RULES OF THE PARIMUTUEL POOLS AND THE TOTALISATOR 2018 - Revised April .

Transcription

SUPREME VENTURES RACING &ENTERTAINMENT LIMITEDRULES OF THE PARIMUTUEL POOLS AND THETOTALISATORREVISED APRIL 2018

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018RULES OF THE PARI-MUTUELCONTENTSInterpretation .Rule1General .2 - 34Pools:Win 35 - 39Place 40 - 48Double Event .49 - 62Triple 63 - 70Quinella 71 - 80Mega Quinella .81 - 95Exacta 96 - 105Mega Exacta .106 - 120Trifecta .121 - 130Superfecta .131 - 141Hi-Five 142 - 153Pick-4 .154 - 163Pick-5 .164 - 175Pick-6 .176 - 189Pick-7 .190 - 203Pick-8 .204 - 218Pick-9 .219 - 228Twin Trifecta . .229 - 247Tri-Superfecta . 248 - 270Four Play . . 271 - 290Quatro Cinco .291 - 315Placepot 6 .316 - 327Placepot 7 .328 - 340Placepot 8 .341 - 353Placepot 9 .354 - 366Placepot 10 .367 - 379Hit Six .380 - 393Administration 394 - 3981

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 20181. The following are the terms under which the pari-mutuel pools and the totalisator are operated inaccordance with paragraph 1 of the Third Schedule of the Betting, Gaming and Lotteries Act,1965.These terms shall be referred to as the “RULES OF THE PARl-MUTUEL POOLS AND THETOTALISATOR, 2018".INTERPRETATIONIn these rules “Act” means the Betting, Gaming and Lotteries Act;“Approved premises" means premises under the control of the promoter and approved by theCommission for the conduct of pari-mutuel betting on races held at that promoter’s licensed trackor at any host track and transmitted to such premises by live television broadcast;“Betting interest” means any contestant in a race on which bets are placed, and also means agroup of contestants representing a coupled entry or mutual field entered to run in the same race;“Betting unit” means the amount of the stake on any bet made by means of the totalisator in eachpool;“Combination” means one of the possible arrangements of two or more betting interests that maybe selected by persons placing certain bets by means of the totalisator;“Commission” means the Betting, Gaming and Lotteries Commission;“Contestant” means a single participant in a race;“Coupled Entry” means a grouping of two or more contestants entered to run in the same raceand a bet on one of such contestants shall be deemed to be a bet on all of them;“Dividend” means the amount of money declared to be paid on a winning bet as calculated inaccordance with these rules;“Exchange” means the replacement of a pari-mutuel ticket by the issue of another ticket for thesame or another race, as the case may be;"Finish" means the order by which each horse in a field is placed after the running of the saidrace. eg. 1st, 2nd 3rd, 4th.;“Host track” means any overseas track on which simulcast races, as defined in these rules,are conducted;“Licensed track” means a track in respect of which a track betting license is for the time being inforce;2

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018“Manager”, in relation to a pari-mutuel, means a person appointed by the promoter to conduct apari-mutuel for, or on behalf of, or by concession from, or as agent of the said promoter;2“Minor” means any person under the age of eighteen (18) years;“Mutuel field” means all the contestants in a race in excess of twenty four (24) which shallconstitute a single betting interest and a bet on one of such contestants shall be deemed to be a beton all of them;“Net Pool" means the amount of money which is distributed towards the payment ofdividends after the deduction from the stakes wagered in each pool, the Government tax, if anyand the promoter’s predetermined percentage;“Officially Posted” is the term used in the posting of a notice at the licensed track and at eachapproved premises of the official order of finish of betting interests at the end of each race;“Official Signal” means a signal given by the promoter to the effect that2 the results of a raceare authentic after being so advised by the stewards of the race meeting;“Pari-mutuel” means a system of betting whereby a number of persons make bets on terms thatthe winnings of such of those persons as are successful in such bets shall be or bea share of or are determined by reference to the stake money paid or agreed to be paid by thosepersons; “Pool” means the aggregate of all stakes accepted on each type of bet negotiated by the promoter;“Promoter” has the meaning under these rules as that given to “operator” as defined under theAct;“Racetrack”, under these rules, means any track, whether a licensed track or a host track;“Rules” means the Rules of the Pari-Mutuel Pools and the Totalisator, 2018, herein contained;“Scratched” means the removal of a betting interest from a race in which such betting interest isdeclared to start, and “scratch” has a corresponding meaning;“Steward” means any person appointed to supervise and adjudicate on the running of races at alicensed track or at a host track;“Simulcast races” means races conducted overseas which are transmitted by live televisionbroadcast to the licensed track and to approved premises simultaneously with the running of thoseraces;“Ticket” means an official betting ticket issued by the promoter under the provisions of theserules;“Totalisator” means the mechanism used in the conduct of pari-mutuel betting;3

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018“Under Starter’s Orders” is the term used to indicate the instant when each contestant in a racecomes under the control of the starter prior to the starting of such race;“Unit bet” means a bet made on the investment of a single betting unit.“Unit Stake” shall mean the amount paid as a single stake on any bet;GENERAL2.The operator of the totalisator at the licensed track (hereinafter referred to as “thepromoter”), the persons, clubs or companies authorised to conduct pari-mutuel betting atapproved premises on behalf of the said promoter shall be bound by these rules, andpersons placing bets with the totalisator shall be deemed to be subject to and shall bebound by these rules.3.A reference to the promoter under any of these rules shall mean, where the subject orcontext of such rule permits, a reference to those persons, clubs or companies authorisedby the promoter to conduct pari-mutuel betting on such promoter’s behalf.4.These rules shall apply to the conduct of pool betting on races conducted at the licensedtrack and at host tracks.5.It is provided, however, that, in so far as any number of these rules may relate to aspecific totalisator pool, nothing contained in such rules shall be construed as placing anobligation on the promoter to offer such pool at any time for the negotiation of bets.6.The promoter shall, before accepting bets in connection with any race, exhibit in aconspicuous position at the licensed track and at each of its approved premises a notice asis required by the Third Schedule of the Act specifying among other things, the amountof the unit stake which will be accepted by the totalisator in each pool.7.The promoter shall submit to the Commission for approval the name of the manager incharge of the pari-mutuel and, in the event that such promoter proposes that any poolshall be conducted by any person, club or company acting for, or on behalf of, or holdinga concession or agency from the said promoter, it shall submit to the Commission forapproval the name of the person, club or company who it is proposed by the saidpromoter shall conduct the said pool as aforesaid and such promoter shall state in whatcapacity it is proposed that such person, club or company shall conduct the said pool.8.(l) The promoter will not discontinue negotiation of bets in any pool oncebetting has commenced on a race on which such pool is conducted, except where thenumber of runners are reduced to less than the required amount of horsed needed toconduct such pool.4

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018(2) The pari-mutuel pools shall be conducted independently of one another.9.The purchaser of a ticket must verify the correctness of his purchase before leavingthe counter where such ticket was purchased, after which no complaints shall beentertained.10.In the event of a horse being scratched after a punter purchase his ticket, he maysurrender such ticket in exchange for another ticket for the same or higher cost in thesame pool prior to the closing of such pool. However, no cash refund will be granted.11.Tickets once bought shall not be exchanged except in respect of pools whichfor exchanges under these rules.12.A pari-mutuel ticket is evidence of the contribution to a pari-mutuel pool and of theobligation of the promoter to pay to the holder thereof such portion of the distributablepercentage of the pool as is represented by such ticket.13.Cancellation of a pari-mutuel ticket will be allowed only if such cancellation is requestedbefore the purchaser of the bet leaves the pari-mutuel window where such ticket wasissued.14.No complaint with regard to the correctness of a pari-mutuel ticket or the correctness ofchange or the payment of a dividend will be entertained unless such complaint is madebefore the complainant leaves the pari-mutuel window at which the transaction tookplace.15.(1) Contestants in a coupled entry or mutuel field shall be considered a single bettinginterest for purposes of dividend calculations and distribution of pools; a contestantrepresenting any such coupled entry or mutuel field which finishes in the earlier/earliestplace in a race shall be deemed to have finished in that position, and the contestant orcontestants not forming part of such coupled entry or mutuel field and finishingimmediately behind shall be placed in descending order thereafter. Except as otherwiseprovided in these rules, this rule shall apply in all circumstances, including situationsinvolving a dead heat.allow(2) In the event of any contestant in a coupled entry or mutuel field being scratched froma race, the remaining contestants in such coupled entry or mutuel field shall remain avalid betting interest and no refund of the stakes will be granted.(3) In the event of all contestants in a coupled entry or mutuel field being scratched froma race, the stakes on such coupled entry or mutuel field shall be refunded.16.All pari-mutuel machines shall be locked immediately after the start of each race and,thereupon, the negotiation of bets on such race shall cease, and in no case shall such parimutuel machines be unlocked until after the finish of the said race.17.Save as is hereinafter provided, where a betting interest in a race fails to come under5

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018Starter’s Orders, the value of the tickets on such betting interest or on a combinationincluding that betting interest shall not be included in any pool for the purpose ofcalculating dividends, and the price paid for such tickets shall be refunded.18.(1) Where a betting interest in a Simulcast race upon which tickets have been sold incontemplation of such betting interest being a starter in the race, is withdrawn or fails tocome under Starter‘s Orders, such betting interest shall be deemed a starter unless anannouncement of the scratch is made from the host track before the declaration ofdividends at the licensed track or at the promoter‘s approved premises.(2) The promoter shall have no obligation to enter a bet into a betting pool if unable to doso due to equipment failure.19.Whenever an objection against the results of a race-held at the licensed track or at a hosttrack has been lodged, any payment of dividends shall be in accordance with the decisionof the stewards of the race meeting.20.Before payment of dividend is made for any race, notices shall be posted at the licensedtrack and at each approved premises displaying the amount of each of such dividends.21.Dividends on races conducted at the licensed track shall be paid according to the order offinish of betting interests as officially posted at such licensed track and at each approvedpremises, without reference to any objection or appeal that may subsequently be made.22.In relation to simulcast races, dividends shall be paid according to the order of finish ofbetting interests as officially posted at the host track, or, failing this, as determined by anyother means approved by the Commission’s.23.Payment of dividends will be made only on presentation of official pari-mutuel tickets:torn or mutilated tickets or any tickets having alterations and/or erasures thereon will beaccepted for payment only at the discretion of an authorized representative of thepromoter.24.(a).Where there are any numbers of cents in the dividend payable in respect of eachbetting unit staked wagered by a person winning a bet, then such dividend shall bedeclared;(b).Round downward to the nearer number of dollars in such dividend if the cents is 0.74 and below.Round upward to the nearer number of dollars in such dividend if the cents is 0.75 or above25.In the event of the dividend in any pool being less than the value of the unit stake, thedeficit shall be made good by the promoter, except in the case of a dead heat beingdeclared for any of the winning places in such pool.6

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 201826.The percentage of the gross stakes of every pool to be retained by the promoter shall benotified to the public as required by the Third Schedule of the Act.27.Same as is hereinafter provided in these rules, where a race scheduled to be held at thelicensed track or at a host track is declared null and void or abandoned, or where nobetting interest finishes in the race, all stakes on such race shall be refunded in full topurchasers.28.(a) If a simulcast race is declared void for any reason by a host track, all bets shall berefunded in full, on surrender of tickets, provided that no refunds shall be made under thisrule after the official signal is displayed or any similar signal is given at the host track.(b) Authorised refund of the stake shall be made to purchaser of pari-mutuel tickets onlyupon the surrender of such tickets.29.No bets may be made by or on behalf of a minor and no dividend will be paid to a minoror to any one on behalf of a minor.30.No claim for payment of the amount payable on a winning bet shall be entertained laterthan ninety days after the running of the race in respect of which such bet was made.31.In the event of a host track terminating its racing programme, or, for any reason, thepromoter is unable to continue the conduct of betting on races being held at such hosttrack, the promoter shall, with the approval of the Commission, transfer any existingcarryover or jackpot pool accrued from races held at such host track to add to thecorresponding pool of any other host track chosen by the promoter.32.The unit stake in any bet with the totalisator shall be determined by the promoter, subjectto the approval of the Commission, and the promoter may, with the approval of theCommission, decrease or increase such unit stake in respect of any pools.33.Unless the Commission otherwise decides, at the time the pools are opened for betting,the promoter –(a) may offer betting in the Win and Place pools on all races with seven (7) or more bettinginterests scheduled to start;(b) shall prohibit betting in respect of the following pools on races with three (3) or fewerbetting interests scheduled to start: QuinellaExactaPlace(c) may prohibit betting in respect of the following pools on races with seven (7) or fewerbetting interests scheduled to start: TrifectaTwin Trifecta Superfecta Quatro Cinco7

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018 34.Hi-FiveFour Play Hit SixNotwithstanding other provisions in these rules, refunds of the entire pool shallbe made on:(a). Win pools, Place Pools, Exacta pools and first-half Double Event pools offered inraces where the number of betting interests has been reduced to fewerthan three (3);(b). Quinella pools, Trifecta pools and first-half Twin Trifecta pools offered in races wherethe number of betting interests has been reduced to fewer than four (4);(c). Superfecta pools offered in races where the number of betting interests has been reducedto fewer than five (5);(d). High-Five pools offered in races where the number of betting interestshas been reduced to fewer than six (6).(d) Hit-6 pools offered in races where the number of betting interests has been reduced tofewer than seven (7).8

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018WIN POOL35.A Win bet requires the selection of the betting interest to finish first in a race on whichthe promoter conducts a Win pool.36.The Win dividend shall be calculated by dividing the net Win pool by the value of unitbets selecting the betting interest finishing first:Provided that (a) if there are no bets selecting the betting interest finishing first, the dividend shall becalculated by dividing the net pool by the value of unit bets selecting the betting interestfinishing second;(b) if there are no bets selecting either of the betting interests finishing first or second, thedividend shall be calculated by dividing the net pool by the value of unit bets selecting thebetting interest finishing third;(c) if there are no bets selecting the betting interest finishing first or second or third, thestakes on all bets shall be refunded.37.If no betting interest finishes in a race, the stakes on all Win bets shall be refunded.38.If only one betting interest finishes in a race, the net Win pool shall be distributed on betsselecting such betting interest.39.If, in any race, a dead heat is declared for first place involving (a) contestants representing the same betting interest, the net Win pool shall be distributed onbets selecting such betting interest; or(b) contestants representing two or more betting interests, the net Win pool shall be dividedinto as many equal parts as there are selected betting interests involved in the dead heatand each such part shall be divided respectively by the total value of unit bets on eachsuch selected betting interest and separate dividends shall be declared.9

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018PLACE POOL40.A Place bet requires the selection of the betting interest to finish first, second or third in arace on which the promoter conducts a Place pool.41.Save as is hereinafter provided, the Place dividends shall be calculated by:(a) Deducting from the net Place pool the amounts wagered on the first three betting interestsfinishing in a race; the balance remaining being referred to hereinafter as “the profit”(b) Dividing the profit into three equal parts, one such part being assigned to the bettinginterest finishing first, another part assigned to the betting interest finishing second andthe final part assigned to the betting interest finishing third;(c) Dividing the amount in each part by the amount wagered on the betting interest to whichsuch part is assigned;(d) Adding to each part the unit stake of the wager.Provided that –(a) In the event there are no bets selecting one of the first three finishing betting interests in arace, the profit shall be distributed in the following manner:(i)The deductions from the net pool shall be the amounts wagered on the two coveredbetting interests included among the first three finishers in the race; the balanceremaining being the profit.(ii)The profit shall be divided into two equal parts and each part assigned to one orother of the two betting interests selected on bets;(iii)The amount in each part shall be divided by the amount wagered on the bettinginterest assigned to such part;(iv)The amount for addition to each part shall be the unit stake of the wager.(b) In the event there are no bets selecting two of the first three finishing betting interests in arace, the profit shall be distributed on bets selecting the one wagered betting interestincluded among the first three finishers;(c) In the event there are no bets selecting any of the first three finishing betting interests in arace, the stakes on all Place bets shall be refunded.42.In the event that contestants in a coupled entry or mutuel field finish as two of the firstthree finishers in any race, two-thirds of the profit shall be distributed on those bets10

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018selecting the coupled entry or mutuel field, and one-third of such profit shall bedistributed on those bets selecting the other betting interest included among the first threefinishers.42.1In the event that contestants in a coupled entry or mutuel field finish in the first three orfirst two places in any race for which of the two place pool rule is applicable, the profitshall be distributed on those bets selecting the coupled entry or mutuel field.43.If no betting interest finishes in a race, the stakes on all Place bets shall be refunded.44.If, in any race, a dead heat is declared for first place involving:(a) two contestants representing the same betting interest or separate betting interests,two thirds of the profit shall be distributed on bets selecting such two contestantsfinishing first and one-third distributed on bets selecting the betting interest nextfinishing; or(b) three contestants representing a single betting interest, the profit shall bedistributed on bets selecting such a betting interest; or(c) contestants representing three or more betting interests, the profit shall bedistributed on those bets selecting the betting interests involved in the dead heat.45.If, in any race, a dead heat is declared for second place involving:(a)contestants representing the same betting interest, the profit shall be distributed,subject to rule 43 herein, as follows: (b)contestants representing two or more betting interests, the profit shall bedistributed, subject to rule 43 herein, as follows – 46.one-third thereof on bets selecting the betting interest finishing first, andtwo-thirds thereof equally on those bets selecting the betting interest involved inthe dead heat for second place; orone-third thereof on bets selecting the betting interest finishing first, andtwo-thirds thereof equally on those bets selecting the betting interests involved inthe dead heat for second place.If, in any race, a dead heat is declared for third place involving:11

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018(a) contestants representing the same betting interest, the profit shall be distributed, subject torules 42 and 43 herein, as follows two-thirds thereof on bets selecting the betting interests finishing first and second,andone-third thereof on bets selecting the betting interest involved in the dead heat forthird place; or(b) contestants representing two or more betting interests, the profit shall be distributed,subject to rules 42.1 and 43 herein, as follows: two-thirds thereof on bets selecting the betting interests finishing first and second,andone-third thereof equally on those bets selecting the betting interests involved inthe dead heat for third place.47.Whenever there is a dead heat for any of the three places in a race to which the Place betrelates, the profit shall be divide in terms of rule 43, 44 or 45, as the case may be, andthe dividends declared accordingly.48.Notwithstanding rule 40 - 47;If the number of horses starting in any race reduce to less than seven horses, after whichwagering for such race has been displayed following the immediate preceding race, thepool will be operated on the remaining number of betting interests and the followingpayment calculation will take precedence;(a(b(c(ddeducting from the net Place pool the amounts wagered on the firsttwo betting interests finishing in a race; the balance remaining being referred tohereinafter as ''the profit;'dividing the profit into two equal parts, one such part being assigned to thebetting interest finishing first and the final part assigned to the betting interestfinishing second;dividing the amount in each part by the amount wagered on the betting interestto which such part is assigned;adding to each part the unit stake of the wager.Provided that:(a)In the event there are no bets selecting one of the first two finishingbetting interests in a race, the profit shall be distributed on bets selecting the one wageredbetting interest included among the first two finishers;(b)In the event there are no bets selecting any of the first two finishingbetting interests in a race, the stakes on all Place bets shall be refunded.12

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018DOUBLE EVENT POOL49.A Double Event bet requires the selection of the betting interest to finish first in each oftwo consecutive races nominated by the promoter for the conduct of a Double Eventpool.50.(1)Betting in the Double Event pool shall be conducted on a rolling basis, asexamples, on races 1 and 2, on races 2 and 3, on races 3 and 4, and so on, as such racesappear on the racing programme.(2)Purchasers of bets in the Double Event pool shall make their selections for thetwo races prior to the running of the first race in such pool.51.If there are no bets selecting the combination of betting interests finishing first in each ofthe two races of the Double Event, the net Double Event pool (hereinafter referred to as“the Double Event carryover”) shall be carried over and added to the net pool of the nextDouble Event to be conducted on the promoter’s racing programme from the sameracetrack: the aggregate of these amounts shall be deemed the new Double Event pooland shall hereinafter be referred to as “the Double Event jackpot” on which thedividend shall be calculated:Provided that the net pool of the next Double Event shall be the pool which is conductedimmediately following the pool in respect of which the carryover amount accrued.52.Until there are winning bets in the Double Event pool, the amount of any Double Eventjackpot shall be the Double Event carryover.53.The Double Event dividend shall be calculated by dividing the net Double Event pool orany Double Event jackpot, whichever is applicable, by the value of unit bets selecting thecombination of betting interests finishing first in the two races of the Double Event.54.In the event of a betting interest in the first race of the Double Event being scratchedprior to the running of such race, the stakes on all bets which include the scratchedbetting interest shall be refunded.55.In the event of a betting interest in the second race of the Double Event being scratchedprior to the close of betting on the first race, the stakes on all bets which include thescratched betting interest shall be refunded.13

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 201856.In the event of either race of the Double Event being cancelled or abandoned prior to therunning of the first race of such Double Event, the stakes on all bets shall be refunded,but such refund shall not include any Double Event carryover or any Double Eventjackpot.57.In the event of the second race of the Double Event being cancelled or abandoned afterthe running of the first race of the Double Event, the net pool shall be distributed as aWin pool on Double Event bets which include the betting interest finishing first in thefirst race of the Double Event; but if there are no such bets, then such net pool shall bethe Double Event carryover or shall form part of such carryover, as the case may be.58.Where a betting interest in the second race of the Double Event is scratched after the startof the first race of that Double Event and there are bets on the combination of the bettinginterest finishing first in the first race and that scratched betting interest, the value of thebets on combinations comprising any betting interest in the first race and that scratchedbetting interest in the second race shall be deducted from the Double Event pool and shallform the pool which shall hereinafter be referred to as “the Special Double”.59.The dividend payable on the Special Double of the Double Event shall be calculated bydividing the net pool of the Special Double by the value of unit bets on the combinationof the betting interest finishing first in the first race of the Double Event and the bettinginterest in the second race that was scratched after the start of the first race.60.Before the running of the second race of the Double Event, the promoter shall post thedividends payable on the combinations of the betting interest finishing first in the firstrace of such Double Event with each betting interest declared to run in such second race.In the event a dead heat is declared for first place in the first race of the Double Event,such dividends will not be posted.61.If, in any race, a dead heat is declared for first place in either race of the Double Event,involving:62.(a)contestants representing the same betting interest, the Double Event pool shall bedistributed on bets combining the betting interest involved in the dead heat withthe betting interest finishing first in the other race of the Double Event; or(b)contestants representing two or more betting interests, the Double Event poolshall be distributed on bets combining any betting interest involved in the deadheat with the betting interest finishing first in the other race of the Double Event.Whenever there is a dead heat for any of the two places to which the Double

RULES OF THE PARI-MUTUEL POOLS AND THE TOTALISATOR, 2018 3 "Manager", in relation to a pari-mutuel, means a person appointed by the promoter to conduct a pari-mutuel for, or on behalf of, or by concession from, or as agent of the said promoter; 2 "Minor" means any person under the age of eighteen (18) years;