Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Horse Racing General Rules › Part 2 - MUTUELS › Section R. 431.2075 - Daily double

Current through Vol. 24-12, July 15, 2024
Rule 2075.
(1) The
				  daily double is not a parlay and has no connection with or relation to straight
				  wagering. All tickets on the daily double must be calculated in an entirely
				  separate pool.
(2) To win a daily
				  double, it is necessary for the purchaser of a daily double ticket to select
				  the winners of each of the 2 races specified for the daily double. If either of
				  his or her selections fails to win, his or her ticket is voided, except as
				  otherwise provided.
(3) With
				  respect to a daily double pool, the amount wagered on the winning combination,
				  such being the horse or betting interest which finishes first in the first race
				  coupled with the horse finishing first in the second race of the daily double,
				  is deducted from the net pool to determine the profit. The profit is divided by
				  the amount wagered on the winning combination, such quotient being the profit
				  per dollar wagered on the winning daily double. Payoff includes return of the
				  amount wagered and the profit thereon. In addition, the following provisions
				  apply to daily double pools:
(a) If there is a
				  dead heat for first involving 2 different betting interests in 1 of the 2 daily
				  double races, the daily double pool is distributed as if it were a place pool,
				  with 1/2 of the profit allocated to wagers combining the single winner of 1
				  daily double race and 1 of the betting interests involved in the dead heat in
				  the other daily double race and with the other 1/2 of the profit allocated to
				  wagers combining the single winner of 1 daily double race and the other betting
				  interest involved in the dead heat in the other daily double race.
(b) If there are dead heats for first
				  involving different betting interests in each of the daily double races which
				  result in winning combinations, the profit shall be allocated equally to the
				  winning combinations after first deducting from the net pool the amount wagered
				  on all winning combinations for proportionate allocation for each such winning
				  daily double wager.
(c) If no daily
				  double ticket is sold combining the horse or betting interest which finishes
				  first in 1 of the daily double races, the daily double pool is distributed as
				  if a win pool, with the profit allocated to wagering combinations which include
				  the horse or betting interest which finished first in 1 of the daily double
				  races.
(d) If no daily double
				  ticket is sold combining the horses or betting interests which finished first
				  in both the first and second race of the daily double, then the winning
				  combination for distribution of the daily double profit shall be that combining
				  the horses or betting interests which finished second in each of the daily
				  double races.
(e) If, after daily
				  double wagering has commenced, a horse not coupled with another as a betting
				  interest in the first race of the daily double is excused by the stewards or is
				  prevented from racing because of failure of the starting gate to open properly,
				  then daily double wagers combining such horse shall be deducted from the daily
				  double pool and shall be refunded upon presentation and surrender of daily
				  double tickets thereon.
(f) If,
				  after the first race of the daily double has been run, a horse not coupled with
				  another as a betting interest in the second race of the daily double is excused
				  by the stewards or prevented from racing because of failure of the starting
				  gate door to open properly, then daily double wagers combining the winner of
				  the first daily double race with such horses prevented from racing in the
				  second daily double race shall be allocated consolation payoffs.
(g) Consolation daily double payoffs shall be
				  determined by dividing the net daily double pool by the amount wagered
				  combining the winner of the first daily double race with every horse or betting
				  interest scheduled to start in the second daily double race, such quotient
				  being the consolation payoff per dollar wagered combining the winner of the
				  first daily double race with such horse prevented from racing in the second
				  daily double race. Payoff includes return of the amount wagered and the profit
				  thereon.
(h) If for any reason the
				  first race of the daily double is cancelled and declared no contest a full and
				  complete refund shall be made of the daily double pool.
(i) If for any reason the second race of the
				  daily double is cancelled and declared no contest the net daily double pool
				  shall be paid to the holders of daily double tickets which include the winner
				  of the first race.