- (a) The Pick-3 pari-mutuel pool is not a parlay and has no connection with or relation to any other pari-mutuel pool conducted by the association, nor to any win, place, or show pool, nor to the rules governing the distribution of such other pools.
- (b) A valid Pick-3 ticket shall be evidence of a binding contract between the holder of the ticket and the racing association, and the said ticket shall constitute an acceptance of Pick-3 provisions and rules.
(c)
- (1) The Pick-3 pari-mutuel pool consists of amounts contributed for a selection for win only in each of three (3) races designated by the association with prior approval of the Arkansas Racing Commission.
- (2) Each person purchasing a Pick-3 ticket shall designate the winning horse in each of the three (3) races comprising the Pick-3.
(d)
- (1) Those horses constituting an entry of coupled horses or those horses coupled to constitute the field in a race comprising the Pick-3 shall race as a single wagering interest for the purpose of the Pick-3 pari-mutuel pool calculations and payouts to the public.
- (2) However, if any part of either an entry or the field racing as a single interest is a starter in a race, the entry or the field selection shall remain as the designated selection to win in that race for the Pick-3 calculation, and the selection shall not be deemed a scratch.
- (e) The net amount in the pari-mutuel pool subject to distribution among winning ticket holders shall be distributed among the holders of tickets that correctly designate the winners in all three (3) races comprising the Pick-3.
- (f) If no ticket is sold combining the three (3) winners of the Pick-3, the net amount in the Pick-3 pari-mutuel pool shall be distributed among holders of tickets which include the winners of at least two (2) of the three (3) races comprising the Pick-3.
- (g) If no ticket is sold combining at least two (2) winners of the Pick-3, the net amount in the Pick-3 pari-mutuel pool shall be distributed among holders of tickets which include the winner of any one (1) race comprising the Pick-3.
- (h) If no ticket is sold that would require distribution of the Pick-3 pool to a winner under this section, the association shall make a complete and full refund of the Pick-3 pool.
- (i) If for any reason one (1) of the races comprising the Pick-3 is cancelled, the net amount of the Pick-3 pari-mutuel pool shall be distributed as provided in subsections (f), (g), and (h) of this section.
- (j) If for any reason two (2) or more of the races comprising the Pick-3 are cancelled, a full and complete refund will be made of the Pick-3 pool.
- (k) In the event a Pick-3 ticket designates a selection in any one (1) or more of the races comprising the Pick-3 and that selection is scratched, excused, or determined by the stewards to be a nonstarter in the race, the actual favorite, as evidenced by the amounts wagered in the win pool at the time of the start of the race, will be substituted for the nonstarting selection for all purposes, including pool calculations and payoffs.
- (l) In the event of a dead heat for win between two (2) or more horses in any Pick-3 race, all such horses in the dead heat for win shall be considered as winning horses in the race for the purpose of calculating the pool.
- (m) No pari-mutuel ticket for the Pick-3 pool shall be sold, exchanged, or cancelled after the time of the closing of wagering in the first of the three (3) races comprising the Pick-3, except for such refunds on Pick-3 tickets as required by this section, and no person shall disclose the number of tickets sold in the Pick-3 pool or the number or amount of tickets selecting winners of Pick-3 races until such time as the stewards have determined the last race comprising the Pick-3 to be official.