Md. Code Regs. 09.10.02.62

Current through Register Vol. 51, No. 22, November 1, 2024

Section 09.10.02.62 - Jackpot Super High Five

A. The Jackpot Super High Five is a contract by the purchaser of a ticket combining five horses to finish first, second, third, fourth, and fifth, in that specific order, in a race on which Jackpot Super High Five wagering is offered, where, unless otherwise provided, only one, unique pari-mutuel ticket holder designates the official order of finish for the first five horses. Payment of the ticket shall be made only to the purchaser of the single, unique pari-mutuel ticket who has selected the same order of finish as officially posted.

B. The Jackpot Super High Five is not a parlay and has no connection with, or relation to, any other wagering pool. The Jackpot Super High Five shall be calculated as an entirely separate pool.

C. Subject to Commission approval, the racing association shall establish the minimum amount for a bet on the Jackpot Super High Five tickets.

D. Jackpot Super High Five wagering may be conducted on a race that has at least seven separate wagering interests.

E. Except as provided in §H of this regulation, the net pari-mutuel pool for the Jackpot Super High Five bet on a qualifying race that day, together with any carryover from previous pools of the same type of bet, shall be distributed to the holder of the single, unique pari-mutuel ticket which correctly designates the official order of finish for the first five horses in the Jackpot Super High Five wager for that race on that day.

F. In the event there is more than one pari-mutuel ticket which correctly designates the official order of finish for the first five horses in the Jackpot Super High Five bet for that race on that day, the net pari-mutuel pool for the Jackpot Super High Five bets that day shall be distributed:

(1) 50 percent, equally, to the holders of pari-mutuel tickets which correctly designate the official order of finish for the first five horses in the Jackpot Super High Five bet for that race on that day; and

(2) 50 percent to the Jackpot Super High Five carryover pool.

G. If there is no pari-mutuel ticket issued that selects the first five finishers in exact order, then the entire net pool shall be:

(1) Carried over to the next qualifying race offering Jackpot Super High Five wagering; and

(2) Combined with the Jackpot Super High Five net pool for that race to determine the applicable payout.

H. Mandatory Distribution.

(1) The entire Jackpot Super High Five net pool plus any carryover shall be distributed on the last day of the race meet by the racing association, which shall hold Jackpot Super High Five wagering on a qualifying race that day.

(2) If a ticket is not sold that correctly selects five horses to finish first, second, third, fourth, and fifth, in that specific order, the entire net pool plus any carryover shall be distributed to the holders of tickets that correctly select four horses to finish first, second, third, and fourth, in that specific order.

(3) If such a ticket is not sold, the entire net pool plus any carryover shall be distributed to the holders of tickets that correctly select three horses to finish first, second, and third, in that specific order.

(4) If such a ticket is not sold, the entire net pool plus any carryover shall be distributed to the holders of tickets that correctly select two horses to finish first and second, in that specific order.

(5) If no such ticket is sold, the entire net pool plus any carryover shall be distributed to the holders of tickets that correctly select the winner of the race.

(6) If no such ticket is sold, the entire net pool plus any carryover shall be evenly distributed to the holders of all tickets.

I. If, for any reason, there is not a mandatory distribution of the Jackpot Super High Five carryover as provided in §H of this regulation, the Jackpot Super High Five carryover shall be:

(1) Placed into an interest bearing account as approved by the Commission; and

(2) With accrued interest, added to the Jackpot Super High Five pool of the next race meet held by a racing association where Jackpot Super High Five wagering is conducted, unless otherwise agreed by that racing association and the racing association where the Jackpot Super High Five pool carryover was generated.

J. If fewer 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. The balance of any selection on any ticket beyond the number of betting interests completing the contest shall be ignored. Any previous Jackpot Super High Five contest's carryover will not be included in the payoff and will be retained for the next contest's carryover.

K. If a dead heat, or heats, occur in a race on which there is Jackpot Super High Five wagering:

(1) A horse in a dead heat shall be considered as finishing in the position for which it dead heated; and

(2) Any selection in a Jackpot Super High Five wager that correctly selects a horse in a dead heat as finishing in the position for which the horse dead heated shall be treated as a correct selection.

L. In the event of a scratch in a Jackpot Super High Five race:

(1) Exchanges may not be made; and

(2) All tickets that include the scratched horse shall be refunded.

M. Coupled entries are permitted, but fields are prohibited in Jackpot Super High Five races.

N. For price calculations only, coupled entries shall be calculated as a single finishing horse, using the finishing position of the leading horse in the coupled entry to determine the order of placing. Example: If the actual order of finish in a race is 1 / 2 / 1A / 3 / 4, 5, then the finishers used for that race in the Super High Five would be 1 / 2 / 3 / 4 / 5.

O. Sale.

(1) Jackpot Super High Five tickets shall be sold only by the licensee through pari-mutuel machines programmed to print all selections on one ticket.

(2) Resale of tickets from one individual to another is prohibited and is grounds for ejection.

P. This regulation shall be printed in heavy type in a conspicuous place in the program or prominently posted near the betting windows of any association conducting this type of wager.

Md. Code Regs. 09.10.02.62

Regulation .62 adopted 48:8 Md. R. 308, eff. 4/19/2021; amended effective 49:9 Md. R.531, eff. 5/2/2022