall be distributed to those who selected the first-place finisher in each of the Pick (n) contests, based upon the official order of finish. The minor share of the net Pick (n) pool shall be distributed to those who selected the first-place finisher in the second greatest number of Pick (n) contests, based upon the official order of finish. If there are no wagers selecting the first-place finisher of Pick (n) contests, the minor share of the net Pick (n) pool shall be distributed as a single price pool to those who selected the first-place finisher in the greatest number of Pick (n) contests; and the major share shall be added to the carryover.
- (C) Method 3, Pick (n) with No Minor Pool and No Carryover: The net Pick (n) pool shall be distributed as a single price pool to those who selected the first-place finisher in the greatest number of Pick (n) contests, based upon the official order of finish. If there are no winning wagers, the pool is refunded.
- (D) Method 4, Pick (n) with Minor Pool and No Carryover: The major share of the net Pick (n) pool shall be distributed to those who selected the first place finisher in the greatest number of Pick (n) contests, based upon the official order of finish. The minor share of the net Pick (n) pool shall be distributed to those who selected the first-place finisher in the second greatest number of Pick (n) contests, based upon the official order of finish. If the greatest number of the first-place finishers selected is one (1), the major and minor shares are combined for distribution as a single price pool. If there are no winning wagers, the pool is refunded.
- (E) Method 5, Pick (n) with Minor Pool and No Carryover: The major share of net Pick (n) pool shall be distributed to those who selected the first-place finisher in each of the Pick (n) contests, based upon the official order of finish. The minor share of the net Pick (n) pool shall be distributed to those who selected the first-place finisher in the second greatest number of Pick (n) contest, based upon the official order of finish. If there are no wagers selecting the first-place finisher in all Pick (n) contests, the entire net Pick (n) pool shall be distributed as a single price pool to those who selected the first-place finisher in the greatest number of Pick (n) contests. If there are no winning wagers, the pool is refunded.
- (iii) If there is a dead heat for first in any of the Pick (n) contests involving:
- (A) Contestants representing the same betting interest, the Pick (n) pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interests, the Pick (n) pool shall be distributed as a single price pool with each winning wager receiving an equal share of the profit.
- (iv) Should a betting interest in any of the Pick (n) contests be scratched, 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 betting interest for all purposes, including pool calculations. In the event that the Win pool total for two or more favorites is identical, the substitute selection shall be the betting interest with the lowest program number. The totalisator shall produce reports showing each of the wagering combinations with substituted betting interests which became winners as a result of the substitution, in addition to the normal winning combination.
- (v) The Pick (n) pool shall be cancelled and all Pick (n) wagers for the individual performance shall be refunded if:
- (A) At least two contests included as part of a Pick 3 are cancelled or declared "no contest".
- (B) At least three contests included as part of a Pick 4, Pick 5 or Pick 6 are cancelled or declared "no contest".
- (C) At least four contests included as part of a Pick 7, Pick 8 or Pick 9 are cancelled or declared "no contest".
- (D) At least five contests included as part of a Pick 10 are cancelled or declared "no contest".
- (E) At least five contests included as part of a pick 10 are cancelled or declared "no contest".
- (vi) If at least one contest included as part of a Pick (n) is cancelled or declared "no contest", but not more than the number specified in subsection (E) of this rule, the net pool shall be distributed as a single price pool to those whose selection finished first in the greatest number of Pick (n) contests for that performance. Such distribution shall include the portion ordinarily retained for the Pick (n) carryover but not the carryover from previous performances.
- (vii) The Pick (n) carryover may be capped at a designated level approved by the Commission so that if, at the close of a performance, the amount in the Pick (n) carryover equals or exceeds the designated cap, the Pick (n) carryover will be frozen until it is won or distributed under other provisions of this rule. After the Pick (n) carryover is frozen, 100 percent of the net pool, part of which ordinarily would be added to the Pick (n) carryover, shall be distributed to those whose selection finished first in the greatest number of Pick (n) contests for that performance.
- (viii) A written request for permission to distribute the Pick (n) carryover on a specific performance may be submitted to the Commission. The request must contain justification for the distribution, an explanation of the benefit to be derived, and the intended date and performance for the distribution.
- (ix) Should the Pick (n) carryover be designated for distribution on a specified date and performance in which there are no wagers selecting the first-place finisher in each of the Pick (n) contests, the entire pool shall be distributed as a single price pool to those whose selection finished first in the greatest number of Pick (n) contests. The Pick (n) 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 subsection viii of this rule.
- (B) On the closing performance of the meet or split meet.
- (x) If, for any reason, the Pick (n) carryover must be held over to the corresponding Pick (n) pool of subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the Commission. The Pick (n) carryover plus accrued interest shall then be added to the net Pick (n) pool of the following meet on a date and performance so designated by the Commission.
- (xi) With the written approval of the Commission, the Permittee may contribute to the Pick (n) carryover a sum of money up to the amount of any designated cap.
- (xii) 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 totalisator and pari-mutuel department employees for processing of pool data.
- (xiii) The Permittee may suspend, for a specific performance, previously-approved Pick (n) wagering with the prior approval of the Commission. Any carryover shall be held until the suspended Pick (n) wagering is reinstated. A Permittee may request approval of a Pick (n) wager or separate wagering pool for specific performances or events.
| Multiple Takeout Rates & Multiple Betting Sources |
| (Net Price Calculation) |
| Percent Takeout | Gross Pool | Gross Amt. Bet on Win | Net Pool | Net Amt. Bet on Win |
| Source 1: | | | | |
| 16% | $190,000.00 | $44.00 | $159,600.00 | $36.96 |
| | | | |
| Source 2: | | | | |
| 18.5% | $10,000.00 | $18.00 | $8,150.00 | $14.67 |
| | | | |
| Source 3: | | | | |
| 21% | $525,730.00 | $124.00 | $415,326.70 | $97.96 |
| | | | |
| TOTALS: | | | | |
| $725,730.00 | $186.00 | $583,076.70 | $149.59 |
| Total Profit: | |
| Total Net Pool - Total Net Bet on the Winning Combination = | $582,927.11 |
| Profit Per Dollar: | |
| Total Profit/Total Net Bet on the Winning Combination = | $3,896.8321 |
| $1 Unbroken Base Price: Profit Per Dollar + $1 = | $3,897.8321 |
| $1 Unbroken Price for Source 1: $1 Unbroken Base Price x (1 - Percent Takeout) = | $3,274.1789 |
| $1 Unbroken Price for Source 2: $1 Unbroken Base Price x (1 - Percent Takeout) = | $3,176.7331 |
| $1 Unbroken Price for Source 3: $1 Unbroken Base Price x (1 - Percent Takeout) = | $3,079.2873 |
| | |
(h) Quinella Pools - (i) The Quinella requires selection of the first two finishers, irrespective of order, for a single contest.
- (ii) The net Quinella pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) If contestants of a coupled entry or mutuel field finish as the first two finishers, as a single price pool to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish; otherwise
- (B) As a single price pool to those whose combination finished as the first two betting interests; but if there are no such wagers, then
- (C) As a profit split to those whose combination included either the first- or second-place finisher; but if there are no such wagers on one of those two finishers, then
- (D) As a single price pool to those whose combination included the one covered betting interest included within the first two finishers; but if there are no such wagers, then
- (E) The entire pool shall be refunded on Quinella wagers for that contest.
- (iii) If there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, the Quinella pool shall be distributed to those selecting the couple entry or mutuel field combined with the next separate betting interest in the official order of finish.
- (B) Contestants representing two betting interests, the Quinella pool shall be distributed as if no dead heat occurred.
- (C) Contestants representing three or more betting interest, the Quinella pool shall be distributed as a profit split.
- (iv) If there is a dead heat for second involving contestants representing the same betting interest, the Quinella pool shall be distributed as if no dead heat occurred.
- (v) If there is a dead heat for second involving contestants representing two or more betting interests, the Quinella pool shall be distributed to wagers in the following precedence, based upon the official order of finish:
- (A) As a profit split to those combining the winner with any of the betting interest involved in the dead heat for second; but if there is only one covered combination, then
- (B) As a single price pool to those combining the winner with the one covered betting interest involved in the dead heat for second; but if there are no such wagers, then
- (C) As a profit split to those combining the betting interests involved in the dead heat for second; but if there are no such wagers, then
- (D) As a profit split to those whose combination included the winner and any other betting interest and wagers selecting any of the betting interest involved in the dead heat for second; but if there are no such wagers, then
- (E) The entire pool shall be refunded on Quinella wagers for that contest.
(i) Quinella Double Pools - (i) The Quinella Double requires selection of the first two finishers, irrespective of order, in each of two specified contests.
- (ii) The net Quinella Double pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) If a coupled entry or mutuel field finishes as the first two contestants in either contest, as a single price pool to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish for that contest, as well as the first two finishers in the alternate Quinella Double contest; otherwise
- (B) As a single pool to those who selected the first two finishers in each of the two Quinella Double contests; but if there are no such wagers, then
- (C) As a profit split to those who selected the first two finishers in either of the two Quinella Double contests; but if there are no such wagers on one of those contests, then
- (D) As a single price pool to those who selected the first two finishers in the one covered Quinella Double contest; but if there were no such wagers, then
- (E) The entire pool shall be refunded on Quinella Double wagers for those contests.
- (iii) If there is a dead heat for first in either of the two Quinella Double contests involving:
- (A) Contestants representing the same betting interest, the Quinella Double pool shall be distributed to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish for that contest.
- (B) Contestants representing two betting interests, the Quinella Double pool shall be distributed as if no dead heat occurred.
- (C) Contestants representing three or more betting interests, the Quinella Double pool shall be distributed as a profit split.
- (iv) If there is a dead heat for second either of the Quinella Double contest involving contestants representing the same betting interests, the Quinella Double pool shall be distributed as profit split.
- (v) Should a betting interest in the first-half of the Quinella Double be scratched prior to the first Quinella Double contest being declared official, all money wagered on combinations including the scratched betting interest shall be deducted from the Quinella Double pool and refunded.
- (vi) Should a betting interest in the second-half of the Quinella Double be scratched prior to the close of wagering on the first Quinella Double contest, all money wagered on combinations including the scratched betting interest shall be deducted from the Quinella Double pool and refunded.
- (vii) Should a betting interest in the second-half of the Quinella Double be scratched after the close of wagering on the first Quinella Double contest, all wagers combining the winning combination in the first contest with a combination including the scratched betting interest in the second contest shall be allocated a consolation payoff.
In calculating the consolation payoff the net Quinella Double pool shall be divided by the total amount wagered on the winning combination in the first contest and an unbroken consolation price obtained. The unbroken consolation price is multiplied by the dollar value of wagers on the winning combination in the first contest combined with a combination including the scratched betting interest in the second contest to obtain the consolation payoff. Breakage is not utilized in this calculation. The consolation payoff is deducted from the net Quinella Double pool before calculation and distribution of the winning Quinella Double payoff. In the event of a dead heat involving separate betting interests, the net Quinella Double pool shall be distributed as a profit split.
- (viii) If either of the Quinella Double contests is cancelled prior to the first Quinella Double contest, or the first Quinella Double contest is declared "no contest", the entire Quinella Double pool shall be refunded on quinella Double wagers for those contests.
- (ix) If the second Quinella Double contest is cancelled or declared "no contest" after the conclusion of the first Quinella Double contest, the net Quinella Double pool shall be distributed as a single price pool to wagers selecting the winning combination in the first Quinella Double contest. If there are no wagers selecting the winning combination in the first Quinella Double contest, the entire Quinella Double pool shall be refunded on Quinella Double wagers for those contests.
(j) Exacta Pools - (i) The Exacta requires selection of the first two finishers, in their exact order, for a single contest.
- (ii) The net Exacta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) If contestants of a coupled entry or mutuel field finish as the first two finishers, as a single price pool to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish; otherwise
- (B) As a single price pool to those whose combination finished in correct sequence as the first two betting interest; but if there are no such wagers, then
- (C) As a profit split to those whose combination included either the first-place betting interest to finish first or the second-place betting interest to finish second; but if there are no such wagers on one of those two finishers, then
- (D) As a single price pool to those whose combination included the one covered betting interest to finish first or second in the correct sequence; but if there are no such wagers, then
- (E) The entire pool shall be refunded on Exacta wagers for that contest.
- (iii) If there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, the Exacta pool shall be distributed as single price pool to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish.
- (B) Contestants representing two or more betting interests, the Exacta pool shall be distributed as a profit split.
- (iv) If there is a dead heat for second involving contestants representing the same betting interest, the Exacta pool shall be distributed as if no dead heat occurred.
- (v) If there is a dead heat for second involving contestants representing two or more betting interests, the Exacta pool shall be distributed to ticket holders in the following precedence, based upon the official order of finish:
- (A) As a profit split to those combining the first-place betting interest with any of the betting interest involved in the dead heat for second; but if there is only one covered combination, then
- (B) As a single price pool to those combining the first-place betting interest with the one covered betting interest involved in the dead heat for second; but if there are no such wagers, then
- (C) As a profit split to those wagers correctly selecting the winner for first-place and those wagers selecting any of the dead-heated betting interests for second-place; but if there are no such wagers, then
- (D) The entire pool shall be refunded on Exacta wagers for that contest.
(k) Trifecta Pools - (i) The Trifecta requires selection of the first three finishers, in their exact order, for a single contest.
- (ii) The net Trifecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) As a single price pool to those whose combination finished in correct sequence as the first three betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (D) The entire pool shall be refunded on Trifecta wagers for that contest.
- (iii) If less than three 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 beyond the number of betting interests completing the contest shall be ignored.
- (iv) If there is a dead heat for first involving:
- (A) Contestants representing three or more betting interests, all of the wagering combinations selecting three betting interests which correspond with any of the betting interests involved in the dead heat shall share in a profit split.
- (B) Contestants representing two betting interests, both of the wagering combinations selecting the two dead-heated betting interests, irrespective of order, along with the third-place betting interest shall share in a profit split.
- (v) If there is a dead heat for second, all of the combinations correctly selecting the winner combined with any of the betting interests involved in the dead heat for second shall share in a profit split.
- (vi) If there is a dead heat for third, all wagering combinations correctly selecting the first two finishers, in correct sequence, along with any of the betting interests involved in the dead heat for third shall share in a profit split.
(l) Superfecta Pools - (i) The Superfecta requires selection of the first four finishers, in their exact order, for a single contest.
- (ii) The net Superfecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
- (A) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (D) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (E) The entire pool shall be refunded on Superfecta wagers for that contest.
- (iii) If less than four 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 beyond the number of betting interests completing the contest shall be ignored.
- (iv) If there is a dead heat for first involving:
- (A) Contestants representing four or more betting interests, all of the wagering combinations selecting four betting interests which correspond with any of the betting interests involved in the dead heat shall share in a profit split.
- (B) Contestants representing three betting interests, all of the wagering combinations selecting the three dead-heated betting interests, irrespective of order, along with the fourth-place betting interest shall share in a profit split.
- (C) Contestants representing two betting interests, both of the wagering combinations selecting the two dead-heated betting interests, irrespective of order, along with the third-place and fourth-place betting interests shall share in a profit split.
- (v) If there is a dead heat for second involving:
- (A) Contestants representing three or more betting interests, all of the wagering combinations correctly selecting the winner combined with any of the three betting interests involved in the dead heat for second shall share in a profit split.
- (B) Contestants representing two betting interests, all of the wagering combinations correctly selecting the winner, the two dead-heated betting interests, irrespective of order, and the fourth-place betting interest shall share in a profit split.
- (vi) If there is a dead heat for third, all wagering combinations correctly selecting the first two finishers, in correct sequence, along with any two of the betting interests involved in the dead heat for third shall share in a profit split.
- (vii) If there is a dead heat for fourth, all wagering combinations correctly selecting the first three finishers, in correct sequence, along with any of the betting interests involved in the dead heat for fourth shall share in a profit split.
- (viii) Coupled entries and mutuel fields shall be prohibited in Superfecta contests.
(m) Twin Quinella Pools - (i) The Twin Quinella requires selection of the first two finishers, irrespective of order, in each of two designated contests. Each winning ticket for the first Twin Quinella contest must be exchanged for a free ticket on the second Twin Quinella contest in order to remain eligible for the second-half Twin Quinella pool. Such tickets may be exchanged only at attended ticket windows prior to the second Twin Quinella contest. There will be no monetary reward for winning the first Twin Quinella contest. Both of the designated Twin Quinella contests shall be included in only one Twin Quinella pool.
- (ii) In the first Twin Quinella contest only, winning wagers shall be determined using the following precedence, based upon the official order of finish for the first Twin Quinella contest:
- (A) If a coupled entry or mutuel field finishes as the first two finishers, those who selected the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish shall be winners; otherwise,
- (B) Those whose combination finished as the first two betting interests shall be winners; but if there are no such wagers, then
- (C) Those whose combination included either the first- or second-place finisher shall be winners; but if there are no such wager on one of those two finishers, then
- (D) The entire pool shall be refunded on Twin Quinella wagers for that contest.
- (iii) In the first Twin Quinella contest only, if there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, those who selected the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish shall be winners.
- (B) Contestants representing two betting interests, the winning Twin Quinella wagers shall be determined as if no dead heat occurred.
- (C) Contestants representing three or more betting interests, those whose combination included any two of the betting interests finishing in the dead heat shall be winners.
- (iv) In the first Twin Quinella contest only, if there is a dead heat for second involving:
- (A) Contestants representing the same betting interest, those who selected the first-place finisher combined with the coupled entry or mutuel field in second-place shall be winners.
- (B) Contestants representing two or more betting interests, those who combined the first-place finisher with any of the betting interest involved in the dead for second shall be winners.
- (v) In the second Twin Quinella contest only, the entire net Twin Quinella pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish for the second Twin Quinella contest:
- (A) If a coupled entry or mutuel field finishes as the first two finishers, as a single price pool to those who selected the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish; otherwise
- (B) As a single price pool to those whose combination finished as the first two betting interests; but if there are no such wagers, then
- (C) As a profit split to those whose combination included either the first- or second-place finisher; but if there are no such wagers on one of those two finishers, then
- (D) As a single price pool to those whose combination included the one covered betting interest included within the first two finishers; but if there are no such wagers, then
- (E) In accordance with subsection (ii) of the Twin Quinella rules.
- (vi) In the second Twin Quinella contest only, if there is a dead heat for first involving:
- (A) Contestants representing the same betting interest, the net Twin Quinella pool shall be distributed to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish.
- (B) Contestants representing two betting interests, the net Twin Quinella pool shall be distributed as if no dead heat occurred.
- (C) Contestants representing three or more betting interests, the net Twin Quinella pool shall be distributed as profit split to those whose combination included any two of the betting interests finishing in the dead heat.
- (vii) In the second Twin Quinella contest only, if there is a dead heat for second involving:
- (A) Contestants representing the same betting interest, the net Twin Quinella pool shall be distributed as if no dead heat occurred.
- (B) Contestants representing two or more betting interests, the net Twin Quinella pool shall be distributed as a profit split to those who combined the first-place finisher with any of the betting interests involved in the dead heat for second.
- (viii) If a winning ticket for the first-half of the Twin Quinella is not presented for exchange prior to the close of betting on the second-half Twin Quinella contest, the ticket holder forfeits all rights to any distribution of the Twin Quinella pool resulting from the outcome of the second contest.
- (ix) Should a betting interest in the first-half of the Twin Quinella be scratched, those Twin Quinella wagers including the scratched betting interest shall be refunded.
- (x) Should a betting interest in the second-half of the Twin Quinella be scratched, an announcement concerning the scratch shall be made and a reasonable amount of time shall be provided for exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to the close of betting for the second Twin Quinella contest, the ticket holder forfeits all rights to the Twin Quinella pool.
- (xi) If either of the Twin Quinella contests is cancelled prior to the first Twin Quinella contest, or he first Twin Quinella contest is declared "no contest", the entire Twin Quinella pool shall be refunded on Twin Quinella wagers for that contest.
- (xii) If the second-half Twin Quinella contest is cancelled or declared "no contest" after the conclusion of the first Twin Quinella contest, the net Twin Quinella pool shall be distributed as a single price pool to wagers selecting the winning combination in the first Twin Quinella contest and all valid exchange tickets. If there are no such wagers, the net Twin Quinella pool shall be distributed as described in subsection (ii) of the Twin Quinella rules.
(n) Twin Trifecta Pools - (i) The Twin Trifecta requires selection of the first three finishers, in their exact order, in each of two designated contests. Each winning ticket for the first Twin Trifecta contest must be exchanged for a free ticket on the second Twin Trifecta contest in order to remain eligible for the second-half Twin Trifecta pool. Such tickets may be exchanged only at attended ticket windows prior to the second Twin Trifecta contest. Winning first-half Twin Trifecta wagers will receive both an exchange and a monetary payoff. Both of the designated Twin Trifecta contests shall be included in only one Twin Trifecta pool.
- (ii) After wagering closes for the first-half of the Twin Trifecta and commissions have been deducted from the pool, the net pool shall then be divided into separate pools: the first-half Twin Trifecta pool and the second-half Twin Trifecta pool.
- (iii) In the first Twin Trifecta contest only, winning wagers shall be determined using the following precedence, based upon the official order of finish for the first Twin Trifecta contest:
- (A) As a single price pool to those whose combination finished in correct sequence as the first three betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (D) The entire Twin Trifecta pool shall be refunded on Twin Trifecta wagers for that contests and the second-half shall be cancelled.
- (iv) If no first-half Twin Trifecta ticket selects the first three finishers of that contest in exact order, winning ticket holders shall not receive any exchange tickets for the second-half Twin Trifecta pool. In such case, the second-half Twin Trifecta pool shall be retained and added to any existing Twin Trifecta carryover pool.
- (v) Winning tickets from the first-half of the Twin Trifecta shall be exchanged for tickets selecting the first three finishers of the second-half of the Twin Trifecta. The second-half Twin Trifecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish for the second Twin Trifecta contest:
- (A) As a single price pool, including any existing carryover monies, to those whose combination finished in correct sequence as the first three betting interests; but if there are no such tickets, then
- (B) The entire second-half Twin Trifecta pool for that contest shall be added to any existing carryover monies and retained for the corresponding second-half Twin Trifecta pool of the next consecutive performance.
- (vi) If a winning first-half Twin Trifecta ticket is not presented for cashing and exchange prior to the second-half Twin Trifecta contest, the ticket holder may still collect the monetary value associated with the first-half Twin Trifecta pool but forfeits all rights to any distribution of the second-half Twin Trifecta pool.
- (vii) Should a betting interest in the first-half of the Twin Trifecta be scratched, those Twin Trifecta wagers including the scratched betting interest shall be refunded.
- (viii) Should a betting interest in the second-half of the Twin Trifecta be scratched, an announcement concerning the scratch shall be made and a reasonable amount of time shall be provided for exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to the close of betting for the second Twin Trifecta contest, the ticket holder forfeits all rights to the second-half Twin Trifecta pool.
- (ix) If, due to a late scratch, the number of betting interests in the second-half of the Twin Trifecta is reduced to fewer than the minimum, all exchange tickets and outstanding first-half winning tickets shall be entitled to the second-half Twin Trifecta pool for the contest as a single price pool, but not the Twin Trifecta carryover.
- (xi) If there is a dead heat or multiple dead heats in either the first- or second-half of the Twin Trifecta, all Twin Trifecta wagers selecting the correct order of finish, counting a betting interest involved in a dead heat as finishing in any dead-heated position, shall be a winner. In the case of a dead heat occurring in:
- (A) The first-half of the Twin Trifecta, the payoff shall be calculated as a profit split.
- (B) The second-half of the Twin Trifecta, the payoff shall be calculated as a single price pool.
- (xii) If either of the Twin Trifecta contests are cancelled prior to the first Twin Trifecta contest is declared "no contest", the entire Twin Trifecta pool shall be refunded on Twin Trifecta wagers for that contest and the second-half shall be cancelled.
- (xiii) If the second-half Twin Trifecta contest is cancelled or declared "no contest", all exchange tickets and outstanding first-half winning Twin Trifecta tickets shall be entitled to the net Twin Trifecta pool for that contest as a single price pool, but not Twin Trifecta carryover. If there are no such tickets, the net Twin Trifecta pool shall be distributed as described in subsection (iii) of the Twin Trifecta rules.
- (xiv) The Twin Trifecta carryover may be capped at a designated level approval by the Commission so that if, at the close of any performance, the amount in the Twin Trifecta carryover equals or exceeds the designated cap, the Twin Trifecta carryover will be frozen until it is won or distributed under other provisions of this rule. After the Twin Trifecta carryover is frozen, 100 percent of the net Twin Trifecta pool for each individual contest shall be distributed to winners of the first-half of the Twin Trifecta pool.
- (xv) A written request for permission to distribute the Twin Trifecta carryover on a specific performance may be submitted to the Commission. The request must contain justification for the distribution, an explanation of the benefit to be derived and the intended date and performance for the distribution.
- (xvi) Should the Twin Trifecta carryover be designated for distribution on a specified date and performance, the following precedence will be followed in determining winning tickets for the second-half of the Twin Trifecta after completion of the first-half of the Twin Trifecta:
- (A) As a single price pool to those whose combination finished in correct sequence as the first three betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (D) As a single price pool to holders of valid exchange tickets.
- (E) As a single price pool to holders of outstanding first-half winning tickets.
- (xvii) Contrary to subsection (iv) of the Twin Trifecta rules, during a performance designated to distribute the Twin Trifecta carryover, exchange tickets will be issued for those combinations selecting the greatest number of betting interests in their correct order of finish for the first-half of the Twin Trifecta. If there are no wagers correctly selecting the first-, second-, and third-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first- and second-place betting interests. If there are no wagers correctly selecting the first- and second-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first-place betting interest only. If there are no wagers selecting the first-place betting interest only in the first-half of the Twin Trifecta, all first-half tickets will become winners and will receive 100 percent of that day's net Twin Trifecta pool and any existing Twin Trifecta carryover as a single price pool.
- (xviii) The Twin Trifecta 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 subsection (xv) of the Twin Trifecta rules.
- (B) Upon written approval from the Commission when there is a change in the carryover cap or when the Twin Trifecta is discontinued.
- (C) On the closing performance of the meet or split meet.
- (xix) If, for any reason, the Twin Trifecta carryover must be held over to the corresponding Twin Trifecta pool of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the Commission. The Twin Trifecta carryover plus accrued interest shall then be added to the second-half Twin Trifecta pool of the following meet on a date and performance so designated by the Commission.
- (xx) Providing information to any person regarding covered combinations amounts wagered on specific combinations or number of tickets sold is prohibited. This shall not prohibit necessary communication between totalisator and pari-mutuel department employees for processing of pool data.
- (xxi) The Permittee must obtain written approval from the Commission concerning the scheduling of Twin Trifecta contests, the percentages of the net pool added to the first-half pool and second-half pool, and the amount of any cap to be set on the carryover. Any changes to the approved Twin Trifecta format require prior approval from the Commission.
(o) Tri-Superfecta Pools - (i) The Tri-Superfecta requires selection of the first three finishers, in their exact order, in the first of two designated contests and the first four finishers, in exact order, in the second of the two designated contests. Each winning ticket for the first Tri-Superfecta contest must be exchanged for a free ticket on the second Tri-Superfecta contest in order to remain eligible for the second-half Tri-Superfecta pool. Such tickets may be exchanged only at attended ticket windows prior to the second Tri-Superfecta contest. Winning first-half Tri-Superfecta tickets will receive both an exchange and a monetary payoff. Both of the designated Tri-Superfecta contests shall be included in only one Tri-Superfecta pool.
- (ii) After wagering closes for the first-half of the Tri-Superfecta and commissions have been deducted from the pool, the net pool shall then be divided into two separate pools: the first-half Tri-Superfecta pool and the second-half Tri-Superfecta pool.
- (iii) In the first Tri-Superfecta contest only, winning tickets shall be determined using the following precedence, based upon the official order of finish for the first Tri-Superfecta contest:
- (A) As a single price pool to those whose combination finished in correct sequence as the first three betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (D) The entire Tri-Superfecta pool shall be refunded on Tri-Superfecta wagers for that contest and the second-half shall be cancelled.
- (iv) If no first-half Tri-Superfecta ticket selects the first three finishers of that contest in exact order, winning ticket holders shall not receive any exchange tickets for the second-half Tri-Superfecta pool. In such case, the second-half Tri-Superfecta pool shall be retained and added to any existing Tri-Superfecta carryover pool.
- (v) Winning tickets from the first-half of the Tri-Superfecta shall be exchanged for tickets selecting the first four finishers of the second-half of the Tri-Superfecta. The second-half Tri-Superfecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish for the second Tri-Superfecta contest:
- (A) As a single price pool, including any existing carryover monies, to those whose combination finished in correct sequence as the first four betting interests; but if there are no such tickets, then
- (B) The entire second-half Tri-Superfecta pool for that contest shall be added to any existing carryover monies and retained for the corresponding second-half Tri-Superfecta pool of the next performance.
- (vi) If a winning first-half Tri-Superfecta ticket is not presented for cashing and exchange prior to the second-half Tri-Superfecta contest, the ticket holder may still collect the monetary value associated with the first-half Tri-Superfecta pool but forfeits all rights to any distribution of the second-half Tri-Superfecta pool.
- (vii) Coupled entries and mutuel fields shall be prohibited in Tri-Superfecta contests.
- (viii) Should a betting interest in the first-half of the Tri-Superfecta be scratched, those Tri-Superfecta tickets including the scratched betting interest shall be refunded.
- (ix) Should a betting interest in the second-half of the Tri-Superfecta be scratched, an announcement concerning the scratch shall be made and a reasonable amount of time shall be provided for exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to the close of betting for the second Tri-Superfecta contest, the ticket holder forfeits all rights to the second-half Tri-Superfecta pool.
- (x) If, due to a late scratch, the number of betting interests in the second-half of the Tri-Superfecta is reduced to fewer than the minimum, all exchange tickets and outstanding first-half winning tickets shall be entitled to the second-half Tri-Superfecta pool for that contest as a single price pool, but not the Tri-Superfecta carryover.
- (xi) If there is a dead heat or multiple dead heats in either the first- or second-half of the Tri-Superfecta, all Tri-Superfecta tickets selecting the correct order of finish, counting a betting interest involved in a dead heat as finishing in any dead-heated position, shall be a winner. In the case of a dead heat occurring in:
- (A) The first-half of the Tri-Superfecta, the payoff shall be calculated as a profit split.
- (B) The second-half of the Tri-Superfecta, the payoff shall be calculated as a single price pool.
- (xii) If either of the Tri-Superfecta contests are cancelled prior to the first Tri-Superfecta contest, or the first Tri-Superfecta contest is declared "no contest", the entire Tri-Superfecta pool shall be refunded on Tri-Superfecta wagers for that contest and the second-half shall be cancelled.
- (xiii) If the second-half Tri-Superfecta contest is cancelled or declared "no contest", all exchange tickets and outstanding first-half winning Tri-Superfecta tickets shall be entitled to the net Tri-Superfecta pool for that contest as a single price pool, but not the Tri-Superfecta carryover. If there are no such tickets, the net Tri-Superfecta pool shall be distributed as described in subsection (iii) of the Tri-Superfecta rules.
- (xiv) The Tri-Superfecta carryover may be capped at a designated level approved by the Commission so that if, at the close of any performance, the amount in the Tri-Superfecta carryover equals or exceeds the designated cap, the Tri-Superfecta carryover will be frozen until it is won or distributed under other provisions of this rule. After the second-half Tri-Superfecta carryover is frozen, 100 percent of the net Tri-Superfecta pool for each individual contest shall be distributed to winners of the first-half of the Tri-Superfecta pool.
- (xv) A written request for permission to distribute the Tri-Superfecta as a carryover on a specific performance may be submitted to the Commission. The request must contain justification for the distribution, an explanation of the benefit to be derived, and the intended date and performance for the distribution.
- (xvi) Should the Tri-Superfecta carryover be designated for distribution on a specified date and performance, the following precedence will be followed in determining winning tickets for the second-half of the Tri-Superfecta after completion of the first-half of the Tri-Superfecta:
- (A) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (D) As a single price pool to holders of valid exchange tickets.
- (E) As a single price pool to holders of outstanding first-half winning tickets.
- (xvii) Contrary to subsection (iv) of the Tri-Superfecta rules, during a performance designated to distribute Tri-Superfecta carryover, exchange tickets will be issued for those combinations selecting the greatest number of betting interests in their correct order of finish for the first-half of the Tri-Superfecta. If there are no wagers correctly selecting the first-, second-, and third-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first- and second-place betting interests. If there are no wagers correctly selecting the first- and second-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first-place betting interest only. If there are no such wagers selecting the first-place betting interest only in the first-half of the Tri-Superfecta, all first-half tickets will become winners and will receive 100 percent of that day's net Tri-Superfecta pool and any existing Tri-Superfecta carryover as a single price pool.
- (xviii) The Tri-Superfecta 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 subsection (xv) of the Tri-Superfecta rules.
- (B) Upon written approval from the Commission when there is a change in the carryover cap or when the Tri-Superfecta is discontinued.
- (C) On the closing performance of the meet or split meet.
- (xix) If, for any reason, the Tri-Superfecta carryover must be held over to the corresponding Tri-Superfecta pool of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the Commission. The Tri-Superfecta carryover plus accrued interest shall then be added to the second-half Tri-Superfecta pool of the following meet on a date and performance so designated by the Commission.
- (xx) Providing information to any person regarding covered combinations, amounts wagered on specific combinations or number of tickets sold is prohibited. This shall not prohibit necessary communication between totalisator and pari-mutuel department employees for processing of pool data.
- (xxi) The Permittee must obtain written approval from the Commission concerning the scheduling of Tri-Superfecta contests, the percentages of the net pool added to the first-half pool and second-half pool, and amount of any cap to be set on the carryover. Any changes to the approved Tri-Superfecta format require approval from the Commission.
(p) Twin Superfecta Pools - (i) The Twin Superfecta requires selection of the first four finishers, in their exact order, in each of two designated contests. Each winning ticket for the first Twin Superfecta contest must be exchanged for a free ticket on the second Twin Superfecta contest in order to remain eligible for the second-half Twin Superfecta pool. Such tickets may be exchanged only at attended tickets windows prior to the second Twin Superfecta contest. Winning first-half Twin Superfecta tickets will receive both an exchange and a monetary payoff. Both of the designated Twin Superfecta contests shall be included in only one Twin Superfecta pool.
- (ii) After wagering closes for the first-half of the Twin Superfecta and commissions have been deducted from the pool, the net pool shall then be divided into two separate pools: the first-half Twin Superfecta pool and the second-half Twin Superfecta pool.
- (iii) In the first Twin Superfecta contest only, winning wagers shall be determined using the following precedence, based upon the official order of finish for the first Twin Superfecta contest:
- (A) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (D) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (E) The entire Twin Superfecta pool shall be refunded on Twin Superfecta wagers for that contest and the second-half shall be cancelled.
- (iv) If no first-half Twin Superfecta ticket selects the first four finishers of that contest in exact order, winning ticket holders shall not receive any exchange tickets for the second-half Twin Superfecta pool. In such case, the second-half Twin Superfecta pool shall be retained and added to any existing Twin Superfecta carryover pool.
- (v) Winning tickets from the first-half of the Twin Superfecta shall be exchanged for tickets selecting the first four finishers of the second-half of the Twin Superfecta. The second-half Twin Superfecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish for the second Twin Superfecta contest:
- (A) As a single price pool, including any existing carryover monies, to those whose combination finished in correct sequence as the first four betting interests; but if there are no such tickets, then
- (B) The entire second-half Twin Trifecta pool for that contest shall be added to any existing carryover monies and retained for the corresponding second-half Twin Superfecta pool of the next performance.
- (vi) If a winning first-half Twin Superfecta ticket is not presented for cashing and exchange prior to the second-half Twin Superfecta contest, the ticket holder may still collect the monetary value associated with the first-half Twin Superfecta pool but forfeits all rights to any distribution of the second-half Twin Trifecta pool.
- (vii) Coupled entries and mutuel fields shall be prohibited in Twin Superfecta contests.
- (viii) Should a betting interest in the first-half of the Twin Superfecta be scratched, those Twin Superfecta tickets including the scratched betting interest shall be refunded.
- (ix) Should a betting interest in the second-half of the Twin Superfecta be scratched, an announcement concerning the scratch shall be made and a reasonable amount of time shall be provided for exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to the close of betting for the second Twin Superfecta contest, the ticket holder forfeits all rights to the second-half Twin Superfecta pool.
- (x) If, due to a late scratch, the number of betting interests in the second-half of the Twin Superfecta is reduced to fewer than the minimum, all exchange tickets and outstanding first-half winning tickets shall be entitled to the second-half Twin Superfecta pool for that contest as a single price pool, but not the Twin Superfecta carryover.
- (xi) If there is a dead heat or multiple dead heats in either the first- or second-half of the Twin Superfecta, all Twin Superfecta tickets selecting the correct order of finish, counting a betting interest involved in a dead heat as finishing in any dead-heated position, shall be a winner. In the case of a dead heat occurring:
- (A) The first-half of the Twin Superfecta, the payoff shall be calculated as a profit split.
- (B) The second-half of the Twin Superfecta, the payoff shall be calculated as a single price pool.
- (xii) If either of the Twin Superfecta contests are cancelled prior to the first Twin Superfecta contest, or the first Twin Superfecta contest is declared "no contest", the entire Twin Superfecta pool shall be refunded on Twin Superfecta wagers for that contest and the second-half shall be cancelled.
- (xiii) If the second-half Twin Superfecta contest is cancelled or declared "no contest", all exchange tickets and outstanding first-half winning Twin Superfecta tickets shall be entitled to the net Twin Superfecta pool for that contest as a single price pool, but not the Twin Superfecta carryover. If there are no such tickets, the net Twin Superfecta pool shall be distributed as described in subsection 3 of the Twin Superfecta rules.
- (xiv) The Twin Superfecta carryover may be capped at a designated level approved by the Commission so that if, at the close of any performance, the amount in the Twin Superfecta carryover equals or exceeds the designated cap, the Twin Superfecta carryover will be frozen until it is won or distributed under other provisions of this rule. After the second-half Twin Superfecta carryover is frozen, 100 percent of the net Twin Superfecta pool for each individual contest shall be distributed to winners of the first-half of the Twin Superfecta pool.
- (xv) A written request for permission to distribute the Twin Superfecta carryover on a specific performance may be submitted to the Commission. The request must contain justification for the distribution, an explanation of the benefit to be derived, and the intended date and performance for the distribution.
- (xvi) Should the Twin Superfecta carryover be designated for distribution on a specified date and performance, the following precedence will be followed in determining winning tickets for the second-half of the Twin Superfecta after completion of the first-half of the Twin Superfecta:
- (A) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but if there are no such wagers, then
- (B) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then
- (C) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then
- (D) As a single price pool to those whose combination correctly selected the first-place betting interest only; but if there are no such wagers, then
- (E) As a single price pool to holders of valid exchange tickets.
- (F) As a single price pool to holders of outstanding first-half winning tickets.
- (xvii) Contrary to subsection (iv) of the Twin Superfecta rules, during a performance designated to distribute the Twin Superfecta carryover, exchange tickets will be issued for those combinations selecting the greatest number of betting interests in their correct order of finish for the first-half of the Twin Superfecta. If there are no wagers correctly selecting the first-, second-, third-, and fourth-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first-, second-, third-place betting interests. If there are no wagers correctly selecting the first-, second-, third-place finishers, in their exact order, then exchange tickets shall be issued for combinations correctly selecting the first- and second-place betting interests. If there are no wagers correctly selecting the first- and second-place finishers, in their exact order, the exchange tickets shall be issued for combinations correctly selecting the first-place betting interest only. If there are no wagers selecting the first-place betting interest only in the first-half of the Twin Superfecta, all first-half tickets will become winners and will receive 100 percent of that day's net Twin Superfecta pool and any existing Twin Superfecta carryover as a single price pool.
- (xviii) The Twin Superfecta 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 subsection (xv) of the Twin Superfecta rules.
- (B) Upon written approval from the Commission when there is a change in the carryover cap or when the Twin Superfecta is discontinued.
- (C) On the closing performance of the meet or split meet.
- (xix) If, for any reason, the Twin Superfecta carryover must be held over to the corresponding Twin Superfecta pool of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the Commission. The Twin Superfecta carryover plus accrued interest shall then be added to the second-half Twin Superfecta pool of the following meet on a date and performance so designated by the Commission.
- (xx) Providing information to any person regarding covered combinations, amounts wagered on specific combinations, number of tickets sold, or number of valid exchange tickets is prohibited. This shall not prohibit necessary communication between totalisator and pari-mutuel department employees for processing of pool data.
- (xxi) The Permittee must obtain written approval from the Commission concerning the scheduling of Twin Superfecta contests, the percentages of the net pool added to the first-half pool and second-half pool, and the amount of any cap to be set on the carryover. Any changes to the approved Twin Superfecta format require prior approval from the Commission.