Oklahoma Administrative Code › Title 325 - Oklahoma Horse Racing Commission › Chapter 65 - Pari-Mutuel Wagering › Subchapter 9 - Calculation of Payoffs and Distribution of Pools › Section 325:65-9-18 - Exacta (n) pools

Current through Vol. 41, No. 20, July 1, 2024
(a) The Exacta
				(n) requires selection of the first two finishers, in their exact order, in
				each of a designated number of contests. The organization licensee must obtain
				written approval from the Commission concerning the scheduling of Exacta (n)
				contests, the designation of one of the methods prescribed in Part 4, and the
				amount of any cap to be set on the carryover. Any changes to the approved
				Exacta (n) format require prior approval from the Commission.
(b) The Exacta (n) pool shall be apportioned
				under one of the following methods:
(1) Method
				1, Exacta (n) With No Minor Pool and No Carryover: The net Exacta (n) pool
				shall be distributed as a single price pool to those who selected the first and
				second place finishers, in exact order, in each of the Exacta (n) contests,
				based upon the official order of finish. If there are no wagers selecting the
				first and second place finishers, in exact order, in each of the Exacta (n)
				contests, the net Exacta (n) pool shall be distributed as a single price pool
				to those who selected the first and second place finishers, in exact order, in
				the greatest number of Exacta (n) contests. If there are no winning wagers, the
				entire pool shall be refunded on Exacta (n) wagers for those
				contests.
(2) Method 2, Exacta (n)
				With No Minor Pool and Carryover Instead of a Refund: The net Exacta (n) pool
				and the carryover, if any, shall be distributed as a single price pool to those
				who selected the first and second place finishers, in exact order, in each of
				the Exacta (n) contests, based upon the official order of finish. If there are
				no wagers selecting the first and second place finishers, in exact order, in
				each of the Exacta (n) contests, the net Exacta (n) pool and the carryover
				shall be distributed as a single price pool to those who selected the first and
				second place finishers, in exact order, in the greatest number of Exacta (n)
				contests. If there are no winning wagers, the net Exacta (n) pool shall be
				added to the carryover.
(3) Method
				3, Exacta (n) With No Minor Pool and Carryover: The net Exacta (n) pool and the
				carryover, if any, shall be distributed as a single price pool to those who
				selected the first and second place finishers, in exact order, in each of the
				Exacta (n) contests, based upon the official order of finish. If there are no
				winning wagers, the net Exacta (n) pool shall be added to the
				carryover.
(4) Method 4, Exacta (n)
				With Minor Pool and No Carryover: The major share of the net Exacta (n) pool
				shall be distributed as a single price pool to those who selected the first and
				second place finishers, in exact order, in each of the Exacta (n) contests,
				based upon the official order of finish. The minor share of the net Exacta (n)
				pool shall be distributed as a single price pool to those who selected the
				first and second place finishers, in exact order, in the second greatest number
				of Exacta (n) contests, based upon the official order of finish. If there are
				no wagers selecting the first and second place finishers, in exact order, in
				each of the Exacta (n) contests, the major share of the net Exacta (n) pool
				shall be combined with the minor share for distribution as a single price pool
				to those who selected the first and second place finishers, in exact order, in
				the greatest number of Exacta (n) contests. If there are no wagers selecting
				the first and second place finishers, in exact order, in a second greatest
				number of Exacta (n) contests, the minor share of the net Exacta (n) pool shall
				be combined with the major share for distribution as a single price pool to
				those who selected the first and second place finishers, in exact order, in
				each of the Exacta (n) contests. If there are no winning wagers, the pool shall
				be refunded on Exacta (n) wagers for those contests.
(5) Method 5, Exacta (n) With Minor Pool and
				Carryover: The major share of the net Exacta (n) pool and the carryover, if any
				shall be distributed as a single price pool to those who selected the first and
				second place finishers, in exact order, in each of the Exacta (n) contests,
				based upon the official order of finish. The minor share of the net Exacta (n)
				pool shall be distributed as a single price pool to those who selected the
				first and second place finishers, in exact order, in the second greatest number
				of Exacta (n) contests, based upon the official order of finish. If there are
				no wagers selecting the first and second finishers, in exact order, in each of
				the Exacta (n) contests, the minor share of the net Exacta (n) pool shall be
				distributed as a single price pool to those who selected the first and second
				place finishers, in exact order, in the greatest number of Exacta (n) contests,
				and the major share shall be added to the carryover. If there are no wagers
				selecting the first and second place finishers, in exact order, in a second
				greatest number of Exacta (n) contests, the minor share of the net Exacta (n)
				pool shall be combined with the major share for distribution as a single price
				pool to those who selected the first and second place finishers, in exact
				order, in each of the Exacta (n) contests, or if there are no such winning
				wagers, added to the carryover.
(6)
				Method 6, Exacta (n) With Minor Pool Based Upon Any One Exacta and No
				Carryover: The major share of the net Exacta (n) pool shall be distributed as a
				single price pool to those who selected the first and second place finishers,
				in exact order, in each of the Exacta (n) contests based upon the official
				order of finish. The minor share of the net Exacta (n) pool shall be
				distributed as a single price pool to those (including recipients of the major
				share of the net Exacta (n) pool) who selected the first and second place
				finishers, in exact order, in at least one of the Exacta (n) contests, based
				upon the official order of finish. If there are no wagers selecting the first
				and second place finishers, in exact order in each of the Exacta (n) contests,
				the major share of the net Exacta (n) pool shall be combined with the minor
				share for distribution as a single price pool to those who selected the first
				and second place finishers, in exact order, in at least one of the Exacta (n)
				contests. If there are no winning wagers, the pool is refunded.
(7) Method 7, Exacta (n) with Minor Pool
				Based Upon Any One Exacta, and Carryover: The major share of the net Exacta (n)
				pool and the carryover, if any, shall be distributed as a single price pool to
				those who selected the first and second place finishers, in exact order, in
				each of the Exacta (n) contests, based upon the official order of finish. The
				minor share of the net Exacta (n) pool shall be distributed as a single price
				pool to those (including recipients of the major share of the net Exacta (n)
				pool) who selected the first and second place finishers, in exact order, in at
				least one of the Exacta (n) contests, based upon the official order of finish.
				If there are no wagers selecting the first and second place finishers, in exact
				order, in each of the Exacta (n) contests, the major share shall be added to
				the carryover if there are no wagers selecting the first and second place
				finishers, in exact order in any of the Exacta (n) contests, the minor share of
				the net Exacta (n) pool shall also be added to the carryover.
(8) Method 8, Exacta (n) with Minor Pool
				Based Upon Individual Exactas, and No Carryover:
(A) The major share of the net Exacta (n)
				Pool shall be distributed as a single price pool to those who selected the
				first and second place finishers, in exact order, in each of the Exacta (n)
				contests, based upon the official order of finish. The minor share of the net
				Exacta (n) pool shall be distributed as a single price pool based upon the sum
				of the dollar value of wagers for each of the Exacta (n) contests considered
				separately, in which the first and second place finishers, in exact order, were
				correctly selected, based on the official order of finish. The minor share of
				the net Exacta (n) pool shall be distributed as a single price pool to those
				(including recipients of the major share of the net Exacta (n) pool) who
				selected the first and second place finishers, in exact order, in one or more
				of the Exacta (n) contests. Each recipient of a minor share shall receive an
				amount equal to the single price times the number of Exacta (n) contests in
				which the recipient correctly selected the winning combination.
(B) If there are no wagers selecting the
				first and second place finishers, in exact order, in all Exacta (n) contests,
				the major share shall be combined with the minor share and the entire net
				Exacta (n) pool shall be distributed in accordance with the rules in the
				preceding paragraph for distributing the minor share of the net Exacta (n)
				pool. If there are no winning wagers, the pool shall be refunded.
(9) Method 9, Exacta (n) with
				Minor Pool Based Upon Individual Exactas, and Carryover:
(A) The major share of the net Exacta (n)
				Pool and the carryover, if any, shall be distributed as a single price pool to
				those who selected the first and second place finishers, in exact order, in
				each of the Exacta (n) contests, based upon the official order of finish. The
				minor share of the net Exacta (n) pool shall be distributed as a single price
				pool based upon the sum of the dollar value of wagers, for each of the Exacta
				(n) contests considered separately, in which the first and second place
				finishers, in exact order, were correctly selected, based on the official order
				of finish. The minor share of the net Exacta (n) pool (including recipients of
				the major share of the net Exacta (n) pool) who selected the first and second
				place finishers, in exact order, in one or more of the Exacta (n) contests.
				Each recipient of a minor share shall receive an amount equal to the single
				price times the number of Exacta (n) contests in which the recipient correctly
				selected the winning combination.
(B) If there are no wagers selecting the
				first and second place finishers, in exact order, in all Exacta (n) contests,
				the minor share shall be distributed in accordance with the rules in the
				preceding paragraph for distributing the minor share of the net Exacta (n)
				pool, and the major share shall be added to the carryover; except that if there
				are no winning wagers in either the major or the minor pool, today's pool shall
				be refunded and the carryover shall be carried over.
(10) Method 10, Exacta (n) With Minor Pool
				Based Upon Individual Exactas, and Carryover; 100% Carryover if no Winning
				Wagers:
(A) The major share of the net Exacta
				(n) pool and the carryover, if any, shall be distributed as a single price pool
				to those who selected the first and second place finishers, in exact order, in
				each of the Exacta (n) contests based upon the official order of finish. The
				minor share of the net Exacta (n) pool shall be distributed as a single price
				pool based upon the sum of the dollar value of wagers, for each of the Exacta
				(n) contests considered separately, in which the first and second place
				finishers, in exact order, were correctly selected, based upon the official
				order of finish. The minor share of the net Exacta (n) pool shall be
				distributed as a single price pool to those (including recipients of the major
				share of the net Exacta (n) pool) who selected the first and second place
				finishers, in exact order, in one or more of the Exacta (n) contests. Each
				recipient of a minor share shall receive an amount equal to the single price
				times the number of Exacta (n) contests in which the recipient correctly
				selected the winning combination.
(B) If there are no wagers selecting the
				first and second place finishers, in exact order, in all Exacta (n) contests,
				the minor share shall be distributed in accordance with the rules in the
				preceding paragraph for distributing the minor share of the net Exacta (n)
				pool, and the major share shall be added to the carryover. If there are no
				winning wagers, the minor share shall also be added to the carryover.