Minnesota Administrative Rules

7873.0199 PICK FOUR.

Subpart 1.

Scope.

The pick four pari-mutuel pool is not a parlay and has no connection with or relation to any other pari-mutuel pool conducted by the association.

Subp. 2.

Ticket is evidence of binding contract.

A pick four 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 pick four provisions and rules.

Subp. 3.

Pick four may be given a distinctive name.

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

Subp. 4.

Pick four pool.

The pick four pari-mutuel pool consists of amounts contributed for a selection for win only in each of four races designated by the association with the approval of the commission. Each person purchasing a pick four ticket shall designate the winning horse in each of the four races comprising the pick four.

Subp. 5.

Coupled entries and fields.

Those horses constituting an entry of coupled horses or those horses coupled to constitute the mutuel field in a race comprising the pick four, shall race as a single wagering interest for the purpose of the pick four pari-mutuel pool calculations and payouts to the public. However, if any part of either an entry or the field racing as a single wagering interest is a starter in a race, the entry of the field selection shall remain as the designated selection to win in that race for the pick four calculation, and the selection shall not be deemed a scratch.

Subp. 6.

Calculation of pool.

The pick four pari-mutuel pool shall be calculated as follows:

A.

One hundred percent of the net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among the holders of pari-mutuel tickets which correctly designate the official winner in each of the four races comprising the pick four.

B.

In the event no pari-mutuel ticket is sold combining the four winners of the pick four, 100 percent of the net amount in the pari-mutuel pool shall be distributed among the holders of pari-mutuel tickets which include the winners of three of the four races comprising the pick four.

C.

In the event no pari-mutuel ticket is sold combining three winners of the pick four, 100 percent of the net amount in the pari-mutuel pool shall be distributed among the holders of pari-mutuel tickets which include the winner of any two races comprising the pick four.

D.

In the event no pari-mutuel ticket is sold combining two winners of the pick four, 100 percent of the net amount in the pari-mutuel pool shall be distributed among holders of pari-mutuel tickets which include the winner of any one race comprising the pick four.

E.

In the event no pari-mutuel ticket is sold that would require distribution of the pick four pool to a winner under this part, 100 percent of the net amount in the pick four pari-mutuel pool shall be carried over and included in the pick four pari-mutuel pool for the next succeeding racing date as an additional net amount to be distributed.

F.

If for any reason the final day of racing is canceled or the pick four 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 pick four pari-mutuel pool for the next succeeding racing date as an additional net amount to be distributed.

Subp. 6a.

Calculation of pool with a pick four pool designated to have a carryover.

A.

The association, with the approval of the commission according to the criteria in part 7873.0195, may add a carryover to the pick four wager. In that case, the pick four pari-mutuel pool must be calculated according to one of the two methods provided in item B or C, as approved by the commission.

B.

(1) Seventy-five percent of the net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among the holders of pari-mutuel tickets which correctly designate the official winner in each of the four races comprising the pick four. Twenty-five percent of the net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among holders of pari-mutuel tickets which correctly designate the second greatest number of official winners of the four races comprising the pick four.

(2)

In the event there is no pari-mutuel ticket properly issued which correctly designates the official winner in each of the four races comprising the pick four, 75 percent of the pari-mutuel pool shall not be distributed but shall be retained by the association as distributable amounts and shall be carried over and included in the pick four pari-mutuel pool for the next succeeding racing pool or the next succeeding race date as an additional net amount to be distributed among the holders of pari-mutuel tickets which correctly designate the official winner in each of the four races comprising the pick four pool that day. The remaining 25 percent shall be distributed among the holders of pick four tickets which correctly designate the most official winners of the four races comprising the pick four.

C.

(1) Seventy-five percent of the net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among the holders of pari-mutuel tickets which correctly designate the official winner in each of the four races comprising the pick four. Twenty-five percent of the net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among holders of pari-mutuel tickets which correctly designate the second greatest number of official winners of the four races comprising the pick four.

(2)

In the event there is no pari-mutuel ticket properly issued which correctly designates the official winner of each of the four races comprising the pick four, 50 percent of the pari-mutuel pool shall not be distributed but shall be retained by the association as a distributable amount and shall be carried over and included in the pick four pari-mutuel pool for the next succeeding racing pool or the next succeeding race date as an additional net amount to be distributed among the holders of pari-mutuel tickets which correctly designate the official winner in each of the four races comprising the pick four pool that day. The remaining 50 percent shall be distributed among the holders of pick four tickets which correctly designate the most official winners of the four races comprising the pick four.

D.

The method of distribution shall be selected by the racing association and implemented after approval by the commission provided that the method of distribution benefits the wagering public and does not adversely affect the integrity of racing.

E.

Should no distribution be made pursuant to item B or C on the last day of the association's meeting, then the entire distributable pool and all money accumulated in the pool shall be distributed to the holders of tickets correctly designating the most winning selections of the four races comprising the pick four for that day. If, for any reason, the final day of racing is canceled or the pick four 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 pick four pari-mutuel pool for the next succeeding racing date as an additional net amount to be distributed.

F.

With the permission of the director, a licensee may declare a mandatory payout:

(1)

on the next consecutive race day after the pick four carryover pool has reached a previously approved amount; or

(2)

on a day during which a special event has been scheduled.

G.

Should no distribution be made pursuant to item B or C, then the entire distributable pool and all money accumulated in the pool must be distributed to the holders of the tickets correctly designating the most winning selections of the four races comprising the pick four for that day.

H.

If, for any reason, the day of racing is canceled or the pick four pool has not been distributed, the pool must be carried over and included in the pick four pari-mutuel pool for the next succeeding racing day as an additional net amount to be distributed.

Subp. 7.

Cancellation of races comprising pick four.

If for any reason one, two, or three of the races comprising the pick four is canceled, the net amount of the pari-mutuel pool shall be distributed as provided in subpart 6, items B, C, D, and E. If for any reason all of the races comprising the pick four are canceled, a full and complete refund must be made of the pari-mutuel tickets sold on the pick four on that day. One hundred percent of the remaining amount in the pick four pari-mutuel pool shall be carried over and included in the pick four pari-mutuel pool for the next succeeding racing date as an additional net amount to be distributed.

Subp. 8.

Actual favorite substituted for scratched horse.

In the event a pick four ticket designates a selection in any one or more of the races comprising the pick four and that selection is scratched, excused, or determined by the stewards to be a nonstarter in the race, the actual favorite, as evidenced by the amounts wagered in the win pool at the time of the start of the race, will be substituted for the nonstarting selection for all purposes, including pool calculations and payoffs.

The association may refund pick four tickets that include the scratched selection prior to the beginning of wagering for the first race comprising the pick four races.

Subp. 9.

Dead heats.

In the event of a dead heat for win between two or more horses in any pick four race, all the horses in the dead heat for win shall be considered as winning horses in the race for the purpose of calculating the pool.

Subp. 10.

No pick four ticket to be exchanged or canceled.

No pari-mutuel ticket for the pick four pool shall be sold, exchanged, or canceled after the time of the closing of wagering in the first of the four races comprising the pick four, except for refunds on pick four tickets as required by subpart 7, and no person shall disclose the number of tickets sold in the pick four pool or the number or amount of tickets selecting winners of pick four races until the stewards have determined the last race comprising the pick four to be official.

Subp. 11.

Announcement of payoff prices.

After the third of the four races comprising the pick four has been declared official, an association may, with the approval of the commission, post possible payoff prices to the public before the start of the fourth race of the pick four.

Subp. 12.

Cancellation of pick four carryover.

The association may request at any time to discontinue the pick four carryover. The association must make this request in writing to the executive director stating the reasons for the discontinuation of the carryover. If the request is granted, the carryover will be discontinued and subpart 6 will take precedence.

Subp. 13.

No pick four ticket to be exchanged or canceled when conducted with a carryover.

No pari-mutuel ticket for the pick four pool shall be sold, exchanged, or canceled after the time of the closing of wagering in the first of the four races comprising the pick four, except for the refunds on pick four tickets as required by this part. If the pick four is being conducted with a carryover, no person shall disclose the number of tickets sold in the pick four pool or the number or amount of tickets selecting winners of pick four races until such time as the stewards have declared "official" the last race comprising the pick four.

Statutory Authority:

MS s 240.13; 240.23

History:

26 SR 1438; 28 SR 1482; 36 SR 10

Published Electronically:

August 9, 2011