(1) The Quinella
Double requires selection of the first two finishers, irrespective of order, in
each of two consecutive contests. Wagers for the Quinella Double must be placed
prior to the first of the two consecutive contests and include the selection of
the first two finishers for both contests and shall be printed on a single
pari-mutuel ticket.
(2) The net
Quinella 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 who
selected the first two finishers in each of the two Quinella Double contests,
if there are no such wagers,
(b) As
a profit split to those who selected the first two finishers in either of the
two Quinella Double contests and at least one of the first two finishers in the
other contest, if there are no such wagers,
(c) As a profit split to those who selected
the first two finishers in either of the two Quinella Double contests, if there
are no such wagers,
(d) As a single
price pool to those who selected the first two finishers in the one covered
Quinella Double contest, if there are no such wagers,
(e) The entire Quinella Double pool shall be
refunded for those contests.
(f) If
the pool is distributed under the precedents of paragraph (2)(b), (c) or (d),
an announcement shall be made to the public as to the possible winning quinella
double combinations and to hold all possible winning
tickets.
(3) If a coupled
entry or mutuel field finishes as the first two contestants in either contest,
the coupled entry or mutuel field combined with the next separate betting
interest in the official order of finish, as well as the first two finishers in
the other Quinella Double contest shall constitute the winning
combination.
(4) 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, as well the first two
finishers in the other half of the Quinella Double 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.
(5) If there is a dead heat for second in
either of the Quinella Double contests involving contestants representing the
same betting interest, the Quinella Double pool shall be distributed as if no
dead heat occurred.
(6) If there is
a dead heat for second in either of the Quinella Double contests involving
contestants representing two or more betting interests and there is no wager as
indicated in paragraph (2)(a), the Quinella Double pool shall be distributed as
a profit split as follows:
(a) To those who
selected two of the contestants in the dead heat and the first finishers in the
opposite contest comprising the Quinella Double, if there are no such wagers,
then
(b) To the selections as
indicated in the preceding paragraphs (2)(b), (c), (d) and (e), within this
rule.
(7) Should a
betting interest in either the first or second half of the Quinella Double be
scratched prior to the start of the first Quinella Double contest, all money
wagered on combinations involving the scratched betting interest shall be
deducted from the pool and refunded.
(8) Should a scratch or scratches occur in
the second half of the Quinella Double after the close of wagering in the first
Quinella Double contest, those wagers which correctly selected the two winning
betting interests in the first contest, combined with one winner and a
scratched betting interest or two scratched betting interests in the second
half, shall be awarded consolation prices.
(a)
The consolation payoff shall be calculated as a single price pool as if the
Quinella Double had ended with the first contest. The resulting price shall be
the price per dollar assigned to those wagers eligible for a consolation price.
The aggregate of the consolation prices shall be deducted from the Quinella
Double net pool. The remaining net pool will be distributed to the regular
winning wagers as per the priorities in subsection (2).
(b) Wagers eligible for a regular payoff or
refund under the priorities indicated in subsection (2), or under the canceled
contest provisions in subsection (8), shall not be eligible for consolation
payoffs.
(9) If for any
reason either Quinella Double contest is canceled or declared "no contest" by
the judges or stewards, then the net pool shall be distributed to those who
correctly selected the two winning betting interests of the one Quinella Double
contest conducted. However, in greyhound and horse racing only, if the first
contest is canceled or declared "no contest, " any wager containing a scratched
betting interest in the second contest shall be refunded.
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QUINELLA DOUBLE
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|
Standard Price Calculation
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|
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Example
|
|
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Sum of Wagers on All Betting Interests =
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$23,200.00
|
|
Refunds =
|
$432.00
|
|
Gross Pool:
|
|
|
Sum of Wagers on All Betting Interests - Refunds
=
|
$22,768.00
|
|
Percent Takeout =
|
21%
|
|
Takeout:
|
|
|
Gross Pool x Percent Takeout =
|
$4,781.28
|
|
Net Pool:
|
|
|
Gross Pool - Takeout =
|
$17,986.72
|
|
Gross Amount Bet on Winning Combination =
|
$144.00
|
|
Profit:
|
|
|
Net Pool - Gross Amount Bet on Winning Combination
=
|
$17,842.72
|
|
Profit Per Dollar:
|
|
|
Profit/Gross Amount Bet on Winning Combination
=
|
$123.9077777
|
|
$1 Unbroken Price:
|
|
|
Profit Per Dollar + $1 =
|
$124.9077777
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|
$1 Broken Price =
|
$124.90
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|
Total Payout:
|
|
|
$1 Broken Price x Gross Amount Bet on Winning
Combination =
|
$17,985.60
|
|
Total Breakage:
|
|
|
Net Pool - Total Payout =
|
$1.12
|
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QUINELLA DOUBLE
|
|
Consolation Pricing
|
|
|
Example
|
|
|
Sum of Wagers on All Betting Interests =
|
$23,200.00
|
|
Refunds =
|
$432.00
|
|
Gross Pool:
|
|
|
Sum of Wagers on All Betting Interests - Refunds
=
|
$22,768.00
|
|
Percent Takeout =
|
21%
|
|
Takeout:
|
|
|
Gross Pool x Percent Takeout =
|
$4,781.28
|
|
Net Pool:
|
|
|
Gross Pool - Takeout =
|
$17,986.72
|
|
Consolation Pool:
|
|
|
Sum Total Amount Bet on winning combination of the
first
|
|
|
contest with all second contest betting interests
=
|
$4,550.00
|
|
$1 Unbroken Consolation Price:
|
|
|
Net Pool/Consolation Pool =
|
$3.9531253
|
|
$1 Broken Consolation Price =
|
$3.90
|
|
Amount Bet on winner of the first contest with
scratched
|
|
|
betting interests:
|
$30.00
|
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Consolation Liability:
|
|
|
$1 Broken Consolation Price x Amount Bet on winning
combination
|
|
|
of the first contest with scratched betting interests
=
|
$117.00
|
|
Adjusted Net Pool:
|
|
|
Net Pool - Consolation Liability =
|
$17,869.72
|
|
Gross Amount Bet on the Winning Combination =
|
$114.00
|
|
Profit:
|
|
|
Adjusted Net Pool - Gross Amount Bet on Winning
Combination =
|
$17,755.72
|
|
Profit Per Dollar:
|
|
|
Profit/Gross Amount Bet on Winning Combination
=
|
$155.7519298
|
|
$1 Unbroken Price:
|
|
|
Profit Per Dollar + $1 =
|
$156.7519298
|
|
$1 Broken Price =
|
$156.70
|
|
Total Payout:
|
|
|
$1 Broken Price x Gross Amount Bet on Winning
Combination =
|
$17,863.80
|
|
Consolation Payout =
|
$117.00
|
|
Total Breakage:
|
|
|
Net Pool - Total Payout =
|
$5.92
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