Or. Admin. Code § 462-200-0510

Current through Register Vol. 63, No. 11, November 1, 2024

Section 462-200-0510 - Pick Three Pools

(1) The Pick Three requires selection 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 contests; 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 three Pick Three contests 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 totalizator 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.

(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 subsection 2 of this rule.

Or. Admin. Code § 462-200-0510

RC 3-2000, f. 3-27-00, cert. ef. 5-1-00

Stat. Auth.: ORS 462.270(3)

Stats. Implemented: ORS 462.270(3)