Or. Admin. Code § 462-200-0520 - Pick (n) Pools
(1) The Pick (n)
requires selection of the first-place finisher in each of a designated number
of contests. The race meet licensee must obtain written approval from the
commission concerning the scheduling of Pick (n) contests, the designation of
one of the methods prescribed in Part (2) 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 of 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 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 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 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 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
on the official order of finish. The minor share of the 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 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 the
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.
(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) contests be scratched, the
actual favorite, as evidenced by total amounts wagered in the Win pool at the
host race meet licensee 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
interests which became winners as a result of the substitution, in addition to
the normal winning combination.
(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 5 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 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 8 of this rule.
(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 race meet licensee 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 totalizator
and pari-mutuel department employees for processing of pool data.
(13) The race meet licensee 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. Any race meet licensee may request approval of a Pick (n) wager
or separate wagering pool for specific performances. Table 7.
[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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