Section 312.10  Place Pick N

 

The Place Pick N requires selection of the first- or second-place finisher in each of a designated number of contests.  The organization licensee shall designate the number of contests for the Place Pick N and the method for pool calculation prior to the start of its meet.  The organization licensee shall submit, in writing, its intent to offer the Place Pick N wager to the State Director of Mutuels no later than 30 days prior to the start of its meet.

 

Section 312.20  Pool Calculations

 

The organization licensee may select one of the following methods for conducting its Place Pick N pool.  As used in this Part, "Major Pool" is defined as seventy-five percent (75%) of the daily net pool; and "Minor Pool" is defined as twenty-five percent (25%) of the daily net pool.  Any deviation from the Major/Minor pool percentage division must be approved by the State Director of Mutuels.

 

a)         Method 1, Place Pick N with Carryover:  The net Place Pick N pool and carryover, if any, shall be distributed as a single price pool to those who selected the first- or second-place finisher in each of the Place 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- or second-place finisher in the greatest number of Place Pick N contests; and the remainder shall be added to the carryover.

 

b)         Method 2, Place Pick N with Minor Pool and Carryover:  The major share of the net Place Pick N pool and the carryover, if any, shall be distributed to those who selected the first- or second-place finisher in each of the Place Pick N contests, based upon the official order of finish.  The minor share of the net Place Pick N pool shall be distributed to those who selected the first- or second-place finisher in the second greatest number of Place Pick N contests, based upon the official order of finish.  If there are no wagers selecting the first- or second-place finisher of all Place Pick N contests, the minor share of the net Place Pick N pool shall be distributed as a single price pool to those who selected the first- or second-place finisher in the greatest number of Place Pick N contests; and the major share shall be added to the carryover.

 

c)         Method 3, Place Pick N with No Minor Pool and No Carryover:  The net Place Pick N pool shall be distributed as a single price pool to those who selected the first- or second-place finisher in the greatest number of Place Pick N contests, based upon the official order of finish.  If there are no winning wagers, the pool is refunded.

 

d)         Method 4, Place Pick N with Minor Pool and No Carryover:  The major share of the net Place Pick N pool shall be distributed to those who selected the first- or second-place finisher in the greatest number of Place Pick N contests, based upon the official order of finish.  The minor share of the net Place Pick N pool shall be distributed to those who selected the first- or second-place finisher in the second greatest number of Place Pick N contests, based upon the official order of finish.  If there are no wagers selecting the first- or second-place finisher in a second greatest number of Place Pick N contests, the minor share of the net Place Pick N pool shall be combined with the major share for distribution as a single price pool to those who selected the first- or second-place finisher in the greatest number of Place Pick N contests.  If the greatest number of first- or second-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, Place Pick N with Minor Pool and No Carryover:  The major share of net Place Pick N pool shall be distributed to those who selected the first- or second-place finisher in each of the Place Pick N contests, based upon the official order of finish.  The minor share of the net Place Pick N pool shall be distributed to those who selected the first- or second-place finisher in the second greatest number of Place Pick N contests, based upon the official order of finish.  If there are no wagers selecting the first- or second-place finisher in all Place Pick N contests, the entire net Place Pick N pool shall be distributed as a single price pool to those who selected the first- or second-place finisher in the greatest number of Place Pick N contests.  If there are no wagers selecting the first- or second-place finisher in a second greatest number of Place Pick N contests, the minor share of the net Place Pick N pool shall be combined with the major share for distribution as a single price pool to those who selected the first- or second-place finisher in each of the Place Pick N contests.  If there are no winning wagers, the pool is refunded.

 

f)         Method 6, Place Pick N with Minor Pool and Carryover:  The net Place Pick N pool and carryover, if any, shall be distributed to those who selected the first- or second-place finisher in each of the Place Pick N contests, based upon the official order of finish.  If there are no wagers selecting the first- or second-place finisher in all Place Pick N contests, two-thirds of the net pool (major pool) or one-half of the total gross pool, whichever is greater, shall be distributed as a single price pool to those who present a valid pari-mutuel wager for that Place Pick N pool and the remaining one-third of the net pool shall be added to the carryover.  The minimum pay-off provisions contained in 11 Ill. Adm. Code 405.130 shall not apply when distributing the major pool in this pool calculation.

 

Section 312.30  Dead Heats

 

a)         If there is a dead heat for first in any of the Place Pick N contests involving:

 

1)         contestants representing the same betting interest, the Place Pick N pool shall be distributed as if no dead heat occurred.

 

2)         contestants representing two or more betting interests, the Place Pick N pool shall be distributed as a single price pool with each winning wager including each betting interest participating in the dead heat.

 

b)         If there is a dead heat for second in any of the Place Pick N contests involving:

 

1)         contestants representing the same betting interest, the Place Pick N pool shall be distributed as if no dead heat occurred.

 

2)         contestants representing two or more betting interests, the Place Pick N pool shall be distributed as a single price pool with each winning wager including each betting interest which finished first or any betting interest involved in the dead heat for second.

 

Section 312.40  Scratches

 

Should a betting interest in any of the Place Pick N contests be scratched, the actual favorite, as evidenced by total amounts wagered in the Win pool at the closing 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.

 

Section 312.50  Cancellation of Races

 

a)         The Place Pick N Pool shall be canceled and all Place Pick N wagers for the individual performance shall be refunded if:

 

1)         at least two contests included as part of a Pick 3 are canceled or declared "no contest".

 

2)         at least three contests included as part of a Pick 4 or Pick 5 are canceled or declared "no contest".

 

3)         at least four contests included as part of a Pick 6 or Pick 7 are canceled or declared "no contest".

 

4)         at least five contests included as part of a Pick 8 or Pick 9 are canceled or declared "no contest".

 

5)         at least six contests included as part of a Pick 10 or Pick 11 are canceled or declared "no contest".

 

b)         If at least one contest included as part of a Place Pick N is canceled or declared "no contest", but not more than the number specified in subsection (a), the net pool shall be distributed as a single price pool to those whose selection finishes first in the greatest number of Place Pick N contests for that performance.  Such distribution shall include the portion ordinarily retained for the Place Pick N carryover but not the carryover from previous performances.

 

Section 312.60  Carryover Cap

 

The Place Pick N carryover may be capped at a designated level approved by the State Director of Mutuels so that if, at the close of any performance, the amount in the Place Pick N carryover equals or exceeds the designated cap, the Place Pick N carryover will be frozen until it is won or distributed under Section 312.70.  After the Place Pick N carryover is frozen, 100 percent of the net pool, part of which ordinarily would be added to the Place Pick N carryover, shall be distributed to those whose selection finished first in the greatest number of Place Pick N contests for that performance.

 

Section 312.70  Mandatory Distribution

 

a)         A written request for permission to distribute the Place Pick N carryover on a specific performance may be submitted to the State Director of Mutuels. 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.

 

b)         Should the Place 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 Place 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 Place Pick N contests.  The Place 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 State Director of Mutuels as provided for in subsection (a).

 

2)         Upon written approval from the State Director of Mutuels when there is a change in the carryover cap, a change from one type of Place Pick N wagering to another, or when the Place Pick N is discontinued.

 

3)         On the closing performance of the meet, split meet or successive or intervening race meeting at the same race track.

 

c)         If, for any reason, the Place Pick N carryover must be held over to the corresponding Place Pick N of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the State Director of Mutuels.  The Place Pick N carryover plus accrued interest shall then be added to the net Place Pick N pool of the following meet on a date and performance designated by the State Director of Mutuels.

 

d)         With written approval of the Board, the organization licensee may contribute to the Place Pick N carryover a sum of money up to any designated cap.

 

Section 312.80  Disclosure

 

The organization licensee may display potential distribution to ticket holders depending on the outcome of the appropriate Place Pick N contest.

 

Section 312.90  Place Pick Three Pools

 

a)         The Place Pick Three requires selection of the first- or second-place finisher in each of three specified contests.

 

b)         The net Place Pick Three pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:

 

1)         As a single price pool to those whose selection finished first or second in each of the three contests; but if there are no such wagers, then

 

2)         As a single price pool to those who selected the first- or second-place finisher in any two of the three contests; but if there are no such wagers, then

 

3)         As a single price pool to those who selected the first- or second-place finisher in any one of the three contests; but if there are no such wagers, then

 

4)         The entire pool shall be refunded on Place Pick Three wagers for those contests.

 

c)         If there is a dead heat for first in any of the three contests involving:

 

1)         contestants representing the same betting interest, the Place Pick Three pool shall be distributed as if no dead heat occurred.

 

2)         contestants representing two or more betting interests, the Place Pick Three pool shall be distributed as a single price pool with each winning wager including each betting interest participating in the dead heat.

 

d)         If there is a dead heat for second in any of the three contests involving:

 

1)         contestants representing the same betting interest, the Place Pick Three pool shall be distributed as if no dead heat occurred.

 

2)         contestants representing two or more betting interests, the Place Pick Three pool shall be distributed as a single price pool with each winning wager including the betting interest which finished first or any betting interest involved in the dead heat for second.

 

e)         Should a betting interest in any of the Place 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.

 

f)         If two or three Place Pick Three contests are canceled or declared "no contest", the entire pool shall be refunded on Place Pick Three wagers for those contests.

 

g)         If one of the Place Pick Three contests is canceled or declared "no contest", the Place Pick Three pool will remain valid and shall be distributed in accordance with subsection (b)(2).