On December 22, 2014, the Canadian Pari-Mutuel Agency (CPMA) released a Memorandum to Provincial Regulatory bodies noting the ARCI Board approval of an amendment to the Model Rules for the Pentafecta. As the CPMA memo advises, this type of bet is now available to Canadian race-course associations.
A copy of this CPMA Memorandum can be viewed by clicking here.
The contents of the CPMA memorandum appear below.
On December 12, 2014, the Association of Racing Commissioners International (ARCI) Board of Directors adopted a proposal to amend the RCI Model Rules for the Pentafecta. Ad per section 143 of the Pari-Mutuel Betting Supervision Regulations, this type of bet is available to Canadian race-course associations.
The pool rule amendment, supported by the Canadian Pari-Mutuel Agency (CPMA), allows the race-course association to request authorization to move Pentafecta carryover amounts amongst race meetings for which they are the pool host. This is limited to associations utilizing the ‘unique winning ticket’ option of the Pentafecta pool rules. This change will allow associations greater flexibility in building upon the popularity of this bet, and will offer bettors the greater opportunity to follow the Pentafecta’s jackpot pool.
The amending language to the Pentafecta pool rules will soon be available online athttp://arcicom.businesscatalyst.com/model-rules—standards.html.