Ohio Administrative Code › Title 3769 - State Racing Commission › Chapter 3769-3 - Wagering › Section 3769-3-02 - Exotic wagering and entries

Current through all regulations passed and filed through July 1, 2024
(A) "Exotic wagering" is defined as any
			 betting or wagering that is separate and distinct from the win, place and show
			 pools. Types of exotic wagering include but are not limited to daily double,
			 quinella, perfecta, and trifecta pools. Types of exotic wagering not covered by
			 these rules may be instituted by the permit holder for a trial period of six
			 months or longer from the initial wagering day of the experimental exotic pool,
			 only after the submission of written rules to the commission, accompanied by a
			 full explanation, and only after the commission's interim approval thereof.
			 Upon final approval by the racing commission and incorporation into these
			 official rules, any permit holder may use such exotic wagering without further
			 permission. Permit holders may not vary from the final approved rule without
			 express approval of the commission.
(B) From each exotic pool, there will be
			 deducted twenty-two and one half per cent; the remainder being the net pool for
			 distribution, less breakage.
(C)
			 Exotic wagering will be conducted only by use of automatic mechanical, electric
			 or electronic devices which print and issue tickets evidencing individual
			 wagers and either locally print a permanent record of the tickets issued by
			 each machine or transmit by automatic mechanical, electric, or electronic means
			 the total number dollar value of such tickets for registry on a central
			 aggregating device; and no such aggregating device shall be cleared of the
			 figures so registered until the commission's representative then on duty shall
			 have had a reasonable opportunity to record such figures.
(D) Unless prohibited by the racing
			 commission for a specific type of exotic wagering, all entries as defined in
			 Chapter 3769-1 of the Administrative Code and all field horses as defined in
			 Chapter 3769-1 of the Administrative Code may race coupled as one wagering
			 interest in any exotic pool, provided they are likewise classified for win,
			 place and show wagering. Horses owned by different interests but trained by the
			 same trainer may race uncoupled as separate wagering interests. No trainer may
			 have more then two betting interests in any one race other than a stakes race.
(E) In all exotic pools, if two or
			 more horses are coupled in an entry or field as one wagering interest, there
			 will be no refunds on such interest unless all of the horses so coupled are
			 excused before off time. Contrary to win, place, show, and dead heat payoff
			 calculations where two or more parts of a field or entry may participate, all
			 exotic pool calculations have to use separate wagering interests in determining
			 proper payoff combinations. If two or more field or entry horses finish in
			 payoff positions, the highest placed position takes precedence.
(F) In any rule of Chapter 3769-3 of the
			 Administrative Code where an example of exotic pool payout or priority of
			 payout is given such as (1-2-3) or (1-2-3-all), the "1" is defined as the horse
			 placed first, "2" the horse placed second, "3" the horse placed third, and "4"
			 the horse placed fourth in the official order of finish regardless of initial
			 post position, head number or saddle cloth. In any exotic pool where a payoff
			 includes the "all" condition such as 1-2-3-all or 1-2-all, the word "all" is
			 defined as all horses or entries, other than those already participating in the
			 payoff, which started the subject race regardless of whether they failed to
			 finish for any reason, were declared a non-starter for equipment failure or
			 other reason or were disqualified or placed back for a rule violation.
(G) In any exotic form of wagering
			 in which a carryover pool is generated, there must be a mandatory distribution
			 of such carryover jackpot on the "final day of the meeting" as defined in
			 paragraph (I) of this rule. In addition, the permit holder after written
			 application to, and with the express approval of the racing commission, may
			 schedule additional "mandatory payout" days. Such mandatory distribution days
			 may be based on (1) a specified size of carryover jackpot; (2) a fixed number
			 of days between mandatory payouts; or (3) a fixed number of days between
			 mandatory payouts with a guaranteed minimum payout. A full explanation of the
			 method used in determining and scheduling such additional mandatory payout days
			 will be well advertised and available to the public.
(H) If a carryover jackpot under paragraph
			 (G) of this rule is won before a scheduled, advertised mandatory distribution,
			 the permit holder will still proceed with a mandatory distribution on the
			 scheduled date. The mandatory distribution will b guaranteed at no less than
			 the advertised amount. If the mandatory distribution carryover pool is less
			 than the advertised approved amount, permit holders will add whatever funds are
			 necessary to guarantee that the winner will receive a total payoff of no less
			 than the specified amount after commissions (multiple winners would share a
			 payoff of no less than the approved amount after commissions).
(I) For all exotic carryover jackpots "final
			 day of the meeting" will mean:
(1) The last
			 scheduled racing date under the permit holder's permit, unless another permit
			 is scheduled to commence within twenty-one days at the same facility and the
			 other permit holder has agreed to continue the carryover pool; or,
(2) The last scheduled racing date (under a
			 permit holder's permit) before a scheduled hiatus of more than twenty-one days.