Section 320.10  General

 

a)         The exacta double requires the selection of the first two finishers, in exact order, in each of two specified contests.

 

b)        Exacta double wagers shall be calculated in an entirely separate pool.

 

c)         An organization licensee offering the exacta double wager may rename the wager so long as the name adopted by the organization licensee remains the same throughout the race meet.

 

d)        Entries and fields shall be allowed in the exacta double without restriction.

 

e)         Exacta double wagers shall be considered a feature wager.

 

Section 320.20  Pool Distribution

 

The organization licensee may choose to distribute pools in accordance with either subsection (a) or (b).  The organization licensee must notify the Board, 30 days prior to the beginning of its race meet, of which method it will use to distribute pools under this Section.

 

a)         The net exacta double pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish.

 

1)         As a single price pool to those who selected, in exact order, the first two finishers in each of the two exacta double contests; but, if there are no such wagers, then

 

2)         As a profit split pool to those who selected, in exact order, the first two finishers in either of the two exacta double contests; but, if there are no such wagers on one of those contests, then

 

3)         As a single price pool to those who selected, in exact order, the first two finishers in the one covered exacta double contest; but, if there are no such wagers, then

 

4)         The entire pool shall be refunded on exacta double wagers for those contests.

 

b)         The net exacta double pool shall be distributed to winning wagers in the following precedence, based upon the official order of finish:

 

1)         As a single price pool to those who selected, in exact order, the first two finishers in each of the two exacta double contests; but, if there are no such wagers, then

 

2)         The entire net pool shall be paid as a carryover pool into the next regularly scheduled exacta double race.

 

(Source:  Amended at 32 Ill. Reg. 13530, effective August 1, 2008)

 

Section 320.30  Dead Heats

 

a)         If there is a dead heat for first in either of the two contests involving:

 

1)         Contestants representing the same betting interest, the exacta double pool shall be distributed as a single price pool to those selecting the coupled entry or mutuel field combined with the next separate betting interest in the official order of finish for that contest.

 

2)         Contestants representing two or more separate betting interests, the exacta double pool shall be distributed as a profit split.

 

b)         If there is a dead heat for second in either of the two contests involving:

 

1)         Contestants representing the same betting interest, the exacta double pool shall be distributed as if no dead heat occurred.

 

2)         Contestants representing two or more betting interests, the exacta double pool shall be distributed as a profit split.

 

Section 320.40  Scratches

 

a)                   Should a betting interest in the first half of the exacta double contest be scratched prior to the first exacta double contest being declared official, all money wagered on combinations including the scratched betting interest shall be deducted from the exacta double pool and refunded.

 

b)         Should a betting interest in the second half of the exacta double contest be scratched prior to the close of wagering on the first exacta double contest, all money wagered on combinations including the scratched betting interest shall be deducted from the exacta double pool and refunded.

 

c)        Should a betting interest in the second exacta double contest be scratched after the close of wagering on the first exacta double contest, all wagers combining the winning combination in the first exacta double contest with a combination including the scratched betting interest in the second exacta double contest shall be allocated a consolation payoff. In calculating the consolation payoff, the net exacta double pool shall be divided by the total amount wagered on the winning combination in the first exacta double contest and an unbroken consolation price obtained. The unbroken consolation price is multiplied by the dollar value of wagers on the winning combination in the first exacta double contest combined with a combination including then scratched betting interest in the second exacta double contest to obtain the consolation payout. Breakage is not declared in this calculation. The consolation payout is deducted from the net exacta double pool before calculation and distribution of the winning exacta double payout. In the event of a dead heat, the net exacta double pool shall be distributed as a profit.

 

Section 320.50  Races Cancelled

 

a)         If either of the exacta double contests is cancelled prior to the first exacta double contest, or the first exacta double contest is declared "no contest", the entire exacta double pool shall be refunded on exacta double wagers for those contests.

 

b)         If the second exacta double contest is cancelled or declared "no contest" after the conclusion of the first exacta double contest, the net exacta double pool shall be distributed as a single price pool to wagers selecting, in exact order, the first two finishers in the first exacta double contest. If there are no wagers selecting the winning combination in the first exacta double contest, the entire exacta double pool shall be refunded on exacta double wagers for those contests.