Illinois Administrative Code › Title 11 - ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING › Part 312 - PLACE PICK N POOLS › Section 312.20 - Pool Calculations

Current through Register Vol. 48, No. 28, July 12, 2024
The organization licensee may select one of the following
				methods for conducting its Place Pick N pool. As used in this Part, "Major
				Pool" is defined as seventy-five percent (75%) of the daily net pool; and
				"Minor Pool" is defined as twenty-five percent (25%) of the daily net pool. Any
				deviation from the Major/Minor pool percentage division must be approved by the
				State Director of Mutuels.
a) Method
			 1, Place Pick N with Carryover: The net Place Pick N pool and carryover, if
			 any, shall be distributed as a single price pool to those who selected the
			 first- or second-place finisher in each of the Place Pick N contests, based
			 upon the official order of finish. If there are no such wagers, then a
			 designated percentage of the net pool shall be distributed as a single price
			 pool to those who selected the first- or second-place finisher in the greatest
			 number of Place Pick N contests; and the remainder shall be added to the
			 carryover.
b) Method 2, Place Pick
			 N with Minor Pool and Carryover: The major share of the net Place Pick N pool
			 and the carryover, if any, shall be distributed to those who selected the
			 first- or second-place finisher in each of the Place Pick N contests, based
			 upon the official order of finish. The minor share of the net Place Pick N pool
			 shall be distributed to those who selected the first- or second-place finisher
			 in the second greatest number of Place Pick N contests, based upon the official
			 order of finish. If there are no wagers selecting the first- or second-place
			 finisher of all Place Pick N contests, the minor share of the net Place Pick N
			 pool shall be distributed as a single price pool to those who selected the
			 first- or second-place finisher in the greatest number of Place Pick N
			 contests; and the major share shall be added to the carryover.
c) Method 3, Place Pick N with No Minor Pool
			 and No Carryover: The net Place Pick N pool shall be distributed as a single
			 price pool to those who selected the first- or second-place finisher in the
			 greatest number of Place Pick N contests, based upon the official order of
			 finish. If there are no winning wagers, the pool is refunded.
d) Method 4, Place Pick N with Minor Pool and
			 No Carryover: The major share of the net Place Pick N pool shall be distributed
			 to those who selected the first- or second-place finisher in the greatest
			 number of Place Pick N contests, based upon the official order of finish. The
			 minor share of the net Place Pick N pool shall be distributed to those who
			 selected the first- or second-place finisher in the second greatest number of
			 Place Pick N contests, based upon the official order of finish. If there are no
			 wagers selecting the first- or second-place finisher in a second greatest
			 number of Place Pick N contests, the minor share of the net Place Pick N pool
			 shall be combined with the major share for distribution as a single price pool
			 to those who selected the first- or second-place finisher in the greatest
			 number of Place Pick N contests. If the greatest number of first- or
			 second-place finishers selected is one (1), the major and minor shares are
			 combined for distribution as a single price pool. If there are no winning
			 wagers, the pool is refunded.
e)
			 Method 5, Place Pick N with Minor Pool and No Carryover: The major share of net
			 Place Pick N pool shall be distributed to those who selected the first- or
			 second-place finisher in each of the Place Pick N contests, based upon the
			 official order of finish. The minor share of the net Place Pick N pool shall be
			 distributed to those who selected the first- or second-place finisher in the
			 second greatest number of Place Pick N contests, based upon the official order
			 of finish. If there are no wagers selecting the first- or second-place finisher
			 in all Place Pick N contests, the entire net Place Pick N pool shall be
			 distributed as a single price pool to those who selected the first- or
			 second-place finisher in the greatest number of Place Pick N contests. If there
			 are no wagers selecting the first- or second-place finisher in a second
			 greatest number of Place Pick N contests, the minor share of the net Place Pick
			 N pool shall be combined with the major share for distribution as a single
			 price pool to those who selected the first- or second-place finisher in each of
			 the Place Pick N contests. If there are no winning wagers, the pool is
			 refunded.
f) Method 6, Place Pick N
			 with Minor Pool and Carryover: The net Place Pick N pool and carryover, if any,
			 shall be distributed to those who selected the first- or second-place finisher
			 in each of the Place Pick N contests, based upon the official order of finish.
			 If there are no wagers selecting the first- or second-place finisher in all
			 Place Pick N contests, two-thirds of the net pool (major pool) or one-half of
			 the total gross pool, whichever is greater, shall be distributed as a single
			 price pool to those who present a valid pari-mutuel wager for that Place Pick N
			 pool and the remaining one-third of the net pool shall be added to the
			 carryover. The minimum pay-off provisions contained in 11 Ill. Adm. Code
			 405.130
			 shall not apply when distributing the major pool in this pool
			 calculation.