Section 312.60  Carryover Cap

The Place Pick N carryover may be capped at a designated level approved by the State Director of Mutuels so that if, at the close of any performance, the amount in the Place Pick N carryover equals or exceeds the designated cap, the Place Pick N carryover will be frozen until it is won or distributed under Section 312.70.  After the Place Pick N carryover is frozen, 100 percent of the net pool, part of which ordinarily would be added to the Place Pick N carryover, shall be distributed to those whose selection finished first in the greatest number of Place Pick N contests for that performance.