Md. Code Regs. 09.10.01.91 - Jackpot Super High Five
A.
The Jackpot Super High Five is a contract by the purchaser of a ticket
combining five horses to finish first, second, third, fourth, and fifth, in
that specific order, in a race on which Jackpot Super High Five wagering is
offered, where, unless otherwise provided, only one, unique pari-mutuel ticket
holder designates the official order of finish for the first five horses.
Payment of the ticket shall be made only to the purchaser of the single, unique
pari-mutuel ticket who has selected the same order of finish as officially
posted.
B. The Jackpot Super High
Five is not a parlay and has no connection with, or relation to, any other
wagering pool. The Jackpot Super High Five shall be calculated as an entirely
separate pool.
C. Subject to
Commission approval, the racing association shall establish the minimum amount
for a bet on the Jackpot Super High Five tickets.
D. Jackpot Super High Five wagering may be
conducted on a race that has at least seven separate wagering
interests.
E. Except as provided in
§H of this regulation, the net pari-mutuel pool for the Jackpot Super High
Five bet on a qualifying race that day, together with any carryover from
previous pools of the same type of bet, shall be distributed to the holder of
the single, unique pari-mutuel ticket which correctly designates the official
order of finish for the first five horses in the Jackpot Super High Five wager
for that race on that day.
F. In
the event there is more than one pari-mutuel ticket which correctly designates
the official order of finish for the first five horses in the Jackpot Super
High Five bet for that race on that day, the net pari-mutuel pool for the
Jackpot Super High Five bets that day shall be distributed:
(1) 50 percent, equally, to the holders of
pari-mutuel tickets which correctly designate the official order of finish for
the first five horses in the Jackpot Super High Five bet for that race on that
day; and
(2) 50 percent to the
Jackpot Super High Five carryover pool.
G. If there is no pari-mutuel ticket issued
that selects the first five finishers in exact order, then the entire net pool
shall be:
(1) Carried over to the next
qualifying race offering Jackpot Super High Five wagering; and
(2) Combined with the Jackpot Super High Five
net pool for that race to determine the applicable payout.
H. Mandatory Distribution.
(1) The entire Jackpot Super High Five net
pool plus any carryover shall be distributed on the last day of the race meet
by the racing association , which shall hold Jackpot Super High Five wagering on
a qualifying race that day.
(2) If
a ticket is not sold that correctly selects five horses to finish first,
second, third, fourth, and fifth, in that specific order, the entire net pool
plus any carryover shall be distributed to the holders of tickets that
correctly select four horses to finish first, second, third, and fourth, in
that specific order.
(3) If such a
ticket is not sold, the entire net pool plus any carryover shall be distributed
to the holders of tickets that correctly select three horses to finish first,
second, and third, in that specific order.
(4) If such a ticket is not sold, the entire
net pool plus any carryover shall be distributed to the holders of tickets that
correctly select two horses to finish first and second, in that specific
order.
(5) If no such ticket is
sold, the entire net pool plus any carryover shall be distributed to the
holders of tickets that correctly select the winner of the race .
(6) If no such ticket is sold, the entire net
pool plus any carryover shall be evenly distributed to the holders of all
tickets.
I. If, for any
reason, there is not a mandatory distribution of the Jackpot Super High Five
carryover as provided in §H of this regulation, the Jackpot Super High
Five carryover shall be:
(1) Placed into an
interest bearing account as approved by the Commission; and
(2) With accrued interest, added to the
Jackpot Super High Five pool of the next race meet held by a racing association
where Jackpot Super High Five wagering is conducted, unless otherwise agreed by
that racing association and the racing association where the Jackpot Super High
Five pool carryover was generated.
J. If fewer than five betting interests
finish and the contest is declared official, payoffs will be made based on the
order of finish of those betting interests completing the contest. The balance
of any selection on any ticket beyond the number of betting interests
completing the contest shall be ignored. Any previous Jackpot Super High Five
contest's carryover will not be included in the payoff and will be retained for
the next contest's carryover.
K. If
a dead heat, or heats, occur in a race on which there is Jackpot Super High
Five wagering:
(1) A horse in a dead heat
shall be considered as finishing in the position for which it dead heated;
and
(2) Any selection in a Jackpot
Super High Five wager that correctly selects a horse in a dead heat as
finishing in the position for which the horse dead heated shall be treated as a
correct selection.
L. In
the event of a scratch in a Jackpot Super High Five race :
(1) Exchanges may not be made; and
(2) All tickets that include the scratched
horse shall be refunded.
M. Coupled entries are permitted, but fields
are prohibited in Jackpot Super High Five races.
N. For price calculations only, coupled
entries shall be calculated as a single finishing horse , using the finishing
position of the leading horse in the coupled entry to determine the order of
placing. Example: If the actual order of finish in a race is 1 / 2 / 1A / 3 /
4, 5, then the finishers used for that race in the Super High Five would be 1 /
2 / 3 / 4 / 5.
O. Sale.
(1) Jackpot Super High Five tickets shall be
sold only by the licensee through pari-mutuel machines programmed to print all
selections on one ticket.
(2)
Resale of tickets from one individual to another is prohibited and is grounds
for ejection.
P. This
regulation shall be printed in heavy type in a conspicuous place in the program
or prominently posted near the betting windows of any association conducting
this type of wager.
Notes
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No prior version found.