Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.22 - BOARD OF HORSE RACING › Subchapter 8.22.36 - Rules of Trifecta and Pick (N) Wagering › Rule 8.22.3605 - PICK (N) WAGERING

Current through Register Vol. 13, July 5, 2024
(1) The pick (N) is
				a form of parimutuel wagering. The pick (N) is not a parlay and has no
				connection with or relation to any other parimutuel pool made and conducted by
				an association, nor is the pick (N) connected with or related to any win,
				place, and show pool shown on the totalizator board, nor is it governed by any
				board rules pertaining to the distribution of any other parimutuel pools. Each
				person participating in a pick (N) pool selects the entry or field for win in
				each of a certain number of races designated by the association with the
				approval of the board. The number of races so designated may be four, five,
				six, seven, or eight. Once an association has decided the number of races
				comprising the pick (N), it may not change that number in the middle of a meet
				without prior approval of the Board of Horse Racing, which may be given if it
				is in the best interests of the wagering public to do so. The races so
				designated comprise the pick (N) for that performance. The association issues
				the pick (N) participant a ticket which reflects the participant's selections
				in the designated races.
(2) A
				validly issued pick (N) ticket timely surrendered to the association by the
				legal holder thereof shall be the only evidence of a person's participation in
				a pick (N) parimutuel pool. The acceptance of a pick (N) ticket by taking an
				issued ticket away from the window or terminal from which it is purchased shall
				constitute an acknowledgment by the purchaser of the correctness of the ticket,
				and each purchaser of a pick (N) ticket agrees to be bound by the terms and
				provisions of this and all other applicable board rules and regulations and by
				the laws of the state of Montana pertaining to parimutuel wagering. Neither the
				association, totalizator company nor the state of Montana shall be liable to
				any person for any ticket which is not a winning ticket in accordance with the
				provisions of this rule nor shall they, or any of them, be liable to any person
				for any pick (N) ticket not delivered for any reason, including but not limited
				to, mechanical malfunction, electrical failure, machine locking, or other
				causes.
(3) In all races, those
				horses constituting an entry of coupled horses or those horses grouped to
				constitute the field in a race included in the pick (N) shall race as a single
				wagering interest for the purpose of the pick (N) parimutuel pool calculations
				and payouts to a winner. However, if any wagering interest is a starter in a
				race, the entry or the field selection shall remain as the designated selection
				to win in that race for the pick (N) calculation and the parimutuel ticket
				shall not be withdrawn from that pool.
(4)
(a)
				Pick (N) shall be composed of two separate and distinct parimutuel pools.
				Seventy five percent of the gross amount of all sums wagered on pick (N)
				tickets on each performance shall be paid into a parimutuel pool to be known as
				"the jackpot". The remaining twenty five percent of the gross amount of all
				sums wagered on pick (N) tickets for that performance shall be paid into a
				parimutuel pool to be known as "the consolation pool."
(b) Subject to the provisions of this rule
				pertaining to refunds and after the deduction of all legal sums therefrom, the
				net amount in the jackpot pool subject to distribution among winning ticket
				holders shall be distributed only among the holders of pick (N) tickets which
				correctly designate all official winners of the races comprising the pick (N)
				for the performance.
(c) Subject to
				the provisions of this rule pertaining to refunds and after deduction of all
				legal sums therefrom, the net amount in the consolation pool subject to
				distribution among winning ticket holders shall be distributed among the
				holders of pick (N) tickets which correctly designate the most official winners
				of the contests comprising the pick (N) for that performance.
(d) In the event there is no pick (N) ticket
				issued which would entitle the ticket holder to the jackpot, then, and in such
				event, the entire jackpot shall be carried over and included in the jackpot
				pool for the next day. The jackpot shall be supplemented each day by the amount
				added thereto from all previous days' jackpot pools that have not been won by a
				holder of a pick (N) ticket which correctly selects all official winners of the
				races comprising the pick (N) for any race day.
(e) In the event the accumulated jackpot has
				not been distributed prior to the closing day of the meeting in which the
				jackpot was generated, the accumulated jackpot and the net amount in the
				consolation pool subject to distribution among winning ticket holders shall be
				distributed among closing day holders of pick (N) tickets which correctly
				designate the most official winners of the races comprising the closing day
				pick (N). Where a split meet is held, all jackpot and consolation pools shall
				be distributed as stated in this section on the final day of each portion of
				the split meet.
(f) In the event a
				pick (N) ticket designates as a selection to win in any one or more of the
				races comprising the pick (N), a single wagering interest which is scratched,
				excused or determined by the stewards/judges to be a nonstarter in the race,
				the actual favorite, as evidenced by the amounts wagered in the win pool at the
				time of the start, will be substituted for the nonstarting selection for all
				purposes, including pool calculations and payoffs; provided further, that in
				the event that the win pool for two or more favorites is identical, the
				selection in the lowest program position shall be substituted for the
				nonstarting selection.
(g) In the
				event one or more of the races comprising the pick (N) is cancelled for any
				reason, the distribution of the net amount subject to distribution in the
				consolation pool shall be among the holders of parimutuel tickets which
				correctly designate the most official winners in all of the remaining races
				comprising the pick (N) during such race days, except that in the event there
				is officially cancelled or declared as no contest three or more of the races
				comprising the pick (N), all parimutuel tickets on the pick (N) for that day
				shall be refunded, and the pick (N) shall be cancelled for that day. No person
				shall win the jackpot unless that person holds a pick (N) ticket which
				correctly picks all official winners of the races comprising the pick (N) for
				that race day. The cancellation of one or more races comprising the pick (N) in
				any race day shall result in the contribution to the consolation pool of the
				amount contributed that day to the jackpot pool. The contribution to that day's
				jackpot pool will then be distributed along with the remainder of the
				consolation pool to the winners of the consolation pool. Any contributions to
				the jackpot pool from prior race days will remain in the jackpot pool to be
				carried over and included in the jackpot pool for the next race day as
				prescribed in (d).