205 CMR 6.31 - Place Pools
(1) The amounts
wagered to Place on the first two betting interests to finish are deducted from
the net pool, the balance remaining being the profit; the profit is 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
resulting quotient is the profit per dollar wagered to Place on that betting
interest. (ARCI c. 9 cal. § C(1))
(2) The net Place pool shall be distributed
to winning wagers in the following precedence, based upon the official order of
finish:
(a) if contestants of a coupled entry
or mutuel field finished in the first two places, as a single price pool to
those who selected the coupled entry or mutuel field; otherwise
(b) 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
(c) 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
(d) as a single price pool to those who
selected the third-place finisher, but if there are no such wagers;
then
(e) the entire pool shall be
refunded on Place wagers for that contest. (ARCI c. 9 cal. §
C(2))
(3) If there is a
dead heat for first involving:
(a)
contestants representing the same betting interest, the Place pool shall be
distributed as a single price pool;
(b) contestants representing two or more
betting interests, the Place pool shall be distributed as a profit split. (ARCI
c. 9 cal. § C(3))
(4) If there is a dead heat for second
involving:
(a) contestants representing the
same betting interest, the Place pool shall be distributed as if no dead heat
occurred;
(b) contestants
representing two or more betting interests, the Place pool is divided with V of
the profit distributed to Place wagers on the betting interest finishing first
and the remainder is distributed equally amongst Place wagers on those betting
interests involved in the dead heat for second. (ARCI c. 9 cal. §
C(4))
Notes
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