Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0520 - Pick (n) Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Pick (n)
			 requires selection of the first-place finisher in each of a designated number
			 of contests. The race meet licensee must obtain written approval from the
			 commission concerning the scheduling of Pick (n) contests, the designation of
			 one of the methods prescribed in Part (2) 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.
(2)
			 The Pick (n) pool shall be apportioned under one of the following methods:
(a) Method 1, 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.
(b) Method 2, Pick (n)
			 with Minor Pool 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 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.
(c) Method 3, Pick (n) with No Minor Pool and
			 No Carryover: The net Pick (n) pool shall be distributed as a single 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.
(d)
			 Method 4, 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 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 (1), the major and
			 minor shares are combined for distribution as a single price pool. If there are
			 no winning wagers, the pool is refunded.
(e) Method 5, 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
			 on the official order of finish. The minor share of the 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 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 the
			 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.