Section 3769-3-12 - Win, place, and show calculations(A) The parimutuel pools shall be calculated and distributed as follows. In any race, the win, place and show pools shall be treated separately and calculated independently of each other or any other pool. (B) Win pool: The net pool shall be divided by the amount wagered on the horse finishing first, to determine the payoff per dollar, including profit and wager.
(C) Place pool: (1) The amounts wagered on horses finishing first and second shall be deducted from the net pool to determine the profit which shall be divided in half, and each half shall be divided by the amount wagered on one of the horses thus determining the profit per dollar, to which profit the wager shall be added in totaling the payoff. (2) When two horses in the field or coupled as an entry run first and second, the place pool shall be distributed in the same manner as a win pool. (3) When only one horse finishes, the place pool, if any, shall be distributed in the same manner as a win pool. (D) Show pool: (1) The amounts wagered on the horse finishing first, second, and third shall be deducted from the net pool to determine the profit, which shall be divided into three equal parts. Each part shall be divided by the amount wagered on one of the horses, thus determining the profit per dollar, to which profit the wager shall be added in totaling the payoff. (2) When two horses in the mutuel field or coupled as an entry finish first and second, first and third, or second and third, two-thirds of the profit shall be allocated to the tickets representing wagers on the field or entry and the remaining one-third to the wagers on the other horse. (3) When three horses in the mutuel field or coupled as an entry run first, second, and third, the place and show pools shall be distributed in the same manner as a win pool. (4) When only two horses finish, the show pool, if any, shall be distributed in the same manner as a place pool. (5) When only one horse finishes, the show pool, if any, shall be distributed in the same manner as a win pool. (E) In any race in which no horse finishes, all money wagered on the race shall be refunded upon presentation and surrender of parimutuel tickets sold thereon. (F) No disqualified horse shall be considered in any mutuel payoff except when an exotic pool has an "all" payoff as defined in paragraph (F) of rule 3769-3-02 of the Administrative Code. Ohio Admin. Code 3769-3-12
Five Year Review (FYR) Dates: 11/8/2023 and 11/08/2028
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 03/15/1966, 09/01/1983, 01/01/1985, 05/21/1990R.C. 119.032 review dates: 11/29/2013 and 09/11/2018
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 3/15/66, 9/1/83, 1/1/85, 5/21/90