Ohio Administrative Code › Title 3769 - State Racing Commission › Chapter 3769-3 - Wagering › Section 3769-3-28 - Pick (n) pools

Current through all regulations passed and filed through July 1, 2024
(A) The pick (n) requires selection of the
			 first-place finisher in each of a designated number of contests. 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 paragraph (B) of this rule 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.
(B)
			 The pick (n) pool shall be apportioned under one of the following methods:
(1) Method one, 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.
(2) Method two, 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.
(3) Method three, 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.
(4) Method four, 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, the major and minor shares are combined for
			 distribution as a single price pool. If there are no winning wagers, the pool
			 is refunded.
(5) Method five, 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.
(6) Method six, pick (n) with minor pool,
			 jackpot pool, major carryover and jackpot carryover: Predetermined percentages
			 of the net pick (n) pool shall be set aside as a major pool, minor pool and
			 jackpot pool. The major share of the net pick (n) pool and the major carryover,
			 if any, shall be distributed to those who selected the first-place finisher of
			 each of the pick (n) contests, based on the official order of finish. If there
			 are no tickets selecting the first-place finisher in each of the pick (n)
			 contests, the major net pool shall be added to the major carryover. If there is
			 only one single ticket selecting the first-place finisher of each of the pick
			 (n) contests, based on the official order of finish, the jackpot share of the
			 net pick (n) pool and the jackpot carryover, if any, shall be distributed to
			 the holder of that single ticket, along with the major net pool and the major
			 carryover, if any. If more than one ticket selects the first-place finisher of
			 each of the pick (n) contests the jackpot net pool shall be added to thejackpot
			 carryover. The minor share of the net pick (n) pool shall be distributed to
			 those who selected the first-place finisher of the second greatest number of
			 pick (n) contests, based on the official order of finish. If there are no
			 wagers selecting the first-place finisher of all pick (n) contests, the minor
			 net pool of the pick (n) pool shall be distributed as a single price pool to
			 those who selected the first-place finisher of the greatest number of pick (n)
			 contests.