Ohio Admin. Code 3769-3-40 - Fortune pick (n)
(A) The fortune pick (n) requires selection
of the first place finisher in each of a designated number of contests. The
permit holder must obtain written approval from the commission concerning the
scheduling of fortune pick (n) contests, and the amount of any cap to be set on
the carryover. Any changes to the approved fortune pick (n) format require
prior approval from the commission.
(B) fortune pick (n) with minor pool and
carryover with unique wager: the entire net fortune pick (n) 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 fortune pick (n)
contests, based upon the official order of finish. If there is no unique wager
selecting the first place finisher in all fortune pick (n) contests, the minor
share of the net fortune pick (n) pool shall be distributed as a single price
pool to those who selected the first place finisher in the greatest number of
fortune pick (n) contests; and the major share shall be added to the carryover.
(C) Unique wager, as used in this
rule, shall be defined as having occurred when the total amount wagered on a
winning combination selecting the first place finisher in each of the selected
fortune pick (n) contests, based upon the official order of finish, is equal to
the minimum allowable wager.
(D)
If there is a dead heat for first in any of the fortune pick (n) contests
involving:
(1) Contestants representing the
same betting interest, the fortune pick (n) pool shall be distributed as if no
dead heat occurred.
(2)
Contestants representing two or more betting interests, the fortune pick (n)
pool shall be distributed as a single price pool with each winning wager
receiving an equal share of the profit.
(E) Should a betting interest in any of the
fortune pick (n) contests be scratched, excused or determined to be a
non-starter, all tickets sold containing the scratched horse shall be refunded.
The money refunded will be deducted from the gross pool.
(F) The fortune pick (n) pool shall be
cancelled and all fortune pick (n) wagers for the individual performance shall
be refunded if:
(1) At least three contests
included as part of a fortune pick six are cancelled or declared "no contest."
(2) At least four contests
included as part of a fortune pick seven, pick eight, or pick nine are
cancelled or declared a "no contest."
(3) At least five contests included as part
of a fortune pick ten are cancelled or declared a "no contest."
(G) If at least one contest
included as part of a fortune pick (n) is canceled or declared "no contest,"
but not more than the number specified in paragraph (F) of this rule, the net
pool shall be distributed as a single price pool to those whose selection
finished first in the greatest number of fortune pick (n) contests for that
performance. Such distribution shall include the portion ordinarily retained
for the fortune pick (n) carryover but not the carryover from previous
performances.
(H) The fortune 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 fortune pick (n)
carryover equals or exceeds the designated cap, the fortune pick (n) carryover
will be frozen until it is won or distributed under other provisions of this
rule. After the fortune pick (n) carryover is frozen, one hundred per cent of
the net pool, part of which ordinarily would be added to the fortune pick (n)
carryover, shall be distributed to those whose selection finished first in the
greatest number of fortune pick (n) contests for that performance.
(I) A written request for permission to
distribute the fortune 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.
(J) Should the fortune 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 fortune 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 fortune pick (n)
contests. The fortune pick (n) carryover shall be designated for distribution
on a specified date and performance only under the following circumstances:
(1) Upon written approval from the commission
as provided in paragraph (I) of this rule;
(2) Upon written approval from the commission
when there is a change in the carryover cap, a change from one type of fortune
pick (n) wagering to another, or when the fortune pick (n) is discontinued;
(3) On the closing performance of
the meet or split meet.
(K) If, for any reason, the fortune pick (n)
carryover must be held over to the corresponding fortune pick (n) pool of a
subsequent meet, the carryover shall be deposited in an interest bearing
account approved by the commission. The fortune pick (n) carryover plus accrued
interest shall then be added to the net fortune pick (n) pool of the following
meet on a date and performance so designated by the commission.
(L) With the written approval of the
commission, the permit holder may contribute to the fortune pick (n) carryover
a sum of money up to the amount of any designated cap.
(M) It is strictly prohibited to provide
information to any person regarding covered combinations, amounts wagered on
specific combinations, number of tickets sold, or number of live tickets
remaining. This shall not prohibit necessary communication between totalizator
and pari-mutuel department employees for processing of pool data.
(N) The association may suspend previously
approved fortune pick (n) wagering with the prior approval of the commission.
Any carryover shall be held until the suspended fortune pick (n) wagering is
reinstated. An association may request approval of a fortune pick (n) wager or
separate wagering pool for specific performances.
(O) Fortune pick (n), as used in this rule,
shall mean the selection of winners in six or more races during the course of
an official racing program.
Notes
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 01/01/2009
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 1/1/09
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.