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TITLE 16ECONOMIC REGULATION
PART 8TEXAS RACING COMMISSION
CHAPTER 321PARI-MUTUEL WAGERING
SUBCHAPTER CREGULATION OF LIVE WAGERING
DIVISION 2DISTRIBUTION OF PARI-MUTUEL POOLS
RULE §321.309Exacta

(a) The exacta is not a parlay and has no connection with or relation to the win, place, and show pools shown on the tote board. All tickets in an exacta race shall be calculated as a separate pool.

(b) When purchasing an exacta ticket, the patron shall designate the exact order of finish for the first and second place animals.

(c) If any part of a coupled entry or mutuel field is a starter, the association may not refund money wagered under this section to persons wagering on the entry or field, regardless of whether any part of the entry or field failed to start. For purposes of this section, if a part of the entry or field finishes first, the order of finish of the other animals in the entry or field shall be disregarded in determining which animal finished second.

(d) If after wagering has begun an animal entered in an exacta race is scratched or otherwise prevented from racing, all money wagered on the affected animal shall be deducted from the exacta pool and refunded to the holders of tickets on the affected animal.

(e) If no ticket is sold on the winning combination in an exacta race, the net pool shall be distributed among the holders of tickets selecting the winner to finish first. If no such ticket is sold, the net pool shall be distributed among the holders of tickets selecting the second place animal to finish second.

(f) If a race ends in a dead heat for first place, the net pool shall be calculated and distributed as a place pool to holders of the winning combination.

(g) If a race ends in a dead heat for second place, all tickets designating the appropriate animal to win coupled with any of the second place animals are winners and the pool shall be distributed as a place pool.

(h) If a race ends in a dead heat for second place and no ticket is sold on any of the winning combinations, the net pool shall be calculated and distributed to the holders of tickets that designated the winner or any of the second place animals according to their respective interest in the net pool.

(i) If a race ends in a dead heat for first among more than two animals, the net pool shall be calculated and distributed as a profit for split to holders of tickets designating any two of the animals participating in the dead heat.

(j) If no ticket is sold that would require distribution under this section, the exacta is considered "no contest" and the association shall carry forward all money wagered in the exacta pool to the next consecutive exacta pool.


Source Note: The provisions of this §321.309 adopted to be effective April 1, 2001, 26 TexReg 2160

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