New York Codes, Rules and Regulations › Title 9 - EXECUTIVE DEPARTMENT › Subtitle T - New York State Gaming Commission › Chapter I - Division of Horse Racing and Pari-Mutuel Wagering › Subchapter A - Thoroughbred Racing › Article 1 - Rules of Racing › Part 4011 - The Daily Double › The Superfecta › Section 4011.28 - Grand Slam

Current through Register Vol. 46, No. 28, July 10, 2024
(a) Commission
						  approval. The racing association or corporation must obtain written approval
						  from the commission for the initial scheduling or specific performances of
						  Grand Slam races or any other name used to characterize this bet type, and
						  identify the pari-mutuel pool and any required distribution percentages.
						  Changes to the approved Grand Slam format, or suspension of previously approved
						  Grand Slam wagering, require prior approval from the commission.
(b) Grand Slam pools.
(1) The Grand Slam requires selection of the
						  official first-, second- or third-place finisher in each of the first three
						  races in a series of four designated Grand Slam races. A completed winning
						  Grand Slam wager requires the selection of the official first place finisher in
						  the fourth and final event in this same series of races. The Grand Slam wager
						  is classified as an exotic bet and is subject to the prevailing exotic takeout
						  rate set forth in sections 236 and 238 of the Racing, Pari-Mutuel Wagering and
						  Breeding Law.
(2) The Grand Slam
						  pool shall be apportioned under the following method: Grand Slam Wager with no
						  carryover.
(i) The net Grand Slam pool shall
						  be distributed from a single betting pool to participants who selected the
						  first, second or third-place finisher in the first three races of a series of
						  four Grand Slam races completing a winning wager with the selection of the
						  first place finisher in the fourth and final Grand Slam event in this same
						  series, based upon the official order of finish.
(ii) If there are no winning wagers taking
						  into account all four segments of the Grand Slam wager, the pool shall be
						  distributed as a single price pool to those who selected the first place
						  finisher in the fourth and final Grand Slam event in this series of races along
						  with the greatest number of first, second or third-place finishes each of which
						  had an accompanying show pari-mutuel payout, in accordance with section
						  4009.22 of this Title, in each of
						  the first three races in the series of four designated Grand Slam races. All
						  results are based upon the official order of finish for each race.
(3) If there is a dead heat for
						  first in any of the Grand Slam segments involving:
(i) official program numbered horses
						  representing the same betting interest, the Grand Slam pool shall be
						  distributed as if no dead heat occurred;
(ii) official program numbered horses
						  representing two or more betting interests, the Grand Slam pool shall be
						  distributed from a single betting pool with a winning wager including each
						  betting interest participating in the dead heat provided each entrant has a
						  pari-mutuel show payout within its race.
(4) If there is a dead heat for second and/or
						  third in any of the first three races in a series of four designated Grand Slam
						  contests involving:
(i) horses representing
						  the same betting interest, the Grand Slam pool shall be distributed as if no
						  dead heat occurred;
(ii) horses
						  representing two or more betting interests, the Grand Slam pool shall be
						  distributed from a single betting pool with a winning wager including the
						  betting interest that finished first or any betting interest involved in the
						  dead heat for second or third providing the horse has a show pari-mutuel
						  payout.
(5) Should a
						  betting interest in any of the Grand Slam contests be scratched:
(i) the actual favorite, as evidenced by
						  total amounts wagered in the win pool at the host association for the contest
						  at the close of wagering on that contest, shall be substituted for the
						  scratched betting interest for all purposes, including pool calculations. In
						  the event that the win pool total for two or more favorites is identical, the
						  substitute selection shall be the betting interest with the greatest amount of
						  money in the place pool. The totalisator shall produce reports showing each of
						  the wagering combinations with substituted betting interests which became
						  winners as a result of the substitution, in addition to the normal winning
						  combination;
(ii) should a scratch
						  or scratches occur in any of the first three races in a series of four
						  designated Grand Slam contests and subsequently show wagering is cancelled due
						  to an insufficient number of remaining betting interests, this race for winning
						  Grand Slam wagering purposes would include the win and place horse
						  only.
(6) The Grand Slam
						  pool shall be canceled and all Grand Slam wagers for the individual performance
						  shall be refunded if at least two contests included as part of a Grand Slam
						  wager are canceled or declared "no contest."
(7) If at least one race included as part of
						  a Grand Slam wager is canceled or declared "no contest," but not more than the
						  number specified in paragraph (6) of this subdivision, the net pool shall be
						  distributed from a single betting pool to those bettors whose selections
						  finished first, second or third in the greatest number of Grand Slam contests
						  in the first three races in a series of four designated Grand Slam contests. In
						  determining a pari-mutuel distribution under this section, a finish of first in
						  the final and fourth designated Grand Slam contest race for the performance in
						  question shall have the same weight as a finish of first, second or third in
						  the greatest number of Grand Slam contests in the first three races in a series
						  of four designated Grand Slam contests.
(8) When the condition of the turf course
						  warrants a change of racing surface in any of the legs of the Grand Slam races,
						  and such change has not been made known to the betting public prior to the
						  close of wagering for the Grand Slam pool, the stewards shall declare the
						  changed leg(s) a "no contest" for Grand Slam wagering purposes and the pool
						  shall be distributed in accord with paragraph (7) of this
						  subdivision.
(9) Providing
						  information to any person regarding covered combinations, amounts wagered on
						  specific combinations, number of tickets sold, or number of live tickets
						  remaining prior to the third segment of the wager being made official is
						  strictly prohibited. This shall not prohibit necessary communication between
						  totalisator and pari-mutuel department employees for processing of pool
						  data.