Virginia Administrative Code › Title 11 - GAMING › Agency 10 - VIRGINIA RACING COMMISSION › Chapter 20 - REGULATIONS PERTAINING TO HORSE RACING WITH PARI-MUTUEL WAGERING › Part III - Pari-Mutuel Wagering › Section 11VAC10-20-330 - Multiple wagering

Current through Register Vol. 40, No. 24, July 15, 2024
A.
				  Generally. Daily double, quinella, exacta, trifecta, quinella double, pick (n),
				  twin trifecta, and superfecta pari-mutuel wagering pools shall be considered
				  "multiple wagering." In any race or races, the daily double, quinella, exacta,
				  trifecta, quinella double, pick (n), twin trifecta, and superfecta pools are
				  treated separately and the distribution of the pools are calculated
				  independently of each other. The "net pool" to be distributed shall be all sums
				  wagered in the pool, less retainage and breakage, as defined
				  elsewhere.
B. Daily double pools.
				  The daily double wager is the purchase of a pari-mutuel ticket to select the
				  two horses that will finish first in the two races specified as the daily
				  double. If either of the selections fails to win, the pari-mutuel ticket is
				  void, except as otherwise provided. The amount wagered on the winning
				  combination, the horse or wagering interest which finishes first in the first
				  race coupled with the horse or wagering interest finishing first in the second
				  race of the daily double, is deducted from the net pool to determine the
				  profit. The profit is divided by the amount wagered on the winning combination,
				  the quotient being the profit per dollar wagered on the winning daily double.
				  The return to the holder includes the amount wagered and the profit. In
				  addition, the following provisions apply to daily double pools:
1. If there is a dead heat for first
				  including two different wagering interests in one of the two daily double
				  races, the daily double pool is distributed as if it were a place pool, with
				  one-half of the net pool allocated to wagers combining the single winner of one
				  daily double race and one of the wagering interests involved in the dead heat
				  in the other daily double race, and with the other one-half of the net pool
				  allocated to the wagers combining the single winner of one daily double race
				  and the other wagering interest involved in the dead heat in the other daily
				  double race.
2. If there are dead
				  heats for first involving different wagering interests in each of the daily
				  double races which result in winning combinations, the net pool shall be
				  allocated equally to the winning combinations after first deducting from the
				  net pool the amount wagered on all winning combinations for proportionate
				  allocation to the winning daily double combinations.
3. If no daily double ticket is sold
				  combining the horse or wagering interest which finishes first in one of the
				  daily double races, the daily double pool is distributed as if it were a win
				  pool, with the net pool allocated to wagering combinations which include the
				  horse or wagering interest which finished first in one of the daily double
				  races.
4. If no daily double ticket
				  is sold combining the horses or wagering interests which finish first in both
				  the first and second race of the daily double, then the winning combinations
				  for distribution of the daily double profit shall be that combining the horses
				  or wagering interests which finished second in each of the daily double
				  races.
5. If, after daily double
				  wagering has begun, a horse not coupled with another as a wagering interest in
				  the first race of the daily double is excused by the stewards or is prevented
				  from obtaining a fair start, then daily double wagers combining the horse shall
				  be deducted from the daily double pool and shall be promptly
				  refunded.
6. If, after the first
				  race of the daily double has been run, a horse not coupled with another as a
				  wagering interest in the second race of the daily double is excused by the
				  stewards or prevented from obtaining a fair start, then daily double wagers
				  combining the winner of the first daily double race with the horse, which was
				  excused or was prevented from obtaining a fair start, shall be allocated a
				  consolation daily double.
7.
				  Consolation daily double payoffs shall be determined by dividing the net daily
				  double pool by the amount wagered combining the winner of the first daily
				  double race with every horse or wagering interest scheduled to start in the
				  second daily double race, the quotient being the consolation payoff per dollar
				  wagered combining the winner of the first daily double race with the horse
				  prevented from racing in the second daily double race. The return to the holder
				  includes the amount wagered and the profit. The consolation payoff shall be
				  deducted from the net daily double pool before calculation and allocation of
				  wagers on the winning daily double combination.
8. If for any reason the first race of the
				  daily double is cancelled and declared "no contest" a full and complete refund
				  shall be promptly made of the daily double pool.
9. If for any reason the second race of the
				  daily double is cancelled and declared "no contest," the net daily double pool
				  shall be paid to the holders of daily double tickets which include the winner
				  of the first race. If no such ticket is sold, then the net daily double pool
				  shall be paid to the holders of daily double tickets which include the second
				  place horse. If no daily double tickets were sold on the second place horse,
				  then the licensee shall make a prompt refund.