Ill. Admin. Code tit. 11 § 311.20

Current through Register Vol. 48, No. 49, December 6, 2024

Section 311.20 - Pool Distribution

The organization licensee may choose to distribute pools in accordance with subsection (a), (b) or (c). The organization licensee must give the Board 30 days notice if it chooses to distribute pools under subsection (b) or subsection (c), including the exact percentages it will use to determine minor and major pools. The racing program shall indicate when the method described in subsection (b) or subsection (c) is being used for a meet.

a) The net Superfecta pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:

1) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but, if there are no such wagers, then

2) 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

3) 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

4) 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

5) The entire pool shall be refunded on Superfecta wagers for that contest.

b) Distribution of Winnings

1) The net Superfecta 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 combination finished in correct sequence as the first four betting interests; but, if there are no such wagers, then

B) The net pool will be divided into two separate pools. The major pool of the net pool shall be paid as a carryover pool into the next regularly scheduled Superfecta race. The remaining minor pool shall be paid as a Superfecta consolation pool, which will be equally divided among those ticket holders who correctly select the first three betting interests; but, if there are no such wagers, then

C) The Superfecta consolation pool will be divided among those ticket holders who correctly select the first two interests; but, if there are no such wagers, then

D) The Superfecta consolation pool will be divided among those ticket holders who correctly select the first betting interest; but, if there are no such wagers, then

E) The entire net pool shall become a carryover pool into the next regularly scheduled Superfecta race.

2) On the last Superfecta race on the final day of the meeting, the net pool shall be redistributed using the method described in subsection (a).

c) Distribution of Winnings

1) The net superfecta 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 combination finished in correct sequence as the first four betting interests; but, if there are no such wagers, then

B) The entire pool shall be paid as a carryover pool into the next regularly scheduled superfecta race.

2) On the last superfecta race on the final day of the meeting, the net pool shall be redistributed using the method described in subsection (a).

d) If fewer than four betting interests finish and the contest is declared official, payoffs 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.

Ill. Admin. Code tit. 11, § 311.20

Amended at 32 Ill. Reg. 13525, effective August 1, 2008