New Jersey Administrative Code › Title 13 - LAW AND PUBLIC SAFETY › Chapter 70 - HORSE RACING › Subchapter 29 - MUTUELS › Section 13:70-29.50 - Daily triple

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Daily
				Triple pari-mutuel pool is not a parlay and has no connection with or relation
				to any other pari-mutuel pool conducted by the association, nor to any win,
				place and show pool shown on the totalisator board, nor to the rules governing
				the distribution of such other pools.
(b) A valid Daily Triple ticket shall be
				evidence of a binding contract between the holder of the ticket and the racing
				association, and said ticket shall constitute an acceptance of Daily Triple
				provisions and N.J.A.C. 13:70-29.
(c) A Daily Triple may be given a distinctive
				name to be selected by the association conducting such races, such as Win 3,
				subject to the prior approval of the Commission.
(d) The Daily Triple pari-mutuel pool shall
				consist of amounts contributed for a selection for win only in each of the
				three consecutive races designated by the association with the prior approval
				of the Commission. Each person purchasing a Daily Triple ticket shall designate
				the winning horse in each of the three races comprising the Daily
				Triple.
(e) Those horses
				constituting an entry of coupled horses or those horses coupled to constitute
				the field in a race comprising the Daily Triple shall race as a single wagering
				interest for the purpose of the Daily Triple pari-mutuel pool calculations and
				payouts to the public. However, if any part of either an entry or the field
				racing as a single 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
				Daily Triple calculation, and the selection shall not be deemed a
				scratch.
(f) The net amount in the
				pari-mutuel pool subject to distribution among winning ticket holders shall be
				distributed among the holders of tickets which correctly designate the winners
				in all three races comprising the Daily Triple.
(g) If no ticket is sold combining the three
				winners of the Daily Triple, the net amount in the pari-mutuel pool shall be
				distributed among the holders of tickets which include the winners of at least
				two of the three races comprising the Daily Triple.
(h) If no ticket is sold combining at least
				two winners of the Daily Triple, the net amount in the pari-mutuel pool shall
				be distributed among holders of tickets which include the winner of any one
				race comprising the Daily Triple.
(i) If no ticket is sold that would require
				distribution of the Daily Triple pool to a winner pursuant to (f) through (h)
				above, the association shall make a complete and full refund of the Daily
				Triple pool.
(j) If for any reason
				one or two of the races comprising the Daily Triple are cancelled, the net
				amount of the pari-mutuel pool shall be distributed as provided in (g), (h),
				and (i) above.
(k) When the
				condition of the turf course warrants a change of racing surface in the second
				or third legs of the pick three races and such change has not been made known
				to the betting public prior to the close of wagering for the pick three pool,
				the stewards shall declare the leg(s) a "no contest" for pick-three wagering
				purposes, and the pool shall be distributed in accordance with (j)
				above.
(l) The following pertains
				to scratches and consolations:
1. In the event
				a betting entry is scratched (which as used in this subsection includes being
				excused or determined by the stewards to be a non-starter in the race) from any
				leg of the daily triple prior to the start of the first leg, all bets
				containing such scratched betting entry shall be refunded and not calculated
				into the gross pool. Coupled entries and fields are only considered "scratched"
				for purposes of this subsection in accordance with (e) above.
2. Regarding consolations:
i. In the event a betting entry is scratched
				in the second leg after the start of the first leg, a consolation payoff shall
				be computed for those bets combining the winners of the first and third legs
				with such scratched horse as follows:
(1) From
				the gross pool shall be deducted the statutory take-out and then the amounts
				represented by bets on combinations involving all entries scratched from the
				third leg (reduced by the rate of statutory take-out thereon).
(2) The resulting remainder shall be divided
				by the amounts bet on the combination of such first and third leg winners with
				all betting entries in the second leg (less breaks) to determine the
				consolation price per dollar payable to those bets combining winners of the
				first and third legs with an entry scratched in the second leg.
(3) The breaks shall not be deducted from the
				pool.
ii. In the event a
				betting entry is scratched in the third leg after the start of the first leg, a
				consolation payoff shall be computed for those bets combining the winners of
				the first and second legs with such scratched horse as follows:
(1) From the gross pool shall be deducted the
				statutory take-out and then the amounts represented by bets on combinations
				involving all entries scratched from the second leg (reduced by the rate of
				statutory take-out thereon).
(2)
				The resulting remainder shall be divided by the amounts bet on the combination
				of such first and second leg winners with all betting entries in the third leg
				(less breaks) to determine the consolation price per dollar payable in those
				bets combining winners of the first and second legs with an entry scratched in
				the third leg.
(3) The breaks shall
				not be deducted from the pool.
iii. In the event betting entries are
				scratched in both the second and third legs after the start of the first leg, a
				consolation payoff shall be computed for those bets combining the winner of the
				first leg with such scratched horses in both the second and third legs as
				follows:
(1) From the gross pool shall be
				deducted the statutory take-out.
(2) The remainder shall be divided by the
				amounts bet on the winner of the first leg combined with all other entries
				(less breaks) to determine the consolation price per dollar payable in those
				bets combining the winner of the first leg with entries scratched in both the
				second and third legs.
(3) The
				breaks shall not be deducted from the pool.