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.)