Washington Administrative Code › Title 260 - Horse Racing Commission › Chapter 260-48 - Mutuels › Section 260-48-920 - Pick (n) pools

Current through Register Vol. 24-14, July 15, 2024
(1) The pick (n)
			 requires selection of the first-place finisher in each of a designated number
			 of races. The association must obtain written approval from the executive
			 secretary concerning the scheduling of pick (n) races, the designation of one
			 of the methods prescribed in part (2), and the amount of any cap to be set on
			 the carryover. The number of races so designated must be more than three (3),
			 but no greater than ten (10). Any changes to the approved pick (n) format
			 require prior approval from the executive secretary.
(2) The pick (n) pool will be apportioned
			 under one of the following methods:
(a) Method
			 1, pick (n) with carryover: The net pick (n) pool and carryover, if any, will
			 be distributed as a single price pool to those who selected the first-place
			 finisher in each of the pick (n) races, based upon the official order of
			 finish. If there are no such wagers, then a designated percentage of the net
			 pool will be distributed as a single price pool to those who selected the
			 first-place finisher in the greatest number of pick (n) races; and the
			 remainder will be added to the carryover.
(b) Method 2, pick (n) with minor pool and
			 carryover: The major share of the net pick (n) pool and the carryover, if any,
			 will be distributed to those who selected the first-place finisher in each of
			 the pick (n) races, based upon the official order of finish. The minor share of
			 the net pick (n) pool will be distributed to those who selected the first-place
			 finisher in the second greatest number of pick (n) races, based upon the
			 official order of finish. If there are no wagers selecting the first-place
			 finisher of all pick (n) races, the minor share of the net pick (n) pool will
			 be distributed as a single price pool to those who selected the first-place
			 finisher in the greatest number of pick (n) races; and the major share will be
			 added to the carryover.
(c) Method
			 3, pick (n) with no minor pool and no carryover: The net pick (n) pool will be
			 distributed as a single price pool to those who selected the first-place
			 finisher in the greatest number of pick (n) races, 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 will
			 be distributed to those who selected the first-place finisher in the greatest
			 number of pick (n) races, based upon the official order of finish. The minor
			 share of the net pick (n) pool will be distributed to those who selected the
			 first-place finisher in the second greatest number of pick (n) races, 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) races, the minor
			 share of the net pick (n) pool will 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) races. 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 will be distributed to those who selected the first-place
			 finisher in each of the pick (n) races, based upon the official order of
			 finish. The minor share of the net pick (n) pool will be distributed to those
			 who selected the first-place finisher in the second greatest number of pick (n)
			 races, based upon the official order of finish. If there are no wagers
			 selecting the first-place finisher in all pick (n) races, the entire net pick
			 (n) pool will be distributed as a single price pool to those who selected the
			 first-place finisher in the greatest number of pick (n) races. If there are no
			 wagers selecting the first-place finisher in a second greatest number of pick
			 (n) races, the minor share of the net pick (n) pool will 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) races. If there are no winning
			 wagers, the pool is refunded.
(f)
			 Method 6, pick (n) with minor pool, jackpot pool, major carryover and jackpot
			 carryover: Predetermined percentages of the net pick (n) pool will be set aside
			 as a major pool, minor pool and jackpot pool. The major share of the net pick
			 (n) pool and the major carryover, if any, will be distributed to those who
			 selected the first-place finisher of each of the pick (n) races, based upon the
			 official order of finish. If there are no tickets selecting the first-place
			 finisher in each of the pick (n) races, the major net pool will be added to the
			 major carryover. If there is only one single ticket selecting the first-place
			 finisher of each of the pick (n) races, based upon the official order of
			 finish, the jackpot share of the net pick (n) pool and the jackpot carryover,
			 if any, will be distributed to the holder of that single ticket, along with the
			 major net pool and the major carryover, if any. If more than one ticket selects
			 the first-place finisher of each of the pick (n) races the jackpot net pool
			 will be added to the jackpot carryover. The minor share of the net pick (n)
			 pool will be distributed to those who selected the first-place finisher of the
			 second greatest number of pick (n) races, based upon the official order of
			 finish. If there are no wagers selecting the first-place finisher of all pick
			 (n) races, the minor net pool of the pick (n) pool will be distributed as a
			 single price pool to those who selected the first-place finisher of the
			 greatest number of pick (n) races.
(g) Method 7, with carryover and "Unique
			 Winning Ticket" provision: The net pick (n) pool and carryover, if any, shall
			 be distributed to the holder of a single, unique winning ticket that selected
			 the first-place finisher in each of the pick (n) races, based upon the official
			 order of finish. If there is more than one ticket selecting the first-place
			 finisher in each of the pick (n) races, the major share of the net pick (n)
			 pool will be distributed as a single price pool to those ticket holders, and
			 the minor share will be added to the carryover. If there are no tickets
			 selecting the first-place finisher in each of the pick (n) races, the major
			 share of the net pick (n) pool will be distributed to those who selected the
			 first-place finisher in the greatest number of pick (n) races, and the minor
			 share will be added to the carryover. If there are no tickets that selected at
			 least one first-place finisher in any of the pick (n) races, the day's net pool
			 is refunded and the previous carryover pool amount, if any, shall be carried
			 over to the next scheduled corresponding pool.
(h) Method 8, pick (n) with the pool split
			 into three shares, one share having a carryover: The share percentages are
			 determined by the pool host and approved by the executive secretary. The first
			 share of the net pick (n) pool and the carryover, if any, will be distributed
			 to those who selected the first-place finisher in each of the pick (n) races,
			 based upon the official order of finish. The second share of the net pick (n)
			 pool will be distributed to those who selected (n-1) of the pick (n) races,
			 based upon the official order of finish and a third share of the pick (n) pool
			 will be distributed to those who selected (n-2) of the pick (n) races, based
			 upon the official order of finish. If there are no wagers selecting the
			 first-place finisher of all pick (n) races, the first share will be added to
			 the carryover. If there are no wagers selecting (n-1) of the pick (n) races,
			 the second share will be added to the carryover. If there are no wagers
			 selecting (n-2) of the pick (n) races, the third share will be added to the
			 carryover. Where there is no correct selection of the first-place finisher in
			 at least one of the pick (n) races, based upon the official order of finish,
			 the day's net pool will be refunded and the previous carryover pool amount, if
			 any, will be carried over to the next scheduled corresponding pool.
(i) Method 9, pick (n) with pool split into
			 three shares, with carryovers, and a "Unique Winning Ticket" provision: The
			 share percentages are determined by the pool host and approved by the executive
			 secretary. The first share of the net pick (n) pool and the first share
			 carryover, if any, will be distributed to those who selected the first-place
			 finisher in each of the pick (n) races, based upon the official order of
			 finish. The second share of the net pick (n) pool will be distributed to those
			 who selected the first-place finisher in the second greatest number of pick (n)
			 races, based upon the official order of finish. If there are no wagers
			 selecting the first-place finisher of all pick (n) races, the second share of
			 the net pick (n) pool will be distributed as a single price pool to those who
			 selected the first-place finisher in the greatest number of pick (n) races, and
			 the first share will be added to the first share carryover. The third share and
			 the third share carryover, if any, will be distributed to the holder of a
			 unique winning ticket that selected the first-place finisher in each of the
			 pick (n) races, based upon the official order of finish. If there is no unique
			 winning ticket selecting the first-place finisher in each of the pick (n)
			 races, the third share shall be added to the third share carryover. For greater
			 certainty, the holder of a unique winning ticket shall receive both the first
			 share, and first share carryover, if any, as well as the third share, and the
			 third share carryover, if any. Where there is no correct selection of the
			 first-place finisher in at least one of the pick (n) races, based upon the
			 official order of finish, the day's net pool will be refunded and the previous
			 carryover pool(s) amount(s), if any, will be carried over to the next scheduled
			 corresponding pool. In obtaining authorization for operating the pick (n) pool
			 under this subsection, associations must clearly identify which definition
			 under subsection (15) of this section will be relied upon for determining the
			 existence of a unique winning ticket.