Subpart 1.Scope.The pentafecta is a form of pari-mutuel wagering combining five horses in a single race. Each bettor selects horses that will finish in exact order, first, second, third, fourth, and fifth, in a designated pentafecta race. Payment of the ticket must be made only to the purchasers who have selected the exact order of finish as officially posted, except as otherwise noted. All pentafecta wagers are calculated on a separate pentafecta pool, with no relation to any other pool.
Subp. 2.Price of tickets.Pentafecta tickets must be sold singly in not less than ten cent denominations.
Subp. 3.Ticket is evidence of binding contract.A pentafecta ticket shall be evidence of a binding contract between the holder of the ticket and the racing association and the ticket shall constitute an acceptance of the pentafecta wager provisions and rules.
Subp. 4.Scratches.If a horse is scratched or declared a nonstarter, no further pentafecta tickets may be issued designating the horse and all previously issued pentafecta tickets that include the scratched horse must be refunded at any time and the money deducted from the gross pool.
Subp. 5.Pentafecta wager may be given a distinctive name.A pentafecta wager may be given a distinctive name to be selected by the association conducting these races, subject to the approval of the commission.
Subp. 6.Failure to select winning combination.Items A to F govern payoffs in races where the winning combination has not been selected.
A. If no ticket is sold correctly selecting the first five finishers, "X" percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first, second, third, and fourth. The remaining "Y" percent of the net pool shall be carried over to the succeeding pentafecta race.B. If no ticket is sold correctly selecting the first four finishers, "X" percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first, second, and third. The remaining "Y" percent of the net pool shall be carried over to the succeeding pentafecta race.C. If no ticket is sold correctly selecting the first three finishers, "X" percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first and second. The remaining "Y" percent of the net pool shall be carried over to the succeeding pentafecta race.D. If no ticket is sold correctly selecting the first two finishers, "X" percent of the net pool shall be distributed to those pentafecta tickets selecting the horse finishing first. The remaining "Y" percent of the net pool shall be carried over to the succeeding pentafecta race.E. If no ticket is sold that would require distribution of the net pentafecta pool as described in items A to D, 100 percent of the net pool shall be carried over to the succeeding pentafecta race if the association is using a carryover provision. If the association is not using a carryover provision, all pentafecta tickets shall be refunded.F. If less than five horses finish a pentafecta race, payoffs shall be made on tickets selecting the actual finishing horses in order, ignoring the balance of the selection.Subp. 7.Requirement to designate carryover percentages.The association, in its pari-mutuel pools request, shall outline percentages to be used for "X" and "Y" in subpart 6. The association can choose to eliminate the carryover component of this wager by submitting "100 percent" for "X" and "0 percent" for "Y" in its pari-mutuel pools request.
Subp. 8.Mandatory payout.On the final pentafecta wager of the meet, items A to F govern payoffs in races where the winning combination has not been selected.
A. If no ticket is sold correctly selecting the first five finishers, 100 percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first, second, third, and fourth.B. If no ticket is sold correctly selecting the first four finishers, 100 percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first, second, and third.C. If no ticket is sold correctly selecting the first three finishers, 100 percent of the net pool shall be distributed to those pentafecta tickets selecting the horses finishing first and second.D. If no ticket is sold correctly selecting the first two finishers, 100 percent of the net pool shall be distributed to those pentafecta tickets selecting the horse finishing first.E. If no ticket is sold that would require distribution of the net pentafecta pool as described in items A to D, a full refund of all pentafecta tickets must be made.F. If less than five horses finish a pentafecta race, payoff must be made on tickets selecting the actual finishing horses in order, ignoring the balance of the selection.Subp. 9.Cancellation of pentafecta race.If a pentafecta race is canceled, a full refund of all pentafecta tickets must be made.
Subp. 10.Cancellation of the final pentafecta race of a meet.If, for any reason, the day of racing is canceled or the pentafecta pool has not been distributed, the pool shall be escrowed by the association, and the pool, as well as all accrued interest, shall be carried over and included in the pentafecta pool for the next succeeding racing date as an additional net amount to be distributed.
Subp. 11.Dead heats.Items A to G govern payoffs in dead heats.
A. In the even of a dead heat for first, the winning combinations must be the horses finishing in the dead heat for first and the horses finishing third, fourth, and fifth.B. In the event of a dead heat for second, the winning combinations must be the horse finishing first, the horses finishing in the dead heat for second, and the horses finishing fourth and fifth.C. In the event of a dead heat for third, the winning combinations must be the horse finishing first, the horse finishing second, the horses finishing in the dead heat for third, and the horse finishing fifth.D. In the event of a dead heat for fourth, the winning combinations must be the horse finishing first, the horse finishing second, the horse finishing third, and the horses finishing in the dead heat for fourth.E. In the event of a dead heat for fifth, the winning combinations must be the horse finishing first, the horse finishing second, the horse finishing third, the horse finishing fourth, and the horses finishing in the dead heat for fifth.F. In the event of a dead heat for first, second, third, fourth, or fifth where there is no winning ticket on the one dead heat combination, the entire pool must be paid to the other winning combination.G. In all instances of multiple dead heats, the winning combinations must be paid proportionately from the net pentafecta pool.Subp. 12.Restrictions on pentafecta races.In no event shall pentafecta wagering be allowed with fewer than six betting interests. If for any reason pentafecta wagering is canceled, all pentafecta wagers must be refunded.
Subp. 13. [Repealed, 40 SR 29; 42 SR 1258]Minn. R. agency 178, ch. 7873, pt. 7873.0189
40SR29; 40 SR 29; 42 SR 1258