Minnesota Administrative Rules

7873.0193 PLACE PICK ALL.

Subpart 1.

Scope.

The place pick all 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 place pick all 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 place pick all provisions and rules.

Subp. 3.

Place pick all may be given a distinctive name.

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

Subp. 4.

Place pick all pool.

The place pick all pari-mutuel pool consists of amounts contributed for a selection finishing first or second in each of the races designated by the association with the approval of the commission. Each person purchasing a place pick all ticket shall designate a horse that officially finishes first or second in each of the races comprising that day's racing program.

Subp. 5.

Coupled entries and fields.

Horses constituting an entry of coupled horses or horses coupled to constitute the mutuel field in a race comprising the place pick all, shall race as a single wagering interest for the purpose of the place pick all 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 or the field selection shall remain as the designated selection to win in that race for the place pick all calculation, and the selection shall not be deemed a scratch.

Subp. 6.

Calculation of pool.

A.

The place pick all 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.

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 most winning selections officially finishing first or second in each of the races comprising that day's racing program.

C.

(1) 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 a horse that officially finishes first or second in each of the races comprising that day's racing program.

(2)

In the event there is no pari-mutuel ticket properly issued which correctly designates a horse that officially finishes first or second in each of the races comprising that day's racing program, 75 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 place pick all pari-mutuel pool for the next succeeding racing 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 place pick all tickets that correctly designate the most horses officially finishing first or second in each of the races comprising that day's racing program.

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 races comprising the place pick all for that day. If, for any reason, the final day of racing is canceled or the place pick all 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 place pick all 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 place pick all 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 races comprising the place pick all for that day.

H.

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

Subp. 7.

Actual favorite substituted for scratched horse.

In the event a place pick all pari-mutuel ticket designates a selection in any one or more of the races comprising the place pick all 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.

Statutory Authority:

MS s 240.13; 240.23

History:

28 SR 1482

Published Electronically:

August 1, 2008