N.M. Admin. Code § 15.2.7.12 - CALCULATION OF PAYOUTS AND DISTRIBUTION OF POOLS
A.
GENERAL:
(1) All permitted pari-mutuel wagering pools
shall be separately and independently calculated and distributed. Takeouts
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 payout
on winning wagers.
(2) 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.
(3) 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.
STANDARD PRICE CALCULATION PROCEDURE
| SINGLE PRICE POOL (WIN POOL) | Gross pool = Sum of wagers on all betting interest - Refunds. Takeout = Gross pool x percent takeout. Net pool = Gross pool - takeout. Profit = Net pool - Gross amount bet on winner. Profit per dollar = Profit/gross amount bet on winner. $1 unbroken price = profit per dollar + $1. $1 broken price = $1 unbroken price rounded down to the break point. Total payout = $1 broken price x gross amount bet on winner. Total breakage = net pool - total payout | |
| PROFIT SPLIT (PLACE POOL) | Profit is net pool less gross amount bet on all place finishers | Finishers split profit frac12; and frac12; (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
| SINGLE PRICE POOL (WIN POOL) | Gross pool = Sum of wagers on all betting interests - refunds. Takeout = gross pool x percent takeout for each source. Net pool = gross pool - 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. $1 unbroken price = $1 unbroken base price x (1 percent takeout). $1 broken price = $1 unbroken price rounded down to the break point. Total payout = $1 broken price x gross amount bet on winner. Total breakage = net pool - total payout. | |
| 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 frac12; and frac12; (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. |
(4)
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.
(5) Minimum payouts and the method used for
calculating breakage shall be established by the commission.
(6) The individual pools outlined in these
rules may be given alternative names by each association, provided prior
approval is obtained from the commission.
B.
WIN POOLS:
(1) The amount wagered on the betting
interest which finishes first is deducted from the net pool, the balance
remaining being 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.
(2) 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.
(3) 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.
C.
PLACE POOLS:
(1) 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.
(2) 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 no 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.
(3) 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.
(4) 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 interests, the place pool is divided with one-half of the profit
distributed to place wagers on the betting interest finishing first and the
remainder is distributed equally amongst place wagers on those betting
interests involved in the dead heat for second.
D.
SHOW POOLS:
(1) 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.
(2) 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 distributed to those who selected the coupled entry or
mutuel field and one-third 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 interests 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.
(3) If there is a dead heat for first
involving:
(a) two contestants representing
the same betting interest, the profit is divided with two-thirds distributed to
those who selected the first-place finishers and one-third 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 interests, the show pool shall be distributed as a profit
split.
(4) If there is a
dead heat for second involving:
(a) contestant
representing the same betting interest, the profit is divided with one-third
distributed to those who selected the betting interest finishing first and
two-thirds distributed to those who selected the second-place
finishers;
(b) contestants
representing two betting interests, the show pool shall be distributed as a
profit split;
(c) contestants
representing three betting interests, the show pool is divided with one-third
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.
(5) 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 interests, the show pool is divided with
two-thirds 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.
E.
DOUBLE POOLS:
(1) The double
requires selection of the first-place finisher in each of two specified
contests.
(2) 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 contests;
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.
(3) 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 interests, the double pool shall be distributed as a profit split if
there is more than one covered winning combination.
(4) 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.
(5) 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.
(6) 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 payout. In calculating the consolation payout 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 payout.
Breakage is not utilized in this calculation. The consolation payout is
deducted from the net double pool before calculation and distribution of the
winning double payout. Dead heats including separate betting interests in the
first contest shall result in a consolation payout calculated as a profit
split.
(7) If either of the double
contests is cancelled prior to the first double contest, or the first double
contest is declared "no contest", the entire double pool shall be refunded on
double wagers for those contests.
(8) If the second double contest is 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.
F.
PICK THREE POOLS:
(1) The pick
three requires selections of the first-place finisher in each of three
specified contests.
(2) The net
pick three 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 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 contest; but if there
are no such wagers, then
(d) the
entire pool shall be refunded on pick three wagers for those
contests.
(3) 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.
(4)
Should a betting interest in any of the pick three contest 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 the result of the
substitution, in addition to the normal winning combinations.
(5) 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.
(6) 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 F Paragraph (2) of
15.2.7 NMAC.
G.
PICK (n) POOLS:
(1) The pick (n)
requires selection of the first-place finisher in each of a designated number
of contests. The association must obtain written approval from the commission
concerning the scheduling of pick (n) contests, the designation of one of the
methods prescribed in Subsection G, Paragraph (2) of 15.2.7 NMAC, and the
amount of any cap to be set on the carryover. Any changes to the approved pick
(n) format require prior approval from the commission.
(2) The pick (n) pool shall be apportioned
under one of the following methods:
(a) method
1, pick (n) with carryover: 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 or
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 all 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 there are no
wagers selecting the first-place finisher in a second greatest number of pick
(n) contests, the minor share of the net pick (n) pool shall be combined with
the major share for distribution as a single price pool to those who selected
the first-place finisher in the greatest number of pick (n) contests; if the
greatest number of 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) contests, 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 wagers selecting the first-place
finisher in a second greatest number of pick (n) contests, the minor share of
the net pick (n) pool shall be combined with the major share for distribution
as a single price pool to those who selected the first-place finisher in each
of the pick (n) contests; if there are no winning wagers, the pool is
refunded.
(f) method 6, pick (n)
with "unique winning ticket" provision: The net pick (n) pool and carryover, if
any, shall be distributed to the holder of a unique winning ticket that
selected the first-place finisher in each of the pick (n) contests, based upon
the official order of finish. If there is no unique ticket selecting the
first-place finisher in each of the pick (n) contests, or if there are no
wagers selecting the first-place finisher of all 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. Association may
suspend previously approved unique winning ticket wagering with the prior
approval of the commission. Any carryover shall be held until the suspended
unique winning ticket wagering is reinstated.
(3) 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.
(4) Should a betting interest in
any of the pick (n) contest 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 combinations.
(5) 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".
(6) 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 G Paragraph (5)
of 15.2.7 NMAC, 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.
(7) The pick
(n) 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 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.
(8)
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.
(9) 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 G Paragraph (8) of 15.2.7 NMAC of this
section;
(b) upon written approval
from the commission when there is a change in the carryover cap, a change from
one type of pick (n) wagering to another, or when the pick (n) is
discontinued;
(c) on the closing
performance of the meet or split meet.
(10) If, for any reason, the pick (n)
carryover must be held over to the corresponding pick (n) pool of a 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.
(11) With the written approval of the
commission, the association may contribute to the pick (n) carryover a sum of
money up to the amount of any designated cap.
(12) 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.
(13) The association may suspend 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. An
association may request approval of a pick (n) wager or separate wagering pool
for specific performances.
H.
SOLO 6:
(1) The solo 6 requires selection of the
first place finisher in each of six designated contests. The entire net solo 6
pool and carryover, if any, shall be distributed to the holder of a unique
wager selecting the first place finisher in each of the selected six contests.
If there is no unique wager selecting the first place finisher in all six
contests, the minor share of the solo 6 shall be distributed as a single price
pool to those who selected the first place finisher in the greatest number of
contests. The major share shall be added to the carryover. The designated
percentage of minor and major pools must be approved by the New Mexico racing
commission and posted in the official racing program.
(2) Unique wager, as used in this subsection,
shall be defined as having occurred when the total amount wagered on a winning
combination selecting the first place finisher in each of the six contests
is equal to the minimum allowable wager.
(3) If there is a dead heat for first in any
of the solo 6 contests involving:
(a)
contestants representing the same betting interest, the solo 6 pool shall be
distributed as if no dead heat occurred;
(b) contestants representing two or more
betting interests, the solo 6 pool shall be distributed as a single price pool
with each winning wager receiving an equal share of that day's pool if there is
more than one winning ticket.
(4) Should a betting interest in any of the
solo 6 contests be scratched or determined to be a non-starter, the actual
favorite, as evidenced by the 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.
(5) The solo 6 pool shall
be cancelled and all solo 6 wagers for the individual performance shall be
refunded if at least three contests included as part of the solo 6 are
cancelled or declared a no contest.
(6) If at least one contest of the solo 6 is
cancelled or declared a no contest, but not more than three contests, the net
pool shall be distributed as a single price pool to those whose selection
finished first in the greatest number of solo 6 contests for that performance.
Such distribution shall include the portion ordinarily retained for the solo 6
carryover, but not the carryover from previous performances.
(7) The solo 6 carryover may be capped at a
designated level approved by the New Mexico racing commission so that if, at
the close of any performance, the amount in the carryover equals or exceeds the
designated cap, the solo 6 carryover will be frozen until it is won or
distributed under other provisions of this rule. After the solo 6 carryover is
frozen, one hundred per cent of the net pool, part of which ordinarily would be
added to the solo 6 carryover, shall be distributed to those whose selections
finished first in the greatest number of solo 6 contests for that
performance.
(8) A written request
for permission to distribute the solo 6 carryover on a specific date shall be
submitted to the New Mexico racing commission. The request must contain
justification for the distribution, an explanation of the benefit to be
derived, and the intended date of the distribution.
(9) Should the solo 6 be designated for
distribution on a specific date, the unique wager provision of this subsection
shall be suspended, and the entire pool shall be distributed as a single price
pool to those whose selection finished first in the greatest number of solo 6
contests. The solo 6 carryover shall be designated for distribution on a
specific date and performance only under the following circumstances:
(a) upon written approval from the New Mexico
racing commission as provided in Paragraph (8) of Subsection H of
15.2.7.12 NMAC;
(b) when the solo 6 is discontinued;
or
(c) on the closing day of the
meet.
(10) If for any
reason the solo 6 carryover must be held over to the corresponding solo 6 pool
or subsequent meet, the carryover shall be deposited into an interest bearing
account approved by the New Mexico racing commission. The solo 6 carryover,
plus accrued interest, shall then be added to the net solo 6 pool of the
following meet. Following meet would be defined as next racing season of the
racetrack where the carryover occurred.
(11) Association may suspend previously
approved solo 6 wagering with the prior approval of the New Mexico racing
commission. Any carryover shall be held until the suspended solo 6 wagering is
reinstated.
Solo 6, as used in this rule, shall mean the selection of winners in six contests during the course of an official racing program.
I.
PLACE PICK (n)
POOLS:
(1) The place pick (n) is a
separate pari-mutuel pool established by the association on a designated number
of races. The pool consists of amounts wagered on a horse to finish first or
second in each of the races. It is not a parlay and has no connection with or
relation to other pools conducted by the association, except for the provisions
in Paragraph (5) of Subsection H of
15.2.7.12 NMAC, or to rules
governing the distribution of other pools.
(2) A valid place pick (n) ticket shall be
evidence of a binding contract between the holder of the ticket and the
association and shall constitute an acceptance of place pick (n) provisions and
rules contained herein.
(3) A place
pick (n) may be given a distinctive name by the association conducting the
meeting, subject to commission approval.
(4) A wager on a coupled entry or mutuel
field is considered a wager on the remaining part of the coupled entry or
mutuel field if any part of such entry starts for pari-mutuel purposes in
accordance with Subsection L of
15.2.7.8 NMAC.
(5) If a ticket in any place pick (n) race
designates a selection that is scratched, excused or determined by the stewards
to be a nonstarter in the race, the association may designate the actual
favorite, which is determined by the amounts wagered in the win pool at the
time of the start of the race. The actual favorite will be substituted for the
nonstarting selection for all purposes.
(6) Except as provided in Subparagraph (a) of
Paragraph (6) of Subsection H of
15.2.7.12 NMAC, in a dead heat for
win between two or more horses, only the horses in such dead heat shall be
considered winning horses.
(a) In a dead heat
for win between two or more coupled horses, all such horses together with the
horse(s) which finishes next in order shall be considered winning
horses.
(b) Except as provided in
Paragraph (6) of Subsection H
15.2.7.12 NMAC, a dead heat for
second between two or more horses, all such horses together with the horse
which finished first shall be considered winning horses.
(7) The association shall distribute the net
pool to holders of valid tickets that correctly selected the most first or
second place finishers.
(8) All
tickets shall be refunded if all races comprising the place pick (n) are
cancelled or declared as no contest. The entire pool shall be refunded if less
than four races are completed and if four or more races are completed the net
pool shall be distributed pursuant to Paragraph (7) of Subsection H of
15.2.7.12 NMAC.
(9) After wagering closes on the first race
comprising of the place pick (n) no ticket shall be sold, exchanged or
cancelled.
(10) If the racing
surface changes from turf to dirt or dirt to turf in any race of a place pick
(n), and such change is not announced to the public before the close of
wagering on the place pick (n) pool, all wagers on such race shall be
considered winning wagers for the purposes of the place pick (n).
J.
GRAND SLAM POOLS:
(1) The grand slam requires selection of the
official first, second or third place finisher in each of the first three races
in a series of four designated grand slam races. A completed winning grand slam
wager requires the selection of the official first place finisher in the fourth
and final event in this same series of races. The association must obtain
written approval from the commission for the initial scheduling or specific
performances of grand slam races or any other name used to characterize this
bet type and identify the pari-mutuel pool and any required distribution
percentages. Changes to the approved grand slam format, or suspension of
previously approved grand slam wagering, require prior approval from the
commission.
(2) The grand slam pool
shall be apportioned under the following method:
(a) Grand slam wager with no carryover; the
net grand slam pool shall be distributed from a single betting pool to
participants who selected the first, second or third place finisher in the
first three races of a series of four grand slam races completing a winning
wager with the selection of the first place finisher in the fourth and final
grand slam event in this same series, based upon the official order of
finish.
(b) Grand slam wager with
no carryover; if there are no winning wagers taking into account all four
segments of the grand slam wager, the pool shall be distributed as a single
price pool to those who selected the first place finisher in the fourth and
final grand slam event in this series of races along with the greatest number
of first, second or third place finishers each of which had an accompanying
show pari-mutuel payout, in accordance with Subsection M of
15.2.7.8 NMAC in each of the first
three races in the series of four designated grand slam races. All results are
based upon the official order of finish for each race.
(3) If there is a dead heat for the first in
any of the grand slam segments involving:
(a)
Official program numbered horses representing the same betting interest, the
grand slam pool shall be distributed as if no dead heat occurred.
(b) Official program numbered horses
representing two or more betting interests, the grand slam pool shall be
distributed from a single betting pool with a winning wager including each
betting interest participating in the dead heat provided each entrant has a
pari-mutuel show payout within its race.
(4) If there is a dead heat for second and/or
third in any of the first three races in a series of four designated grand slam
contests involving:
(a) Horses representing
the same betting interest, the grand slam pool shall be distributed as if no
dead heat occurred.
(b) Horses
representing two or more betting interests, the grand slam pool shall be
distributed from a single betting pool with a winning wager including the
betting interest which finished first or any betting interest involved in the
dead heat for second or third providing the horse has a show pari-mutuel
payout.
(5) Should a
betting interest in any of the grand slam contests be scratched:
(a) The actual favorite, as evidenced by
total amounts wagered in the win pool at the association for the contest at the
close of wagering on that contest, shall be substituted for the scratched
betting interest for all purposes, including pool calculation. 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 greatest amount of money in
the place pool. 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.
(b) Should a scratch
or scratches occur in any of the first three races in a series of four
designated grand slam contests and subsequently show wagering is cancelled due
to an insufficient number of remaining betting interests, this race for winning
grand slam wagering purposes would include the win and place horse
only.
(6) The grand slam
pool shall be canceled and all grand slam wagers for the individual performance
shall be refunded if at least two contests included as part of a grand slam
wager are cancelled or declared "no contest".
(7) If at least one race included as part of
a grand slam wager is canceled or declared "no contest", but not more than the
number specified in Paragraph (6) of Subsection I of
15.2.7.12 NMAC, the net pool shall
be distributed from a single betting pool to those bettors whose selections
finished first, second or third in the greatest number of grand slam contests
in the first three races in a series of four designated grand slam contests. In
determining a pari-mutuel distribution under this section, a finish of first in
the final and fourth designated grand slam contest race for the performance in
question shall have the same weight as a finish of first, second or third in
the greatest number of grand slam contests in the first three races in a series
of four designated grand slam contests.
(8) When the condition of the turf course
warrants a change of racing surface in any of the legs of the grand slam races,
and such change has not been made known to the betting public prior to the
close of wagering for the grand slam pool, the stewards shall declare the
changed leg(s) a "no contest" for grand slam wagering purposes and the pool
shall be distributed in accord with Paragraph (7) of Subsection I of
15.2.7.12 NMAC.
(9) Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of live tickets remaining prior to the third
segment of the wager being made official is strictly prohibited. This shall not
prohibit necessary communication between totalisator and pari-mutuel department
employees for processing of pool data.
K.
QUINELLA POOLS:
(1) The quinella requires selection of the
first two finishers, irrespective of order, for a single contest.
(2) 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 of 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 the 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.
(3) 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 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 quinella pool shall be distributed as if no dead heat
occurred;
(c) contestants
representing three or more betting interests, the quinella pool shall be
distributed as a profit split.
(4) 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.
(5) 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 interests 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 interests 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.
L.
QUINELLA DOUBLE POOLS:
(1) The quinella double requires selection of
the first two finishers, irrespective of order, in each of two specified
contests.
(2) 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 price 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.
(3) 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 of more betting interests, the quinella double pool shall be
distributed as a profit split.
(4) 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.
(5) If there is
a dead heat for second in either of the quinella double contests involving
contestants representing two or more betting interests, the quinella double
pool shall be distributed as profit split.
(6) 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.
(7)
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.
(8) 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 payout. In
calculating the consolation payout 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 payout. Breakage is
not utilized in this calculation. The consolation payout is deducted from the
net quinella double pool before calculation and distribution of the winning
quinella double payout. In the event of a dead heat involving separate betting
interests, the net quinella double pool shall be distributed as a profit
split.
(9) 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.
(10) 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.
M.
EXACTA POOLS:
(1) The exacta
requires selection of the first two finishers, in their exact order, for a
single contest.
(2) 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 interests; 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.
(3) If there is a dead heat for first
involving:
(a) contestants representing the
same betting interest, the exacta pool shall be distributed as a single price
pool to those selecting the coupled entry of 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.
(4) If there is a
dead heat for second involving contestants represent the same betting interest,
the exacta pool shall be distributed as if no dead heat occurred.
(5) 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 interests 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 there are no such
wagers, then
(d) the entire pool
shall be refunded on exacta wagers for that contest.
N.
TRIFECTA POOLS:
(1) The trifecta requires selection of the
first three finishers, in their exact order, for a single contest.
(2) 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
combinations included, in correct sequence, the first two betting interest; but
if there are no such wagers, then
(c) as a single price pool to those whose
combinations 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
(e) where only two horses finish in the race
on which trifecta wagering is conducted, the pool shall be calculated so that
the net pool should be divided by the value of tickets sold in the pool on
horses selected to finish first and second in the exact order of the official
result coupled with any other horse that started in the race;
(f) where only one horse finishes in a race
on which trifecta wagering is conducted, the pool shall be calculated so that
the net pool shall be divided by the value of the tickets sold in the trifecta
pool selecting that horse to finish first, coupled with any two other horses
started in the race.
(3)
If less than three betting interests finish and the contest is declared
official, payouts 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.
(4) 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.
(5) 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.
(6) 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.
O.
SUPERFECTA POOLS:
(1) The superfecta requires selection of the
first four finishers, in their exact order for a single contest.
(2) 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.
(3) If less than
four betting interests finish and the contest is declared official, payouts
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.
(4) 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 a combination 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.
(5) 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.
(6) 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.
(7) 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.
(8) Coupled entries and mutuel fields may be
permitted in superfecta contests with the prior written approval of the
commission.
P.
Pentafecta (Super Hi-5):
(1) The
pentafecta (super hi-5) requires the selection of the first five finishers, in
their exact order, for a single contest.
(2) An association may elect to conduct a
pentafecta (super hi-5) in the carryover method as provided in subsection (7)
below. If an association elects to offer the carryover method, a notice shall
be made in the daily program explaining that there is a carryover provision and
the percentages applying to the jackpot pool and the minor pool. All
pentafectas (super hi-5) not conducted in the carryover method shall be
conducted in the non-carryover method as provided in subsection (3)
below.
(3) The net non-carryover
pentafecta (super hi-5) 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 exact order as the first five betting interests, if
there are no such wagers;
(b) as a
single price pool to those whose combination included, in exact order, the
first four betting interests, if there are no such wagers;
(c) as a single price pool to those whose
combination included, in exact order, the first three betting interests, if
there are no such wagers;
(d) as a
single price pool to those whose combination included, in exact order, the
first two betting interests, if there are no such wagers;
(e) as a single price pool to those whose
combination correctly selected the first place betting interest only, if there
are no such wagers;
(f) the entire
pentafecta (super hi-5) pool shall be refunded for that contest.
(4) If less than five betting
interests finish and the contest is declared official, payouts will be made
based upon the order of finish of those betting interests completing the
contest.
(5) If there is a dead
heat in any of the finishing positions, all wagers selecting either of the
dead-heated positions with the correct non-dead-heated positions shall be
winners and share in the specified payout pool. For example, the results 1/2
-3-4-5 -6 with a dead heat in the win position involving numbers 1 and 2 would
produce the following winning combinations: 1-2-3 -4-5 and 2-1-3 -4-5. Payouts
will be calculated by splitting the pool equally between each winning
combination, then dividing each portion by the number of winning tickets (a
"profit split"). As such, a dead heat will produce separate and distinct
payouts associated with the distinct winning combinations.
(6) In the event that more than one component
of a coupled entry or mutual field finishes within the first five positions,
the first member of the coupled entry or field to finish shall determine the
position of the single betting interest. The net pool shall be distributed to
those whose selection included the coupled entry or mutuel field and each of
the other four betting interests.
(7) The net carryover pentafecta (super hi-5)
pool shall be distributed to winning wagers in the following order of finish:
(a) if tickets are sold on the winning
combination of the pentafecta (super hi-5), the net pool shall have added to it
any carryover monies from previous pentafecta (super hi-5) contests, and shall
then be equally divided among those ticket holders;
(b) if no tickets are sold on the winning
combination of the pentafecta (super hi-5), then the net pool shall be divided
into two separate pools. The major pool of the net pool shall be paid as a
carryover pool into the next scheduled pentafecta (super hi-5) race. The
remaining minor pool shall be paid as a pentafecta (super hi-5) consolation
pool, which will be equally divided among those tickets holders who correctly
selected the first four betting interests; but if there is no such wager
then;
(c) the pentafecta (super
hi-5) consolation pool will be divided among those ticket holders who correctly
select the first three interests; but if there are no such wagers,
then;
(d) the pentafecta (super
hi-5) consolation pool will be divided among those ticket holders who correctly
select the first two interests; but if there are no such wagers,
then;
(e) the pentafecta (super
hi-5) consolation pool will be divided among those ticket holders who correctly
select the first betting interest; but if there are no such wagers,
then;
(f) the entire net pool shall
become a carryover pool into the next regularly scheduled pentafecta (super
hi-5) race.
(g) If the pentafecta
(super hi-5) gross pool is refunded in accordance with the above-described
rules, then all monies carried over, if any, shall be carried over to the next
regularly scheduled pentafecta (super hi-5).
(h) If less 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. In this
event, payouts will be calculated as consolation payouts and the remaining net
pool will be handled as a jackpot carryover.
(i) In the event the accumulated jackpot
carryover has not been distributed prior to the final contest of the
performance, then the accumulated jackpot carryover and the net pool in the
final pentafecta (super hi-5) contest of the performance will be added to the
first pentafecta (super hi-5) contest of the next performance.
(j) All dead heat provisions of Paragraphs
(5), (6), (7), (8), (9) of this subsection and coupled entry of mutuel field
provisions of Paragraph (6) of this subsection apply to the net carryover
pentafecta (super hi-5) pool distributions.
(8) Unique winning wager option:
(a) Unique winning wager, as used in this
subsection shall be defined as having occurred when there is one and only one
winning wager whose combination finished in correct sequence as the first five
betting interests based upon the official order of finish and is equal to the
minimum allowable wager. In the event that there is more than one winning wager
whose combination finished in correct sequence as the first five betting
interests, a unique winning wager shall be deemed to not have
occurred.
(b) If an association
elects to offer the unique winning wager option, the net pentafecta (super
hi-5) pool shall be distributed to winning wagers in the following order of
precedence, based on the official order of finish:
(1) as a single price pool, including any
applicable carryover, to the holder of a unique winning wager whose combination
finished in correct sequences as the first five betting interests, but if there
is no such unique winning wager, then,
(2) the net pool shall be divided into two
separate pools. The major pool of the net pool shall be paid as a carryover
into the next regularly scheduled pentafecta (super hi-5). The remaining minor
pool shall be paid as a pentafecta (super hi-5) consolation pool, which shall
be equally divided among those wager holders who correctly select the first
five interests in order, but if there are no such wagers, then
(3) the entire net pool shall be carried over
into the next regularly scheduled pentafecta (super hi-5) pool.
(c) The association shall specify
the minimum monetary amount of a unique winning wager with prior approval of
the Commission.
(d) Prior to the
start of the race meet, the association shall specify the percentages for a
major and minor pool with prior approval of the commission.
(e) A written request to distribute the
pentafecta (super hi-5) pool plus any carryover on a specific date and
performance may be submitted by the association to the executive director for
approval. The request must be for a specified date no greater than one year
from the date the request is submitted. Should the pentafecta (super hi-5) net
pool and any applicable carryover be designated for distribution on a specified
date and performance in where there is no unique winning wager, the entire pool
shall be distributed using the method described in this subsection.
(9) The minimum number of betting
interests required to start in a contest in which pentafecta (super hi-5)
wagering is offered shall be seven.
(10) Associations electing to offer the net
carryover pentafecta or unique payout (super hi-5) pool may, prior to offering
the wager designate the jackpot carryover amount at any given percentage of the
net pool; the remaining percentages will be the minor pool portion, if any.
This elected percentage may not be changed during the performance on which the
pentafecta (super hi-5) is conducted in the carryover method.
(11) At the association's discretion, the
pentafecta (super hi-5) wager may be discontinued and there will be a final
distribution of any jackpot carryover combined with the final net pool of the
final pentafecta (super hi-5) race and priced as a single price pool as
described in Paragraph (3) of this subsection.
(12) Each association conducting the
pentafecta (super hi-5) pool of any type, must notify the wagering public via a
statement in the official program a declaration of whether the standard version
or the carryover version of the pool is being conducted.
(13) Different methods of conduct of this
pool may not be combined for the pentafecta (super hi-5) between intertrack or
simulcast wagering hosts and guests.
Q.
TWIN QUINELLA POOLS:
(1) 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.
(2) 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 wagers on one of those two finishers, then
(d) those whose combination included the one
covered betting interest included within the first two finishers shall be
winners; but if there are no such wagers, then
(e) the entire pool shall be refunded on twin
quinella wagers for that contest.
(3) 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.
(4) 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 interests involved in the dead for second shall be winners.
(5) 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) as a single price pool to all the
exchange ticket holders for that contest; but if there are no such tickets,
then
(f) in accordance with
Subsection M Paragraph (2) of 15.2.7 NMAC.
(6) 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 a profit split to those whose combination included any two of
the betting interests finishing in the dead heat.
(7) 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.
(8) 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.
(9) 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.
(10) 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.
(11) If either of the twin quinella contests
is cancelled prior to the first twin quinella contest, or the first twin
quinella contest is declared "no contest", the entire twin quinella pool shall
be refunded on twin quinella wagers for that contest.
(12) 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 is no such wagers,
the net twin quinella pool shall be distributed as described in Subsection M
Paragraph (2) of 15.2.7 NMAC.
R.
TWIN TRIFECTA POOLS:
(1) 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 payout. Both of the designated twin trifecta contests shall be
included in only one twin trifecta pool.
(2) 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.
(3) 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) 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 contest and the second-half shall be cancelled.
(4) 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.
(5) 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.
(6) 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.
(7) 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.
(8) 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
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.
(9) 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 that contest as a single price pool, but not the twin
trifecta carryover.
(10) 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 payout shall be calculated as a profit split;
(b) the second half of the twin trifecta, the
payout shall be calculated as a single price pool.
(11) If either of the twin trifecta contests
are cancelled prior to the first twin trifecta contest, or 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.
(12) 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 N Paragraph
(3) of 15.2.7 NMAC.
(13) The twin
trifecta 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
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.
(14) 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.
(15) 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.
(16) Contrary to Subsection N Paragraph (4)
of 15.2.7 NMAC, 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.
(17) 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 N Paragraph (15) of 15.2.7 NMAC;
(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.
(18) 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.
(19) Providing
information to any person regarding covered combinations or amount wagered on
specific combinations is prohibited. This shall not prohibit necessary
communication between totalisator and pari-mutuel department employees for
processing of pool data.
(20) The
association 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.
S.
TRI-SUPERFECTA POOLS:
(1) 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 cashed for an exchange ticket on the second tri-superfecta contest in
order to remain eligible for the second-half tri-superfecta pool. The number of
exchanges to be determined by the association with written approval of the
commission. 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 payout. Both of the designated
tri-superfecta contests shall be included in only one tri-superfecta
pool.
(2) 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.
(3) 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
combinations included, in correct sequence, the first two betting interest; but
if there are no such wagers, then
(c) as a single price pool to those whose
combinations correctly selected the first-place betting interest only; but if
there are no such wagers, then
(d)
the entire pool shall be refunded.
(4) 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.
(5) 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.
(6) 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.
(7) Coupled entries and mutuel fields may be
permitted in tri-superfecta contests with the prior written approval of the
commission.
(8) 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.
(9) 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.
(10) 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.
(11) 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
payout shall be calculated as a profit split;
(b) the second half of the tri-superfecta,
the payout shall be calculated as a single price pool.
(12) 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.
(13) 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 O
Paragraph (3) of 15.2.7 NMAC.
(14)
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.
(15) A written request for
permission to distribute the tri-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.
(16) 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 those whose
combination included, in correct sequence, 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.
(17) Contrary to
Subsection O Paragraph (4) of 15.2.7 NMAC, during a performance designated to
distribute the 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 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.
(18) 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 O Paragraph (15) of
15.2.7 NMAC;
(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.
(19) 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.
(20)
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.
(21) The association 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 the amount of any cap to be set on
the carryover. Any changes to the approved tri-superfecta format require prior
approval from the commission.
T.
TWIN SUPERFECTA POOLS:
(1) 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 ticket windows prior to the second twin superfecta
contest. Winning first-half twin superfecta tickets will receive both an
exchange and a monetary payout. Both of the designated twin superfecta contests
shall be included in only one twin superfecta pool.
(2) 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.
(3) 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.
(4) If no first-half twin superfecta ticket
selects the first four finishers of that contest in exact order, winning ticket
holders shall no 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.
(5) 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.
(6) 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.
(7) Coupled entries and mutuel fields may be
permitted in twin superfecta contests with the prior written approval of the
commission.
(8) 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.
(9) 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 tickets holder forfeits all
rights to the second-half twin superfecta pool.
(10) 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.
(11) 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
in:
(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.
(12) 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.
(13) 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 P Paragraph (3)
of 15.2.7 NMAC.
(14) 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.
(15) 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.
(16) Should the twin superfecta carryover be
designated for distribution on a specified date and 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 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.
(17) Contrary to Subsection P Paragraph (4)
of 15.2.7 NMAC, 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, and third-place betting interests. 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 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.
(18) 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 P Paragraph (15) of
15.2.7 NMAC 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.
(19) If, for any reason, the twin superfecta
carryover must be held over to the corresponding twin twin superfecta pool of
the following meet on a date and performance so designated by the
commission.
(20) 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.
(21) The association 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 subsequent changes to the approved twin superfecta format
require prior approval from the commission.
U.
EXACTA (n) POOLS:
(1) The exacta (n) requires selection of the
first two finishers, in their exact order, in each of a designated number of
contests. The association must obtain written approval from the commission
concerning the scheduling of exacta (n) contests, the designation of one of the
methods prescribed in Subsection Q Paragraph (2) 15.2.7 NMAC; and the amount of
any cap to be set on the carryover. Any changes to the approved exacta (n)
format require prior approval from the commission.
(2) The exacta (n) pool shall be apportioned
under one of the following methods:
(a) Method
1, exacta (n) with no minor pool and no carryover. The net exacta (n) pool
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in each of the exacta (n) contests,
based upon the official order of finish. If there are no wagers selecting the
first and second place finishers, in exact order, in each of the exacta (n)
contests, the net exacta (n) pool shall be distributed as a single price pool
to those who selected the first and second place finishers, in exact order, in
the greatest number of exacta (n) contests. If there are no winning wagers, the
entire pool shall be refunded on exacta (n) wagers for those
contests.
(b) Method 2, exacta (n)
with no minor pool and carryover instead of a refund. The net exacta (n) pool
and the carryover, if any, shall be distributed as a single price pool to those
who selected the first and second place finishers, in exact order, in each of
the exacta (n) contests, based upon the official order of finish. If there are
no wagers selecting the first and second place finishers, in exact order, in
each of the exacta (n) contests, the net exacta (n) pool and the carryover
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in the greatest number of exacta (n)
contests. If there are no winning wagers, the net exacta (n) pool shall be
added to the carryover.
(c) Method
3, exacta (n) with no minor pool and carryover. The net exacta (n) pool and the
carryover, if any, shall be distributed as a single price pool to those who
selected the first and second place finishers, in exact order, in each of the
exacta (n) contests, based upon the official order of finish. If there are no
winning wagers, the net exacta (n) pool shall be added to the
carryover.
(d) Method 4, exacta (n)
with minor pool and no carryover. The major share of the net exacta (n) pool
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in each of the exacta (n) contests,
based upon the official order of finish. The minor share of the net exacta (n)
pool shall be distributed as a single price pool to those who selected the
first and second place finishers, in exact order, in the second greatest number
of exacta (n) contests, based upon the official order of finish. If there are
no wagers selecting the first and second place finishers, in exact order, in
each of the exacta (n) contests, the major share of the net exacta (n) pool
shall be combined with the minor share for distribution as a single price pool
to those who selected the first and second place finishers, in exact order, in
the greatest number of exacta (n) contests. If there are no wagers selecting
the first and second place finishers, in exact order, in a second greatest
number of exacta (n) contests, the minor share of the net exacta (n) pool shall
be combined with the major share for distribution as a single price pool to
those who selected the first and second place finishers, in exact order, in
each of the Exacta (n) contests. If there are no winning wagers, the pool shall
be refunded on exacta (n) wagers for those contests.
(e) Method 5, exacta (n) with minor pool and
carryover. The major share of the net exacta (n) pool and the carryover, if
any, shall be distributed as a single price pool to those who selected the
first and second place finishers, in exact order, in each of the exacta (n)
contests, based upon the official order of finish. The minor share of the net
exacta (n) pool shall be distributed as a single price pool to those who
selected the first and second place finishers, in exact order, in the second
greatest number of exacta (n) contests, based upon the official order of
finish. If there are no wagers selecting the first and second place finishers,
in exact order, in each of the exacta (n) contests, the minor share of the net
exacta (n) pool shall be distributed as a single price pool to those who
selected the first and second place finishers, in exact order, in the greatest
number of exacta (n) contests, and the major share shall be added to the
carryover. If there are no wagers selecting the first and second place
finishers, in exact order, in a second greatest number of exacta (n) contests,
the minor share of the net exacta (n) pool shall be combined with the major
share for distribution as a single price pool to those who selected the first
and second place finishers, in exact order, in each of the exacta (n) contests,
or if there are no such winning wagers, added to the carryover.
(f) Method 6, exacta (n) with minor pool
based upon any one exacta and no carryover. The major share of the net exacta
(n) pool shall be distributed as a single price pool to those who selected the
first and second place finishers, in exact order, in each of the exacta (n)
contests, based upon the official order of finish. The minor share of the net
exacta (n) pool shall be distributed as a single price pool to those (including
recipients of the major share of the net exacta (n) pool) who selected the
first and second place finishers, in exact order, in at least one of the exacta
(n) contests, based upon the official order of finish. If there are no wagers
selecting the first and second place finishers, in exact order, in each of the
exacta (n) contests, the major share of the net exacta (n) pool shall be
combined with the minor share for distribution as a single price pool to those
who selected the first and second place finishers, in exact order, in at least
one of the exacta (n) contests. If there are no winning wagers, the pool is
refunded.
(g) Method 7, exacta (n)
with minor pool based upon any one exacta, and carryover. The major share of
the net exacta (n) pool and the carryover, if any, shall be distributed as a
single price pool to those who selected the first and second place finishers,
in exact order, in each of the exacta (n) contests, based upon the official
order of finish. The minor share of the net exacta (n) pool shall be
distributed as a single price pool to those (including recipients of the major
share of the net exacta (n) pool) who selected the first and second place
finishers, in exact order, in at least one of the exacta (n) contests, based
upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in each of the exacta (n) contests,
the major share shall be added to the carryover. If there are no wagers
selecting the first and second place finishers, in exact order, in any of the
exacta (n) contests, the minor share of the net exacta (n) pool shall also be
added to the carryover.
(h) Method
8, exacta (n) with minor pool based upon individual exactas, and no carryover.
The major share of the net exacta (n) pool shall be be distributed as a single
price pool to those who selected the first and second place finishers, in exact
order, in each of the exacta (n) contests, based upon the official order of
finish. The minor share of the net exacta (n) pool shall be distributed as a
single price pool based upon the sum of the dollar value of wagers for each of
the exacta (n) contests considered separately, in which the first and second
place finishers, in exact order, were correctly selected, based on the official
order of finish. The minor share of the net exacta (n) pool shall be
distributed as a single price pool to those (including recipients of the major
share of the net exacta (n) pool) who selected the first and second place
finishers, in exact order, in one or more of the exacta (n) contests. Each
recipient of a minor share shall receive an amount equal to the single price
times the number of exacta (n) contests in which the recipient correctly
selected the winning combination. If there are no wagers selecting the first
and second place finishers, in exact order, in all exacta (n) contests, the
major share shall be combined with the minor share and the entire net exacta
(n) pool shall be distributed in accordance with the rules in the preceding
paragraph for distributing the minor share of the net exacta (n) pool. If there
are no winning wagers, the pool shall be refunded.
(i) Method 9, exacta (n) with minor pool
based upon individual exactas, and carryover. The major share of the net exacta
(n) pool and the carryover, if any, shall be distributed as a single price pool
to those who selected the first and second place finishers, in exact order, in
each of the exacta (n) contests, based upon the official order of finish. The
minor share of the net exacta (n) pool shall be distributed as a single price
pool based upon the sum of the dollar value of wagers, for each of the exacta
(n) contests considered separately, in which the first and second place
finishers, in exact order, were correctly selected, based on the official order
of finish. The minor share of the net exacta (n) pool shall be distributed as a
single price pool to those (including recipients of the major share of the net
exacta (n) pool) who selected the first and second place finishers, in exact
order, in one or more of the exacta (n) contests. Each recipient of a minor
share shall receive an amount equal to the single price times the number of
exacta (n) contests in which the recipient correctly selected the winning
combination. If there are no wagers selecting the first and second place
finishers, in exact order, in all exacta (n) contests, the minor share shall be
distributed in accordance with the rules in the preceding paragraph for
distributing the minor share of the net exacta (n) pool, and the major share
shall be added to the carryover; except that if there are no winning wagers in
either the major or the minor pool, today's pool shall be refunded and the
carryover shall be carried over.
(j) Method 10, exacta (n) with minor pool
based upon individual exactas and carryover; 100% carryover if no winning
wagers. The major share of the net exacta (n) pool and the carryover, if any,
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in each of the exacta (n) contests,
based upon the official order of finish. The minor share of the net exacta (n)
pool shall be distributed as a single price pool based upon the sum of the
dollar value of wagers, for each of the exacta (n) contests considered
separately, in which the first and second place finishers, in exact order, were
correctly selected, based upon the official order of finish. The minor share of
the net exacta (n) pool shall be distributed as a single price pool to those
(including recipients of the major share of the net exacta (n) pool) who
selected the first and second place finishers, in exact order, in one or more
of the exacta (n) contests. Each recipient of a minor share shall receive an
amount equal to the single price times the number of exacta (n) contests in
which the recipient correctly selected the winning combination. If there are no
wagers selecting the first and second place finishers, in exact order, in all
exacta (n) contests, the minor share shall be distributed in accordance with
the rules in the preceding paragraph for distributing the minor share of the
net exacta (n) pool, and the major share shall be added to the carryover. If
there are no winning wagers, the minor share shall also be added to the
carryover.
(3) Dead
Heats: In the event of a dead heat in any of the exacta (n) contests, the net
exacta (n) shall be distributed to winning wagers in the following precedence,
based upon the official order of finish, for each exacta contest within the
exacta (n) wager:
(a) If there is a dead heat
for first in any of the exacta (n) contests involving contestants representing
the same betting interest, the exacta (n) pool shall be distributed 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.
(b) If there is a dead
heat for first in any of the exacta (n) contests involving contestants
representing two or more betting interests, the exacta (n) pool shall be
distributed as a single price pool with a winning wager including each betting
interest involved in the dead heat.
(c) If there is a dead heat for second in any
of the exacta (n) contests involving contestants representing the same betting
interest, the exacta (n) pool shall be distributed as if no dead heat
occurred.
(d) If there is a dead
heat for second in any of the exacta (n) contests involving contestants
representing two or more betting interests, the exacta (n) pool shall be
distributed as a single price pool with a winning wager including the betting
interest which finished first together with any betting interest involved in
the dead heat for second.
(4) Scratches: Should a betting interest in
any contest of the exacta (n) be scratched or excused from the contest prior to
the first exacta (n) contest being declared official, all money wagered on
combinations including the scratched betting interest shall be deducted from
the exacta (n) pool and refunded.
(a) Should a
betting interest in any contest of the exacta (n) be scratched or excused from
the contest after the first exacta (n) contest has been declared official, all
money wagered on combinations including this betting interest shall remain in
the exacta (n) pool and the ticket holder may still collect the monetary value
of any distribution evidenced by the ticket containing the scratched betting
interest.
(b) If, due to a late
scratch, the number of betting interests in a contest of the exacta (n) is
reduced to fewer than two, for purposes of the exacta (n) such contests shall
be declared "no contest" and the exacta (n) pool shall be subject to the rules
set forth in Subsection Q Paragraph (5) of 15.2.7 NMAC of these
rules.
(5) Cancelled
Contests: If any of the exacta (n) contests are cancelled or declared "no
contest" prior to the first exacta (n) contest being declared official, the
entire exacta (n) pool shall be refunded on exacta (n) wagers for those
contests.
(a) If all remaining exacta (n)
contests are cancelled or declared "no contest" after the first exacta (n)
contest is declared official, the net exacta (n) pool shall be distributed as a
single price pool to wagers selecting the winning combination in the first
exacta (n) contest, but not the exacta (n) carryover. However, if there are no
wagers selecting the winning combination in the first exacta (n) contest, the
entire exacta (n) pool shall be refunded on exacta (n) wagers for those
contests.
(b) If any of the
remaining exacta (n) contests are cancelled or declared "no contest" after the
first exacta (n) is declared official, the net exacta (n) pool shall be
distributed in accordance with rules governing distribution of the minor share
where there is no winner of the major share.
(6) Mandatory Distribution: A written request
for permission to distribute the exacta (n) carryover on a specific performance
may be submitted to the commission. The request shall contain justification for
the mandatory distribution, an explanation of the benefit to be derived, and
the intended date and performance for the distribution. The association must
notify the commission at least 10 days prior to implementation. If the exacta
(n) pool cannot be distributed during a designated performance, the mandatory
distribution shall resume on the next scheduled mandatory distribution
performance.
(a) If the exacta (n) carryover
is designated for distribution on a specified date and performance, the
following precedence shall be followed in determining winning tickets for the
net exacta (n) pool and the carryover pool;
(b) As a single price pool to those who
selected the first and second place finishers, in exact order, in each of the
exacta (n) contests, based upon the official order of finish. If there are no
wagers selecting the first and second place finishers, in exact order, in all
exacta (n) contests, then
(c) As a
single price pool to those who selected the first and second place finishers,
in exact order, in at least one of the exacta (n) contests based upon the
official order of finish.
(d) If
there are no wagers which correctly selected the first and second place
finishers, in exact order, in at least one of the exacta (n) contests, based
upon the official order of finish, then all exacta (n) tickets shall become
winners and receive 100 percent of that day's net exacta (n) pool and the
exacta (n) carryover pool as single price pool.
(e) Subsequent meet, the carryover shall be
deposited in an interest-bearing account approved by the commission. The exacta
(n) carryover plus accrued interest shall then be added to the net exacta (n)
pool of the following meet on a date and performance so designated by the
commission.
V.
TEAM WAGER POOL:
(1) The team
wager pool requires selection of a designated "team" in each of a designated
number of contests. Winning bets shall be determined based upon the official
order of finish in each contest and the standing of each team with respect to
the official order of finish. For purposes of the team wager, finishers from
the same team shall be bracketed together to determine a single betting
interest, as set forth in Paragraph (4).
(2) Prior to the start of the contests that
comprise the team wager, all participants in each of the contests shall be
divided by the association between or among each of the team wager teams, and
the roster of each team made public, as well as the number of points to be
awarded to the team whose member is the first finisher in a designated contest,
the second finisher, and so forth until no more points are awarded in that
contest.
(3) At the conclusion of
all contests that comprise the team wager, the number of points for each team
shall be compiled, and the team with the most points shall be declared the
"winning team".
(4) The team wager
pool shall be apportioned under either of the following methods:
(a) Winning Margins Team Wager:
(i) In the "winning margins team wager", the
total number of points awarded in the team wager shall be divided by the
association into a series of brackets comprised of a series of point ranges
("winning margin") by which one team (team A) might defeat the other team (team
B); a series of point ranges by which team B might defeat team A; and a tie
between the teams. Each bracket shall constitute a separate betting interest in
the winning margins team wager.
(ii) The net winning margins team wager pool
shall be distributed as a single price pool to those who selected the correct
bracket. If there are no wagers selecting the correct bracket, the entire pool
shall be refunded.
(iii) Example:
Points are assigned to each of the first four finishers in each contest (four
points for the first finisher down to one point for the fourth finisher, for a
total of 10 points awarded in each contest), based upon the official order of
finish, with a total of six contests in the team wager, resulting in a total of
60 points in all. The brackets could be designated as:
| Team A's winning margin is | 1-10 points |
| 11-20 points | |
| 21-30 points | |
| 31-40 points | |
| 41-50 points | |
| 51-60 points | |
| Team B's winning margin is | 1-10 points |
| 11-20 points | |
| 21-30 points | |
| 31-40 points | |
| 41-50 points | |
| 51-60 points | |
| The two teams tie, and the margin is 0 points | |
| In this example, there are 13 separate betting interests | |
| If, in this example, finishers representing team A come in 1st and 3rd in one contest, and finishers representing team B come in 2nd and 4th in that contest, team A would have 4+2=6 points and team B would have 3+1=4 points. The current winning margin (after the first contest) would be team A by 2 points |
(b) Team Double Wager
(i) In the "team double wager", the
commission shall approve two different methods of determining the winning
tickets qualifying for a share of the net pool.
(ii) The commission shall also approve the
manner of apportioning the net team double wager pool, and the conditions under
which the pool shall be refunded or otherwise apportioned if there are no
winning wagers.
(iii) Example: A
"daily-double"-style pool consisting of having to correctly select the bracket
of the winning margin, as above, as well as a bracket based upon and including
the total points achieved by the winning team.
(5) Brackets
(a) The brackets may be comprised of the
margins by which the winning team defeats the team that finishes second; the
total number of points achieved by the winning team; or other method of
determining the brackets, as approved by the commission.
(b) Such factors as the number of teams in
the team wager; the method by which teams are designated; the number of points
to be awarded in each contest, the number of contests comprising the team
wager; and the method by which the "brackets" constituting each betting
interest in the team wager are designated, shall all be subject to approval of
the commission.
(6)
Coupled Entries or Fields: With approval of the commission, coupled entries may
be permitted in contests comprising the team wager, but may only participate as
part of the same team. With approval of the commission, fields may be permitted
in contests comprising the team wager, but may only participate as part of the
same team.
(7) Dead Heat: If there
is a dead heat including any finisher(s) for which points are awarded in the
team wager, the total amount of points in the dead heat positions shall be
combined and divided equally amongst the betting interests that have finished
in the dead heat.
(8) Scratches
(a) Should an entry in any contest of the
team wager be scratched or excused from the contest, all money wagered on
combinations including this entry shall remain in the team wager pool and the
ticket holder may still collect the monetary value of any distribution
evidenced by the ticket containing the scratched betting interest.
(b) If, due to a scratched or excused entry,
the number of entries assigned to a team in a contest of the team wager is
reduced to fewer than the number of positions in the final order of finish for
which the team is eligible to receive points, for purposes of the team wager
pool such contest shall be declared "no contest" and wagers involving any
betting interests that are no longer capable of being achieved shall be
refunded.
W.
MATCH RIVAL POOLS:
(1) The match
rival requires the selection of the winning contestant in a designated contest
or series of contests, in a competition between two or more equally matched
betting interests, or based on the sportsmanship or skill of the jockeys or
trainers, regardless of the official placing of the other betting interests in
that contest or series of contests.
(2) The choice of which contestants from a
contest shall participate in the match rival shall be made as follows:
(a) the association must obtain written
approval from the commission concerning who shall determine the contestants for
each match rival contest;
(b) the
matching of contestants for the match rival shall be limited to contestant
versus contestant, jockey versus jockey or trainer versus trainer;
(c) the contestants chosen for the match
rival wager shall be conspicuously identified in the official
program;
(3) The net
match rival pool shall be distributed to winning wagers in the following
precedence, based on the official order of finish:
(a) as a single price pool to those whose
selection finished first in a single match rival contest, or first in the
greatest number of a series of match rival contests; but if there are no such
wagers, then;
(b) the match rival
pool shall be refunded;
(4) If there is a dead heat in a contest
involving two or more of the contestants in:
(a) a single-contest match rival pool, then
the entire pool shall be refunded; or
(b) one or more contests of a series, then
all contestants involved in the dead heat shall be considered winners and the
net pool shall be distributed as a single price pool, provided that:
(c) in a series of contests, if there is a
dead heat in half or more of the contests then the match rival pool for those
contests shall be refunded.
(5) If any match rival contest is cancelled
or declared no contest;
(a) in a
single-contest match rival pool, the pools shall be refunded;
(b) in a series of contests, if half or more
of the contests are cancelled or declared no contest, then the match rival pool
for those contests shall be refunded.
(6) If any contestant is scratched or
declared a non-starter in any match rival contest, then that contest shall be
cancelled.
(7) If all contestants
fail to finish in a match rival contest, then that contest shall be
cancelled.
X.
123
RACING PICK (N) WAGER POOL:
(1) The
123Racing pick-n is a pari-mutuel wager that requires the selection of one
runner from each contest in a series of specific contests comprising the
123Racing pick-n pool ("123Racing pool"). "N" denotes the number of designated
contests in that pool.
(2) Four is
the minimum number of contests required to offer a 123Racing pick-n
pool.
(3) If a 123Racing pick-n
pool is reduced to fewer than four completed contests, the 123Racing pick-n
pool will be cancelled and all wagers will be refunded.
(4) Each wager is automatically assigned to a
unique wager identification by the host totalizator platform, and is allocated
"points" in each contest.
(5)
Points are allocated for winning selections of contestants that finish in the
first, second or third position in the official results for each contest and
have a pari-mutuel payout associated with its finish. Points scored will be
equivalent to adding the pari-mutuel pool host payouts for its finish. Points
scored will be equivalent to adding the pari-mutuel pool host payouts for the
win, place and show wager on that selection (i.e. $2 win, $2 place and $2 show
wagers).
(6) Points are accumulated
after each contest in the 123Racing pick-n pool and displayed on a leaderboard
shown at betting venues and online.
(7) Each 123Racing pick-n wager is assigned a
unique identifier or nickname associated with the serial number of the ticket
or account wager record. This unique identifier or nickname is used to identify
the wagers' progress on the leaderboard display.
(8) The unique 123Racing pick-n wagers with
the highest points scores after the last designated contest, share in the
payouts of the net pool according to paragraph (14) of this
subsection.
(9) After each leg of
the contests comprising the 123Racing pick-n wager, the leaderboard displays
the points accumulated from that leg and the cumulative points of each player
and their ranking in the 123Racing pick-n pool. After the final contest
comprising the 123Racing pick-n, the leaderboard displays the final results and
payouts for the 123Racing pick-n pool.
(10) Where a selection in a 123Racing pick-n
wager does not finish in first, second or third in the official results, or the
selection was a non-wagering interest, no points are scored.
(11) The 123Racing pick-n wager is not
eliminated if a selection does not score points.
(12) Wagering on the 123Racing pick-n pool
shall close at the start of the first designated contest in the 123Racing
pick-n pool. Participants are not permitted to cancel a 123Racing pick-n wager
after the 123Racing pick-n pool has closed.
(13) One hundred percent of the net 123Racing
pick-n pool is paid out upon completion of all designated contests in the
123Racing pick-n pool.
(14) The
distribution of the 123Racing pick-n pool is based on the winning wager(s) in
the following order of precedence:
(a) Single
winners of the 123Racing pick-n pool
(i) The
highest scoring single wager in the 123Racing pick-n pool receives sixty
percent of the net pool.
(ii) The
second highest scoring single wager receives thirty percent of the net
pool.
(iii) The third highest
scoring single wager receives ten percent of the net pool.
(b) If there are two 123Racing pick-n wagers
that score the highest points then those two winning wagers share ninety
percent (sixty percent plus thirty percent) of the net pool equally divided
between the two winning wagers and the second highest scoring single wager
receive ten percent of the net pool.
(c) If there are three or more winning wagers
scoring the same highest points, one hundred percent of the net pool is equally
divided amongst each winning wager. This shall be done consistent with the
minimum pari-mutuel payouts of the jurisdiction in which the wager was
hosted.
(d) If there is a single
wager with the highest points total, and two or more wagers with the second
highest points total, the highest scoring wager will receive sixty percent of
the net pool, and the second highest points wagers share forty percent of the
net pool equally divided by the two or more wagers, as the case may be, that
scored the second highest points total.
(e) If there is a single wager with the
highest points total, and a single wager with the second highest points total,
and two or more wagers with the third highest points total, the highest scoring
wager will receive sixty percent of the net pool, the second highest point
wager will receive thirty percent of the net pool, and the third highest point
wagers will share ten percent of the net pool equally divided by the two or
more wagers, as the case may be, that scored the third highest point
total.
(15) Subject to
paragraph (3) of this subsection, if a single contest included as part of a
123Racing pick-n pool is cancelled or declared a "no contest", the net pool
shall be distributed based on the results of the other designated contests
included in the pool.
(16) Coupled
entries or mutuel fields, as defined within the rules and regulations of the
commission, shall race in any 123Racing pick-n contest as a single betting
interest for purposes of the 123Racing pick-n pool calculations.
(17) A scratch after wagering on the
123Racing pick-n has begun of any betting interest of a coupled entry or mutuel
field selection in said 123Racing pick-n contest shall be of no effect with
respect to the status of such remaining entry either or both field as a viable
wagering interests, unless in conflict with the wagering rules in the host
track jurisdiction.
(18) Should a
betting interest in any of the 123Racing pick-n contests be scratched, the post
time favorite, as evidenced by total amounts wagered in the win pool at the
host association for the contest 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 totalizator shall produce reports showing
each of the wagering combinations with substituted betting interest which
became winners as result of the substitution in addition to the normal winning
combination.
(19) The takeout and
the pool distribution for a 123Racing pick-n pool shall be set by the host
association and approved by the host regulatory commission.
(20) With written approval of the commission,
the pool host may contribute to the net amount of the 123Racing pick-n
pool.
(21) 123Racing pick-n scoring
example: Picks that finish first, second, or third in each contest score points
allocated by summing the pari-mutuel payouts equivalent to a $2 win, place and
show wager, i.e. by summing the official win, place and show pari-mutuel
payouts for the contest, as in the following examples:
|
Horse A - First Place Win: $6.00 Place: $5.60 Show: $2.20 Total Score Equals: Win + Place + Show =13.80 points |
Horse B - Second Place Place: $15.60 Show: $4.80 Total Score Equals: Place + Show = 20.40 points |
Horse C - Third Place Show: $2.10 Total Score Equals: Place = 2.10 points |
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.