Ill. Admin. Code tit. 11, § 320.20 - Pool Distribution
The organization licensee may choose to distribute pools in accordance with either subsection (a) or (b). The organization licensee must notify the Board, 30 days prior to the beginning of its race meet, of which method it will use to distribute pools under this Section.
a) The net exacta double pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish.
1) As a single price
pool to those who selected, in exact order, the first two finishers in each of
the two exacta double contests; but, if there are no such wagers,
then
2) As a profit split pool to
those who selected, in exact order, the first two finishers in either of the
two exacta double contests; but, if there are no such wagers on one of those
contests, then
3) As a single price
pool to those who selected, in exact order, the first two finishers in the one
covered exacta double contest; but, if there are no such wagers, then
4) The entire pool shall be refunded on
exacta double wagers for those contests.
b) The net exacta double pool shall be
distributed to winning wagers in the following precedence, based upon the
official order of finish:
1) As a single price
pool to those who selected, in exact order, the first two finishers in each of
the two exacta double contests; but, if there are no such wagers,
then
2) The entire net pool shall
be paid as a carryover pool into the next regularly scheduled exacta double
race.
Notes
Amended at 32 Ill. Reg. 13530, effective August 1, 2008
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.