Pari-Mutuel Betting Supervision Regulations (SOR/91-365)

116 [Repealed, SOR/2011-169, s. 64]

117 An association shall immediately pay the pay-out price to the holder of a winning ticket when the ticket is surrendered at a location identified by the association.

118 If an association posts an incorrect pay-out price, as soon as it becomes aware that an error has been made, it shall

• (a) post the correct pay-out price;

• (b) inform the public of the change in the posted pay-out price; and

• (c) pay the correct pay-out price, including correcting all account-based bets.

• 119 (1) In calculating the pay-out price of any pool, including any pool that is a combination of corresponding pools, in foreign race inter-track betting, foreign race separate pool betting, inter-track betting or separate pool betting, an association may

  • (a) use the gross pricing method, where a single set of legal percentages is deducted from the total pool to determine the net pool; or

  • (b) use the net pricing method where a single set of legal percentages or different sets of legal percentages are deducted from the total pool to determine the net pool.

• (2) In calculating the pay-out price of any pool, an association shall

  • (a) add the value of all bets made on that pool to determine the pool;

  • (b) subtract from the result obtained under paragraph (a) the amount of any bets made that the association is required to make available for refund; and

  • (c) deduct the legal percentages from the result obtained under paragraph (b) to calculate the net pool in accordance with subsection (1).

• (3) Subject to subsections (5) and (6), for the calculation of the pay-out price of any pool, an association using the gross pricing method shall make the applicable calculations set out in sections 120 to 143.

• (4) Subject to subsections (5) and (6), for the calculation of the pay-out price of any pool, an association using the net pricing method shall make the applicable calculations set out in sections 120 to 143 and

  • (a) the value of the bets made on the winning horse, horses or combination, as the case may be, shall be the net value, determined by multiplying the value of those bets by the association’s net factor that is applicable to those bets; and

  • (b) the value of the pay-out price for each bet made on the winning horse shall be determined by multiplying the price that results from the applicable calculation done in accordance with sections 120 to 143, before the price is converted to a multiple of $.05 pursuant to subsection 204(6) of the Act, by the association’s net factor that is applicable to each winning bet.

• (5) Where the calculation of the pay-out price of any pool involves two or more horses of an entry or mutuel field, an association shall, in calculating that pay-out price

  • (a) for the purpose of apportioning the calculating pool, divide the calculating pool among all the horses entitled to it, treating, in the division, the horses of the entry or mutuel field so entitled as if they were separate horses; and

  • (b) for the purpose of determining the share of the calculating pool applicable to the entry or mutuel field, combine the portions of the calculating pool to which the horses of the entry or mutuel field referred to in paragraph (a) are entitled.

• (6) Where the calculation of the pay-out price of a win, place or show pool involves any horse that finishes in a dead heat in any of the first three positions in the official result, an association shall, for the purpose of reflecting the dead heat in the calculation of the applicable pay-out price, divide the portion of the calculating pool applicable to the dead heat equally among the horses that finished in the dead heat on which bets were made.

Calculation of Pay-out Price of Win Pools

• 120 (1) Subject to section 121, an association shall calculate the pay-out price of a win pool by dividing the net pool by the value of the win bets made on the horse that finishes in first place in the official result.

• (2) Where no win bets have been made on the horse that finishes in first place in the official result, an association shall calculate the pay-out price of a win pool by dividing the net pool by the value of the win bets made on the next horse in the official result on which win bets have been made.

121 Subject to section 122,

• (a) where two horses finish in a dead heat in first place in the official result, an association shall calculate the pay-out price of a win pool in accordance with section 123; and

• (b) where three horses finish in a dead heat in first place in the official result, an association shall calculate the pay-out price of a win pool in accordance with section 127.

122 Where two horses of the same entry or mutuel field finish in a dead heat in first place in the official result, an association shall calculate the pay-out price of the win pool in accordance with subsection 120(1).

Calculation of Pay-out Price of Place Pools

123 Subject to sections 124 to 126, an association shall calculate the pay-out price of a place pool by

• (a) deducting the value of the place bets made on the horses that finish first and second in the official result from the net pool to determine the calculating pool;

• (b) dividing the calculating pool equally between the horses that finish first and second in the official result;

• (c) dividing each horse’s portion of the calculating pool by the value of the place bets made on that horse; and

• (d) adding $1 to the quotients obtained pursuant to paragraph (c).

124 Where

• (a) place bets have been made on all but one of the horses that finish first and second in the official result,

• (b) only one horse finishes a race,

• (c) no place bets have been made on any of the horses that finish first and second in the official result, or

• (d) two or more horses of the same entry or mutuel field finish first and second or in a dead heat in first place in the official result,

an association shall calculate the pay-out price of a place pool in accordance with subsection 120(1), except that the net pool shall be divided by the value of the place bets made on

• (e) the horses referred to in paragraph (a) on which bets have been made,

• (f) the horse referred to in paragraph (b) that finishes the race,

• (g) the next horse in the official result after the horses referred to in paragraph (c), on which place bets have been made, or

• (h) the entry or mutuel field referred to in paragraph (d),

as the case may be.

125 Subject to section 126,

• (a) where two horses finish in a dead heat in first place in the official result, an association shall calculate the pay-out price of a place pool in accordance with section 123;

• (b) where three horses finish in a dead heat in first place in the official result, an association shall calculate the pay-out price of a place pool in accordance with section 127; and

• (c) where two or more horses finish in a dead heat in second place in the official result, an association shall calculate the pay-out price of a place pool in accordance with section 123, except that the calculating pool shall be divided in the following manner, namely,

  • (i) one half to the horse that finishes first, and

  • (ii) one half divided equally among the horses that finish in the dead heat in second place.

126 Where one horse of an entry or a mutuel field finishes first in the official result and another horse of the same entry or mutuel field finishes in a dead heat in second place in the official result with one or more other horses, an association shall calculate the pay-out price of a place pool in accordance with section 123, except that the calculating pool shall be divided in the following manner, namely,

• (a) one half to the horse that finishes first, and

• (b) one half divided equally among the horses that finish in the dead heat in second place,

and the portions allocated in paragraphs (a) and (b) to the two horses of the entry or mutuel field shall be combined.

Calculation of Pay-out Price of Show Pools

127 Subject to sections 128 to 132, an association shall calculate the pay-out price of a show pool by

• (a) deducting the value of the show bets made on the horses that finish first, second and third in the official result from the net pool to determine the calculating pool;

• (b) dividing the calculating pool equally among the horses that finish first, second and third in the official result;

• (c) dividing each horse’s portion of the calculating pool by the value of the show bets made on that horse; and

• (d) adding $1 to the quotients obtained pursuant to paragraph (c).

128 Where

• (a) show bets have been made on all but one of the horses that finish first, second and third in the official result, or

• (b) only two horses finish a race,

an association shall calculate the pay-out price of a show pool in accordance with section 123, except that the calculating pool shall be divided equally

• (c) among the horses referred to in paragraph (a) on which show bets have been made, or

• (d) between the two horses referred to in paragraph (b) that finish the race,

and each horse’s portion of the calculating pool shall be divided by the value of the show bets made on that horse.

129 Where two horses of the same entry or mutuel field finish

• (a) first and second in the official result,

• (b) first and third in the official result, or

• (c) second and third in the official result,

an association shall calculate the pay-out price of a show pool by dividing the calculating pool in the following manner, namely,

• (d) two thirds to the two horses of the entry or mutuel field that finish first and second, first and third or second and third, and

• (e) one third to the other horse that finishes first, second or third,

and the total value of the show bets

• (f) on the entry or mutuel field shall be divided into the two-thirds portion of the calculating pool referred to in paragraph (d), and

• (g) on the other horse shall be divided into the one-third portion of the calculating pool referred to in paragraph (e).

130 Where

• (a) show bets have been made on all but two of the horses that finish first, second and third in the official result,

• (b) only one horse finishes a race,

• (c) no show bets have been made on the three horses that finish first, second and third in the official result,

• (d) three or more horses of the same entry or mutuel field finish first, second and third in the official result, or

• (e) two horses of the same entry or mutuel field finish first, second or third in the official result and no show bets have been made on the other horse that finishes first, second or third in the official result,

an association shall calculate the pay-out price of a show pool in accordance with subsection 120(1), except that the net pool shall be divided by the value of the show bets made on

• (f) the horses referred to in paragraph (a) on which bets have been made

• (g) the horse referred to in paragraph (b) that finishes the race,

• (h) the next horse in the official result after the horses referred to in paragraph (c), on which show bets have been made, or

• (i) the entry or mutuel field referred to in paragraph (d) or (e),

as the case may be.

131 Subject to section 132,

• (a) where

  • (i) two horses finish in a dead heat in first or second place in the official result, or

  • (ii) three horses finish in a dead heat in first place in the official result,

  an association shall calculate the pay-out price of a show pool in accordance with section 127;

• (b) where three or more horses finish in a dead heat in second place in the official result, an association shall calculate the pay-out price of a show pool in accordance with section 127, except that the calculating pool shall be divided in the following manner, namely,

  • (i) one third to the horse that finishes first, and

  • (ii) two thirds divided equally among the horses that finish in a dead heat in second place; and

• (c) where two or more horses finish in a dead heat in third place in the official result, an association shall calculate the pay-out price of a show pool in accordance with section 127, except that the calculating pool shall be divided in the following manner, namely,

  • (i) one third to each of the horses that finish first and second, and

  • (ii) one third divided equally among the horses that finish in a dead heat in third place.