Or. Admin. Code § 462-200-0480 - 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 (1/2) 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. Table 2. [Table
not included. See ED. NOTE]
Notes
The table referenced in this rule is not printed in the OAR compilation. Copies are available from the agency.
Stat. Auth.: ORS 462.270(3)
Stats. Implemented: ORS 462.270(3)
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