Kansas Administrative Regulations › Agency 112 - KANSAS RACING AND GAMING COMMISSION › Article 9 - PARIMUTUEL WAGERING › Section 112-9-22a - Pick (N) pools

Current through Register Vol. 43, No. 28, July 11, 2024
(a) The pick (N)
			 requires selection of the first-place finisher in each of a designated number
			 of contests. The number of contests so designated shall be more than three. The
			 organization licensee shall obtain written approval from the commission for the
			 schedule of pick (N) contests, the designation of one of the methods prescribed
			 in subparagraph (b) of this regulation and the amount of any cap to be set on
			 the carryover. The organization licensee shall not modify these pick (N)
			 conditions without prior written approval from the commis-sion.
(b) The pick (N) pool shall be apportioned
			 under one of the following methods:
(1) The
			 net pick (N) pool and carryover, if any, shall be distributed as a single price
			 pool to those who select 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 select the first-place finisher in the greatest number
			 of pick (N) contests, and the remainder shall be added to the carryover.
(2) The major share of the net
			 pick (N) pool and the carryover, if any, shall be distributed to those who
			 select 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 select 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 select the first-place finisher in the greatest number of
			 pick (N) contests, and the major share shall be added to the carryover.
(3) The net pick (N) pool shall be
			 distributed as a single price pool to those who select 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 shall be refunded.
(4) The major share of the net pick (N) pool
			 shall be distributed to those who select 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
			 select 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 select the
			 first-place finisher in the greatest number of pick (N) contests. If the
			 greatest number of first-place finishers selected is one, the major and minor
			 shares shall be combined for distribution as a single price pool. If there are
			 no winning wagers, the pool shall be refunded.
(5) The major share of the net pick (N) pool
			 shall be distributed to those who select 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 select 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 select 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 select the
			 first-place finisher in each of the pick (N) contests. If there are no winning
			 wagers, the pool shall be refunded.