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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 §321.315Tri-Superfecta

    (F) As a single price pool to those whose combination correctly selected the second-place betting interest; but if there are no such wagers, then

    (G) As a single price pool to those whose combination correctly selected the third-place betting interest.

  (2) Notwithstanding subsections (e) and (t) of this section, on the last performance of a race meeting or a designated mandatory payout performance, if there are no wagers selecting the finishers in the order described in paragraph (1) of this subsection and there is a carryover, all first-half tickets are considered winners and the tri-superfecta pool for that performance and the tri-superfecta carryover shall be distributed equally among them.

  (3) Notwithstanding subsections (e) and (t) of this section, on the last performance of a race meeting or a designated mandatory payout performance, if there are no wagers selecting the finishers in the order described in paragraph (1) of this subsection and there is no carryover, the tri-superfecta shall be canceled and the entire tri-superfecta pool shall be refunded.

(s) Notwithstanding subsections (f) and (t) of this section, on the last performance of a race meeting or on a designated mandatory payout performance, the following precedence will be followed in determining winning tickets for the second-half of the tri-superfecta:

  (1) As a single price pool to those whose combination finished in correct sequence as the first four betting interests; but if there are no such wagers, then

  (2) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then

  (3) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then

  (4) As a single price pool to those whose combination correctly selected the first-place betting interest; but if there are no such wagers, then

  (5) As a single price pool to those whose combination included, in correct sequence, the second-place betting interests; but if there are no such wagers, then

  (6) As a single price pool to those whose combination correctly selected the third-place betting interest; but if there are no such wagers, then

  (7) As a single price pool to those whose combination correctly selected the fourth-place betting interest; but if there are no such wagers, then

  (8) As a single price pool to holders of valid exchange tickets; but if there are no such persons, then

  (9) As a single price pool to holders of outstanding first-half winning tickets.

(t) Cap on Carryover.

  (1) The tri-superfecta carryover may be capped at a designated level approved by the executive secretary so that if, at the close of any performance, the amount in the tri-superfecta carryover equals or exceeds the designated cap, the tri-superfecta carryover will be frozen until it is won or distributed under other provisions of this section. After the tri-superfecta carryover is frozen, 50% of the tri-superfecta pool shall be distributed to winners of the first tri-superfecta contest using the following precedence:

    (A) As a single price pool to those whose combination finished in correct sequence as the first three betting interests; but if there are no such wagers, then

    (B) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then

    (C) As a single price pool to those whose combination included, in correct sequence, the first and third betting interests; but if there are no such wagers, then

    (D) As a single price pool to those whose combination correctly selected the first-place betting interest; but if there are no such wagers, then

    (E) As a single price pool to those whose combination included, in correct sequence, the second and third betting interests; but if there are no such wagers, then

    (F) As a single price pool to those whose combination correctly selected the second-place betting interest; but if there are no such wagers, then

    (G) As a single price pool to those whose combination correctly selected the third-place betting interest; but if there are no such wagers, then

    (H) the tri-superfecta shall be canceled and the entire tri-superfecta pool for that performance shall be refunded.

  (2) After the tri-superfecta carryover is frozen, exchange tickets will be issued for winning tickets of the first half of the tri-superfecta pool as determined in paragraph (1) of this subsection. The second-half tri-superfecta pool shall be distributed according to the following precedence, based upon the official order of finish for the second tri-superfecta race:

    (A) As a single price pool, including the carryover, to those who received an exchange ticket under paragraph (1)(A) of this subsection, and whose combination finished in correct sequence as the first four betting interests of the second leg of the tri-superfecta pool; but if there are no such tickets, then

    (B) Fifty percent (50%) of the tri-superfecta pool for that performance only shall be distributed in the following precedence:

      (i) As a single price pool to those whose combination include, in correct sequence, the first four betting interests of the second leg of the tri-superfecta pool; but if there are no such wagers, then

      (ii) As a single price pool to those whose combination included, in correct sequence, the first three betting interests; but if there are no such wagers, then

      (iii) As a single price pool to those whose combination included, in correct sequence, the first two betting interests; but if there are no such wagers, then

      (iv) As a single price pool to those whose combination correctly selected the first-place betting interest; but if there are no such wagers, then

      (v) As a single price pool to those whose combination included, in correct sequence, the second-place betting interests; but if there are no such wagers, then

      (vi) As a single price pool to those whose combination correctly selected the third-place betting interest; but if there are no such wagers, then

      (vii) As a single price pool to those whose combination correctly selected the fourth-place betting interest; but if there are no such wagers, then

      (viii) As a single price pool to holders of valid exchange tickets; but if there are no such persons, then

      (ix) As a single price pool to holders of outstanding first-half winning tickets.

(u) The tri-superfecta carryover shall be designated for mandatory payout on a specified date and performance only under the following circumstances:

  (1) on written approval from the executive secretary as provided in subsection (q) of this section;

  (2) on written approval from the executive secretary when there is a change in the carryover cap or when the tri-superfecta is discontinued; and

  (3) on the last performance of the race meeting.

(v) If the tri-superfecta carryover must be held over to the corresponding tri-superfecta pool of a subsequent race meeting, the carryover shall be deposited in an interest-bearing account approved by the executive secretary. The tri-superfecta carryover plus accrued interest shall be carried forward and added to the second-half tri-superfecta pool of the following race meeting on a date and performance designated by the executive secretary.

(w) The association must obtain written approval from the executive secretary concerning the scheduling and the amount of the cap to be set on the carryover. Any changes to the approved tri-superfecta format require prior approval from the executive secretary.


Source Note: The provisions of this §321.315 adopted to be effective April 1, 2001, 26 TexReg 2160; amended to be effective January 1, 2002, 26 TexReg 10534; amended to be effective October 3, 2005, 30 TexReg 6264

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