Code of Maine Rules › 01 - DEPARTMENT OF AGRICULTURE, CONSERVATION AND FORESTRY › 017 - MAINE STATE HARNESS RACING COMMISSION › Chapter 13 - PARI-MUTUEL WAGERING › Section 017-13-37 - Place Pick (n) Pools

Current through 2024-29, July 17, 2024
1. The Place Pick
				(n) requires selection of the first or second-place finisher in each of a
				designated number of contests. The association must obtain written approval
				from the Commission concerning the scheduling of Place Pick (n) contests, the
				designation of one of the methods prescribed in Part (2), the distinctive name
				identifying the pool and the amount of any cap to be set on the carryover. Any
				changes to the approved Place Pick (n)format require prior approval from the
				Commission.
2. The Place Pick (n)
				pool shall be apportioned under one of the following methods:
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.