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Rule Title: POOL CALCULATIONS
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Department: COMMERCE
Chapter: BOARD OF HORSE RACING
Subchapter: Rules of Trifecta and Pick (N) Wagering
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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8.22.3603    POOL CALCULATIONS

(1) The payout price for a trifecta pool shall be calculated in the following manner: 

(a) the legal percentage shall be deducted from the total amount bet in the pool to determine the net pool;

(b) the net pool shall be divided by the value of tickets bet on the winning combination;

(c) the quotient obtained pursuant to (b) shall be multiplied by the purchase price of each ticket on the winning combination.

(2) In the event that no ticket is sold on the horses finishing first, second, and third in the exact order, then go to tickets that have been sold, coupled in a combination finishing nearest the official order of finish.

(3) The order of finish to be paid with one entry shall be calculated as follows:

(a) if the entry horses finish first and second, the third and fourth place horses become second and third respectively (example: order of finish 1, 1A, 2, 3; trifecta winner becomes 1, 2, 3);

(b) if the entry horses finish first and third, the fourth place horse becomes third (example: order of finish 1, 2, 1A, 3; trifecta winner becomes 1, 2, 3);

(c) if the entry horses finish second and third, the fourth place horse becomes third (example: order of finish 2, 1, 1A, 3; trifecta winner becomes 2, 1, 3).

(4) The value of tickets of each respective winning combination shall be divided into its respective portion of the calculating pool;

(a) one dollar shall be added to the quotients obtained pursuant to (3); and

(b) each sum obtained pursuant to (a) shall be multiplied by the purchase price of each ticket.

(5) If no ticket is sold on the winning combination, the profits shall be apportioned equally among the holders of tickets selecting the first and second place runners in their exact order.

(6) If no ticket selecting the first and second runners is sold, the profit shall be apportioned equally among the holders of tickets selecting the first and third runners with any other runner in their exact order.

(7) If no ticket selecting the winning combination, the first and second runner or the first and third runner is sold, the profit shall be apportioned equally among the holders of tickets selecting the second and third runners with any other runner in their exact order.

(8) If no ticket requiring distribution of the pool pursuant to this rule is sold, the profit shall be apportioned equally among the holders of tickets selecting the runner finishing first.

(9) If no ticket requiring distribution pursuant to (4), (5), (6), and (7) of this section is sold, the profits shall be apportioned equally among the holders of tickets selecting the runner finishing second.

(10) If no ticket requiring distribution of the pool pursuant to (4), (5), (6), (7), and (8) of this section is sold, the profit shall be apportioned equally among the holders of tickets selecting the runner finishing third.

(11) If no ticket requiring distribution pursuant to (4) through (9) is sold, complete refund will be made of entire trifecta pool on that program upon presentation and surrender of all trifecta tickets.

(12) If a race on which there is trifecta wagering results in a dead heat for first place, the winning combinations shall include the first two runners as finishing in either first or second and the runner finishing third.

(13) If a race on which there is trifecta wagering results in a dead heat for second place, the winning combinations shall include the runner finishing first and the two runners finishing in a dead heat as finishing in either second or third.

(14) If a race on which there is trifecta wagering results in a dead heat for third place, the winning combinations shall include the runner finishing first, the runner finishing second and either of the runners finishing in a dead heat for third as finishing third.

(15) In all combinations described in (10), (11), and (12) of this section, the profit shall be divided in separate pools, calculated as a place pool and paid off accordingly.

(16) If a race on which there is trifecta wagering results in a triple dead heat or double dead heat, the net pool will be divided by the number of all such win, place, and show combinations thus formed, calculated as separate pools and paid off accordingly.

(17) If a horse or horses in a trifecta feature are scratched or excused by the stewards after wagering has commenced or should any horse or horses be prevented from racing because of the failure of stall doors of the starting gate to open, tickets on that horse or those horses shall be deducted from the trifecta pool and the money refunded to the purchasers of tickets on the horse so excused or prevented from racing.

(18) The state parimutuel supervisor and the mutuel manager shall examine the pattern of wagering made on a trifecta wagered race prior to post time and shall confer with respect thereto. If the state parimutuel supervisor concludes that the wagering pattern is of such an irregular nature as to warrant reasonable concern that illegal or corrupt practices may be intended with respect to the race in question, he shall notify the presiding stewards of his findings and the stewards shall declare the race off and all trifecta wagers shall be promptly refunded.

(19) Where the outcome of a race is such that the distribution of the pool is not covered by this section, the track parimutuel manager shall decide how the pool shall be distributed.

History: 23-4-104, MCA; IMP, 23-4-104, MCA; NEW, 1983 MAR p. 647, Eff. 6/17/83; AMD, 1990 MAR p. 1891, Eff. 10/12/90; AMD, 1993 MAR p. 2412, Eff. 10/15/93; TRANS, from Dept. of Commerce, 2002 MAR p. 1500; TRANS, from 32.28.1803, 2015 MAR p. 2252, Eff. 12/25/15.


 

 
MAR Notices Effective From Effective To History Notes
8-22-140 12/25/2015 Current History: 23-4-104, MCA; IMP, 23-4-104, MCA; NEW, 1983 MAR p. 647, Eff. 6/17/83; AMD, 1990 MAR p. 1891, Eff. 10/12/90; AMD, 1993 MAR p. 2412, Eff. 10/15/93; TRANS, from Dept. of Commerce, 2002 MAR p. 1500; TRANS, from 32.28.1803, 2015 MAR p. 2252, Eff. 12/25/15.
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