Or. Admin. Code § 462-200-0510 - Pick Three Pools
(1) The
Pick Three requires selection 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 contests; 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 three Pick Three contests 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
totalizator 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.
(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 2 of this
rule.
Notes
Stat. Auth.: ORS 462.270(3)
Stats. Implemented: ORS 462.270(3)
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