Code of Massachusetts Regulations › 205 CMR - MASSACHUSETTS GAMING COMMISSION › Title 205 CMR 6.00 - Pari-mutuel Rules for Thoroughbred Racing, Harness Racing, and Greyhound Racing › Section 6.36 - Place Pick (n) Pools

Current through Register 1525, July 5, 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 205 CMR 6.36(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. (ARCI c. 9 cal. § H(1).)
(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, 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. (ARCI c. 9
			 cal. § H(2))