New Mexico Register / Volume
XXX, Issue 23 / December 17, 2019
This is an amendment to 15.2.7 NMAC Sections 6 and 12, effective
December 19, 2019.
Explanatory Paragraph: In
15.2.7.12NMAC Subsections A through O, Paragraphs (1) through (7) of Subsection
P, and Subsections Q through X were not published as there were no
changes. Throughout 15.2.7 NMAC, number
and rule citations have been changed to conform to correct legislative style.
15.2.7.6 OBJECTIVE: [The objective of Part 7 of Chapter 2 is]
To achieve the objectives that all pari
mutuel wagering is lawful and licensed; establish
procedures for interstate/intrastate simulcasting and interstate common-pool
wagering.
[15.2.7.6 NMAC - Rp, 15 NMAC 2.7.6, 3/15/2001; A, 12/19/2019]
15.2.7.12 CALCULATION
OF PAYOUTS AND DISTRIBUTION OF POOLS:
***
P. Pentafecta (Super Hi-5):
***
(8) Unique
winning wager option:
(a) Unique
winning wager, as used in this subsection shall be defined as having occurred
when there is one and only one winning wager whose combination finished in
correct sequence as the first five betting interests based upon the official
order of finish and is equal to the minimum allowable wager. In the event that there is more than one
winning wager whose combination finished in correct sequence as the first five
betting interests, a unique winning wager shall be deemed to not have occurred.
(b) If
an association elects to offer the unique winning wager option, the net pentafecta (super hi-5) pool shall be distributed to
winning wagers in the following order of precedence, based on the official
order of finish:
(1) as
a single price pool, including any applicable carryover, to the holder of a
unique winning wager whose combination finished in correct sequences as the
first five betting interests, but if there is no such unique winning wager,
then,
(2) the net pool shall be divided into two separate pools. The major pool of the net pool shall be paid
as a carryover into the next regularly scheduled pentafecta
(super hi-5). The remaining minor pool
shall be paid as a pentafecta (super hi-5)
consolation pool, which shall be equally divided among those wager holders who
correctly select the first five interests in order, but if there are no such
wagers, then
(3) the entire net pool shall be carried over into the next
regularly scheduled pentafecta (super hi-5) pool.
(c) The
association shall specify the minimum monetary amount of a unique winning wager
with prior approval of the Commission.
(d) Prior
to the start of the race meet, the association shall specify the percentages
for a major and minor pool with prior approval of the commission.
(e) A
written request to distribute the pentafecta (super
hi-5) pool plus any carryover on a specific date and performance may be submitted
by the association to the executive director for approval. The request must be for a specified date no
greater than one year from the date the request is submitted. Should the pentafecta
(super hi-5) net pool and any applicable carryover be designated for
distribution on a specified date and performance in where there is no unique
winning wager, the entire pool shall be distributed using the method described
in this subsection.
[(8)] (9) The minimum number of betting interests required to start in
a contest in which pentafecta (super hi-5) wagering
is offered shall be seven.
[(9)] (10) Associations electing to offer
the net carryover pentafecta or unique payout
(super hi-5) pool may, prior to offering the wager designate the jackpot
carryover amount at any given percentage of the net pool; the remaining
percentages will be the minor pool portion, if any. This elected percentage may not be changed
during the performance on which the pentafecta (super
hi-5) is conducted in the carryover method.
[(10)] (11) At the association's discretion,
the pentafecta (super hi-5) wager may be discontinued
and there will be a final distribution of any jackpot carryover combined with
the final net pool of the final pentafecta (super
hi-5) race and priced as a single price pool as described in Paragraph (3) of
this subsection.
[(11)] (12) Each
association conducting the pentafecta (super hi-5)
pool of any type, must notify the wagering public via a statement in the
official program [or by prominently displaying on each level of the
facility,] a declaration of whether the standard version or the carryover
version of the pool is being conducted.
[(12)] (13) Different methods of conduct of
this pool may not be combined for the pentafecta
(super hi-5) between intertrack or simulcast wagering
hosts and guests.
***
[15.2.7.12 NMAC - Rp, 15 NMAC 2.7.12, 3/15/2001; A, 3/31/2003; A, 9/15/2003;
A, 4/14/2005; A, 7/15/2005; A, 11/30/2005; A, 3/30/2007; A, 6/15/2009; A, 12/1/2010;
A, 11/1/2011; A, 1/1/2013; A, 9/15/2014; A, 12/16/2016; A, 5/1/2019; A.
12/19/2019]