Kan. Admin. Regs. § 112-9-13a - Place pools
(a) The amounts
wagered to place on the first two betting interests to finish shall be deducted
from the net pool. The balance remaining shall be the profit. The profit shall
be divided into two equal portions, one being assigned to each winning betting
interest and divided by the amount wagered to place on that betting interest,
the quotient being the profit per dollar wagered to place on that betting
interest.
(b) The net place pool
shall be distributed to winning wagers in the following precedence, based upon
the official order of finish:
(1) if
contestants of a coupled entry or mutuel field finish in the first two places,
as a single price pool to those who selected the coupled entry or mutuel field;
otherwise
(2) as a profit split to
those whose selection is included within the first two finishers; but if there
are no such wagers on one of those two finishers, then
(3) as a single price pool to those who
selected the one covered betting interest included within the first two
finishers; but if there are no such wagers, then
(4) as a single price pool to those who
selected the third-place finisher; but if there are no such wagers, then
(5) the entire pool shall be
refunded on place wagers for that contest.
(c) If there is a dead heat for first
involving contestants representing the same betting interest, the place pool
shall be distributed as a single price pool.
(d) If there is a dead heat for first
involving contestants representing two or more betting interests, the place
pool shall be distributed as a profit split.
(e) If there is a dead heat for second
involving contestants representing the same betting interest, the place pool
shall be distributed as if no dead heat occurred.
(f) If there is a dead heat for second
involving contestants representing two or more betting interests, the place
pool shall be divided, with onehalf of the profit distributed to place wagers
on the betting interest finishing first and the remainder distributed equally
among place wagers on those betting interests involved in the dead heat for
second.
Notes
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