Illinois Administrative Code › Title 11 - ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING › Part 308 - PICK (N) POOLS › Section 308.20 - 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 Pick (n) pool. As used in this Part, "Major pool" is
				defined as 75% of the daily net pool, and "Minor pool" is defined as 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, Pick (n) with Carryover: The net
			 Pick (n) pool and carryover, if any, shall be distributed as a single price
			 pool to those who selected the first-place finisher in each of the 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-place finisher in the greatest
			 number of Pick (n) contests, and the remainder shall be added to the
			 carryover.
b) Method 2, Pick (n)
			 with Minor Pool and Carryover: The major share of the net Pick (n) pool and the
			 carryover, if any, shall be distributed to those who selected the first-place
			 finisher in each of the Pick (n) contests, based upon the official order of
			 finish. The minor share of the net Pick (n) pool shall be distributed to those
			 who selected the first-place finisher in the second greatest number of Pick (n)
			 contests, based upon the official order of finish. If there are no wagers
			 selecting the first-place finisher of all Pick (n) contests, the minor share of
			 the net Pick (n) pool shall be distributed as a single price pool to those who
			 selected the first-place finisher in the greatest number of Pick (n) contests,
			 and the major share shall be added to the carryover.
c) Method 3, Pick (n) with No Minor Pool and
			 No Carryover: The net Pick (n) pool shall be distributed as a single price pool
			 to those who selected the first-place finisher in the greatest number of Pick
			 (n) contests, based upon the official order of finish. If there are no winning
			 wagers, the pool is refunded.
d)
			 Method 4, Pick (n) with Minor Pool and No Carryover: The major share of the net
			 Pick (n) pool shall be distributed to those who selected the first place
			 finisher in the greatest number of Pick (n) contests, based upon the official
			 order of finish. The minor share of the net Pick (n) pool shall be distributed
			 to those who selected the first-place finisher in the second greatest number of
			 Pick (n) contests, based upon the official order of finish. If there are no
			 wagers selecting the first-place finisher in a second greatest number of Pick
			 (n) contests, the minor share of the net Pick (n) pool shall be combined with
			 the major share for distribution as a single price pool to those who selected
			 the first-place finisher in the greatest number of Pick (n) contests. If the
			 greatest number of first-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, Pick (n) with Minor Pool and No
			 Carryover: The major share of the net Pick (n) pool shall be distributed to
			 those who selected the first-place finisher in each of the Pick (n) contests,
			 based upon the official order of finish. The minor share of the net Pick (n)
			 pool shall be distributed to those who selected the first-place finisher in the
			 second greatest number of Pick (n) contests, based upon the official order of
			 finish. If there are no wagers selecting the first-place finisher in all Pick
			 (n) contests, the entire net Pick (n) pool shall be distributed as a single
			 price pool to those who selected the first-place finisher in the greatest
			 number of Pick (n) contests. If there are no wagers selecting the first-place
			 finisher in a second greatest number of Pick (n) contests, the minor share of
			 the net Pick (n) pool shall be combined with the major share for distribution
			 as a single price pool to those who selected the first-place finisher in each
			 of the Pick (n) contests. If there are no winning wagers, the pool is
			 refunded.
f) Method 6, Pick (n)
			 with Minor Pool and Carryover: The net Pick (n) pool and carryover, if any,
			 shall be distributed to those who selected the first-place finisher in each of
			 the Pick (n) contests, based upon the official order of finish. If there are no
			 wagers selecting the first-place finisher in all 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 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.
g) Method 7, Pick (n)
			 with "Unique Winning Ticket" Provision: The net Pick (n) pool and carryover, if
			 any, shall be distributed to the holder of a unique winning ticket that
			 selected the first-place finisher in each of the Pick (n) contests, based upon
			 the official order of finish. The minor share of the net Pick (n) pool shall be
			 distributed to those who selected the first-place finisher in the second
			 greatest number of Pick (n) contests, based upon the official order of finish.
			 If there is no unique winning ticket selecting the first-place finisher in each
			 of the Pick (n) contests, or if there are no wagers selecting the first-place
			 finisher of all Pick (n) contests, the minor share of the net Pick (n) pool
			 shall be distributed as a single price pool to those who selected the
			 first-place finisher in the greatest number of Pick (n) contests, and the major
			 share shall be added to the carryover. Unique winning ticket, as used in this
			 subsection, shall be defined as having occurred when there is one and only one
			 winning ticket that correctly selected the first-place finisher in each of the
			 Pick (n) contests, based upon the official order of finish, to be verified by
			 the unique serial number assigned by the tote company that issued the winning
			 ticket. In the event that there is more than one winning ticket that correctly
			 selected the first-place finisher in each of the Pick (n) contests, based upon
			 the official order of finish, the unique winning ticket shall be deemed to not
			 have occurred.