Florida Administrative Code › 75 - FLORIDA GAMING CONTROL COMMISSION › 75 - Departmental › Chapter 75-7 - AUDITING › Section 75-7.014 - Pick (N) Pools

Current through Reg. 50, No. 138; July 16, 2024
(1) The Pick (N) requires the selection of
				the first place finisher in each of a designated number of contests. A Pick (N)
				pool shall consist of four to fifteen contests. More than one Pick (N) pool may
				be offered in a single performance provided there are no overlapping Pick (N)
				contests which offer the same (N) number of contests. There shall be only one
				jackpot for Pick (N) pools offered during a performance which are comprised of
				the same number of contests.
(2)
				The Pick (N) pool shall be apportioned under one of the following methods:
(a) Pick (N) with Jackpot Carryover and no
				Minor Pool. One hundred percent of the net Pick (N) pool and the jackpot
				carryover 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, 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 jackpot. If there are no wagers selecting at
				least one of the first place finishers, the entire Pick (N) pool for that
				performance shall be refunded.
(b)
				Pick (N) with Jackpot Carryover and Minor Pool. The major share of the net Pick
				(N) pool and the jackpot 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. If there are no wagers selecting the
				first place finisher in 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 jackpot. If there are no wagers selecting at least
				one of the first place finishers, the entire Pick (N) pool shall be refunded
				for that performance. At the option of the permitholder, and with prior
				notification given to the division, the jackpot may be distributed in the same
				percentages as the major and minor share designations provided that there is at
				least one wager selecting the first place finisher in all of the contests.
				Otherwise, the jackpot shall be carried over and only the minor share of the
				net Pick (N) pool for that performance shall be distributed.
(c) Pick (N) with Minor Pool and no Jackpot
				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 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. If there are no
				wagers selecting at least one of the first place finishers, the entire Pick (N)
				pool shall be refunded.