205 CMR 6.43 - Twin Trifecta Pools
(1) The
Twin Trifecta requires selection of the first three finishers, in their exact
order, in each of two designated contests. Each winning ticket for the first
Twin Trifecta contest must be exchanged for a free ticket on the second Twin
Trifecta contest in order to remain eligible for the second-half Twin Trifecta
pool. Such tickets may be exchanged only at attended ticket windows prior to
the second Twin Trifecta contest. Winning first-half Twin Trifecta wagers will
receive both an exchange and a monetary payoff. Both of the designated Twin
Trifecta contests shall be included in only one Twin Trifecta pool. (ARCI c. 9
cal. § O(1))
(2) After
wagering closes for the first-half of the Twin Trifecta and commissions have
been deducted from the pool, the net pool shall then be divided into separate
pools: the first-half Twin Trifecta pool and the second-half Twin Trifecta
pool. (ARCI c. 9 cal. § O(2))
(3) In the first Twin Trifecta contest only,
winning wagers shall be determined using the following precedence, based upon
the official order of finish for the first Twin Trifecta contest:
(a) As a single price pool to those whose
combination finished in correct sequence as the first three betting interests,
but if there are no such wagers; then
(b) As a single price pool to those whose
combination Included, in correct sequence, the first two betting interests, but
if there are no such wagers; then
(c) As a single price pool to those whose
combination correctly selected the first-place betting interest only, but if
there are no such wagers; then
(d)
The entire Twin Trifecta pool shall be refunded on Twin Trifecta wagers for
that contest and the second-half shall be canceled. (ARCI c. 9 cal. §
O(3))
(4) If no
first-half Twin Trifecta ticket selects the first three finishers of that
contest in exact order, winning ticket holders shall not receive any exchange
tickets for the second-half Twin Trifecta pool. In such case, the second-half
Twin Trifecta pool shall be retained and added to any existing Twin Trifecta
carryover pool. (ARCI c. 9 cal. § O(4))
(5) Winning tickets from the first-half of
the Twin Trifecta shall be exchanged for tickets selecting the first three
finishers of the second-half of the Twin Trifecta. The second-half Twin
Trifecta pool shall be distributed to winning wagers in the following
precedence, based upon the official order of finish for the second Twin
Trifecta contest:
(a) as a single price pool,
including any existing carryover monies, to those whose combination finished in
correct sequence as the first three betting interests, but if there are no such
tickets; then
(b) The entire
second-half Twin Trifecta pool for that contest shall be added to any existing
carryover monies and retained for the corresponding second-half Twin Trifecta
pool of the next consecutive performance. (ARCI c. 9 cal. §
O(5))
(6) If a winning
first-half Twin Trifecta ticket is not presented for cashing and exchange prior
to the second-half Twin Trifecta contest, the ticket holder may still collect
the monetary value associated with the first-half Twin Trifecta pool but
forfeits all rights to any distribution of the second-half Twin Trifecta pool.
(ARCI c. 9 cal. § O(6))
(7)
Coupled entries and mutuel fields shall be prohibited in Twin Trifecta
contests. (ARCI c. 9 cal. § O(7))
(8) Should a betting interest in the
first-half of the Twin Trifecta be scratched, those Twin Trifecta wagers
including the scratched betting interest shall be refunded. (ARCI c. 9 cal.
§ O(8))
(9) Should a betting
interest in the second-half of the Twin Trifecta be scratched, an announcement
concerning the scratch shall be made and a reasonable amount of time shall be
provided for exchange of tickets that include the scratched betting interest.
If tickets have not been exchanged prior to the close of betting for the second
Twin Trifecta contest, the ticket holder forfeits all rights to the second-half
Twin Trifecta pool. (ARCI c. 9 cal. § O(9))
(10) If, due to a late scratch, the number of
betting interests in the second-half of the Twin Trifecta is reduced to fewer
than the minimum, all exchange tickets and outstanding first-half winning
tickets shall be entitled to the second-half Twin Trifecta pool for that
contest as a single price pool, but not the Twin Trifecta carryover. (ARCI c. 9
cal. § O(10))
(11) If there is
a dead heat or multiple dead heats in either the first- or second-half of the
Twin Trifecta, all Twin Trifecta wagers selecting the correct order of finish,
counting a betting interest involved in a dead heat as finishing in any
dead-heated position, shall be a winner. In the case of a dead heat occurring
in:
(a) the first-half of the Twin Trifecta,
the payoff shall be calculated as a profit split;
(b) the second-half of the Twin Trifecta, the
payoff shall be calculated as a single price pool. (ARCI c. 9 cal. §
O(11))
(12) If either of
the Twin Trifecta contests are canceled prior to the first Twin Trifecta
contest, or the first Twin Trifecta contest is declared "no contest", the
entire Twin Trifecta pool shall be refunded on Twin Trifecta wagers for that
contest and the second-half shall be canceled. (ARCI c. 9 cal. §
O(12))
(13) If the second-half Twin
Trifecta contest is canceled or declared "no contest", all exchange tickets and
outstanding first-half winning Twin Trifecta tickets shall be entitled to the
net Twin Trifecta pool for that contest as a single price pool, but not Twin
Trifecta carryover. If there are no such tickets, the net Twin Trifecta pool
shall be distributed as described in 205 CMR 6.43(3) of the Twin Trifecta
rules. (ARCI c. 9 cal. § O(13))
(14) The Twin Trifecta carryover may be
capped at a designated level approved by the Commission so that if, at the
close of any performance, the amount in the Twin Trifecta carryover equals or
exceeds the designated cap, the Twin Trifecta carryover will be frozen until it
is won or distributed under other provisions of this rule. After the Twin
Trifecta carryover is frozen, 100% of the net Twin Trifecta pool for each
individual contest shall be distributed to winners of the first-half of the
Twin Trifecta pool.
(When the Twin-Trifecta has been capped, the carryover jackpot will be paid only to ticket holders who correctly selected the Trifecta in the first half of the Twin Trifecta and exchanged their tickets and correctly selected the trifecta in the second half.) (ARCI c. 9 cal. § O(14) amended)
(15) A written
request for permission to distribute the Twin Trifecta carryover on a specific
performance may be submitted to the Commission. The request must contain
justification for the distribution, an explanation of the benefit to be
derived, and the intended date and performance for the distribution.(A written
request for permission to distribute the capped Twin Trifecta pool or an
optional early payout may be submitted to the Commission. The request must
contain justification for the distribution, an explanation of the benefit to be
derived, a specific date and performance or the payout schedule to be
implemented.) (ARCI c. 9 cal. § O(15) amended)
(16) Should the capped Twin Trifecta
carryover or optional early payout be designated for distribution on a specific
date and performance, the following precedence will be followed in determining
winning tickets for the second-half of the Twin Trifecta after completion of
the first-half of the Twin Trifecta:
(a) as a
single price pool to those whose combination finished in correct sequence as
the first three betting interests, but if there are no such wagers;
then
(b) equally to all first half
winners who exchanged their Ticket for the second half of the Twin
Trifecta.
(c) In the event no
person exchanges a ticket a capped or optional early payout jackpot shall be
carried over to the next performance for a forced payout in accordance with 205
CMR 6.43. (ARCI c. 9 cal. § O(16) amended)
(17) Contrary to 205 CMR 6.43(4) of the Twin
Trifecta rules, during a performance designated to distribute the Twin Trifecta
carryover by a forced or optional early payout, where a cap has not been
attained, or is not in effect, exchange tickets will be issued for those
combinations selecting the greatest number of betting interests in their
correct order of finish for the first-half of the Twin Trifecta. If there are
no wagers correctly selecting the first-, second-, and third-place finishers,
in their exact order, then exchange tickets shall be issued for combinations
correctly selecting the first- and second-place betting interests. If there are
no wagers correctly selecting the first- and second-place finishers, in their
exact order, then exchange tickets shall be issued for combinations correctly
selecting the first-place betting interest only. If there are no wagers
selecting the first-place betting interest only in the first-half of the Twin
Trifecta, all first-half tickets will become winners and will receive 100% of
that day-s net Twin Trifecta pool and any existing Twin Trifecta carryover as a
single price pool. (ARCI c. 9 cal. § O(17) as amended)
(18) The Twin Trifecta carryover shall be
designated for distribution on a specified date and performance only under the
following circumstances:
(a) upon written
approval from the Commission as provided in 205 CMR 6.43(15) of the Twin
Trifecta rules;
(b) upon written
approval from the Commission when there is a change in the carryover cap or
when the Twin Trifecta is discontinued. The designated cap and payout schedule
cannot be changed without written authorization from the Commission;
(c) on the closing performance of the meet or
split meet unless the association has been granted on opening date of not more
than five calendar days for the re-opening of a new meet. (ARCI c. 9 cal.
§ O(18) amended)
(19) If for any reason the Twin Trifecta
carryover must be held over to the corresponding Twin Trifecta pool of a
subsequent meet, which exceeds five calendar days the carryover shall be
deposited in an interest bearing account approved by the Commission. The Twin
Trifecta carryover plus accrued interest shall be added to the second half Twin
Trifecta pool of the following meet on a date and performance so designated by
the Commission. (ARCI c. 9 cal. § O(19) amended)
(20) Providing information to any person
regarding covered combinations, amounts wagered on specific combinations,
number of tickets sold, or number of valid exchange tickets is prohibited. This
shall not prohibit necessary communication between totalisator and pari-mutuel
department employees for processing of pool data. (ARCI c. 9 cal. §
O(20))
(21) The association must
obtain written approval from the Commission concerning the scheduling of Twin
Trifecta contests, the percentages of the net pool added to the first-half pool
and second-half pool, and the amount of any cap to be set on the carryover. Any
changes to the approved Twin Trifecta format require prior approval from the
Commission. (ARCI c. 9 cal. § O(21))
(22) Distribution of the jackpot is
prohibited in the event the first or second Twin Trifecta race is canceled, not
declared official, or, if wagering is declared off for any reason. When this
occurs payout of the jackpot shall be postponed to the next
performance.)
Notes
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.