TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 318
FUTURE WAGER POOL
SECTION 318.10 DEFINITION
Section 318.10 Definition
The Future Wager requires
selection of the appropriate winning combination, depending on the type of pool
of the Future Wager.
 | TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 318
FUTURE WAGER POOL
SECTION 318.20 GENERAL PROVISIONS
Section 318.20 General
Provisions
a) The organization licensee shall apply in writing to the State
Director of Mutuels for approval to offer the Future Wager on a specified
contest and shall not offer the wager until approval by the State Director of
Mutuels has been granted. The application shall include the date and time for
the pool to be opened and closed, a description of the system for compiling the
pool and calculating odds and payout prices, and the time interval for
displaying the odds.
b) The organization licensee, or, in the case of
interjurisdiction common pool wagering, the host track, shall name the contestants
included in each betting interest on which Future Wagers may be made and shall
assign a program number to each betting interest.
| TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 318
FUTURE WAGER POOL
SECTION 318.30 POOL CALCULATIONS
Section 318.30 Pool
Calculations
The appropriate pool calculation
shall be used depending on the type of pool of the Future Wager.
| TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 318
FUTURE WAGER POOL
SECTION 318.40 DEAD HEATS
Section 318.40 Dead Heats
The appropriate dead heat rules
shall apply depending on the type of pool of the Future Wager.
| TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 318
FUTURE WAGER POOL
SECTION 318.50 REFUNDS AND CANCELLATIONS
Section 318.50 Refunds and
Cancellations
a) No refund shall be issued for Future Wager pool wagers on
betting interests that do not start or finish the race. No cancellations shall
be permitted once the patron has left the window. If the organization licensee
is notified that a betting interest is unable to start the race and the pool is
still open, the organization licensee shall immediately suspend betting on that
betting interest. Horses do not have to be nominated to the race to be
included in the Future Wager.
b) The entire Future Wager pool shall be refunded if:
1) the applicable pool calculation rule regarding refunds
dictates so; or
2) the specified race is declared no contest by the stewards
having jurisdiction over the specified race; or
3) the specified race does not occur; or
4) for whatever reason, the Future Wager pool cannot be
determined and the payout price cannot be calculated.
|
|
|
|
|
