Louisiana Administrative Code › Title 35 - HORSE RACING › Part XIII - Wagering › Chapter 116 - Pick N › Section XIII-11609 - Procedure

Current through Register Vol. 50, No. 6, June 20, 2024
A. The Pick N
				requires selection of the first-place finisher in each of a designated number
				of contests. The association shall submit their request for Pick N pool
				wagering in writing to the commission at the time of application for race dates
				and include the request in their wagering format application. The association
				must obtain written approval from the commission concerning the scheduling of
				Pick N contests, the designation of one of the methods prescribed in Subsection
				B, and the amount of any cap to be set on the carryover. Any changes to the
				approved Pick N format require prior approval from the commission at the time
				of application for race dates.
B.
				The Pick N pool shall be apportioned under one of the following methods.
1. Method 1, Pick N with Carryover. The net
				Pick N pool and carryover, if any, shall be distributed as a single price pool
				to those who selected 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 selected the first-place finisher in the greatest number of
				Pick N contests; and the remainder shall be added to the carryover. Where there
				is no correct selection of the first-place finisher in at least one of the Pick
				N contests, based upon the official order of finish, the days net pool shall be
				refunded and the previous carryover pool amount, if any, shall be carried over
				to the next scheduled corresponding pool.
2. Method 2, Pick N with 100 percent
				Carryover. The net Pick N pool and carryover, if any, shall be distributed as a
				single price pool to those who selected 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 100 percent of that days net pool shall be added to the carryover.
				Where there is no correct selection of the first-place finisher in at least one
				of the Pick N contests, based upon the official order of finish, the days net
				pool shall be refunded and the previous carryover pool amount, if any, shall be
				carried over to the next scheduled corresponding pool.
3. Method 3, Pick N with Minor Pool and
				Carryover. The major share of the net Pick N pool and the carryover, if any,
				shall be distributed to those who selected 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 selected 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 selected the
				first-place finisher in the greatest number of Pick N contests; and the major
				share shall be added to the carryover. Where there is no correct selection of
				the first-place finisher in at least one of the Pick N contests, based upon the
				official order of finish, the days net pool shall be refunded and the previous
				carryover pool amount, if any, shall be carried over to the next scheduled
				corresponding pool.
4. Method 4,
				Pick N with No Minor Pool and No Carryover. The net Pick N pool shall be
				distributed as a single price pool to those who selected 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 is
				refunded.
5. Method 5, Pick N with
				Minor Pool and No Carryover. The major share of the net Pick N pool shall be
				distributed to those who selected 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 selected 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 selected the first-place
				finisher in the greatest number of Pick N contests. If the greatest number of
				first-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.
6.
				Method 6, Pick N with Minor Pool and No Carryover. The major share of net Pick
				N pool shall be distributed to those who selected 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 selected 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 selected 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 selected the
				first-place finisher in each of the Pick N contests. If there are no winning
				wagers, the pool is refunded.
7.
				Method 7, Pick N with Carryover and "Unique Winning Ticket" Provision. The net
				Pick N pool and carryover, if any, shall be distributed to the holder of a
				unique winning ticket that selected the first-place finisher in each of the
				Pick N contests, based upon the official order of finish. If there is no unique
				ticket selecting the first-place finisher in each of the Pick N contests, or 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 selected the first-place finisher in the greatest number of
				Pick N contests, and the major share shall be added to the carryover.
				Associations may suspend previously approved unique winning ticket wagering
				with the prior approval of the commission. Any carryover shall be held until
				the suspended unique winning ticket wagering is reinstated. Where there is no
				correct selection of the first-place finisher in at least one of the Pick N
				contests, based upon the official order of finish, the days net pool shall be
				refunded and the previous carryover pool amount, if any, shall be carried over
				to the next scheduled corresponding pool. In obtaining authorization for
				operating the Pick N pool under this subsection, associations must clearly
				identify which definition under Subsection L will be relied upon for
				determining the existence of a unique winning ticket.
8. Method 8, Pick N with the Pool Split into
				Three Shares, One Share Having a Carryover. The share percentages are
				determined by the pool host and approved by the commission. The first share of
				the net Pick N pool and the carryover, if any, shall be distributed to those
				who selected the first-place finisher in each of the Pick N contests, based
				upon the official order of finish. The second share of the net Pick N pool
				shall be distributed to those who selected (N-1) of the Pick N contests, based
				upon the official order of finish and a third share of the Pick N pool shall be
				distributed to those who selected (N-2) of the 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 first share shall be added to the
				carryover. If there are no wagers selecting (N-1) of the Pick N contests, this
				second share shall be added to the carryover. If there are no wagers selecting
				(N-2) of the Pick N contests, this third share shall be added to the carryover.
				Where there is no correct selection of the first-place finisher in at least one
				of the Pick N contests, based upon the official order of finish, the days net
				pool shall be refunded and the previous carryover pool amount, if any, shall be
				carried over to the next scheduled corresponding pool.
9. Method 9, Pick N with the pool split into
				three shares, with Carryovers, and a Unique Winning Ticket Provision: The share
				percentages are determined by the pool host and approved by the commission. The
				first share of the net Pick N pool and the first share carryover, if any, shall
				be distributed to those who selected the first-place finisher in each of the
				Pick N contests, based upon the official order of finish. The second share of
				the net Pick N pool shall be distributed to those who selected 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 second share of the net Pick N pool shall
				be distributed as a single price pool to those who selected the first-place
				finisher in the greatest number of Pick N contests, and the first share shall
				be added to the first share carryover. The third share and the third share
				carryover, if any, shall be distributed to the holder of a unique winning
				ticket that selected the first-place finisher in each of the Pick N contests,
				based upon the official order of finish. If there is no unique winning ticket
				selecting the first-place finisher in each of the Pick N contests, the third
				share shall be added to the third share carryover. For greater certainty, the
				holder of a unique winning ticket shall receive both the first share, and first
				share carryover, if any as well as the third share, and the third share
				carryover, if any. Where there is no correct selection of the first-place
				finisher in at least one of the Pick N contests, based upon the official order
				of finish, the days net pool shall be refunded and the previous carryover
				pool(s) amount(s), if any, shall be carried over to the next scheduled
				corresponding pool. In obtaining authorization for operating the Pick N pool
				under this subsection, associations must clearly identify which definition
				under paragraph 16(b) will be relied upon for determining the existence of a
				unique winning ticket.