Code of Vermont Rules › Agency 80 - ADMINISTRATIVE AND ADVISORY AGENCIES › Sub-Agency 210 - RACING COMMISSION › Chapter 005 - TWIN TRIFECTA › Section 80 210 005 - TWIN TRIFECTA

Current through June, 2024
Rule No.172.4 Twin Trifecta
(a) No Twin Trifecta wagering shall be
			 conducted without permission of the Commission. The races in which the Twin
			 Trifecta pari-mutuel wagering will be permitted shall only be those designated
			 by the Commission and a separate pool shall be established therefor.
(b) The rules for Twin Trifecta shall be
			 noticed to the public as directed by the Commission.
(c) The Twin Trifecta is a form of
			 pari-mutuel wagering in which the bettor selects the three horses or dogs that
			 will finish 1st, 2nd, and 3rd in each of the two designated races in the exact
			 order as officially posted.
(d)
			 Twin Trifecta tickets shall be sold only at Twin Trifecta windows by the
			 licensee and only from automatic double issue machines, unless the commission
			 shall otherwise permit.
(e) Each
			 bettor purchasing Twin Trifecta tickets shall designate his three selections as
			 the first 3 horses or dogs for finish in that order in the first race of the
			 designated two races.
(f) After the
			 wagering closes for the first half of the Twin Trifecta, the commissions will
			 be deducted from the pool in accordance with the laws of the State of Vermont.
			 The remaining pool will then be divided into two separate pools of equal
			 amounts.
(g) The monies in the
			 first part of the divided pool will be distributed to the holders of Twin
			 Trifecta tickets selecting the first three horses or dogs, in order, on the
			 first designated Twin Trifecta race, in accordance with the established
			 pari-mutuel practice.
The term, "First part of divided pool", shall mean one-half of
				the net distributable pool of the total monies wagered in the Twin Trifecta on
				the current days program only and, specifically excluded therefrom shall be any
				carry over of any special cumulative second race Twin Trifecta pool from any
				previous day's program.
(h)
			 The second part of the divided pool will be placed in a separate pool to be
			 distributed to holders of "second half" Twin Trifecta tickets selecting the
			 first three horses or dogs, in order, on the second designated Twin Trifecta
			 race, in accordance with the established pari-mutuel practice.
(i) In the first half of the Twin Trifecta
			 only, if there is a failure to select, in exact order, the first three horses
			 or dogs, payoffs shall be made on Twin Trifecta tickets selecting in the
			 following order of priority:
(i) The first
			 two horses or dogs in exact order, (if no such ticket is outstanding, then)
			 (ii) The first horse or dog, and any such ticket within the applicable above
			 order of priority shall be deemed a winning ticket. In the event (i) or
(ii) occurs normal payoffs for the
			 first half will be made. However there will be no exchange and the second
			 portion of the divided pool will be carried over to the next performance (iii)
			 Failure to select winner to win, regardless of the selection of the exact order
			 of the second and/or third horse or dog shall cause a refund of all Twin
			 Trifecta tickets.
(j)
			 After the official declaration of the first three horses or dogs to finish in
			 the first race of the Twin Trifecta, each bettor holding a winning ticket must,
			 prior to the running of the second Twin Trifecta race, exchange such winning
			 ticket for both the monetary value established by the mutuels department and a
			 Twin Trifecta exchange ticket at the specified windows and at such time shall
			 select the three horses or dogs to finish in the second race of the Twin
			 Trifecta in exact order as officially posted. No further money shall be
			 required of the holders of the winning ticket in order to make the exchange.
(i) No person shall disclose the number of
			 winning Twin Trifecta tickets eligible for exchange in the second Twin Trifecta
			 race, nor shall any person disclose any information regarding those tickets
			 during the exchange process until the race terminating the Twin Trifecta has
			 been declared official.
(k) No Twin Trifecta exchange ticket upon the
			 second race shall be issued except upon surrender of the Twin Trifecta tickets
			 from the first race as described in these rules. Twin Trifecta windows, for the
			 purpose of cashing and exchanging winner tickets, shall be open for the purpose
			 of making exchange as described only after the first race has been declared
			 official and such windows shall close when wagering closes for the second race
			 of the Twin Trifecta at the start of the second race of the Twin Trifecta
			 races.
(l) If a winning Twin
			 Trifecta ticket from the first race is not presented for cashing and exchange
			 within the time provided, the bettor may still collect the monetary value
			 attached to the ticket but forfeits all rights to any distribution of the
			 second race Twin Trifecta pool.
(m)
			 If a horse or dog is scratched in the first race of the Twin Trifecta races,
			 all Twin Trifecta tickets on the scratched horse or dog will be refunded. If a
			 horse or dog is scratched in the second race of the Twin Trifecta races, public
			 address announcements will be made and reasonable time will be given for
			 exchange of tickets on the scratched horse or dog. IN HARNESS HORSE RACING, for
			 the second race of the Twin Trifecta only, all horses will be considered
			 "official starters" once the field reaches the sixteenth pole prior to the
			 starting point.
(n) In the event of
			 a dead heat or dead heats in either the first or second race of the Twin
			 Trifecta, all Twin Trifecta tickets selecting the correct order of finish,
			 counting a horse or dog in a dead heat as finishing in any position dead
			 heated, shall be winning tickets, and contrary to the usual practice, the
			 aggregate number of winning tickets shall be divided into the net pool and be
			 paid the same pay-off price.
(o) In
			 the event there is no Twin Trifecta ticket issued accurately selecting the
			 officially declared first three finishers of the second Twin Trifecta race, in
			 the exact order, such second race pool, as divided earlier, shall be held for
			 the next consecutive racing day or night and combined with that program's
			 second race Twin Trifecta pool. Distribution of this special cumulative second
			 race Twin Trifecta pool will be made only upon the accurate selection, in the
			 exact order, of the first three officially declared finishers of the second
			 Twin Trifecta race.
(p) If for any
			 reason, the second half of the Twin Trifecta is not declared official, the
			 winning ticket holders who have cashed their tickets of the first half and have
			 received an exchange ticket, will be entitled to the remaining amounts of the
			 current programs divided pool.
(i) In the
			 second half of the Twin Trifecta should any horse or horses be prevented from
			 starting due to a malfunction of the starting gate the race shall be declared
			 not official for Twin Trifecta purposes. The winning ticket holders who have
			 cashed their tickets of the first half and have received an exchange for the
			 second half will be entitled to the remaining amounts of the current programs
			 divided pool.
In the event the accumulated second half of the divided pool
				shall not be eligible for distribution on the final racing performance of any
				racing meet, under these rules, then the rule adopted in section (i) hereof for
				the first half of the Twin Trifecta shall apply to holders of exchange tickets
				and the accumulated second half pool shall be distributed accordingly, and, if
				there be no exchange ticket holders qualifying at such final performance, then
				the accumulated second half pool shall be distributed to the winners of the
				first half of the Twin Trifecta pool at such final performance in like
				proportions.
(q)
			 Sales of the Twin Trifecta tickets other than from pari-mutuel machines or from
			 one individual to another shall be deemed illegal and prohibited.
(r) There will be no "coupled entries" or
			 "fields" in the races on which there is Twin Trifecta wagering.
(s) The Twin Trifecta pool shall be held
			 entirely separate from all other pools, and is no part of a daily double,
			 perfecta, trifecta or other wagering pool.
(t) Notwithstanding anything in this rule
			 contained to the contrary the Commission may, at the close of any Twin Trifecta
			 event and prior to the commencement of ticket sales for the next ensuing racing
			 performance, or at any time previous to the commencement of any race meeting,
			 declare a cap or limit on the aggregate amount to be accumulated in the carried
			 over second half pool of the Twin Trifecta, which shall be no less than the
			 amount, if any, on such date already held in such pool. In such event, until
			 such carried over pool shall have been distributed pursuant to this rule, at
			 each succeeding Twin Trifecta performance no pool division as in (f) hereof
			 shall be effected and the entire pool for each such Twin Trifecta first half
			 race shall be distributed as the first half pool is distributed pursuant to
			 this rule.