811 KAR 1:080. Placing; money distribution

Link to law: http://www.lrc.ky.gov/kar/811/001/080.htm
Published: 2015

      811 KAR 1:080. Placing; money distribution.

 

      RELATES TO: KRS

230.215, 230.260(1)

      STATUTORY

AUTHORITY: KRS 230.215(2), 230.260(3), 230.361(1)

      NECESSITY,

FUNCTION, AND CONFORMITY: KRS 230.215(2) and 230.260(3) authorize the Authority

to promulgate administrative regulations prescribing the conditions under which

horse racing shall be conducted in Kentucky. KRS 230.361(1) authorizes the

Authority to promulgate regulations concerning the pari-mutuel wagering system.

This administrative regulation establishes procedures concerning conditions,

placing, and money distribution.

 

      Section 1. Unless

otherwise provided in the conditions, a purse shall be distributed on the dash

basis with the money awarded according to a horse's position in each separate

dash or heat of the race. Purse money distribution in overnight events shall be

limited to five (5) monies.

 

      Section 2. Dashes.

(1) Except in the case of stakes or futurities as set forth in 811 KAR 1:040,

Section 7, unless otherwise specified in the conditions, the money distribution

in dashes shall be in the following percentages: fifty (50), twenty-five (25),

twelve (12), eight (8), and five (5).

      (2) In early

closing races, late closing races, or added money events, if there are less

than five (5) starters, the remaining purse shall go to the race winner unless

the conditions call for a different distribution.

      (3) In overnight

events, if there are less than five (5), starters the purse for the position

for which there are no starters shall be retained by the association.

      (4) If there is a

purse for which horses have started but were unable to finish due to an

accident, all nonoffending horses who did not finish shall share equally in the

premium or premiums.

                (5) If there is a purse for

which horses have started but were unable to finish and the situation is not

covered by subsection (4) of this section, the purse shall be paid to the

winner. (KTC 1-8 (Rule 19); 1 Ky.R. 1112;

eff. 6-11-75; Am. 33 Ky.R. 949; 2963; eff. 4-6-07.)
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