TITLE 15 GAMBLING AND
LIQUOR CONTROL
CHAPTER 2 HORSE
RACING
PART 7 PARI MUTUEL WAGERING
15.2.7.1 ISSUING
AGENCY: New Mexico Racing Commission.
[15.2.7.1 NMAC - Rp,
15 NMAC 2.7.1, 3/15/2001]
15.2.7.2 SCOPE: General
Public and all persons, firms, or associations participating in horse racing in
New Mexico. Additional regulations may
be cross-referenced in 15.2.1 NMAC, 15.2.2 NMAC, 15.2.3 NMAC, 15.2.4 NMAC,
15.2.5 NMAC, 15.2.6 NMAC, and 16.47.1 NMAC.
[15.2.7.2 NMAC - Rp,
15 NMAC 2.7.2, 3/15/2001]
15.2.7.3 STATUTORY
AUTHORITY: Section
60-1A-1 through 60-1A-4 NMSA 1978 created the state racing commission
and delegated its powers for the promulgation of rules for holding, or engaging
in, horse race meetings in the state of New Mexico; mandates the commission
regulate the pari mutuel system of wagering; Section
60-1A-15 NMSA 1978 provides that within the enclosure where any horse races are
conducted, either as live on-track horse races or as horse races simulcast, and
where the licensee has been licensed to use the pari
mutuel method of system of wagering on races, the pari
mutuel system is lawful, but only within the enclosure where races are
conducted; and Section 60-A-16 NMSA 1978 and Section 60-1A-17 NMSA 1978 allow the racing
commission to permit interstate and intrastate simulcasting of races and common
pooling.
[15.2.7.3 NMAC - Rp,
15 NMAC 2.7.3, 3/15/2001; A, 9/15/2009]
15.2.7.4 DURATION:
Permanent.
[15.2.7.4 NMAC - Rp,
15 NMAC 2.7.4, 3/15/2001]
15.2.7.5 EFFECTIVE DATE: March 15, 2001 unless a later date is cited
at the end of a section.
[15.2.7.5 NMAC - Rp,
15 NMAC 2.7.5, 3/15/2001]
15.2.7.6 OBJECTIVE: 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]
15.2.7.7 DEFINITIONS: Refer
to 15.2.1.7 NMAC.
[15.2.7.7 NMAC - Rp,
15 NMAC 2.7.7, 3/15/2001]
15.2.7.8 GENERAL
PROVISIONS:
A. General: Each association shall conduct wagering in
accordance with applicable laws and these rules. Such wagering shall employ a pari-mutuel
system approved by the commission. The totalisator shall be tested prior to and during the meeting
as required by the commission. Each
association shall make reasonable provisions for providing a backup system in
case of a mechanical failure. The
association is required to report to the commission on the backup system so
provided.
B. Records:
(1) The association shall maintain
records of all wagering so the commission may review such records for any
contest including the opening line, subsequent odds fluctuation, the amount and
at which window wagers were placed on any betting interest and such other
information as may be required. Such
wagering records shall be retained by each association and safeguarded for a
period of time specified by the commission.
The commission may require that certain of these records be made
available to the wagering public at the completion of each contest.
(2) The association shall provide the
commission with a list of the licensed individuals afforded access to pari-mutuel
records and equipment at the wagering facility.
C. Pari-Mutuel Tickets:
(1) A pari-mutuel ticket is evidence of a
contribution to the pari-mutuel pool operated by the association and is
evidence of the obligation of the association to pay to the holder thereof such
portion of the distributable amount of the pari-mutuel pool as is represented
by such valid pari-mutuel ticket. The
association shall cash all valid winning tickets when such are presented for
payment during the course of the meeting where sold, and for a 60 day period
after the last day of the meeting.
(2) To be deemed a valid pari-mutuel
ticket, such ticket shall have been recorded by a pari-mutuel
ticket machine operated by the association and recorded as a ticket entitled to
a share of the pari-mutuel pool, and contain imprinted information as to:
(a) the name of the association operating
the meeting;
(b) a unique identifying number or code;
(c) identification of the terminal at
which the ticket was issued;
(d) a
designation of the performance for which the wagering transaction was issued;
(e) the contest number for which the pool
is conducted;
(f) the type or types of wagers
represented;
(g) the number or numbers representing
the betting interests for which the wager is recorded;
(h) the amount or amounts of the
contributions to the pari-mutuel pool or pools for which the ticket is
evidence.
(3) No pari-mutuel ticket recorded or
reported as previously paid, cancelled, or non-existent shall be deemed a valid
pari-mutuel ticket by the association.
The association may withhold payment and refuse to cash any pari-mutuel
ticket deemed not valid, except as provided in Subsection D of 15.2.7 NMAC of
these general provisions.
D. Pari-Mutuel Ticket
Sales:
(1) Pari-mutuel
tickets shall not be sold by anyone other than an association licensed to
conduct pari-mutuel wagering.
(2) No
pari-mutuel ticket may be sold on a contest for which wagering has already been
closed and no association shall be responsible for ticket sales entered into
but not completed by issuance of a ticket before the totalisator
is closed for wagering on such contest.
(3) Claims
pertaining to a mistake on an issued ticket, or a mistake involving failure to
issue a ticket, must be made by the bettor prior to leaving the seller's
window. Cancellation or exchange of
tickets issued shall not be permitted after a patron has left a seller's window
except in accordance with written policies established by the association and
approved by the commission.
(4) Payment
on winning pari-mutuel wagers shall be made on the basis of the order of finish
as purposely posted and declared "official". Any subsequent change in the order of finish
or award of purse money as may result from a subsequent ruling by the stewards
or commission shall in no way affect the pari-mutuel payout. If an error in the posted order of finish or
payout figures is discovered, the official order of finish or payout prices may
be corrected and an announcement concerning the change shall be made to the
public.
(5) The
association shall not satisfy claims on lost, mutilated, or altered pari-mutuel
tickets without authorization of the commission.
(6) The
association shall have no obligation to enter a wager into a betting pool if
unable to do so due to equipment failure.
(7) No
person under eighteen (18) years of age is permitted to purchase or cash a
pari-mutuel ticket. It shall be the duty
of the pari-mutuel employees to demand proof of age from any person whose age,
as it pertains to this rule, is doubtful.
E. Advance
Performance Wagering: No
association shall permit wagering to begin more than four days before scheduled
post time of the first contest of a performance unless it has first obtained
the authorization of the commission.
F. Claims for Payment from Pari-Mutuel Pool:
(1) At a designated location, a written,
verified claim for payment from a pari-mutuel pool shall be accepted by the association
in any case where the association has withheld payment or has refused to cash a
pari-mutuel wager. The claim shall be
made on such form as approved by the commission, and the claimant shall make
such claim under penalty of perjury. The
original of such claim shall be forwarded to the commission within 48 hours.
(2) In the case of a claim made for
payment of a mutilated pari-mutuel ticket which does not contain the total
imprinted elements required in Paragraph (2) of Subsection C of 15.2.7 NMAC of
these general provisions, the association shall make a recommendation to
accompany the claim forwarded to the commission as to whether or not the
mutilated ticket has sufficient elements to be positively identified as a
winning ticket.
(3) In the case of a claim made for
payment on a pari-mutuel wager, the commission shall adjudicate the claim and
may order payment thereon from the pari-mutuel pool or by the association, or
may deny the claim, or may make such other order as it may deem proper.
G. Payment for Errors: If an error occurs in the payment amounts for
pari-mutuel wagers which are cashed or entitled to be cashed; and as a result
of such error the pari-mutuel pool involved in the error is not correctly
distributed among winning ticket holders, the following shall apply:
(1) verification is required to show that
the amount of the commission, the amount in breakage, and the amount in payouts
is equal to the total gross pool; if the amount of the pool is more than the
amount used to calculate the payout, the underpayment shall be added to the
corresponding pool of the next contest; if underpayments are discovered after
the close of the meeting, the underpayment shall be held in an interest-bearing
account approved by the commission until being added, together with accrued interest,
to the corresponding pool of the next meeting;
(2) any claim not filed with the
association within 60 days, inclusive of the date on which the underpayment was
publicly announced, shall be deemed waived; and the association shall have no
further liability therefore;
(3) in the event the error results in an
overpayment to winning wagers, the association shall be responsible for such
payment.
H. Betting Explanation: A summary explanation of pari-mutuel wagering
and each type of betting pool offered shall be published in the program for
every wagering performance. The rules of
racing relative to each type of pari-mutuel pool offered must be prominently
displayed on association grounds and available upon request through association
representatives.
I. Display of Betting Information:
(1) Approximate odds for win pool betting
shall be posted on display devices within view of the wagering public and
updated at intervals of not more than 90 seconds.
(2) The probable payout or amounts
wagered, in total and on each betting interest, for other pools may be
displayed to the wagering public at intervals and in a manner approved by the
commission.
(3) Official results and payouts must be
displayed upon each contest being declared official.
J. Cancelled
Contests: If a contest is
cancelled or declared "no contest", refunds shall be granted on valid
wagers in accordance with these rules.
K. Refunds:
(1) Notwithstanding other provisions of
these rules, refunds of the entire pool shall be made on:
(a) win pools, exacta pools, and
first-half double pools offered in contests in which the number of betting
interests has been reduced to fewer than two;
(b) place pools, quinella pools, trifecta
pools, first-half quinella double pools, first-half twin quinella pools,
first-half twin trifecta pools, and first-half tri-superfecta pools offered in
contests in which the number of betting interests has been reduced to fewer
than three;
(c) show pools, superfecta pools, and
first-half twin superfecta pools offered in contests in which the number of
betting interests has been reduced to fewer than four.
(2) Authorized refunds shall be paid upon
presentation and surrender of the affected pari-mutuel ticket.
L. Coupled Entries and Mutuel Fields:
(1) Contestants
coupled in wagering as a coupled entry or mutuel field shall be considered part
of a single betting interest for the purpose of price calculations and
distribution of pools. Should any
contestant in a coupled entry or mutuel field be officially withdrawn or
scratched, the remaining contestants in that coupled entry or mutuel field
shall remain valid betting interests and no refunds will be granted. If all contestants within a coupled entry or
mutuel field are scratched, then tickets on such betting interests shall be
refunded, notwithstanding other provisions of these rules.
(2) For
the purpose of price calculations only, coupled entries and mutuel fields shall
be calculated as a single finisher, using the finishing position of the leading
contestant in that coupled entry or mutuel field to determine order of placing. This rule shall apply to all circumstances,
including situations involving a dead heat, except as otherwise provided by
these rules.
M. Pools Depdendent upon Betting Interests: Unless the commission otherwise provides, at
the time the pools are opened for wagering, the association:
(1) may
offer win, place, and show wagering on all contests with six or more betting
interests;
(2) may
be allowed to prohibit show wagering on any contest with five or fewer betting
interests scheduled to start;
(3) may
be allowed to prohibit place wagering on any contest with four or fewer betting
interests scheduled to start;
(4) may be allowed to prohibit quinella
wagering on any contest with three or fewer betting interests scheduled to
start;
(5) may be allowed to prohibit quinella
double wagering on any contests with three or fewer betting interests scheduled
to start;
(6) may be allowed to prohibit exacta
wagering on any contest with three or fewer betting interests scheduled to
start;
(7) may prohibit trifecta wagering on any
contest with seven or fewer betting interests scheduled to start;
(8) may prohibit superfecta wagering on
any contest with seven or fewer betting interests scheduled to start;
(9) may be allowed to prohibit twin
quinella wagering on any contests with three or fewer betting interests
scheduled to start;
(10) may prohibit twin trifecta wagering on
any contests with seven or fewer betting interests scheduled to start;
(11) may prohibit tri-superfecta wagering on
any contests with seven or fewer betting interests scheduled to start;
(12) may prohibit twin superfecta wagering
on any contests with seven or fewer
betting interests scheduled to start.
N. Prior Approval
Required for Betting Pools:
(1) An
association desiring to offer new forms of wagering must apply in writing to
the commission and receive written approval prior to implementing the new
betting pool.
(2) The
association may suspend previously approved forms of wagering with the prior
approval of the commission. Any
carryover shall be held until the suspended form of wagering is reinstated. An association may request approval of a form
of wagering or separate wagering pool for specific performances.
O. Closing of Wagering
in a Contest:
(1) A
commission representative shall close wagering for each contest after which
time no pari-mutuel tickets shall be sold for that contest.
(2) The
association shall maintain, in good order, a system approved by the commission
for closing wagering.
P. Complaints
Pertaining to Pari-Mutuel Operations:
(1) When
a patron makes a complaint regarding the pari-mutuel department to an association,
the association shall immediately issue a complaint report, setting out:
(a) the
name of the complainant;
(b) the
nature of the complaint;
(c) the
name of the persons, if any, against whom the complaint was made;
(d) the
date of the complaint;
(e) the
action taken or proposed to be taken, if any, by the association.
(2) The
association shall submit every complaint report to the commission within 48
hours after the complaint was made.
Q. Licensed
Employees: All licensees
shall report any known irregularities, wrong doings by, or dismissal of, any
person involving pari-mutuel wagering immediately to the commission and
cooperate in subsequent investigations.
R. Unrestricted
Access: The association shall
permit the commission unrestricted access at all times to its facilities and
equipment and to all books, ledgers, accounts, documents and records of the
association that relate to pari-mutuel wagering.
S. Emergency
Situations: Should an
emergency arise in connection with the operation of the pari-mutuel department
not covered by these rules and an immediate decision is necessary, the manager
of the pari-mutuel department shall make the decision and render a full report
to the commission within 48 hours.
[15.2.7.8 NMAC - Rp,
15 NMAC 2.7.8, 3/15/2001; A, 10/29/2004; A, 2/14/2005]
15.2.7.9 ACCOUNT WAGERING:
A. General: The association may offer a system of account
wagering to its patrons whereby wagers are debited and
payouts credited to a sum of money, deposited in an account by the patron, that
is held by the association. The
association shall notify the patron, at the time of opening the account, of any
rules the association has made concerning deposits, withdrawals, average daily
balance, user fees, interest payments and any other aspect of the operation of
the account. The association shall
notify the patron whenever the rules governing the account are changed, such
notification occurring before the new rules are applied to the account and
including the opportunity for the patron to close or cash in the account. The patron shall be deemed to have accepted
the rules of account operation upon opening or not closing the account. The association shall request authorization
from the commission before a system of account wagering is offered.
B. Account
Opening: The association may
offer to open for its patrons:
(1) short-term accounts that are
operational only for the performance during which they were opened and only at
the site where they were opened, whereby wagers are placed by the account
holder at a self-service terminal;
(2) long-term accounts that are
operational for any performance offered by the association, whereby wagers are
placed by the account holder at a self-service terminal or by telephone within
the enclose of the racetrack;
(3) voucher accounts that are operational
for any performance offered by the association, whereby wagers are placed by
the account holder at any ticket issuing terminal operated by the association;
the patron may choose to credit winning payouts in cash and may choose to close
or cash-in the account at any time.
C. Refusals: The association may reserve the right at any
time to refuse to open an account, to accept a wager, or to accept a deposit.
D. Patron Information: Each short-term or long-term account holder
shall provide such personal information as the association and the commission
require, including an address to which communications are to be delivered. The association shall provide, for each
short-term or long-term account holder, a confidential account number and
password to be used by the patron to confirm validity of every account
transaction.
E. Deposits: Deposits may be made in cash or by check,
whereby the proceeds of the check may first need banker's clearance. Holding periods will be determined by the
association and advised to the account holder.
A receipt for the deposit must be issued to the account holder, but does
not need to reflect the current account balance.
F. Sufficient
Account Balance: Each account
holder shall be deemed to be aware of the status of that account at all
times. Wagers will not be accepted which
would exceed the available balance of that account. Any account not updated when a transaction is
completed shall be inoperable until the transaction is posted and the account
balance updated.
G. Account
Credits: When an account is
entitled to a payout or refund, said monies will be credited to the respective accounts,
thus increasing the credit balance. It
is the responsibility of the account holder to verify proper credits and, if in
doubt, notify the association within the agreed upon time frame for
consideration. Unresolved disputes may
be forwarded to the commission by the association or the account holder. No claim will be considered by the commission
unless submitted in writing and accompanied by supporting evidence.
H. Account Operation:
(1) The association must maintain
complete records of every deposit, withdrawal, wager and winning payout for
each short and long-term account.
Voucher accounts shall be recorded in a manner similar to a ticket. These records shall be made available to the
commission upon request.
(2) For wagers made for an account by
telephone, the association shall make a voice recording of the entire
transaction and shall not accept any such wager if the voice recording system
is inoperable.
(3) Any account wagering system must
provide for the account holder's review and finalization of a wager before it
is accepted by the association. Neither
the account holder nor the association shall change a wager after the account
holder has reviewed and finalized the wager.
In the case of a wager made by telephone, the voice recording of the
transaction shall be deemed to be the actual wager, regardless of what was
recorded by the pari-mutuel system.
I. Account
Closure: The association may
close any account when the holder thereof attempts to operate with insufficient
balance or when the account is dormant for a period approved by the
commission. In either case, the
association shall refund the remaining balance of the account.
[15.2.7.9 NMAC - Rp,
15 NMAC 2.7.9, 3/15/2001]
15.2.7.10 SIMULCAST WAGERING:
A. General
Provisions: No person shall conduct or attempt to conduct
interstate, or intrastate, simulcast wagering unless authorized and permitted
to do so by the commission.
(1) No person shall attempt to conduct
wagering on the results of a simulcast unless an agreement has been executed
between the host and guest track operators, the agreement has been approved by
the New Mexico Horsemen's Association and the agreement is filed with the
commission.
(2) In the event the New Mexico
horsemen's association withholds its approval of an agreement submitted,
reasons for non-approval will be detailed to the commission in writing, with
the final decision to be made by the commission.
B. Duties
of Simulcast Host: Every host
association simulcasting its performance, if requested, may contract with an
authorized receiver for the purpose of providing authorized users its
simulcast.
(1) A host association is responsible for
content of the simulcast and shall use all reasonable effort to present a
simulcast, which offers the viewers an exemplary depiction of each performance.
(2) Unless otherwise permitted by the
commission, every simulcast will contain in its video content a digital display
of actual time of day, the name of the host facility from where it emanates,
the number of the contest being displayed, and any other relevant information
available to patrons at the host facility.
(3) The host association shall maintain
such security controls including encryption over its uplink and communications
systems as directed or approved by the commission.
(4) In the event that the host
association fails to link with any guest association, or loses a link and is
unable to re-establish that link, the tote operator at the host association
will immediately call tote at all New Mexico guest associations to close pools
on the racetrack in question. The tote
operator at the guest association(s) will notify the manager on duty and supply
a written report of the event to the commission and the simulcast coordinator
at once. This report must include, but
not be limited to the following: a detailed incident report, name of manager on
duty, time and person contacted at the guest association(s) and any other
pertinent information. In no event will
a guest association take a simulcast race, which the host association is not
taking. If the link is re-established by
the host association, the tote operator will call the guest association(s) and
advise them that they may link up. In
the event of a total telephone outage at the host association, the tote
operator will contact the other tote company by cellular phone. In the event that a guest association fails
to establish or loses a link, the tote operator will notify the manager on duty
of his track and supply a written report of the event to the commission and the
simulcast coordinator at once. This
report must include, but not be limited to the following: a detailed incident
report, name of manager on duty, time and person contacted at the host
association(s), and any other pertinent information.
C. Duties
of Authorized Receiver: An
authorized receiver conducts and operates a pari-mutuel wagering system on the
results of contests being held or conducted and simulcast from the enclosures
of one or more host associations and with the approval of the commission.
(1) An authorized receiver shall provide:
(a) adequate transmitting and receiving
equipment of acceptable broadcast quality, which shall not interfere with the
closed circuit TV system of the host association for providing any host
facility patron information;
(b) pari-mutuel terminals, pari-mutuel
odds displays, modems and switching units enabling pari-mutuel data
transmission, and data communications between the host and guest associations;
(c) a voice communication system between
each guest association and the host association providing timely voice contact
among the commission designees, placing judges and pari-mutuel departments.
(2) The guest association and all
authorized receivers shall conduct pari-mutuel wagering pursuant to the
applicable commission rules.
(3) The commission may appoint at least
one designee to supervise all approved simulcast facilities and may require
additional designees as is reasonably necessary for the protection of the
public interest.
(4) Not less than 30 minutes prior to the
commencement of transmission of the performance of pari-mutuel contests for
each day or night, the guest association shall initiate a test program of its
transmitter, encryption and decoding, and data communication to assure proper
operation of the system.
(5) The guest association shall, in
conjunction with the host association or associations for which it operates
pari-mutuel wagering, provide the commission with a certified report of its
pari-mutuel operations as directed by the commission.
(6) Every authorized receiver shall file
with the commission an annual report of its simulcast operations and an audited
financial statement.
[15.2.7.10 NMAC -
Rp, 15 NMAC 2.7.10, 3/15/2001]
15.2.7.11 INTERSTATE/INTRASTATE COMMON POOL
WAGERING:
A. General: All contracts governing participation in
interstate/intrastate common pools shall be submitted to the commission for
approval.
(1) Individual wagering transactions are
made at the point of sale in the state where placed. Pari-mutuel pools are combined for computing
odds and calculating payouts and breakage, but will be held separate for
auditing and all other purposes.
(2) Any surcharges or withholdings in
addition to the takeout shall only be applied in the jurisdiction otherwise
imposing such surcharges or withholdings.
(3) In determining whether to approve an
interstate/intrastate common pool which does not include the host track, the
commission shall consider and may approve use of a bet type which is not
utilized at the host track, application of a takeout rate not in effect at the
host track, or other factors which are presented to the commission.
(4) The content and format of the visual
display of racing and wagering information at facilities in other jurisdictions
where wagering is permitted in the interstate/intrastate common pool need not
be identical to the similar information permitted or required to be displayed
under these rules.
B. Guest State Participation in Interstate/Intrastate Common
Pools:
(1) With the prior approval of the
commission, pari-mutuel wagering pools may be combined with corresponding
wagering pools in the host state, or with corresponding pools established by
one or more other jurisdictions.
(2) The commission may permit adjustment
of the takeout from the pari-mutuel pool so that the takeout rate in this
jurisdiction is identical to that at the host track, or identical to that of
other jurisdictions participating in a merged pool.
(3) Where takeout rates in the merged
pool are not identical, the net price calculation shall be the method by which
the differing takeout rates are applied.
(4) Rules of racing as established for
the contest in the host state shall apply to the merged pool.
(5) The commission shall approve
agreements made between the association and other participants in
interstate/intrastate common pools governing the distribution of breakage
between the jurisdictions.
(6) If, for any reason, it becomes
impossible to successfully merge the bets placed into the interstate/intrastate
common pool, the association shall make payouts in accordance with payout
prices that would have been in effect if prices for the pool of bets were
calculated without regard to wagers placed elsewhere; except that, with
permission of the commission, the association may alternatively determine to
either pay winning tickets at the payout prices at the host track, or declare
such accepted bets void and make refunds in accordance with the applicable
rules.
C. Host State Participation in Merged Pools:
(1) With the prior approval of the
commission, an association licensed to conduct pari-mutuel wagering may
determine that one or more of its contest be utilized for pari-mutuel wagering
at guest facilities in other states, and may also determine that pari-mutuel
pools in guest states be combined with corresponding wagering pools established
by it as the host track or comparable wagering pools established by two or more
states.
(2) Where takeout rates in the merged
pool are not identical, the net price calculation shall be the method by which
the differing takeout rates are applied.
(3) Rules of racing established for races
held in this state shall also apply to interstate/intrastate common pools
unless the commission shall have specifically otherwise determined.
(4) The commission shall approve
agreements made between the association and other participants in
interstate/intrastate common pools governing the distribution of breakage
between the jurisdictions.
(5) Any contract for
interstate/intrastate common pools entered into by the association shall
contain a provision to the effect that if, for any reason, it becomes
impossible to successfully merge the bets placed in another state into the
interstate/intrastate common pool formed by the association, or if, for any
reason, the commission's or the association's representative determines that
attempting to effect transfer of pool data from the guest state may endanger
the association's wagering pool, the association shall have no liability for
any measures taken which may result in the guest's wagers not being accepted
into the pool.
D. Takeout Rates in Interstate/Intrastate Common Pools:
(1) With the prior approval of the
commission, an association wishing to participate in an interstate/intrastate
common pool may change its takeout rate (within the limits permitted by state
law) so as to achieve a common takeout rate with all other participants in the
interstate/intrastate common pool.
(2) An association wishing to participate
in an interstate/intrastate common pool may request that the commission approve
a methodology whereby host and guest states with different takeout rates for
corresponding pari-mutuel pools may effectively and equitably combine wagers
from the different states into an interstate/intrastate common pool.
[15.2.7.11 NMAC -
Rp, 15 NMAC 2.7.11, 3/15/2001]
15.2.7.12 CALCULATION
OF PAYOUTS AND DISTRIBUTION OF POOLS:
A. General:
(1) All
permitted pari-mutuel wagering pools shall be separately and independently
calculated and distributed. Takeouts
shall be deducted from each gross pool as stipulated by law. The remainder of the monies in the pool shall
constitute the net pool for distribution as payout on winning wagers.
(2) For
each wagering pool, the amount wagered on the winning betting interest or
betting combinations is deducted from the net pool to determine the profit; the
profit is then divided by the amount wagered on the winning betting interest or
combinations, such quotient being the profit per dollar.
(3) Either
the standard or net price calculation procedure may be used to calculate single
commission pools, while the net price calculation procedure must be used to
calculate multi-commission pools.
STANDARD PRICE CALCULATION PROCEDURE
|
SINGLE PRICE POOL (WIN POOL) |
Gross pool = Sum
of wagers on all betting interest - Refunds. Takeout = Gross
pool x percent takeout. Net pool = Gross
pool - takeout. Profit = Net pool
- Gross amount bet on winner. Profit per dollar
= Profit/gross amount bet on winner. $1 unbroken price
= profit per dollar + $1. $1 broken price =
$1 unbroken price rounded down to the break point. Total payout = $1
broken price x gross amount bet on winner. Total breakage =
net pool - total payout |
|
|
PROFIT SPLIT (PLACE POOL) |
Profit is net pool
less gross amount bet on all place finishers |
Finishers split
profit ½ and ½ (place profit), then divide by gross amount bet on each place
finisher for two unique prices. |
|
PROFIT SPLIT (SHOW POOL) |
Profit is net pool
less gross amount bet on all show finishers |
Finishers split
profit 1/3 and 1/3 and 1/3 (show profit), then divide by gross amount bet on
each show finisher for three unique prices. |
NET PRICE CALCULATION PROCEDURE
|
SINGLE PRICE POOL (WIN POOL) |
Gross pool = Sum
of wagers on all betting interests - refunds. Takeout = gross
pool x percent takeout for each source. Net pool = gross
pool - takeout. Net bet on winner
= gross amount bet on winner x (1 percent takeout). Total net pool =
sum of all sources net pools total net bet on winner = sum of all sources net
bet on winner. Total profit =
total net pool - total net bet on winner. Profit per dollar
= total profit/total net bet on winner. $1 unbroken base
price = profit per dollar + $1* for each source. $1 unbroken price
= $1 unbroken base price x (1 percent takeout). $1 broken price =
$1 unbroken price rounded down to the break point. Total payout = $1
broken price x gross amount bet on winner. Total breakage =
net pool - total payout. |
|
|
PROFIT SPLIT (PLACE POOL) |
Total profit is
the total net pool less the total net amount bet on all place finishers. |
Finishers split total
profit ½ and ½ (place profit), then divide by total net amount bet on each
place finisher for two unique unbroken base prices. |
|
PROFIT SPLIT (SHOW POOL) |
Total profit is
the total net pool less the total net amount bet on all show finishers. |
Finishers split
total profit 1/3 and 1/3 and 1/3 (show profit), then divide by total net
amount bet on each show finisher for three unique unbroken base prices. |
(4) If a profit split results in only one
covered winning betting interest or combinations it shall be calculated the
same as a single price pool.
(5) Minimum payouts and the method used
for calculating breakage shall be established by the commission.
(6) The individual pools outlined in
these rules may be given alternative names by each association, provided prior
approval is obtained from the commission.
B. Win Pools:
(1) The amount wagered on the betting interest
which finishes first is deducted from the net pool, the balance remaining being
the profit; the profit is divided by the amount wagered on the betting interest
finishing first, such quotient being the profit per dollar wagered to win on
that betting interest.
(2) The net win pool shall be distributed
as a single price pool to winning wagers in the following precedence, based
upon the official order of finish:
(a) to those whose selection finished
first; but if there are no such wagers, then
(b) to those whose selection finished
second; but if there are no such wagers, then
(c) to those whose selection finished
third; but if there are no such wagers, then
(d) the entire pool shall be refunded on Win
wagers for that contest.
(3) If there is a dead heat for first
involving:
(a) contestants representing the same
betting interest, the win pool shall be distributed as if no dead heat
occurred;
(b) contestants representing two or more
betting interests, the win pool shall be distributed as a profit split.
C. Place Pools:
(1) The amounts wagered to place on the
first two betting interests to finish are deducted from the net pool, the
balance remaining being the profit; the profit is divided into two equal
portions, one being assigned to each winning betting interest and divided by
the amount wagered to place on that betting interest, the resulting quotient is
the profit per dollar wagered to place on that betting interest.
(2) The net place pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) if contestants of a coupled entry or
mutuel field finished in the first two places, as a single price pool to those
who selected the coupled entry or mutuel field; otherwise
(b) as a profit split to those whose
selection is included within the first two finishers; but if there are no such
wagers on one of those two finishers, then
(c) as a single price pool to those who
selected the one covered betting interest included within the first two
finishers; but if there are no such wagers, then
(d) as a single price pool to those who
selected the third-place finisher; but if there are no such wagers, then
(e) the entire pool shall be refunded on
place wagers for that contest.
(3) If there is a dead heat for first
involving:
(a) contestants representing the same
betting interest, the place pool shall be distributed as a single price pool;
(b) contestants representing two or more
betting interests, the place pool shall be distributed as a profit split.
(4) If there is a dead heat for second
involving:
(a) contestants representing the same
betting interest, the place pool shall be distributed as if no dead heat
occurred;
(b) contestants representing two or more
betting interests, the place pool is divided with one-half of the profit
distributed to place wagers on the betting interest finishing first and the
remainder is distributed equally amongst place wagers on those betting
interests involved in the dead heat for second.
D. Show Pools:
(1) The amounts wagered to show on the
first three betting interests to finish are deducted from the net pool, the
balance remaining being the profit; the profit is divided into three equal
portions, one being assigned to each winning betting interest and divided by
the amount wagered to show on that betting interest, the resulting quotient
being the profit per dollar wagered to show on that betting interest.
(2) The net show pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) if contestants of a coupled entry or
mutuel field finished in the first three places, as a single price pool to
those who selected the coupled entry or mutuel field; otherwise;
(b) if contestants of a coupled entry or
mutuel field finished as two of the first three finishers, the profit is
divided with two-thirds distributed to those who selected the coupled entry or
mutuel field and one-third distributed to those who selected the other betting
interest included within the first three finishers; otherwise
(c) as a profit split to those whose
selection is included within the first three finishers; but if there are no
such wagers on one of those three finishers, then;
(d) as a profit split to those who
selected one of the two covered betting interests included within the first
three finishers; but if there are no such wagers on two of those three
finishers, then;
(e) as a single price pool to those who
selected the one covered betting interest included within the first three
finishers; but if there are no such wagers, then;
(f) as a single price pool to those who
selected the fourth-place finisher; but if there are no such wagers, then;
(g) the entire pool shall be refunded on
show wagers for that contest.
(3) If there is a dead heat for first
involving:
(a) two contestants representing the same
betting interest, the profit is divided with two-thirds distributed to those
who selected the first-place finishers and one-third distributed to those who
selected the betting interest finishing third;
(b) three contestants representing a
single betting interest, the show pool shall be distributed as a single price
pool;
(c) contestants representing two or more
betting interests, the show pool shall be distributed as a profit split.
(4) If there is a dead heat for second
involving:
(a) contestant representing the same
betting interest, the profit is divided with one-third distributed to those who
selected the betting interest finishing first and two-third distributed to
those who selected the second-place finishers;
(b) contestants representing two betting
interests, the show pool shall be distributed as a profit split;
(c) contestants representing three
betting interests, the show pool is divided with one-third of the profit
distributed to show wagers on the betting interest finishing first and the
remainder is distributed equally amongst show wagers on those betting interests
involved in the dead heat for second.
(5) If there is a dead heat for third
involving:
(a) contestants representing the same
betting interest, the show pool shall be distributed as if no dead heat
occurred;
(b) contestants representing two or more
betting interests, the show pool is divided with two-thirds (2/3) of the profit
distributed to show wagers on the betting interests finishing first and second
and the remainder is distributed equally amongst show wagers on those betting
interests involved in the dead heat for third.
E. Double Pools:
(1) The double requires selection of the
first-place finisher in each of two specified contests.
(2) The net double pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) as a single price pool to those whose
selection finished first in each of the two contests; but if there are no such
wagers, then
(b) as a profit split to those who
selected the first-place finisher in either of the two contests; but if there
are no such wagers, then
(c) as a single price pool to those who selected
the one covered first-place finisher in either contest; but if there are no
such wagers, then
(d) as a single price pool to those whose
selection finished second in each of the two contests; but if there are no such
wagers, then
(e) the entire pool shall be refunded on
double wagers for those contests.
(3) If there is a dead heat for first in
either of the two contests involving:
(a) contestants representing the same
betting interest, the double pool shall be distributed as if no dead heat
occurred;
(b) contestants representing two or more
betting interests, the double pool shall be distributed as a profit split if
there is more than one covered winning combination.
(4) Should a betting interest in the
first-half of the double be scratched prior to the first double contest being
declared official, all money wagered on combinations including the scratched
betting interest shall be deducted from the double pool and refunded.
(5) Should a betting interest in the
second-half of the double be scratched prior to the close of wagering on the
first double contest, all money wagered on combinations including the scratched
betting interest shall be deducted from the double pool and refunded.
(6) Should a betting interest in the
second-half of the double be scratched after the close of wagering on the first
double contest, all wagers combining the winner of the first contest with the
scratched betting interest in the second contest shall be allocated a
consolation payout. In calculating the
consolation payout the net double pool shall be divided by the total amount
wagered on the winner of the first contest and an unbroken consolation price
obtained. The broken consolation price
is multiplied by the dollar value of wagers on the winner of the first contest
combined with the scratched betting interest to obtain the consolation
payout. Breakage is not utilized in this
calculation. The consolation payout is
deducted from the net double pool before calculation and distribution of the
winning double payout. Dead heats
including separate betting interests in the first contest shall result in a
consolation payout calculated as a profit split.
(7) If either of the double contests is
cancelled prior to the first double contest, or the first double contest is
declared "no contest", the entire double pool shall be refunded on
double wagers for those contests.
(8) If the second double contest is
cancelled or declared "no contest" after the conclusion of the first
double contest, the net double pool shall be distributed as a single price pool
to wagers selecting the winner of the first double contest. In the event of a dead heat involving
separate betting interests, the net double pool shall be distributed as a
profit split.
F. Pick Three Pools:
(1) The
pick three requires selections of the first-place finisher in each of three
specified contests.
(2) The
net pick three pool shall be distributed to winning wagers in the following
precedence, based upon the official order of finish:
(a) as
a single price pool to those whose selection finished first in each of the
three contests; but if there are no such wagers, then
(b) as
a single price pool to those who selected the first-place finisher in any two
of the three contests; but if there are no such wagers, then
(c) as
a single price pool to those who selected the first-place finisher in any one
of the three contest; but if there are no such wagers,
then
(d) the
entire pool shall be refunded on pick three wagers for those contests.
(3) If
there is a dead heat for first in any of the three contests involving:
(a) contestants
representing the same betting interest, the pick three pool shall be
distributed as if no dead heat occurred;
(b) contestants
representing two or more betting interests, the pick three pool shall be
distributed as a single price pool with each winning wager receiving an equal
share of the profit.
(4) Should
a betting interest in any of the pick three contest 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 totalisator shall produce reports showing
each of the wagering combinations with substituted betting interests which
became winners as the result of the substitution, in addition to the normal
winning combinations.
(5) If all three pick three contests are
cancelled or declared "no contest"; the entire pool shall be refunded
on pick three wagers for those contests.
(6) If one or two of the pick three
contests are cancelled or declared "no contest", the pick three pool
will remain valid and shall be distributed in accordance with Paragraph (2) of
Subsection F of 15.2.7 NMAC.
G. Pick
(n) Pools:
(1) The pick (n) requires selection of
the first-place finisher in each of a designated number of contests. The association must obtain written approval
from the commission concerning the scheduling of pick (n) contests, the
designation of one of the methods prescribed in Paragraph (2) of Subsection G
of 15.2.7 NMAC, and the amount of any cap to be set on the carryover. Any changes to the approved pick (n) format
require prior approval from the commission.
(2) The pick (n) pool shall be
apportioned under one of the following methods:
(a) method 1, pick (n) with carryover:
the net pick (n) pool and carryover, if any, shall be distributed as a single
price pool to those who selected the first-place finisher in each of the pick
(n) contests, based upon the official order or 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-place finisher in the greatest number of
pick (n) contests; and the remainder shall be added to the carryover;
(b) method 2, pick (n) with minor pool
and carryover: the major share of the net pick (n) pool and the carryover, if
any, shall be distributed to those who selected the first-place finisher in
each of the pick (n) contests, based upon the official order of finish; the
minor share of the net pick (n) pool shall be distributed to those who selected
the first-place finisher in the second greatest number of pick (n) contests,
based upon the official order of finish; if there are no wagers selecting the
first-place finisher of all pick (n) contests, the minor share of the net pick
(n) pool shall be distributed as a single price pool to those who selected the
first place finisher in the greatest number of pick (n) contests; and the major
share shall be added to the carryover;
(c) method 3, pick (n) with no minor pool
and no carryover: the net pick (n) pool
shall be distributed as a single price pool to those who selected the
first-place finisher in the greatest number of pick (n) contests, based upon
the official order of finish; if there are no winning wagers, the pool is
refunded;
(d) method 4, pick (n) with minor pool
and no carryover: the major share of the
net pick (n) pool shall be distributed to those who selected the first place
finisher in the greatest number of pick (n) contests, based upon the official
order of finish; the minor share of the net pick (n) pool shall be distributed
to those who selected the first place finisher in the second greatest number of
pick (n) contests, based upon the official order of finish; if there are no wagers
selecting the first-place finisher in a second greatest number of pick (n)
contests, the minor share of the net pick (n) pool shall be combined with the
major share for distribution as a single price pool to those who selected the
first-place finisher in the greatest number of pick (n) contests; if the
greatest number of first-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, pick (n) with minor pool
and no carryover: the major share of net
pick (n) pool shall be distributed to those who selected the first-place
finisher in each of the pick (n) contests, based upon the official order of
finish; the minor share of the net pick
(n) pool shall be distributed to those who selected the first-place finisher in
the second greatest number of pick (n) contests, based upon the official order
of finish; if there are no wagers
selecting the first-place finisher in all pick (n) contests, the entire net
pick (n) pool shall be distributed as a single price pool to those who selected
the first-place finisher in the greatest number of pick (n) contests; if there
are no wagers selecting the first-place finisher in a second greatest number of
pick (n) contests, the minor share of the net pick (n) pool shall be combined
with the major share for distribution as a single price pool to those who
selected the first-place finisher in each of the pick (n) contests; if there
are no winning wagers, the pool is refunded.
(f) method
6, pick (n) with “unique winning ticket” provision: The net pick (n) pool and carryover, if any,
shall be distributed to the holder of a unique winning ticket that selected the
first-place finisher in each of the pick (n) contests, based upon the official
order of finish. If there is no unique
ticket selecting the first-place finisher in each of the pick (n) contests, or
if there are no wagers selecting the first-place finisher of all pick (n)
contests, the minor share of the net pick (n) pool shall be distributed as a
single price pool to those who selected the first-place finisher in the
greatest number of pick (n) contests, and the major share shall be added to the
carryover. Association may suspend
previously approved unique winning ticket wagering with the prior approval of
the commission. Any carryover shall be
held until the suspended unique winning ticket wagering is reinstated.
(3) If there is a dead heat for first in
any of the pick (n) contests involving:
(a) contestants representing the same
betting interest, the pick (n) pool shall be distributed as if no dead heat
occurred;
(b) contestants representing two or more
betting interests, the pick (n) pool shall be distributed as a single price
pool with each winning wager receiving an equal share of the profit.
(4) Should a betting interest in any of
the pick (n) contest 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 totalisator
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 combinations.
(5) The pick (n) pool shall be cancelled
and all pick (n) wagers for the individual performance shall be refunded if:
(a) at least two contests included as
part of a pick 3 are cancelled or declared "no contest";
(b) at least three contests included as
part of a pick 4, pick 5 or pick 6 are cancelled or declared "no
contest";
(c) at least four contests included as
part of a pick 7, pick 8 or pick 9 are cancelled or declared "no
contest";
(d) at least five contests included as
part of a pick 10 are cancelled or declared "no contest".
(6) If at least one contest included as
part of a pick (n) is cancelled or declared "no contest", but not
more than the number specified in Paragraph (5) of Subsection G of 15.2.7 NMAC,
the net pool shall be distributed as a single price pool to those whose
selection finished first in the greatest number of pick (n) contests for that
performance. Such distribution shall
include the portion ordinarily retained for the pick (n) carryover but not the
carryover from previous performances.
(7) The pick (n) carryover may be capped
at a designated level approved by the commission so that if, at the close of any
performance, the amount in the pick (n) carryover equals or exceeds the
designated cap, the pick (n) carryover will be frozen until it is won or
distributed under other provisions of this rule. After the pick (n) carryover is frozen, 100
percent of the net pool, part of which ordinarily would be added to the pick
(n) carryover, shall be distributed to those whose selection finished first in
the greatest number of pick (n) contests for that performance.
(8) A written request for permission to
distribute the pick (n) carryover on a specific performance may be submitted to
the commission. 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.
(9) Should the 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 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 pick (n)
contests. The pick (n) carryover shall
be designated for distribution on a specified date and performance only under
the following circumstances:
(a) upon written approval from the
commission as provided in Paragraph (8) of Subsection G of 15.2.7 NMAC of this
section;
(b) upon written approval from the
commission when there is a change in the carryover cap, a change from one type
of pick (n) wagering to another, or when the pick (n) is discontinued;
(c) on the closing performance of the
meet or split meet.
(10) If, for any reason, the pick (n)
carryover must be held over to the corresponding pick (n) pool of a subsequent
meet, the carryover shall be deposited in an interest-bearing account approved
by the commission. The pick (n)
carryover plus accrued interest shall then be added to the net pick (n) pool of
the following meet on a date and performance so designated by the commission.
(11) With the written approval of the
commission, the association may contribute to the pick (n) carryover a sum of
money up to the amount of any designated cap.
(12) Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of live tickets remaining is strictly
prohibited. This shall not prohibit
necessary communication between totalisator and
pari-mutuel department employees for processing of pool data.
(13) The association may suspend previously
approved pick (n) wagering with the prior approval of the commission. Any carryover shall be held until the
suspended pick (n) wagering is reinstated.
An association may request approval of a pick (n) wager or separate
wagering pool for specific performances.
H. Solo 6:
(1) The
solo 6 requires selection of the
first place finisher in each of six designated contests. The entire net solo 6 pool and carryover, if any, shall be distributed to the
holder of a unique wager selecting the first place finisher in each of the
selected six contests. If there is no
unique wager selecting the first place finisher in all six contests, the minor
share of the solo 6 shall be
distributed as a single price pool to those who selected the first place
finisher in the greatest number of contests.
The major share shall be added to the carryover. The designated percentage of minor and major
pools must be approved by the New Mexico racing commission and posted in the
official racing program.
(2) Unique
wager, as used in this subsection, shall be defined as having occurred when the
total amount wagered on a winning combination selecting the first place
finisher in each of the six contests is
equal to the minimum allowable wager.
(3) If
there is a dead heat for first in any of the solo 6 contests involving:
(a) contestants
representing the same betting interest, the solo
6 pool shall be distributed as if no dead heat occurred;
(b) contestants
representing two or more betting interests, the solo 6 pool shall be distributed as a single price pool with each
winning wager receiving an equal share of that day’s pool if there is more than
one winning ticket.
(4) Should
a betting interest in any of the solo 6
contests be scratched or determined to be a non-starter, the actual favorite,
as evidenced by the 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.
(5) The
solo 6 pool shall be cancelled and
all solo 6 wagers for the individual
performance shall be refunded if at least three contests included as part of
the solo 6 are cancelled or declared
a no contest.
(6) If
at least one contest of the solo 6 is
cancelled or declared a no contest, but not more than three contests, the net
pool shall be distributed as a single price pool to those whose selection
finished first in the greatest number of solo
6 contests for that performance.
Such distribution shall include the portion ordinarily retained for the solo 6 carryover, but not the carryover
from previous performances.
(7) The
solo 6 carryover may be capped at a
designated level approved by the New Mexico racing commission so that if, at
the close of any performance, the amount in the carryover equals or exceeds the
designated cap, the solo 6 carryover
will be frozen until it is won or distributed under other provisions of this
rule. After the solo 6 carryover is frozen, one hundred per cent of the net pool,
part of which ordinarily would be added to the solo 6 carryover, shall be distributed to those whose selections
finished first in the greatest number of solo
6 contests for that performance.
(8) A
written request for permission to distribute the solo 6 carryover on a specific date shall be submitted to the New
Mexico racing commission. The request
must contain justification for the distribution, an explanation of the benefit
to be derived, and the intended date of the distribution.
(9) Should
the solo 6 be designated for
distribution on a specific date, the unique wager provision of this subsection
shall be suspended, and the entire pool shall be distributed as a single price
pool to those whose selection finished first in the greatest number of solo 6 contests. The solo
6 carryover shall be designated for distribution on a specific date and
performance only under the following circumstances:
(a) upon
written approval from the New Mexico racing commission as provided in Paragraph
(8) of Subsection H of 15.2.7.12 NMAC;
(b) when
the solo 6 is discontinued; or
(c) on
the closing day of the meet.
(10) If
for any reason the solo 6 carryover
must be held over to the corresponding solo
6 pool or subsequent meet, the carryover shall be deposited into an interest
bearing account approved by the New Mexico racing commission. The solo
6 carryover, plus accrued interest, shall then be added to the net solo 6 pool of the following meet. Following meet would be defined as next
racing season of the racetrack where the carryover occurred.
(11) Association
may suspend previously approved solo 6
wagering with the prior approval of the New Mexico racing commission. Any carryover shall be held until the
suspended solo 6 wagering is
reinstated.
Solo 6, as used in this rule, shall mean the selection of winners in six
contests during the course of an official racing program.
I. Place
Pick (n) Pools:
(1) The place pick (n) is a separate pari-mutuel
pool established by the association on a designated number of races. The pool consists of amounts wagered on a
horse to finish first or second in each of the races. It is not a parlay and has no connection with
or relation to other pools conducted by the association, except for the
provisions in Paragraph (5) of Subsection H of 15.2.7.12 NMAC, or to rules
governing the distribution of other pools.
(2) A valid place pick (n) ticket shall
be evidence of a binding contract between the holder of the ticket and the
association and shall constitute an acceptance of place pick (n) provisions and
rules contained herein.
(3) A place pick (n) may be given a
distinctive name by the association conducting the meeting, subject to
commission approval.
(4) A wager on a coupled entry or mutuel
field is considered a wager on the remaining part of the coupled entry or
mutuel field if any part of such entry starts for pari-mutuel purposes in
accordance with Subsection L of 15.2.7.8 NMAC.
(5) If a ticket in any place pick (n)
race designates a selection that is scratched, excused or determined by the
stewards to be a nonstarter in the race, the association may designate the
actual favorite, which is determined by the amounts wagered in the win pool at
the time of the start of the race. The actual favorite will be substituted for
the nonstarting selection for all purposes.
(6) Except as provided in Subparagraph
(a) of Paragraph (6) of Subsection H of 15.2.7.12 NMAC, in a dead heat for win
between two or more horses, only the horses in such dead heat shall be
considered winning horses.
(a) In
a dead heat for win between two or more coupled horses, all such horses
together with the horse(s) which finishes next in order shall be considered
winning horses.
(b) Except
as provided in Paragraph (6) of Subsection H 15.2.7.12 NMAC, a dead heat for
second between two or more horses, all such horses together with the horse
which finished first shall be considered winning horses.
(7) The association shall distribute the
net pool to holders of valid tickets that correctly selected the most first or
second place finishers.
(8) All tickets shall be refunded if all
races comprising the place pick (n) are cancelled or declared as no
contest. The entire pool shall be
refunded if less than four races are completed and if four or more races are
completed the net pool shall be distributed pursuant to Paragraph (7) of
Subsection H of 15.2.7.12 NMAC.
(9) After wagering closes on the first
race comprising of the place pick (n) no ticket shall be sold, exchanged or
cancelled.
(10) If the racing surface changes from turf
to dirt or dirt to turf in any race of a place pick (n), and such change is not
announced to the public before the close of wagering on the place pick (n)
pool, all wagers on such race shall be considered winning wagers for the
purposes of the place pick (n).
J. Grand Slam Pools:
(1) The
grand slam requires selection of the official first, second or third place
finisher in each of the first three races in a series of four designated grand
slam races. A completed winning grand
slam wager requires the selection of the official first place finisher in the
fourth and final event in this same series of races. The association must obtain written approval
from the commission for the initial scheduling or specific performances of
grand slam races or any other name used to characterize this bet type and
identify the pari-mutuel pool and any required distribution percentages. Changes to the approved grand slam format, or
suspension of previously approved grand slam wagering, require prior approval
from the commission.
(2) The
grand slam pool shall be apportioned under the following method:
(a) Grand
slam wager with no carryover; the net grand slam pool shall be distributed from
a single betting pool to participants who selected the first, second or third
place finisher in the first three races of a series of four grand slam races
completing a winning wager with the selection of the first place finisher in
the fourth and final grand slam event in this same series, based upon the
official order of finish.
(b) Grand
slam wager with no carryover; if there are no winning wagers taking into
account all four segments of the grand slam wager, the pool shall be
distributed as a single price pool to those who selected the first place
finisher in the fourth and final grand slam event in this series of races along
with the greatest number of first, second or third place finishers each of
which had an accompanying show pari-mutuel payout, in accordance with
Subsection M of 15.2.7.8 NMAC in each of the first three races in the series of
four designated grand slam races. All
results are based upon the official order of finish for each race.
(3) If
there is a dead heat for the first in any of the grand slam segments involving:
(a) Official
program numbered horses representing the same betting interest, the grand slam
pool shall be distributed as if no dead heat occurred.
(b) Official
program numbered horses representing two or more betting interests, the grand
slam pool shall be distributed from a single betting pool with a winning wager
including each betting interest participating in the dead heat provided each
entrant has a pari-mutuel show payout within its race.
(4) If
there is a dead heat for second and/or third in any of the first three races in
a series of four designated grand slam contests involving:
(a) Horses
representing the same betting interest, the grand slam pool shall be
distributed as if no dead heat occurred.
(b) Horses
representing two or more betting interests, the grand slam pool shall be
distributed from a single betting pool with a winning wager including the
betting interest which finished first or any betting interest involved in the
dead heat for second or third providing the horse has a show pari-mutuel
payout.
(5) Should
a betting interest in any of the grand slam contests be scratched:
(a) The
actual favorite, as evidenced by total amounts wagered in the win pool at the
association for the contest at the close of wagering on that contest, shall be
substituted for the scratched betting interest for all purposes, including pool
calculation. 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 greatest amount of money in the place
pool. The totalisator
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.
(b) Should
a scratch or scratches occur in any of the first three races in a series of
four designated grand slam contests and subsequently show wagering is cancelled
due to an insufficient number of remaining betting interests, this race for
winning grand slam wagering purposes would include the win and place horse
only.
(6) The
grand slam pool shall be canceled and all grand slam wagers for the individual
performance shall be refunded if at least two contests included as part of a
grand slam wager are cancelled or declared "no contest".
(7) If at least one race included as part
of a grand slam wager is canceled or declared "no contest", but not
more than the number specified in Paragraph (6) of Subsection I of 15.2.7.12
NMAC, the net pool shall be distributed from a single betting pool to those
bettors whose selections finished first, second or third in the greatest number
of grand slam contests in the first three races in a series of four designated
grand slam contests. In determining a
pari-mutuel distribution under this section, a finish of first in the final and
fourth designated grand slam contest race for the performance in question shall
have the same weight as a finish of first, second or third in the greatest
number of grand slam contests in the first three races in a series of four
designated grand slam contests.
(8) When
the condition of the turf course warrants a change of racing surface in any of
the legs of the grand slam races, and such change has not been made known to
the betting public prior to the close of wagering for the grand slam pool, the
stewards shall declare the changed leg(s) a "no contest" for grand
slam wagering purposes and the pool shall be distributed in accord with
Paragraph (7) of Subsection I of 15.2.7.12 NMAC.
(9) Providing
information to any person regarding covered combinations, amounts wagered on specific
combinations, number of tickets sold, or number of live tickets remaining prior
to the third segment of the wager being made official is strictly
prohibited. This shall not prohibit
necessary communication between totalisator and
pari-mutuel department employees for processing of pool data.
K. Quinella
Pools:
(1) The quinella requires selection of
the first two finishers, irrespective of order, for a single contest.
(2) The net quinella pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) if contestants of a coupled entry or
mutuel field finish as the first two finishers, as a single price pool to those
selecting the coupled entry of mutuel field combined with the next separate
betting interest in the official order of finish; otherwise
(b) as a single price pool to those whose
combination finished as the first two betting interests; but if there are no
such wagers, then
(c) as a profit split to those whose
combination included either the first or second-place finisher; but if there
are no such wagers on one of the two finishers, then
(d) as a single price pool to those whose
combination included the one covered betting interest included within the first
two finishers; but if there are no such wagers, then
(e) the entire pool shall be refunded on
quinella wagers for that contest.
(3) If there is a dead heat for first
involving:
(a) contestants representing the same
betting interest, the quinella pool shall be distributed to those selecting the
coupled entry or mutuel field combined with the next separate betting interest
in the official order of finish;
(b) contestants representing two betting
interests, the quinella pool shall be distributed as if no dead heat occurred;
(c) contestants representing three or
more betting interests, the quinella pool shall be distributed as a profit
split.
(4) If there is a dead heat for second
involving contestants representing the same betting interest, the quinella pool
shall be distributed as if no dead heat occurred.
(5) If there is a dead heat for second
involving contestants representing two or more betting interests, the quinella
pool shall be distributed to wagers in the following precedence, based upon the
official order of finish:
(a) as a profit split to those combining
the winner with any of the betting interests involved in the dead heat for
second; but if there is only one covered combination, then
(b) as a single price pool to those
combining the winner with the one covered betting interest involved in the dead
heat for second; but if there are no such wagers, then
(c) as a profit split to those combining
the betting interests involved in the dead heat for second; but if there are no
such wagers, then
(d) as a profit split to those
whose combination included the winner and any other betting interest and wagers
selecting any of the betting interests involved in the dead heat for second;
but if there are no such wagers, then
(e) the entire pool shall be refunded on
quinella wagers for that contest.
L. Quinella
Double Pools:
(1) The quinella double requires
selection of the first two finishers, irrespective of order, in each of two
specified contests.
(2) The net quinella double pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) if a coupled entry or mutuel field
finishes as the first two contestants in either contest, as a single price pool
to those selecting the coupled entry or mutuel field combined with the next
separate betting interest in the official order of finish for that contest, as
well as the first two finishers in the alternate quinella double contest;
otherwise
(b) as a single price pool to those who
selected the first two finishers in each of the two quinella double contests;
but if there are no such wagers, then
(c) as a profit split to those who
selected the first two finishers in either of the two quinella double contests;
but if there are no such wagers on one of those contests, then
(d) as a single price pool to those who
selected the first two finishers in the one covered quinella double contest;
but if there were no such wagers, then
(e) the entire pool shall be refunded on
quinella double wagers for those contests.
(3) If there is a dead heat for first in
either of the two quinella double contests involving:
(a) contestants representing the same
betting interest, the quinella double pool shall be distributed to those
selecting the coupled entry or mutuel field combined with the next separate
betting interest in the official order of finish for that contest;
(b) contestants representing two betting
interests, the quinella double pool shall be distributed as if no dead heat
occurred;
(c) contestants representing three of
more betting interests, the quinella double pool shall be distributed as a
profit split.
(4) If there is a dead heat for second in
either of the quinella double contests involving contestants representing the
same betting interest, the quinella double pool shall be distributed as if no
dead heat occurred.
(5) If there is a dead heat for second in
either of the quinella double contests involving contestants representing two
or more betting interests, the quinella double pool shall be distributed as
profit split.
(6) Should a betting interest in the
first-half of the quinella double be scratched prior to the first quinella
double contest being declared official, all money wagered on combinations
including the scratched betting interest shall be deducted from the quinella
double pool and refunded.
(7) Should a betting interest in the
second half of the quinella double be scratched prior to the close of wagering
on the first quinella double contest, all money wagered on combinations
including the scratched betting interest shall be deducted from the quinella
double pool and refunded.
(8) Should a betting interest in the
second-half of the quinella double be scratched after the close of wagering on
the first quinella double contest, all wagers combining the winning combination
in the first contest with a combination including the scratched betting
interest in the second contest shall be allocated a consolation payout. In calculating the consolation payout the net
quinella double pool shall be divided by the total amount wagered on the
winning combination in the first contest and an unbroken consolation price
obtained. The unbroken consolation price
is multiplied by the dollar value of wagers on the winning combination in the
first contest combined with a combination including the scratched betting
interest in the second contest to obtain the consolation payout. Breakage is not utilized in this
calculation. The consolation payout is
deducted from the net quinella double pool before calculation and distribution
of the winning quinella double payout.
In the event of a dead heat involving separate betting interests, the
net quinella double pool shall be distributed as a profit split.
(9) If either of the quinella double
contests is cancelled prior to the first quinella double contest, or the first
quinella double contest is declared "no contest", the entire quinella
double pool shall be refunded on quinella double wagers for those contests.
(10) If the second quinella double contest
is cancelled or declared "no contest" after the conclusion of the
first quinella double contest, the net quinella double pool shall be
distributed as a single price pool to wagers selecting the winning combination
in the first quinella double contest. If
there are no wagers selecting the winning combination in the first quinella
double contest, the entire quinella double pool shall be refunded on quinella
double wagers for those contests.
M. Exacta
Pools:
(1) The exacta requires selection of the
first two finishers, in their exact order, for a single contest.
(2) The net exacta pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
(a) if contestants of a coupled entry or
mutuel field finish as the first two finishers, as a single price pool to those
selecting the coupled entry or mutuel field combined with the next separate
betting interest in the official order of finish; otherwise
(b) as a single price pool to those whose
combination finished in correct sequence as the first two betting interests;
but if there are no such wagers, then
(c) as a profit split to those whose
combination included either the first-place betting interest to finish first or
the second-place betting interest to finish second; but if there are no such
wagers on one of those two finishers, then
(d) as a single price pool to those whose
combination included the one covered betting interest to finish first or second
in the correct sequence; but if there are no such wagers, then
(e) the entire pool shall be refunded on
exacta wagers for that contest.
(3) If there is a dead heat for first
involving:
(a) contestants representing the same
betting interest, the exacta pool shall be distributed as a single price pool
to those selecting the coupled entry of mutuel field combined with the next
separate betting interest in the official order of finish;
(b) contestants representing two or more
betting interests, the exacta pool shall be distributed as a profit split.
(4) If there is a dead heat for second
involving contestants represent the same betting interest, the exacta pool
shall be distributed as if no dead heat occurred.
(5) If there is a dead heat for second
involving contestants representing two or more betting interests, the exacta
pool shall be distributed to ticket holders in the following precedence, based
upon the official order of finish:
(a) as a profit split to those combining
the first-place betting interest with any of the betting interests involved in
the dead heat for second; but if there is only one covered combination, then
(b) as a single price pool to those
combining the first-place betting interest with the one covered betting
interest involved in the dead heat for second; but if there are no such wagers,
then
(c) as a profit split to those wagers
correctly selecting the winner for first-place and
those wagers selecting any of the dead-heated betting interests for
second-place; but there are no such wagers, then
(d) the entire pool shall be refunded on
exacta wagers for that contest.
N. Trifecta
Pools:
(1) The trifecta requires selection of
the first three finishers, in their exact order, for a single contest.
(2) The net trifecta pool shall be distributed
to winning wagers in the following precedence, based upon the official order of
finish:
(a) as a single price pool to those whose
combination finished in correct sequence as the first three betting interests;
but if there are no such wagers, then
(b) as a single price pool to those whose
combinations included, in correct sequence, the first two betting interest; but
if there are no such wagers, then
(c) as
a single price pool to those whose combinations correctly selected the
first-place betting interest only; but if there are no such wagers, then
(d) the
entire pool shall be refunded on trifecta wagers for that contest
(e) where
only two horses finish in the race on which trifecta wagering is conducted, the
pool shall be calculated so that the net pool should be divided by the value of
tickets sold in the pool on horses selected to finish first and second in the
exact order of the official result coupled with any other horse that started in
the race;
(f) where
only one horse finishes in a race on which trifecta wagering is conducted, the
pool shall be calculated so that the net pool shall be divided by the value of
the tickets sold in the trifecta pool selecting that horse to finish first,
coupled with any two other horses started in the race.
(3) If less than three betting interests
finish and the contest is declared official, payouts will be made based upon
the order of finish of those betting interests completing the contest. The balance of any selection beyond the
number of betting interests completing the contest shall be ignored.
(4) If there is a dead heat for first
involving:
(a) contestants representing three or
more betting interests, all of the wagering combinations selecting three
betting interests which correspond with any of the betting interests involved
in the dead heat shall share in a profit split;
(b) contestants representing two betting
interests, both of the wagering combinations selecting
the two dead-heated betting interests, irrespective of order, along with the
third-place betting interest shall share in a profit split.
(5) If there is a dead heat for second,
all of the combinations correctly selecting the winner combined with any of the
betting interests involved in the dead heat for second shall share in a profit
split.
(6) If there is a dead heat for third,
all wagering combinations correctly selecting the first two finishers, in
correct sequence, along with any of the betting interests involved in the dead
heat for third shall share in a profit split.
O. Supertrifecta
Pools:
(1) The
superfecta requires selection of the first four finishers, in their exact order
for a single contest.
(2) The
net superfecta pool shall be distributed to winning wagers in the following
precedence, based upon the official order of finish:
(a) as
a single price pool to those whose combination finished in correct sequence as
the first four betting interests; but if there are no such wagers, then
(b) as
a single price pool to those whose combination included, in correct sequence,
the first three betting interests; but if there are no such wagers, then
(c) as
a single price pool to those whose combination included, in correct sequence,
the first two betting interests; but if there are no such wagers, then
(d) as
a single price pool to those whose combination correctly selected the
first-place betting interest only; but if there are no such wagers, then
(e) the
entire pool shall be refunded on superfecta wagers for that contest.
(3) If
less than four betting interests finish and the contest is declared official,
payouts will be made based upon the order of finish of those betting interests
completing the contest. The balance of
any selection beyond the number of betting interests completing the contest
shall be ignored.
(4) If there is a dead heat for first
involving:
(a) contestants representing four or more
betting interests, all of the wagering combinations selecting four betting
interests which correspond with any of the betting interests involved in the
dead heat shall share in a profit split;
(b) contestants representing three
betting interests, all of the wagering combinations
selecting the three dead-heated betting interests, irrespective of order, along
with the fourth place betting interest shall share in a profit split;
(c) contestants representing two betting
interests, both of the wagering a combination selecting the two dead-heated
betting interests, irrespective of order, along with the third-place and
fourth-place betting interests shall share in a profit split.
(5) If there is a dead heat for second
involving:
(a) contestants representing three or
more betting interests, all of the wagering combinations correctly selecting
the winner combined with any of the three betting interests involved in the
dead heat for second shall share in a profit split;
(b) contestants representing two betting
interests, all of the wagering combinations correctly
selecting the winner, the two dead-heated betting interests, irrespective of
order, and the fourth-place betting interest shall share in a profit split.
(6) If there is a dead heat for third, all
wagering combinations correctly selecting the first two finishers, in correct
sequence, along with any two of the betting interests involved in the dead heat
for third shall share in a profit split.
(7) If there is a dead heat for fourth,
all wagering combinations correctly selecting the first three finishers, in
correct sequence, along with any of the betting interests involved in the dead
heat for fourth shall share in a profit split.
(8) Coupled entries and mutuel fields may
be permitted in superfecta contests with the prior written approval of the
commission.
P. Pentafecta (Super Hi-5):
(1) The pentafecta (super hi-5) requires the selection of the first five finishers, in their exact order, for a single contest.
(2) An association may elect to conduct a pentafecta (super hi-5) in the carryover method as provided in Paragraph (7) below. If an association elects to offer the carryover method, a notice shall be made in the daily program explaining that there is a carryover provision and the percentages applying to the jackpot pool and the minor pool. All pentafectas (super hi-5) not conducted in the carryover method shall be conducted in the non-carryover method as provided in Paragraph (3) below.
(3) The net non-carryover pentafecta (super hi-5) pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:
(a) as a single price pool to those whose combination finished in exact order as the first five betting interests, if there are no such wagers;
(b) as a single price pool to those whose combination included, in exact order, the first four betting interests, if there are no such wagers;
(c) as a single price pool to those whose combination included, in exact order, the first three betting interests, if there are no such wagers;
(d) as a single price pool to those whose combination included, in exact order, the first two betting interests, if there are no such wagers;
(e) as a single price pool to those whose combination correctly selected the first place betting interest only, if there are no such wagers;
(f) the entire pentafecta (super hi-5) pool shall be refunded for that contest.
(4) If less than five betting interests finish and the contest is declared official, payouts will be made based upon the order of finish of those betting interests completing the contest.
(5) If there is a dead heat in any of the finishing positions, all wagers selecting either of the dead-heated positions with the correct non-dead-heated positions shall be winners and share in the specified payout pool. For example, the results 1/2 -3-4-5-6 with a dead heat in the win position involving numbers 1 and 2 would produce the following winning combinations: 1-2-3-4-5 and 2-1-3-4-5. Payouts will be calculated by splitting the pool equally between each winning combination, then dividing each portion by the number of winning tickets (a "profit split"). As such, a dead heat will produce separate and distinct payouts associated with the distinct winning combinations.
(6) In the event that more than one component of a coupled entry or mutual field finishes within the first five positions, the first member of the coupled entry or field to finish shall determine the position of the single betting interest. The net pool shall be distributed to those whose selection included the coupled entry or mutuel field and each of the other four betting interests.
(7) The net carryover pentafecta (super hi-5) pool shall be distributed to winning wagers in the following order of finish:
(a) if tickets are sold on the winning combination of the pentafecta (super hi-5), the net pool shall have added to it any carryover monies from previous pentafecta (super hi-5) contests, and shall then be equally divided among those ticket holders;
(b) if no tickets are sold on the winning combination of the pentafecta (super hi-5), then the net pool shall be divided into two separate pools. The major pool of the net pool shall be paid as a carryover pool into the next scheduled pentafecta (super hi-5) race. The remaining minor pool shall be paid as a pentafecta (super hi-5) consolation pool, which will be equally divided among those tickets holders who correctly selected the first four betting interests; but if there is no such wager then;
(c) the pentafecta (super hi-5) consolation pool will be divided among those ticket holders who correctly select the first three interests; but if there are no such wagers, then;
(d) the pentafecta (super hi-5) consolation pool will be divided among those ticket holders who correctly select the first two interests; but if there are no such wagers, then;
(e) the pentafecta (super hi-5) consolation pool will be divided among those ticket holders who correctly select the first betting interest; but if there are no such wagers, then;
(f) the entire net pool shall become a carryover pool into the next regularly scheduled pentafecta (super hi-5) race.
(g) If the pentafecta (super hi-5) gross pool is refunded in accordance with the above-described rules, then all monies carried over, if any, shall be carried over to the next regularly scheduled pentafecta (super hi-5).
(h) If less than five betting interests finish and the contest is declared official, payoffs will be made based on the order of finish of those betting interests completing the contest. In this event, payouts will be calculated as consolation payouts and the remaining net pool will be handled as a jackpot carryover.
(i) In the event the accumulated jackpot carryover has not been distributed prior to the final contest of the performance, then the accumulated jackpot carryover and the net pool in the final pentafecta (super hi-5) contest of the performance will be added to the first pentafecta (super hi-5) contest of the next performance.
(j) All dead heat provisions of Paragraphs (5), (6), (7), (8), (9) of this subsection and coupled entry of mutuel field provisions of Paragraph (6) of this subsection apply to the net carryover pentafecta (super hi-5) pool distributions.
(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.
(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.
(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.
(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.
(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 a declaration of whether the standard version or the carryover version of the pool is being conducted.
(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.
Q. Twin
Quinella Pools:
(1) The twin quinella requires selection
of the first two finishers, irrespective of order, in each of two designated
contests. Each winning ticket for the
first twin quinella contest must be exchanged for a free ticket on the second
twin quinella contest in order to remain eligible for the second-half twin
quinella pool. Such tickets may be
exchanged only at attended ticket windows prior to the second twin quinella
contest. There will be no monetary
reward for winning the first twin quinella contest. Both of the designated twin quinella contests
shall be included in only one twin quinella pool.
(2) In the first twin quinella contest
only, winning wagers shall be determined using the following precedence, based
upon the official order of finish for the first twin quinella contest:
(a) if a coupled entry or mutuel field
finishes as the first two finishers, those who selected the coupled entry or
mutuel field combined with the next separate betting interest in the official
order of finish shall be winners; otherwise
(b) those whose combination finished as the first two betting interests shall be winners; but if there are no such wagers, then
(c) those whose combination included
either the first or second-place finisher shall be winners; but if there are no
such wagers on one of those two finishers, then
(d) those whose combination included the
one covered betting interest included within the first two finishers shall be
winners; but if there are no such wagers, then
(e) the entire pool shall be refunded on
twin quinella wagers for that contest.
(3) In the first twin quinella contest
only, if there is a dead heat for first involving:
(a) contestants representing the same
betting interest, those who selected the coupled entry or mutuel field combined
with the next separate betting interest in the official order of finish shall
be winners;
(b) contestants representing two betting
interests, the winning twin quinella wagers shall be determined as if no dead
heat occurred;
(c) contestants representing three or
more betting interests, those whose combination included any two of the betting
interests finishing in the dead heat shall be winners.
(4) In the first twin quinella contest
only, if there is a dead heat for second involving:
(a) contestants representing the same
betting interest, those who selected the first-place finisher combined with the
coupled entry or mutuel field in second-place shall be
winners;
(b) contestants representing two or more
betting interests, those who combined the first-place finisher with any of the
betting interests involved in the dead for second shall be winners.
(5) In the second twin quinella contest
only, the entire net twin quinella pool shall be distributed to winning wagers
in the following precedence, based upon the official order of finish for the
second twin quinella contest:
(a) if a coupled entry or mutuel field
finishes as the first two finishers, as a single price pool to those who
selected the coupled entry or mutuel field combined with the next separate
betting interest in the official order of finish; otherwise
(b) as a single price pool to those whose
combination finished as the first two betting interests; but if there are no
such wagers, then
(c) as a profit split to those whose combination
included either the first or second-place finisher; but if there are no such
wagers on one of those two finishers, then
(d) as a single price pool to those whose
combination included the one covered betting interest included within the first
two finishers; but if there are no such wagers, then
(e) as a single price pool to all the
exchange ticket holders for that contest; but if there are no such tickets,
then
(f) in accordance with Paragraph (2) of
Subsection M of 15.2.7 NMAC.
(6) In the second twin quinella contest
only, if there is a dead heat for first involving:
(a) contestants representing the same
betting interest, the net twin quinella pool shall be distributed to those
selecting the coupled entry or mutuel field combined with the next separate
betting interest in the official order of finish;
(b) contestants representing two betting
interests, the net twin quinella pool shall be distributed as if no dead heat
occurred;
(c) contestants representing three or
more betting interests, the net twin quinella pool shall be distributed as a
profit split to those whose combination included any two of the betting
interests finishing in the dead heat.
(7) In the second twin quinella contest
only, if there is a dead heat for second involving:
(a) contestants representing the same
betting interest, the net twin quinella pool shall be distributed as if no dead
heat occurred;
(b) contestants representing two or more
betting interests, the net twin quinella pool shall be distributed as a profit
split to those who combined the first-place finisher with any of the betting
interests involved in the dead heat for second.
(8) If a winning ticket for the
first-half of the twin quinella is not presented for exchange prior to the
close of betting on the second-half twin quinella contest, the ticket holder
forfeits all rights to any distribution of the twin quinella pool resulting
from the outcome of the second contest.
(9) Should a betting interest in the
first half of the twin quinella be scratched, those twin quinella wagers
including the scratched betting interest shall be refunded.
(10) Should a betting interest in the second
half of the twin quinella be scratched, an announcement concerning the scratch
shall be made and a reasonable amount of time shall be provided for exchange of
tickets that include the scratched betting interest. If tickets have not been exchanged prior to
the close of betting for the second twin quinella contest, the ticket holder
forfeits all rights to the twin quinella pool.
(11) If either of the twin quinella contests
is cancelled prior to the first twin quinella contest, or the first twin
quinella contest is declared "no contest", the entire twin quinella
pool shall be refunded on twin quinella wagers for that contest.
(12) If the second-half twin quinella
contest is cancelled or declared "no contest" after the conclusion of
the first twin quinella contest, the net twin quinella pool shall be
distributed as a single price pool to wagers selecting the winning combination
in the first twin quinella contest and all valid exchange tickets. If there is no such wagers, the net twin
quinella pool shall be distributed as described in Paragraph (2) of Subsection
M of 15.2.7 NMAC.
R. Twin
Trifecta Pools:
(1) The twin trifecta requires selection
of the first three finishers, in their exact order, in each of two designated
contests. Each winning ticket for the
first twin trifecta contest must be exchanged for a free ticket on the second
twin trifecta contest in order to remain eligible for the second-half twin
trifecta pool. Such tickets may be
exchanged only at attended ticket windows prior to the second twin trifecta
contest. Winning first half twin
trifecta wagers will receive both an exchange and a monetary payout. Both of the designated twin trifecta contests
shall be included in only one twin trifecta pool.
(2) After wagering closes for the first
half of the twin trifecta and commissions have been deducted from the pool, the
net pool shall then be divided into separate pools; the first-half twin
trifecta pool and the second-half twin trifecta pool.
(3) In
the first twin trifecta contest only, winning wagers shall be determined using
the following precedence, based upon the official order of finish for the first
twin trifecta contest:
(a) a
single price pool to those whose combination finished in correct sequence as
the first three betting interests; but if there are no such wagers, then
(b) as
a single price pool to those whose combination included, in correct sequence,
the first two betting interests; but if there are no such wagers, then
(c) as
a single price pool to those whose combination correctly selected the
first-place betting interest only; but if there are no such wagers, then
(d) the
entire twin trifecta pool shall be refunded on twin trifecta wagers for that
contest and the second-half shall be cancelled.
(4) If no first-half twin trifecta ticket
selects the first three finishers of that contest in exact order, winning
ticket holders shall not receive any exchange tickets for the second-half twin
trifecta pool. In such case, the
second-half twin trifecta pool shall be retained and added to any existing twin
trifecta carryover pool.
(5) Winning tickets from the first half
of the twin trifecta shall be exchanged for tickets selecting the first three
finishers of the second half of the twin trifecta. The second-half twin trifecta pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish for the second twin trifecta contest:
(a) as a single price pool, including any
existing carryover monies, to those whose combination finished in correct
sequence as the first three betting interests; but if there are no such
tickets, then
(b) The entire second-half twin trifecta
pool for that contest shall be added to any existing carryover monies and
retained for the corresponding second-half twin trifecta pool of the next
consecutive performance.
(6) If a winning first-half twin trifecta
ticket is not presented for cashing and exchange prior to the second-half twin
trifecta contest, the ticket holder may still collect the monetary value
associated with the first-half twin trifecta pool but forfeits all rights to
any distribution of the second-half twin trifecta pool.
(7) Should a betting interest in the
first half of the twin trifecta be scratched, those twin trifecta wagers
including the scratched betting interest shall be refunded.
(8) Should a betting interest in the
second half of the twin trifecta be scratched, an announcement concerning the
scratch shall be made and a reasonable amount of time shall be provided for
exchange tickets that include the scratched betting interest. If tickets have not been exchanged prior to
the close of betting for the second twin trifecta contest, the ticket holder
forfeits all rights to the second-half twin trifecta pool.
(9) If, due to a late scratch, the number
of betting interests in the second-half of the twin trifecta is reduced to
fewer than the minimum, all exchange tickets and outstanding first-half winning
tickets shall be entitled to the second-half twin trifecta pool for that
contest as a single price pool, but not the twin trifecta carryover.
(10) If there is a dead heat or multiple
dead heats in either the first or second-half of the twin trifecta, all twin
trifecta wagers selecting the correct order of finish, counting a betting
interest involved in a dead heat as finishing in any dead-heated position,
shall be a winner. In the case of a dead
heat occurring in:
(a) the first half of the twin trifecta,
the payout shall be calculated as a profit split;
(b) the second half of the twin trifecta,
the payout shall be calculated as a single price pool.
(11) If either of the twin trifecta contests
are cancelled prior to the first twin trifecta contest, or the first twin
trifecta contest is declared "no contest", the entire twin trifecta
pool shall be refunded on twin trifecta wagers for that contest and the
second-half shall be cancelled.
(12) If the second-half twin trifecta
contest is cancelled or declared "no contest", all exchange tickets
and outstanding first-half winning twin trifecta tickets shall be entitled to
the net twin trifecta pool for that contest as a single price pool, but not
twin trifecta carryover. If there are no
such tickets, the net twin trifecta pool shall be distributed as described in
Paragraph (3) of Subsection N of 15.2.7 NMAC.
(13) The twin trifecta carryover may be
capped at a designated level approved by the commission so that if, at the
close of any performance, the amount in the twin trifecta carryover equals or
exceeds the designated cap, the twin trifecta carryover will be frozen until it
is won or distributed under other provisions of this rule. After the twin trifecta carryover is frozen,
100 percent of the net twin trifecta pool for each individual contest shall be
distributed to winners of the first half of the twin trifecta pool.
(14) A written request for permission to
distribute the twin trifecta carryover on a specific performance may be
submitted to the commission. 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.
(15) Should
the twin trifecta carryover be designated for distribution on a specified date
and performance, the following precedence will be followed in determining
winning tickets for the second-half of the twin trifecta after completion of
the first half of the twin trifecta:
(a) as
a single price pool to those whose combination finished in correct sequence as
the first three betting interests; but if there are no such wagers, then
(b) as
a single price pool to those whose combination included, in correct sequence,
the first two betting interests; but if there are no such wagers, then
(c) as
a single price pool to those whose combination correctly selected the
first-place betting interest only; but if there are no such wagers, then
(d) as a single price pool to holders of valid exchange tickets.
(e) as
a single price pool to holders of outstanding first-half winning tickets.
(16) Contrary to Paragraph (4) of Subsection
N of 15.2.7 NMAC, during a performance designated to distribute the twin
trifecta carryover, exchange tickets will be issued for those combinations
selecting the greatest number of betting interests in their correct order of
finish for the first-half of the twin trifecta.
If there are no wagers correctly selecting the first, second, and
third-place finishers, in their exact order, then exchange tickets shall be
issued for combinations correctly selecting the first and second-place betting
interests. If there are no wagers
correctly selecting the first and second-place finishers, in their exact order,
then exchange tickets shall be issued for combinations correctly selecting the
first-place betting interest only. If there
are no wagers selecting the first-place betting interest only in the first-half
of the twin trifecta, all first-half tickets will become winners and will
receive 100 percent of that day's net twin trifecta pool and any existing twin
trifecta carryover as a single price pool.
(17) The twin trifecta carryover shall be
designated for distribution on a specified date and performance only under the
following circumstances:
(a) upon written approval from the
commission as provided in Paragraph (15) of Subsection N of 15.2.7 NMAC;
(b) upon written approval from the
commission when there is a change in the carryover cap or when the twin
trifecta is discontinued;
(c) on the closing performance of the
meet or split meet.
(18) If, for any reason, the twin trifecta
carryover must be held over to the corresponding twin trifecta pool of a
subsequent meet, the carryover shall be deposited in an interest-bearing
account approved by the commission. The
twin trifecta carryover plus accrued interest shall then be added to the
second-half twin trifecta pool of the following meet on a date and performance
so designated by the commission.
(19) Providing information to any person
regarding covered combinations or amount wagered on specific combinations is
prohibited. This shall not prohibit
necessary communication between totalisator and
pari-mutuel department employees for processing of pool data.
(20) The association must obtain written
approval from the commission concerning the scheduling of twin trifecta
contests, the percentages of the net pool added to the first-half pool and
second-half pool, and the amount of any cap to be set on the carryover. Any changes to the approved twin trifecta
format require prior approval from the commission.
S. Tri-Superfecta
Pools:
(1) The tri-superfecta requires selection
of the first three finishers, in their exact order, in the first of two
designated contests and the first four finishers, in exact order, in the second
of the two designated contests. Each
winning ticket for the first tri-superfecta contest must be cashed for an
exchange ticket on the second tri-superfecta contest in order to remain
eligible for the second-half tri-superfecta pool. The number of exchanges to be determined by
the association with written approval of the commission. Such tickets may be exchanged only at
attended ticket windows prior to the second tri-superfecta contest. Winning first-half tri-superfecta tickets
will receive both an exchange and a monetary payout. Both of the designated tri-superfecta
contests shall be included in only one tri-superfecta pool.
(2) After wagering closes for the first
half of the tri-superfecta and commissions have been deducted from the pool,
the net pool shall then be divided into two separate pools; the first-half
tri-superfecta pool and the second-half tri-superfecta pool.
(3) In the first tri-superfecta contest
only, winning tickets shall be determined using the following precedence, based
upon the official order of finish for the first tri-superfecta contest:
(a) as a single price pool to those whose
combination finished in correct sequence as the first three betting interests;
but if there are no such wagers, then
(b) as
a single price pool to those whose combinations included, in correct sequence,
the first two betting interest; but if there are no such wagers, then
(c) as
a single price pool to those whose combinations correctly selected the
first-place betting interest only; but if there are no such wagers, then
(d) the
entire pool shall be refunded.
(4) If no first-half tri-superfecta
ticket selects the first three finishers of that contest in exact order,
winning ticket holders shall not receive any exchange tickets for the
second-half tri-superfecta pool. In such
case, the second-half tri-superfecta pool shall be retained and added to any
existing tri-superfecta carryover pool.
(5) Winning tickets from the first half
of the tri-superfecta shall be exchanged for tickets selecting the first four
finishers of the second half of the tri-superfecta. The second-half tri-superfecta pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish for the second tri-superfecta contest:
(a) as a single price pool, including any
existing carryover monies, to those whose combination finished in correct
sequence as the first four betting interests; but if there are no such tickets,
then
(b) the entire second-half tri-superfecta
pool for that contest shall be added to any existing carryover monies and
retained for the corresponding second-half tri-superfecta pool of the next
performance.
(6) If a winning first-half
tri-superfecta ticket is not presented for cashing and exchange prior to the
second-half tri-superfecta contest, the ticket holder may still collect the
monetary value associated with the first-half tri-superfecta pool but forfeits
all rights to any distribution of the second-half tri-superfecta pool.
(7) Coupled entries and mutuel fields may
be permitted in tri-superfecta contests with the prior written approval of the
commission.
(8) Should a betting interest in the
first half of the tri-superfecta be scratched, those tri-superfecta tickets
including the scratched betting interest shall be refunded.
(9) Should a betting interest in the
second half of the tri-superfecta be scratched, an announcement concerning the
scratch shall be made and a reasonable amount of time shall be provided for
exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to
the close of betting for the second tri-superfecta contest, the ticket holder
forfeits all rights to the second-half tri-superfecta pool.
(10) If, due to a late scratch, the number
of betting interests in the second-half of the tri-superfecta is reduced to
fewer than the minimum, all exchange tickets and outstanding first-half winning
tickets shall be entitled to the second-half tri-superfecta pool for that
contest as a single price pool, but not the tri-superfecta carryover.
(11) If there is a dead heat or multiple
dead heats in either the first or second-half of the tri-superfecta, all
tri-superfecta tickets selecting the correct order of finish, counting a
betting interest involved in a dead heat as finishing in any dead-heated
position, shall be a winner. In the case
of a dead heat occurring in:
(a) the first half of the tri-superfecta,
the payout shall be calculated as a profit split;
(b) the second half of the
tri-superfecta, the payout shall be calculated as a single price pool.
(12) If either of the tri-superfecta
contests are cancelled prior to the first tri-superfecta contest, or the first
tri-superfecta contest is declared "no contest", the entire
tri-superfecta pool shall be refunded on tri-superfecta wagers for that contest
and the second-half shall be cancelled.
(13) If the second-half tri-superfecta
contest is cancelled or declared "no contest", all exchange tickets
and outstanding first-half winning tri-superfecta tickets shall be entitled to
the net tri-superfecta pool for that contest as a single price pool, but not
the tri-superfecta carryover. If there
are no such tickets, the net tri-superfecta pool shall be distributed as
described in Paragraph (3) of Subsection O of 15.2.7 NMAC.
(14) The tri-superfecta carryover may be
capped at a designated level approved by the commission so that if, at the
close of any performance, the amount in the tri-superfecta carryover equals or
exceeds the designated cap, the tri-superfecta carryover will be frozen until
it is won or distributed under other provisions of this rule. After the second-half tri-superfecta
carryover is frozen, 100 percent of the net tri-superfecta pool for each
individual contest shall be distributed to winners of the first half of the
tri-superfecta pool.
(15) A written request for permission to
distribute the tri-superfecta carryover on a specific performance may be
submitted to the commission. 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.
(16) Should the tri-superfecta carryover be
designated for distribution on a specified date and performance, the following
precedence will be followed in determining winning tickets for the second half
of the tri-superfecta after completion of the first half of the tri-superfecta:
(a) as a single price pool to those whose
combination finished in correct sequence as the first four betting interests;
but if there are no such wagers, then
(b) as a single price pool to those whose
combination included, in correct sequence, the first three betting interests;
but if there are no such wagers, then
(c) as a single price pool to those whose
combination included, in correct sequence, the first two betting interests; but
if there are no such wagers, then
(d) as a single price pool to those whose
combination included, in correct sequence, the first-place betting interest
only; but if there are no such wagers, then
(e) as a single price pool to holders of
valid exchange tickets.
(f) as a single price pool to holders of
outstanding first half-winning tickets.
(17) Contrary to Paragraph (4) of Subsection
O of 15.2.7 NMAC, during a performance designated to distribute the
tri-superfecta carryover, exchange tickets will be issued for those
combinations selecting the greatest number of betting interests in their correct
order of finish for the first-half of the tri-superfecta. If there are no wagers correctly selecting
the first, second, and third-place finishers, in their exact order, then
exchange tickets shall be issued for combinations correctly selecting the first
and second-place betting interests. If
there are no wagers correctly selecting the first and second-place finishers,
in their exact order, then exchange tickets shall be issued for combinations
correctly selecting the first-place betting interest only. If there are no wagers selecting the
first-place betting interest only in the first half of the tri-superfecta, all
first-half tickets will become winners and will receive 100 percent of that
day's net tri-superfecta pool and any existing tri-superfecta carryover as a
single price pool.
(18) The tri-superfecta carryover shall be
designated for distribution on a specified date and performance only under the
following circumstances:
(a) upon written approval from the
commission as provided in Subsection O Paragraph (15) of 15.2.7 NMAC;
(b) upon written approval from the commission
when there is a change in the carryover cap or when the tri-superfecta is
discontinued;
(c) on the closing performance of the
meet or split meet.
(19) If, for any reason, the tri-superfecta
carryover must be held over to the corresponding tri-superfecta pool of a
subsequent meet, the carryover shall be deposited in an interest-bearing
account approved by the commission. The
tri-superfecta carryover plus accrued interest shall then be added to the
second-half tri-superfecta pool of the following meet on a date and performance
so designated by the commission.
(20) Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of valid exchange tickets is prohibited. This shall not prohibit necessary
communication between totalisator and pari-mutuel
department employees for processing of pool data.
(21) The association must obtain written
approval from the commission concerning the scheduling of tri-superfecta
contests, the percentages of the net pool added to the first-half pool and
second-half pool, and the amount of any cap to be set on the carryover. Any changes to the approved tri-superfecta
format require prior approval from the commission.
T. Twin
Superfecta Pools:
(1) The twin superfecta requires
selection of the first four finishers, in their exact order, in each of two
designated contests. Each winning ticket
for the first twin superfecta contest must be exchanged for a free ticket on
the second twin superfecta contest in order to remain eligible for the
second-half twin superfecta pool. Such
tickets may be exchanged only at attended ticket windows prior to the second
twin superfecta contest. Winning
first-half twin superfecta tickets will receive both an exchange and a monetary
payout. Both of the designated twin
superfecta contests shall be included in only one twin superfecta pool.
(2) After wagering closes for the first
half of the twin superfecta and commissions have been deducted from the pool,
the net pool shall then be divided into two separate pools; the first-half twin
superfecta pool and the second-half twin superfecta pool.
(3) In the first twin superfecta contest
only, winning wagers shall be determined using the following precedence, based
upon the official order of finish for the first twin superfecta contest:
(a) as a single price pool to those whose
combination finished in correct sequence as the first four betting interests;
but if there are no such wagers, then
(b) as a single price pool to those whose
combination included, in correct sequence, the first three betting interests;
but if there are no such wagers, then
(c) as a single price pool to those whose
combination included, in correct sequence, the first two betting interests; but
if there are no such wagers, then
(d) as
a single price pool to those whose combination correctly selected the
first-place betting interest only; but if there are no such wagers, then
(e) the entire twin superfecta pool shall
be refunded on twin superfecta wagers for that contest and the second half
shall be cancelled.
(4) If no first-half twin superfecta
ticket selects the first four finishers of that contest in exact order, winning
ticket holders shall no receive any exchange tickets
for the second-half twin superfecta pool.
In such case, the second-half twin superfecta pool shall be retained and
added to any existing twin superfecta carryover pool.
(5) Winning tickets from the first half
of the twin superfecta shall be exchanged for tickets selecting the first four
finishers of the second half of the twin superfecta. The second-half twin superfecta pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish for the second twin superfecta contest:
(a) as a single price pool, including any
existing carryover monies, to those whose combination finished in correct
sequence as the first four betting interests; but if there are no such tickets,
then
(b) the entire second-half twin trifecta
pool for that contest shall be added to any existing carryover monies and
retained for the corresponding second-half twin superfecta pool of the next
performance.
(6) If a winning first-half twin
superfecta ticket is not presented for cashing and exchange prior to the
second-half twin superfecta contest, the ticket holder may still collect the
monetary value associated with the first-half twin superfecta pool but forfeits
all rights to any distribution of the second-half twin trifecta pool.
(7) Coupled entries and mutuel fields may
be permitted in twin superfecta contests with the prior written approval of the
commission.
(8) Should a betting interest in the
first half of the twin superfecta be scratched, those twin superfecta tickets
including the scratched betting interest shall be refunded.
(9) Should a betting interest in the
second half of the twin superfecta be scratched, an announcement concerning the
scratch shall be made and a reasonable amount of time shall be provided for
exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to
the close of betting for the second twin superfecta contest, the tickets holder
forfeits all rights to the second-half twin superfecta pool.
(10) If, due to a late scratch, the number
of betting interests in the second-half of the twin superfecta is reduced to
fewer than the minimum, all exchange tickets and outstanding first-half winning
tickets shall be entitled to the second-half twin superfecta pool for that
contest as a single price pool, but not the twin superfecta carryover.
(11) If there is a dead heat or multiple
dead heats in either the first or second-half of the twin superfecta, all twin
superfecta tickets selecting the correct order of finish, counting a betting
interest involved in a dead heat as finishing in any dead-heated position,
shall be a winner. In the case of a dead
heat occurring in:
(a) the first half of the twin
superfecta, the payoff shall be calculated as a profit split;
(b) the second half of the twin
superfecta, the payoff shall be calculated as a single price pool.
(12) If either of the twin superfecta
contests are cancelled prior to the first twin superfecta contest, or the first
twin superfecta contest is declared "no contest", the entire twin
superfecta pool shall be refunded on twin superfecta wagers for that contest
and the second-half shall be cancelled.
(13) If the second-half twin superfecta
contest is cancelled or declared "no contest", all exchange tickets
and outstanding first-half winning twin superfecta tickets shall be entitled to
the net twin superfecta pool for that contest as a single price pool, but not
the twin superfecta carryover. If there
are no such tickets, the net twin superfecta pool shall be distributed as
described in Paragraph (3) of Subsection P of 15.2.7 NMAC.
(14) The twin superfecta carryover may be capped
at a designated level approved by the commission so that if, at the close of
any performance, the amount in the twin superfecta carryover equals or exceeds
the designated cap, the twin superfecta carryover will be frozen until it is
won or distributed under other provisions of this rule. After the second-half twin superfecta
carryover is frozen, 100 percent of the net twin superfecta pool for each
individual contest shall be distributed to winners of the first half of the
twin superfecta pool.
(15) A written request for permission to
distribute the twin superfecta carryover on a specific performance may be
submitted to the commission. 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.
(16) Should the twin superfecta carryover be
designated for distribution on a specified date and superfecta pool of a
subsequent meet, the carryover shall be deposited in an interest-bearing
account approved by the commission. The
twin superfecta carryover plus accrued interest shall then be added to the
second-half performance, the following precedence will be followed in
determining winning tickets for the second half of the twin superfecta after
completion of the first half of the twin superfecta:
(a) as a single price pool to those whose
combination finished in correct sequence as the first four betting interests;
but if there are no such wagers, then
(b) as a single price pool to those whose
combination included, in correct sequence, the first three betting interests;
but if there are no such wagers, then
(c) as a single price pool to those whose
combination included, in correct sequence, the first two betting interests; but
if there are no such wagers, then
(d) as a single price pool to those whose
combination correctly selected the first-place betting interest only; but if
there are no such wagers, then
(e) as a single price pool to holders of
valid exchange tickets;
(f) as a single price pool to holders of
outstanding first half winning tickets.
(17) Contrary to Paragraph (4) of Subsection
P of 15.2.7 NMAC, during a performance designated to distribute the twin
superfecta carryover, exchange tickets will be issued for those combinations
selecting the greatest number of betting interests in their correct order of
finish for the first-half of the twin superfecta. If there are no wagers correctly selecting
the first, second, third, and fourth-place finishers, in their exact order,
then exchange tickets shall be issued for combinations correctly selecting the
first, second, and third-place betting interests. If there are no wagers correctly selecting
the first, second, and third-place finishers, in their exact order, then
exchange tickets shall be issued for combinations correctly selecting the first
and second-place betting interests. If
there are no wagers correctly selecting the first and second-place finishers,
in their exact order, then exchange tickets shall be issued for combinations
correctly selecting the first-place betting interest only. If there are no wagers selecting the
first-place betting interest only in the first-half of the twin superfecta, all
first-half tickets will become winners and will receive 100 percent of that
day's net twin superfecta pool and any existing twin superfecta carryover as a
single price pool.
(18) The twin superfecta carryover shall be
designated for distribution on a specified date and performance only under the
following circumstances:
(a) upon written approval from the
commission as provided in Subsection P Paragraph (15) of 15.2.7 NMAC of the
twin superfecta rules;
(b) upon written approval from the
commission when there is a change in the carryover cap or when the twin
superfecta is discontinued;
(c) on the closing performance of the
meet or split meet.
(19) If, for any reason, the twin superfecta
carryover must be held over to the corresponding twin twin
superfecta pool of the following meet on a date and performance so designated
by the commission.
(20) Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of valid exchange tickets is prohibited. This shall not prohibit necessary
communication between totalisator and pari-mutuel
department employees for processing of pool data.
(21) The association must obtain written
approval from the commission concerning the scheduling of twin superfecta
contests, the percentages of the net pool added to the first-half pool and
second-half pool, and the amount of any cap to be set on the carryover. Any subsequent changes to the approved twin
superfecta format require prior approval from the commission.
U. Exacta
(n) Pools:
(1) The exacta (n) requires selection of
the first two finishers, in their exact order, in each of a designated number
of contests. The association must obtain
written approval from the commission concerning the scheduling of exacta (n)
contests, the designation of one of the methods prescribed in Paragraph (2) of
Subsection Q 15.2.7 NMAC; and the amount of any cap to be set on the
carryover. Any changes to the approved
exacta (n) format require prior approval from the commission.
(2) The exacta (n) pool shall be
apportioned under one of the following methods:
(a) Method 1, exacta (n) with no minor
pool and no carryover. The net exacta
(n) pool shall be distributed as a single price pool to those who selected the
first and second place finishers, in exact order, in each of the exacta (n)
contests, based upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in each of the exacta (n) contests,
the net exacta (n) pool shall be distributed as a single price pool to those
who selected the first and second place finishers, in exact order, in the
greatest number of exacta (n) contests.
If there are no winning wagers, the entire pool shall be refunded on
exacta (n) wagers for those contests.
(b) Method 2, exacta (n) with no minor
pool and carryover instead of a refund.
The net exacta (n) pool and the carryover, if any, shall be distributed
as a single price pool to those who selected the first and second place
finishers, in exact order, in each of the exacta (n) contests, based upon the
official order of finish. If there are
no wagers selecting the first and second place finishers, in exact order, in
each of the exacta (n) contests, the net exacta (n) pool and the carryover
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in the greatest number of exacta (n)
contests. If there are no winning
wagers, the net exacta (n) pool shall be added to the carryover.
(c) Method 3, exacta (n) with no minor
pool and carryover. The net exacta (n)
pool and the carryover, if any, shall be distributed as a single price pool to
those who selected the first and second place finishers, in exact order, in
each of the exacta (n) contests, based upon the official order of finish. If there are no winning wagers, the net
exacta (n) pool shall be added to the carryover.
(d) Method 4, exacta (n) with minor pool
and no carryover. The major share of the
net exacta (n) pool shall be distributed as a single price pool to those who
selected the first and second place finishers, in exact order, in each of the
exacta (n) contests, based upon the official order of finish. The minor share of the net exacta (n) pool
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in the second greatest number of exacta
(n) contests, based upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in each of the exacta (n) contests,
the major share of the net exacta (n) pool shall be combined with the minor
share for distribution as a single price pool to those who selected the first
and second place finishers, in exact order, in the greatest number of exacta
(n) contests. If there are no wagers
selecting the first and second place finishers, in exact order, in a second
greatest number of exacta (n) contests, the minor share of the net exacta (n)
pool shall be combined with the major share for distribution as a single price
pool to those who selected the first and second place finishers, in exact
order, in each of the Exacta (n) contests.
If there are no winning wagers, the pool shall be refunded on exacta (n)
wagers for those contests.
(e) Method 5, exacta (n) with minor pool
and carryover. The major share of the
net exacta (n) pool and the carryover, if any, shall be distributed as a single
price pool to those who selected the first and second place finishers, in exact
order, in each of the exacta (n) contests, based upon the official order of
finish. The minor share of the net
exacta (n) pool shall be distributed as a single price pool to those who
selected the first and second place finishers, in exact order, in the second
greatest number of exacta (n) contests, based upon the official order of
finish. If there are no wagers selecting
the first and second place finishers, in exact order, in each of the exacta (n)
contests, the minor share of the net exacta (n) pool shall be distributed as a
single price pool to those who selected the first and second place finishers,
in exact order, in the greatest number of exacta (n) contests, and the major
share shall be added to the carryover.
If there are no wagers selecting the first and second place finishers,
in exact order, in a second greatest number of exacta (n) contests, the minor
share of the net exacta (n) pool shall be combined with the major share for
distribution as a single price pool to those who selected the first and second
place finishers, in exact order, in each of the exacta (n) contests, or if
there are no such winning wagers, added to the carryover.
(f) Method 6, exacta (n) with minor pool
based upon any one exacta and no carryover.
The major share of the net exacta (n) pool shall be distributed as a
single price pool to those who selected the first and second place finishers,
in exact order, in each of the exacta (n) contests, based upon the official
order of finish. The minor share of the
net exacta (n) pool shall be distributed as a single price pool to those
(including recipients of the major share of the net exacta (n) pool) who
selected the first and second place finishers, in exact order, in at least one
of the exacta (n) contests, based upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in each of the exacta (n) contests,
the major share of the net exacta (n) pool shall be combined with the minor
share for distribution as a single price pool to those who selected the first
and second place finishers, in exact order, in at least one of the exacta (n)
contests. If there are no winning
wagers, the pool is refunded.
(g) Method 7, exacta (n) with minor pool
based upon any one exacta, and carryover.
The major share of the net exacta (n) pool and the carryover, if any,
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in each of the exacta (n) contests,
based upon the official order of finish.
The minor share of the net exacta (n) pool shall be distributed as a
single price pool to those (including recipients of the major share of the net
exacta (n) pool) who selected the first and second place finishers, in exact
order, in at least one of the exacta (n)
contests, based upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in each of the exacta (n) contests,
the major share shall be added to the carryover. If there are no wagers selecting the first
and second place finishers, in exact order, in any of the exacta (n) contests,
the minor share of the net exacta (n) pool shall also be added to the
carryover.
(h) Method 8, exacta (n) with minor pool
based upon individual exactas, and no carryover. The major share of the net exacta (n) pool
shall be distributed as a single price pool to those who selected the first and
second place finishers, in exact order, in each of the exacta (n) contests,
based upon the official order of finish.
The minor share of the net exacta (n) pool shall be distributed as a
single price pool based upon the sum of the dollar value of wagers for each of
the exacta (n) contests considered separately, in which the first and second
place finishers, in exact order, were correctly selected, based on the official
order of finish. The minor share of the
net exacta (n) pool shall be distributed as a single price pool to those
(including recipients of the major share of the net exacta (n) pool) who
selected the first and second place finishers, in exact order, in one or more
of the exacta (n) contests. Each
recipient of a minor share shall receive an amount equal to the single price
times the number of exacta (n) contests in which the recipient correctly
selected the winning combination. If there are no wagers selecting the first
and second place finishers, in exact order, in all exacta (n) contests, the
major share shall be combined with the minor share and the entire net exacta
(n) pool shall be distributed in accordance with the rules in the preceding
paragraph for distributing the minor share of the net exacta (n) pool. If there are no winning wagers, the pool
shall be refunded.
(i) Method
9, exacta (n) with minor pool based upon individual exactas, and
carryover. The major share of the net
exacta (n) pool and the carryover, if any, shall be distributed as a single
price pool to those who selected the first and second place finishers, in exact
order, in each of the exacta (n) contests, based upon the official order of
finish. The minor share of the net
exacta (n) pool shall be distributed as a single price pool based upon the sum
of the dollar value of wagers, for each of the exacta (n) contests considered
separately, in which the first and second place finishers, in exact order, were
correctly selected, based on the official order of finish. The minor share of the net exacta (n) pool
shall be distributed as a single price pool to those (including recipients of
the major share of the net exacta (n) pool) who selected the first and second
place finishers, in exact order, in one or more of the exacta (n) contests. Each recipient of a minor share shall receive
an amount equal to the single price times the number of exacta (n) contests in
which the recipient correctly selected the winning combination. If there are no
wagers selecting the first and second place finishers, in exact order, in all
exacta (n) contests, the minor share shall be distributed in accordance with
the rules in the preceding paragraph for distributing the minor share of the
net exacta (n) pool, and the major share shall be added to the carryover;
except that if there are no winning wagers in either the major or the minor
pool, today's pool shall be refunded and the carryover shall be carried over.
(j) Method 10, exacta (n) with minor
pool based upon individual exactas and carryover; 100% carryover if no winning
wagers. The major share of the net exacta
(n) pool and the carryover, if any, shall be distributed as a single price pool
to those who selected the first and second place finishers, in exact order, in
each of the exacta (n) contests, based upon the official order of finish. The minor share of the net exacta (n) pool
shall be distributed as a single price pool based upon the sum of the dollar
value of wagers, for each of the exacta (n) contests considered separately, in
which the first and second place finishers, in exact order, were correctly
selected, based upon the official order of finish. The minor share of the net exacta (n) pool
shall be distributed as a single price pool to those (including recipients of
the major share of the net exacta (n) pool) who selected the first and second
place finishers, in exact order, in one or more of the exacta (n)
contests. Each recipient of a minor
share shall receive an amount equal to the single price times the number of
exacta (n) contests in which the recipient correctly selected the winning combination.
If there are no wagers selecting the first and second place finishers, in exact
order, in all exacta (n) contests, the minor share shall be distributed in
accordance with the rules in the preceding paragraph for distributing the minor
share of the net exacta (n) pool, and the major share shall be added to the
carryover. If there are no winning
wagers, the minor share shall also be added to the carryover.
(3) Dead Heats: In the event of a dead heat in any of the
exacta (n) contests, the net exacta (n) shall be distributed to winning wagers
in the following precedence, based upon the official order of finish, for each
exacta contest within the exacta (n) wager:
(a) If there is a dead heat for first in
any of the exacta (n) contests involving contestants representing the same
betting interest, the exacta (n) pool shall be distributed as a single price
pool to those selecting the coupled entry or mutuel field combined with the
next separate betting interest in the official order of finish for that
contest.
(b) If there is a dead heat for first in
any of the exacta (n) contests involving contestants representing two or more
betting interests, the exacta (n) pool shall be distributed as a single price
pool with a winning wager including each betting interest involved in the dead
heat.
(c) If there is a dead heat for second in
any of the exacta (n) contests involving contestants representing the same
betting interest, the exacta (n) pool shall be distributed as if no dead heat
occurred.
(d) If there is a dead heat for second in
any of the exacta (n) contests involving contestants representing two or more
betting interests, the exacta (n) pool shall be distributed as a single price
pool with a winning wager including the betting interest which finished first
together with any betting interest involved in the dead heat for second.
(4) Scratches: Should a betting interest in any contest of
the exacta (n) be scratched or excused from the contest prior to the first
exacta (n) contest being declared official, all money wagered on combinations
including the scratched betting interest shall be deducted from the exacta (n)
pool and refunded.
(a) Should a betting interest in any
contest of the exacta (n) be scratched or excused from the contest after the
first exacta (n) contest has been declared official, all money wagered on
combinations including this betting interest shall remain in the exacta (n)
pool and the ticket holder may still collect the monetary value of any
distribution evidenced by the ticket containing the scratched betting interest.
(b) If, due to a late scratch, the number
of betting interests in a contest of the exacta (n) is reduced to fewer than
two, for purposes of the exacta (n) such contests shall be declared "no
contest" and the exacta (n) pool shall be subject to the rules set forth
in Paragraph (5) of Subsection Q of 15.2.7 NMAC of these rules.
(5) Cancelled Contests: If any of the
exacta (n) contests are cancelled or declared "no contest" prior to
the first exacta (n) contest being declared official, the entire exacta (n)
pool shall be refunded on exacta (n) wagers for those contests.
(a) If all remaining exacta (n) contests
are cancelled or declared "no contest" after the first exacta (n)
contest is declared official, the net exacta (n) pool shall be distributed as a
single price pool to wagers selecting the winning combination in the first
exacta (n) contest, but not the exacta (n) carryover. However, if there are no wagers selecting the
winning combination in the first exacta (n) contest, the entire exacta (n) pool
shall be refunded on exacta (n) wagers for those contests.
(b) If any of the remaining exacta (n)
contests are cancelled or declared "no contest" after the first
exacta (n) is declared official, the net exacta (n) pool shall be distributed
in accordance with rules governing distribution of the minor share where there
is no winner of the major share.
(6) Mandatory Distribution: A written request for permission to
distribute the exacta (n) carryover on a specific performance may be submitted
to the commission. The request shall contain
justification for the mandatory distribution, an explanation of the benefit to
be derived, and the intended date and performance for the distribution. The association must notify the commission at
least 10 days prior to implementation.
If the exacta (n) pool cannot be distributed during a designated
performance, the mandatory distribution shall resume on the next scheduled
mandatory distribution performance.
(a) If the exacta (n) carryover is
designated for distribution on a specified date and performance, the following
precedence shall be followed in determining winning tickets for the net exacta
(n) pool and the carryover pool;
(b) As a single price pool to those who
selected the first and second place finishers, in exact order, in each of the
exacta (n) contests, based upon the official order of finish. If there are no wagers selecting the first
and second place finishers, in exact order, in all exacta
(n) contests, then
(c) As a single price pool to those who
selected the first and second place finishers, in exact order, in at least one
of the exacta (n) contests based upon the official order of finish.
(d) If there are no wagers which
correctly selected the first and second place finishers, in exact order, in at
least one of the exacta (n) contests, based upon the official order of finish,
then all exacta (n) tickets shall become winners and receive 100 percent of
that day's net exacta (n) pool and the exacta (n) carryover pool as single
price pool.
(e) Subsequent meet, the carryover shall
be deposited in an interest-bearing account approved by the commission. The exacta (n) carryover plus accrued
interest shall then be added to the net exacta (n) pool of the following meet
on a date and performance so designated by the commission.
V. Team Wager Pool:
(1) The
team wager pool requires selection of a designated “team” in each of a
designated number of contests. Winning
bets shall be determined based upon the official order of finish in each
contest and the standing of each team with respect to the official order of
finish. For purposes of the team wager,
finishers from the same team shall be bracketed together to determine a single
betting interest, as set forth in Paragraph (4).
(2) Prior
to the start of the contests that comprise the team wager, all participants in
each of the contests shall be divided by the association between or among each
of the team wager teams, and the roster of each team made public, as well as
the number of points to be awarded to the team whose member is the first
finisher in a designated contest, the second finisher, and so forth until no
more points are awarded in that contest.
(3) At
the conclusion of all contests that comprise the team wager, the number of
points for each team shall be compiled, and the team with the most points shall
be declared the “winning team”.
(4) The
team wager pool shall be apportioned under either of the following methods:
(a) Winning
Margins Team Wager:
(i) In the “winning margins team wager”,
the total number of points awarded in the team wager shall be divided by the
association into a series of brackets comprised of a series of point ranges
(“winning margin”) by which one team (team A) might defeat the other team (team
B); a series of point ranges by which team B might defeat team A; and a tie
between the teams. Each bracket shall
constitute a separate betting interest in the winning margins team wager.
(ii) The
net winning margins team wager pool shall be distributed as a single price pool
to those who selected the correct bracket.
If there are no wagers selecting the correct bracket, the entire pool
shall be refunded.
(iii) Example: Points are assigned to each of the first four
finishers in each contest (four points for the first finisher down to one point
for the fourth finisher, for a total of 10 points awarded in each contest),
based upon the official order of finish, with a total of six contests in the
team wager, resulting in a total of 60 points in all. The brackets could be designated as:
|
Team A’s winning
margin is |
1-10 points |
|
|
11-20 points |
|
|
21-30 points |
|
|
31-40 points |
|
|
41-50 points |
|
|
51-60 points |
|
Team B’s winning
margin is |
1-10 points |
|
|
11-20 points |
|
|
21-30 points |
|
|
31-40 points |
|
|
41-50 points |
|
|
51-60 points |
|
The two teams tie,
and the margin is 0 points |
|
|
In this example,
there are 13 separate betting interests |
|
|
If, in this example,
finishers representing team A come in 1st and 3rd in one contest, and
finishers representing team B come in 2nd and 4th in that contest, team A
would have 4+2=6 points and team B would have 3+1=4 points. The current winning margin (after the first
contest) would be team A by 2 points |
|
(b) Team
Double Wager
(i) In the “team double wager”, the
commission shall approve two different methods of determining the winning
tickets qualifying for a share of the net pool.
(ii) The
commission shall also approve the manner of apportioning the net team double
wager pool, and the conditions under which the pool shall be refunded or
otherwise apportioned if there are no winning wagers.
(iii) Example: A “daily-double”-style pool consisting of
having to correctly select the bracket of the winning margin, as above, as well
as a bracket based upon and including the total points achieved by the winning
team.
(5) Brackets
(a) The
brackets may be comprised of the margins by which the winning team defeats the
team that finishes second; the total number of points achieved by the winning
team; or other method of determining the brackets, as approved by the
commission.
(b) Such
factors as the number of teams in the team wager; the method by which teams are
designated; the number of points to be awarded in each contest, the number of
contests comprising the team wager; and the method by which the “brackets”
constituting each betting interest in the team wager are designated, shall all
be subject to approval of the commission.
(6) Coupled
Entries or Fields: With approval of the
commission, coupled entries may be permitted in contests comprising the team
wager, but may only participate as part of the same team. With approval of the commission, fields may
be permitted in contests comprising the team wager, but may only participate as
part of the same team.
(7) Dead
Heat: If there is a dead heat including
any finisher(s) for which points are awarded in the team wager, the total
amount of points in the dead heat positions shall be combined and divided
equally amongst the betting interests that have finished in the dead heat.
(8) Scratches
(a) Should
an entry in any contest of the team wager be scratched or excused from the
contest, all money wagered on combinations including this entry shall remain in
the team wager pool and the ticket holder may still collect the monetary value
of any distribution evidenced by the ticket containing the scratched betting
interest.
(b) If,
due to a scratched or excused entry, the number of entries assigned to a team
in a contest of the team wager is reduced to fewer than the number of positions
in the final order of finish for which the team is eligible to receive points,
for purposes of the team wager pool such contest shall be declared “no contest”
and wagers involving any betting interests that are no longer capable of being
achieved shall be refunded.
W. Match Rival Pools:
(1) The match rival requires the
selection of the winning contestant in a designated contest or series of
contests, in a competition between two or more equally matched betting
interests, or based on the sportsmanship or skill of the jockeys or trainers,
regardless of the official placing of the other betting interests in that
contest or series of contests.
(2) The choice of which contestants from
a contest shall participate in the match rival shall be made as follows:
(a) the association must obtain written
approval from the commission concerning who shall determine the contestants for
each match rival contest;
(b) the matching of contestants for
the match rival shall be limited to contestant versus contestant, jockey versus
jockey or trainer versus trainer;
(c) the contestants chosen for the match
rival wager shall be conspicuously identified in the official program;
(3) The net match rival pool shall be
distributed to winning wagers in the following precedence, based on the
official order of finish:
(a) as a single price pool to those whose
selection finished first in a single match rival contest, or first in the
greatest number of a series of match rival contests; but if there are no such
wagers, then;
(b) the match rival pool shall be
refunded;
(4) If there is a dead heat in a
contest involving two or more of the contestants in:
(a) a single-contest match rival pool,
then the entire pool shall be refunded; or
(b) one or more contests of a series,
then all contestants involved in the dead heat shall be considered winners and
the net pool shall be distributed as a single price pool, provided that:
(c) in a series of contests, if there is
a dead heat in half or more of the contests then the match rival pool for those
contests shall be refunded.
(5) If any match rival contest is
cancelled or declared no contest;
(a) in a single-contest match rival pool,
the pools shall be refunded;
(b) in a series of contests, if half or
more of the contests are cancelled or declared no contest, then the match rival
pool for those contests shall be refunded.
(6) If any contestant is scratched or
declared a non-starter in any match rival contest, then that contest shall be
cancelled.
(7) If all contestants fail to finish in
a match rival contest, then that contest shall be cancelled.
X. 123Racing Pick (N) Wager Pool:
(1) The 123Racing pick-n
is a pari-mutuel wager that requires the selection of one runner from each
contest in a series of specific contests comprising the 123Racing pick-n pool
("123Racing
pool"). "N" denotes the
number of designated contests in that pool.
(2) Four
is the minimum number of contests required to offer a 123Racing pick-n pool.
(3) If
a 123Racing pick-n pool is reduced to fewer than four completed contests, the
123Racing pick-n pool will be cancelled and all wagers will be refunded.
(4) Each
wager is automatically assigned to a unique wager identification by the host
totalizator platform, and is allocated "points" in each contest.
(5) Points
are allocated for winning selections of contestants that finish in the first,
second or third position in the official results for each contest and have a
pari-mutuel payout associated with its finish.
Points scored will be equivalent to adding the pari-mutuel pool host
payouts for its finish. Points scored
will be equivalent to adding the pari-mutuel pool host payouts for the win,
place and show wager on that selection (i.e. $2 win, $2 place and $2 show
wagers).
(6) Points
are accumulated after each contest in the 123Racing pick-n pool and displayed
on a leaderboard shown at betting venues and online.
(7) Each
123Racing pick-n wager is assigned a unique identifier or nickname associated
with the serial number of the ticket or account wager record. This unique identifier or nickname is used to
identify the wagers' progress on the leaderboard display.
(8) The
unique 123Racing pick-n wagers with the highest points scores after the last
designated contest, share in the payouts of the net pool according to paragraph
(14) of this subsection.
(9) After
each leg of the contests comprising the 123Racing pick-n wager, the leaderboard
displays the points accumulated from that leg and the cumulative points of each
player and their ranking in the 123Racing pick-n pool. After the final contest comprising the
123Racing pick-n, the leaderboard displays the final results and payouts for
the 123Racing pick-n pool.
(10) Where
a selection in a 123Racing pick-n wager does not finish in first, second or
third in the official results, or the selection was a non-wagering interest, no
points are scored.
(11) The
123Racing pick-n wager is not eliminated if a selection does not score points.
(12) Wagering
on the 123Racing pick-n pool shall close at the start of the first designated
contest in the 123Racing pick-n pool.
Participants are not permitted to cancel a 123Racing pick-n wager after
the 123Racing pick-n pool has closed.
(13) One
hundred percent of the net 123Racing pick-n pool is paid out upon completion of
all designated contests in the 123Racing pick-n pool.
(14) The
distribution of the 123Racing pick-n pool is based on the winning wager(s) in
the following order of precedence:
(a) Single
winners of the 123Racing pick-n pool
(i) The highest scoring single wager
in the 123Racing pick-n pool receives sixty percent of the net pool.
(ii) The
second highest scoring single wager receives thirty percent of the net pool.
(iii) The
third highest scoring single wager receives ten percent of the net pool.
(b) If
there are two 123Racing pick-n wagers that score the highest points then those two winning wagers share ninety percent (sixty
percent plus thirty percent) of the net pool equally divided between the two
winning wagers and the second highest scoring single wager receive ten percent
of the net pool.
(c) If
there are three or more winning wagers scoring the same highest points, one
hundred percent of the net pool is equally divided amongst each winning
wager. This shall be done consistent
with the minimum pari-mutuel payouts of the jurisdiction in which the wager was
hosted.
(d) If
there is a single wager with the highest points total, and two or more wagers
with the second highest points total, the highest scoring wager will receive
sixty percent of the net pool, and the second highest points wagers share forty
percent of the net pool equally divided by the two or more wagers, as the case
may be, that scored the second highest points total.
(e) If
there is a single wager with the highest points total, and a single wager with
the second highest points total, and two or more wagers with the third highest
points total, the highest scoring wager will receive sixty percent of the net
pool, the second highest point wager will receive thirty percent of the net
pool, and the third highest point wagers will share ten percent of the net pool
equally divided by the two or more wagers, as the case may be, that scored the
third highest point total.
(15) Subject
to paragraph (3) of this subsection, if a single contest included as part of a
123Racing pick-n pool is cancelled or declared a "no contest", the
net pool shall be distributed based on the results of the other designated
contests included in the pool.
(16) Coupled
entries or mutuel fields, as defined within the rules and regulations of the
commission, shall race in any 123Racing pick-n contest as a single betting
interest for purposes of the 123Racing pick-n pool calculations.
(17) A
scratch after wagering on the 123Racing pick-n has begun of any betting
interest of a coupled entry or mutuel field selection in said 123Racing pick-n
contest shall be of no effect with respect to the status of such remaining
entry either or both field as a viable wagering interests, unless in conflict
with the wagering rules in the host track jurisdiction.
(18) Should
a betting interest in any of the 123Racing pick-n contests be scratched, the
post time favorite, as evidenced by total amounts wagered in the win pool at
the host association for the contest 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
interest which became winners as result of the substitution in addition to the
normal winning combination.
(19) The
takeout and the pool distribution for a 123Racing pick-n pool shall be set by
the host association and approved by the host regulatory commission.
(20) With
written approval of the commission, the pool host may contribute to the net
amount of the 123Racing pick-n pool.
(21) 123Racing
pick-n scoring example: Picks that
finish first, second, or third in each contest score points allocated by
summing the pari-mutuel payouts equivalent to a $2 win, place and show wager,
i.e. by summing the official win, place and show pari-mutuel payouts for the
contest, as in the following examples:
|
Horse A -
First Place Win: $6.00
Place: $5.60 Show:$2.20 Total Score
Equals: Win + Place + Show =13.80 points |
Horse B -
Second Place Place: $15.60
Show: $4.80 Total Score
Equals: Place + Show = 20.40 points |
Horse C -
Third Place Show: $2.10 Total Score
Equals: Place = 2.10 points |
[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]
History of 15.2.7
NMAC:
Pre NMAC
History: Material in this part was derived from that
previously filed with the commission of public records - state records center
and archives as:
NMSRC 67-1,
Amendment No. 1, Rule Revisions Adopted by the New Mexico State Racing
Commission April 21, 1967 Rules 352 & 380, filed 4/26/1967;
NMSRC 69-1, New
Mexico Laws and Rules and Regulations Governing Horse Racing, filed 6/9/1969;
NMSRC 81-1, Rules
Governing Horse Racing in New Mexico, filed 12/4/1981;
History of
Repealed Material: 15 NMAC 2.7, Horse Racing - Pari Mutuel
Wagering, filed 9/15/1995 repealed in its entirety; renumbered, reformatted and
replaced by 15.2.7 NMAC, Horse Racing - Pari Mutuel Wagering, to conform to the
new NMAC requirements effective 3/15/2001.
Other History: NMSRC
81-1, Rules Governing Horse Racing in new Mexico, filed 12/4/1981 - that
applicable portion renumbered, reformatted and amended to 15 NMAC 2.7, Horse
Racing - Pari Mutuel Wagering, filed 9/15/1995.