PART 307 TWIN TRIFECTA : Sections Listing

TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 307 TWIN TRIFECTA


AUTHORITY: Implementing and authorized by Section 9(b) of the Illinois Horse Racing Act of 1975 [230 ILCS 5/9(b)].

SOURCE: Adopted at 19 Ill. Reg. 15230, effective November 1, 1995.

 

Section 307.10  Definition

 

The twin trifecta requires selection of the first three finishers, in their exact order, in each of two designated contests.  Each winning wager for the first twin trifecta contest must be exchanged for a free ticket on the second twin trifecta contest in order to remain eligible for the second half twin trifecta contest.  Winning first half twin trifecta wagers will receive both an exchange and a monetary payoff.  All twin trifecta wagers shall be calculated in an entirely separate pool.

 

Section 307.20  General Provisions

 

a)         Unless expressly noted in this Part, all trifecta rules shall apply.

 

b)         Twin trifecta tickets shall be sold and exchanged by licensed facilities and at attended ticket-issuing machines.  The sale, exchange or transfer of twin trifecta tickets by any other facility or person is prohibited.

 

c)         Twin trifecta wagers shall not be sold in denominations of less than $1.

 

d)         The twin trifecta rules shall be prominently displayed in the official program on each day the twin trifecta wager is offered.

 

e)         If a wagering facility is unable to process wagers on the second twin trifecta contest, due to unforeseen problems, including but not limited to totalizator malfunction, natural disaster, electrical failure, holders of winning wagers on the first twin trifecta contest shall be entitled to the monetary value of the winning wager but shall not be eligible for an exchange ticket on the second twin trifecta contest.

 

f)         Any organization licensee who elects to offer a twin trifecta wager shall notify the State Director of Mutuels, in writing, at least 30 days prior to the start of its meet.

 

Section 307.30  Pool Distribution

 

a)         An organization shall elect a 50% or 75% carryover method prior to the start of its meet.  The remaining 50% or 25% shall be the daily net pool.

 

b)         In the first twin trifecta contest, winning wagers and distribution of the daily net pool shall be determined using the following precedence, based upon the official order of finish for the first twin trifecta contest:

 

1)         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

 

2)         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

 

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

 

4)         The entire twin trifecta pool, for that contest, shall be added to the carryover pool and the second half shall be canceled.

 

c)         If no first half twin trifecta wager selects the first three finishers of that contest in exact order, winning wagers shall not receive any exchange tickets for the second half twin trifecta pool.  In such cases, the second twin trifecta pool shall be retained and added to any existing twin trifecta carryover pool.

 

d)         The carryover pool shall be distributed to winning wagers on the second twin trifecta contest according to the following precedence, based upon the official order of finish for the second twin trifecta contest:

 

1)         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

 

2)         The entire carryover pool for that contest shall be added to any existing carryover and retained for the next consecutive second half twin trifecta pool.

 

e)         If a winning first half twin trifecta wager is not presented for payment and exchange prior to the second half twin trifecta contest, the ticket holder shall receive the monetary value associated with the first half twin trifecta pool but forfeits all rights to any distribution of the second half twin trifecta pool.

 

Section 307.40  Dead Heats

 

a)         If there is a dead heat or multiple dead heats in either the first or second twin trifecta contest, all twin trifecta wagers selecting the correct order of finish, including any dead-heated contestant, shall be considered winners.

 

b)         If there is a dead heat in the first twin trifecta contest, payoffs shall be calculated as a profit split.

 

c)         If there is a dead heat in the second twin trifecta contest, payoffs shall be calculated as a single price pool.

 

Section 307.50  Scratches

 

a)         Should a betting interest in the first twin trifecta contest be scratched, those wagers including the scratched betting interest shall be refunded.

 

b)         Should a betting interest in the second twin trifecta contest be scratched, an announcement concerning the scratch shall be made and a reasonable amount of time shall be provided for exchange of tickets that include the scratched betting interest. If tickets have not been exchanged prior to the close of betting for the second twin trifecta contest, the ticket holder forfeits all rights to the second twin trifecta pool.

 

c)         If, due to a late scratch, the number of betting interests in the second twin trifecta contest is reduced to fewer than the minimum, all exchange tickets and outstanding first half winning wagers shall be entitled to the second half twin trifecta pool for that contest as a single price pool, but not the twin trifecta carryover.

 

Section 307.60  Races Canceled

 

a)         If either of the twin trifecta contests are canceled prior to the first twin trifecta contest, the entire twin trifecta pool shall be refunded on twin trifecta wagers for that contest and the second twin trifecta contest shall be canceled.

 

b)         If the second twin trifecta contest is canceled, all exchange tickets and outstanding first half winning twin trifecta tickets shall be entitled to the daily net twin trifecta pool for that contest as a single price pool, but not the twin trifecta carryover.

 

Section 307.70  Mandatory Distribution

 

a)         The twin trifecta carryover shall be designated for distribution on the last program of a race meeting or the last program during a consecutive race meeting of the same type of racing at the same track and shall be advertised to the public.

 

b)         In the event a mandatory distribution is required, the following precedence will be followed in determining winning wagers for the second twin trifecta contest, based upon the official order of finish:

 

1)         As a single price pool to those who selected the first three finishers in exact order; but if there are no such wagers, then

 

2)         As a single price pool to those whose combination correctly selected the first and second place finishers in correct order; but if there are no such wagers, then

 

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

 

4)         As a single price pool to those whose combination correctly selected the second and third place finishers in exact order; but if there are no such wager, then

 

5)         As a single price pool to those whose combination correctly selected the second place betting interest; 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 holders of valid exchange tickets.

 

c)         In the event no valid exchange tickets are issued the carryover shall be distributed in the following precedence, based upon the official order of finish:

 

1)         As a single price pool to those whose combination correctly selected the first and second place betting interests in the first twin trifecta contest; but if there are no such wagers, then

 

2)         As a single price pool to those whose combination correctly selected the first place finisher in the first twin trifecta contest; but if there are no such wagers, then

 

3)         As a single price pool to those holding first half twin trifecta wagers.