16 Tex. Admin. Code § 321.322 - Triple Trifecta
(a) The Triple
Trifecta wager is not a parlay and has no connection with or relation to the
win, place, and show pools shown on the tote board. All tickets on the Triple
Trifecta wager shall be calculated as a separate pool.
(b) The association may select a distinctive
name for the Triple Trifecta wager, with the prior written approval of the
executive secretary.
(c) A Triple
Trifecta wager is a contract between the holder of the ticket and the
association and the ticket constitutes acceptance of this section. The
association, totalisator company and the State of Texas are not liable to a
person for a Triple Trifecta wager ticket that is not a winning ticket under
this section or for a Triple Trifecta wager ticket that is not
delivered.
(d) The Triple Trifecta
wager requires the selection of the first three finishers, in exact order, in
each of three consecutive designated contests. Payment of the ticket may be
made only to the purchaser who has selected the qualifying finishers in three
designated races.
(e) A coupled
entry or mutuel field in a race that is part of the Triple Trifecta races shall
race as a single betting interest for the purpose of mutuel pool calculations
and payoffs to the public.
(f) The
association must obtain written approval from the executive secretary
concerning the scheduling of the Triple Trifecta contests and the designation
of qualifying races. Any change to the Triple Trifecta requires prior written
approval from the executive secretary and the association.
(g) If no Triple Trifecta ticket is sold for
the winning combination, then 100% of the net pool shall be carried over and
made available on the next consecutive Triple Trifecta pool and shall be
combined with and added to the net pool for such qualifying pool, and made
available for payout.
(h) Except
for refunds required by this section, a Triple Trifecta wager ticket may not be
sold, exchanged, or canceled after the close of wagering on the first of the
Triple Trifecta wager races.
(i)
Dead heats. For the purposes of determining whether a Triple Trifecta wager
correctly selected the finishers in exact position, animals in a dead heat are
deemed to jointly occupy both or all positions in the dead heat. For
calculation purposes, the Triple Trifecta will be calculated as a place
pool.
(j) The minimum number of
wagering interests required to offer Triple Trifecta wagering shall be six
wagering interests in each of the Triple Trifecta races. If one of the legs of
the Triple Trifecta scratches to less than six wagering interests then all
wagers, less any carryover, shall be refunded.
(k) If after wagering has begun an animal
entered in a Triple Trifecta race is scratched or otherwise prevented from
racing, all money wagered on the affected animal shall be deducted from the
Triple Trifecta pool and refunded to the holders of tickets on the affected
animal.
(l) Canceled contests. If
any of the Triple Trifecta contests are canceled or declared no contest, that
Triple Trifecta pool, less any carryover, shall be refunded.
(m) If on the final day of a race meeting or
on a designated mandatory payout date the Triple Trifecta pool has not been
distributed under this section, then the net pool for that performance plus any
carryover from previous performances shall be paid out in the following manner:
(1) To those who correctly selected two of
three trifectas in the Triple Trifecta races. If there are no such wagers,
then
(2) To those who correctly
selected one of three trifectas in the Triple Trifecta races. If there are no
such wagers, then
(3) As a single
price pool to holders of Triple Trifecta wagers.
(n) If the final or designated mandatory
payoff performance is canceled or the pool has not been distributed under
subsection (m) of this section the pool shall be deposited in an
interest-bearing account approved by the executive secretary. The pool plus all
accrued interest shall then be carried over and added to the Triple Trifecta
pari-mutuel pool in the following race meeting on a date and performance
designated by the association with the approval of the executive
secretary.
Notes
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No prior version found.