(a) The Triple Trifecta wager 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 on the Triple Trifecta wager shall
be calculated as a separate pool.
(b) The association may select a distinctive name for
the Triple Trifecta wager, with the prior written approval of the
executive secretary.
(c) A Triple Trifecta wager is a contract between the
holder of the ticket and the association and the ticket constitutes
acceptance of this section. The association, totalisator company and
the State of Texas are not liable to a person for a Triple Trifecta
wager ticket that is not a winning ticket under this section or for
a Triple Trifecta wager ticket that is not delivered.
(d) The Triple Trifecta wager requires the selection
of the first three finishers, in exact order, in each of three consecutive
designated contests. Payment of the ticket may be made only to the
purchaser who has selected the qualifying finishers in three designated
races.
(e) A coupled entry or mutuel field in a race that
is part of the Triple Trifecta races shall race as a single betting
interest for the purpose of mutuel pool calculations and payoffs to
the public.
(f) The association must obtain written approval from
the executive secretary concerning the scheduling of the Triple Trifecta
contests and the designation of qualifying races. Any change to the
Triple Trifecta requires prior written approval from the executive
secretary and the association.
(g) If no Triple Trifecta ticket is sold for the winning
combination, then 100% of the net pool shall be carried over and made
available on the next consecutive Triple Trifecta pool and shall be
combined with and added to the net pool for such qualifying pool,
and made available for payout.
(h) Except for refunds required by this section, a
Triple Trifecta wager ticket may not be sold, exchanged, or canceled
after the close of wagering on the first of the Triple Trifecta wager
races.
(i) Dead heats. For the purposes of determining whether
a Triple Trifecta wager correctly selected the finishers in exact
position, animals in a dead heat are deemed to jointly occupy both
or all positions in the dead heat. For calculation purposes, the Triple
Trifecta will be calculated as a place pool.
(j) The minimum number of wagering interests required
to offer Triple Trifecta wagering shall be six wagering interests
in each of the Triple Trifecta races. If one of the legs of the Triple
Trifecta scratches to less than six wagering interests then all wagers,
less any carryover, shall be refunded.
(k) If after wagering has begun an animal entered in
a Triple Trifecta race is scratched or otherwise prevented from racing,
all money wagered on the affected animal shall be deducted from the
Triple Trifecta pool and refunded to the holders of tickets on the
affected animal.
(l) Canceled contests. If any of the Triple Trifecta
contests are canceled or declared no contest, that Triple Trifecta
pool, less any carryover, shall be refunded.
(m) If on the final day of a race meeting or on a designated
mandatory payout date the Triple Trifecta pool has not been distributed
under this section, then the net pool for that performance plus any
carryover from previous performances shall be paid out in the following
manner:
(1) To those who correctly selected two of three trifectas
in the Triple Trifecta races. If there are no such wagers, then
(2) To those who correctly selected one of three trifectas
in the Triple Trifecta races. If there are no such wagers, then
(3) As a single price pool to holders of Triple Trifecta
wagers.
(n) If the final or designated mandatory payoff performance
is canceled or the pool has not been distributed under subsection
(m) of this section the pool shall be deposited in an interest-bearing
account approved by the executive secretary. The pool plus all accrued
interest shall then be carried over and added to the Triple Trifecta
pari-mutuel pool in the following race meeting on a date and performance
designated by the association with the approval of the executive secretary.
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