Ohio Administrative Code › Title 3769 - State Racing Commission › Chapter 3769-3 - Wagering › Section 3769-3-38 - The team wager pool

Current through all regulations passed and filed through July 1, 2024
(A) The team wager pool requires selection of
			 a designated "team" in each of a designated number of contests. Winning bets
			 shall be determined based upon the official order of finish in each contest and
			 the standing of each team with respect to the official order of finish. For
			 purposes of the team wager, finishers from the same team shall be bracketed
			 together to determine a single betting interest, as set forth in paragraph (C)
			 of this rule.
(B) Prior to the
			 start of the contests that comprise the team wager, all participants in each of
			 the contests shall be divided by the association between or among each of the
			 team wager teams, and the roster of each team made public, as well as the
			 number of points to be awarded to the team whose member is the first finisher
			 in a designated contest, the second finisher, and so forth until no more points
			 are awarded in that contest.
(C)
			 At the conclusion of all contests that comprise the team wager, the number of
			 points for each team shall be compiled, and the team with the most points shall
			 be declared the "winning team."
(D) The team wager pool shall be apportioned
			 under either of the following methods:
(1)
			 Winning margins team wager:
(a) In the
			 "winning margins team wager", the total number of points awarded in the team
			 wager shall be divided by the association into a series of brackets comprised
			 of a series of point ranges ("winning margin") by which one team (team A) might
			 defeat the other team (team B); a series of point ranges by which team B might
			 defeat team A; and a tie between the teams. Each bracket shall constitute a
			 separate betting interest in the winning margins team wager.
(b) The net winning margins team wager pool
			 shall be distributed as a single price pool to those who selected the correct
			 bracket. If there are no wagers selecting the correct bracket, the entire pool
			 shall be refunded.
(c) Example:
			 points are assigned to each of the first four finishers in each contest [four
			 points for the first finisher down to one point for the fourth finisher, for a
			 total of ten points awarded in each contest, based upon the official order of
			 finish, with a total of six contests in the team wager, resulting in a total of
			 sixty points in all. The brackets could be designated as: team A's winning
			 margin is one to ten points; eleven to twenty points; twenty-one to thirty
			 points; thirty-one to forty points; forty-one to fifty points; fifty-one to
			 sixty points. Team B's winning margin is one to ten points; eleven to twenty
			 points; twenty-one to thirty points; thirty-one to forty points; forty-one to
			 fifty points; fifty-one to sixty points. The two teams tie, and the margin is
			 zero points. In this example, there are thirteen separate betting interests.
			 If, in this example, finishers representing team A come in first and third in
			 one contest, and finishers representing team B come in second and fourth in
			 that contest, team A would have four plus two equals six points and team B
			 would have three plus one equals four points. The current winning margin (after
			 this first contest) would be team A by two points.)