Kansas Administrative Regulations › Agency 112 - KANSAS RACING AND GAMING COMMISSION › Article 9 - PARIMUTUEL WAGERING › Section 112-9-44 - Place pick (N) pools

Current through Register Vol. 43, No. 28, July 11, 2024
(a) The place pick
			 (N) shall require selection of the first-place or second-place finisher in each
			 of a designated number of contests. Each licensee shall secure written approval
			 from the commission concerning the scheduling of place pick (N) contests, the
			 designation of one of the methods stated in subsection (b) of this regulation,
			 the distinctive name identifying the pool, and the amount of any cap to be set
			 on the carryover pool. Each change to the approved place pick (N) format shall
			 be approved by the commission before that change is implemented.
(b) Each place pick (N) pool shall be
			 apportioned using one of the following methods:
(1) For a place pick (N) with carryover pool,
			 each net place pick (N) pool and carryover pool, if any, shall be distributed
			 as a single-price pool to those who select the first-place 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 select the
			 first-place or second-place finisher in the greatest number of place pick (N)
			 contests, and the remainder shall be added to the carryover pool.
(2) For a place pick (N) with a minor pool
			 and a carryover pool, the major share of the net place pick (N) pool and the
			 carryover pool, if any, shall be distributed to those who select the
			 first-place 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 select the first-place 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-place 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 select the first-place or second-place finisher in the
			 greatest number of place pick (N) contests, and the major share shall be added
			 to the carryover pool.
(3) For the
			 place pick (N) with no minor pool and no carryover pool, each net place pick
			 (N) pool shall be distributed as a single-price pool to those who select the
			 first-place 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 shall be refunded.
(4) For a place pick (N) with a minor pool
			 and no carryover pool, the major share of the net place pick (N) pool shall be
			 distributed to those who select the first-place 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 select the first-place 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-place 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 select the first-place or
			 second-place finisher in the greatest number of place pick (N) contests. If the
			 greatest number of first-place or second-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) For a place pick (N) with a minor pool
			 and no carryover pool, the major share of the net place pick (N) pool shall be
			 distributed to those who select the first-place 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 select the first-place 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-place 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 select the first-place or
			 second-place finisher in the greatest number of place pick (N) contests. If
			 there are no wagers selecting the first-place 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 select the first-place or second-place
			 finisher in each of the place pick (N) contests. If there are no winning
			 wagers, the pool shall be refunded.