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7873.0194 HEAD-TO-HEAD WAGER.

Subpart 1.

Scope.

The head-to-head wager requires the selection of the winning contestant in a designated contest, in a competition between two equally matched betting interests regardless of the official placing of the other betting interests in that contest.

Subp. 2.

Ticket is evidence of binding contract.

A head-to-head wager 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 head-to-head wager provisions and rules.

Subp. 3.

Head-to-head wager may be given a distinctive name.

A head-to-head wager may be given a distinctive name to be selected by the association conducting these races, subject to the approval of the commission.

Subp. 4.

Head-to-head wager pool.

The head-to-head wager pari-mutuel pool consists of amounts contributed for a selection finishing ahead of the other designated contestant in a race designated by the association with the approval of the commission. Each person purchasing a head-to-head wager ticket shall designate a horse that officially finishes ahead of the other designated contestant.

Subp. 5.

Selection of head-to-head wager contestants.

The selection of which contestants from a contest shall participate in the head-to-head wager shall be made as provided in this subpart:

A.

the association must submit to the executive director a request stating the association's intentions for determining the contestants for each head-to-head wager contest;

B.

the matching of contestants for the head-to-head wager shall be limited to horse versus horse; and

C.

the contestants chosen for the head-to-head wager shall be conspicuously identified in the official program.

Subp. 6.

Calculation of pool.

The head-to-head wager pari-mutuel pool shall be distributed to winning ticket holders as a single-price pool to those whose selection finished ahead of the other contestant in a single head-to-head wager contest. If there are no such wagers, then the head-to-head wager pool shall be refunded.

Subp. 7.

Dead heats.

In the event of a dead heat between two contestants in a single contest head-to-head wager pool, the entire head-to-head wager pool shall be refunded.

Subp. 8.

Cancellation of races comprising head-to-head wager.

In the event of the cancellation of a race involving head-to-head wagering, the entire pool shall be refunded.

Subp. 9.

Scratched contestant in a head-to-head wager pool.

In the event that a contestant in a head-to-head wager pool is scratched or declared a nonstarter, that contest shall be canceled.

Subp. 10.

Failure of contestant to finish a head-to-head wager race.

In the event that both contestants in a head-to-head wager pool fail to finish in a head-to-head wager contest, that contest shall be canceled.

Statutory Authority:

MS s 240.13; 240.23

History:

28 SR 1482

Published Electronically:

August 1, 2008

Official Publication of the State of Minnesota
Revisor of Statutes