Proposed Amended Rule # 12.210
Statement of Authority, Basis And Purpose

The Statutory Authority for the adoption of this amended Rule # 12.210 is Section 12-60-101, Section 12-60-201, Section 12-60-202, Section 12-60-204, Section 12-60-301, Section 12-60-501, Section 12-60-503, Section 12-60-703, and Section 12-60-703.5, C.R.S.

The Basis and Purpose for permanent adoption of this amended rule in the Colorado Racing Commission Rules is to make the rule more flexible and responsive with regard to certain wagers and the number of animals in a given race. 

CURRENT RULE:

12.210 -- At the time the pools are opened for wagering, unless the Commission otherwise provides, the association:

:1 - shall offer win, place, and show wagering on all races when five (5) or more betting interests leave the paddock for the post; except in horse racing, show wagering shall be cancelled and all show bets refunded, when less than five (5) betting interests start the race.

:2 - shall prohibit Quiniela, Exacta, Quiniela Double or Twin Quiniela wagering on any race when less than four (4) betting interests leave the paddock for the post;
 
:3 - shall prohibit Trifecta, Superfecta, Super Five, wagering on any race when less than six (6) betting interests leave the paddock for the post, except in horse racing no Superfecta or Super Five wagering will be permitted without  seven (7) betting interests leaving the paddock for the post, and;

:4 - shall prohibit Twin Trifecta, Twin Superfecta or Tri-Superfecta wagering on any race when less than seven (7) betting interests leave the paddock for the post.

PROPOSED AMENDED RULE:

12.210 -- At the time the pools are opened for wagering, unless the Commission otherwise provides, the association:

:1 - shall offer win, place, and show wagering on all races when five (5) or more betting interests leave the paddock for the post; except in horse racing, show wagering shall MAY, WITH THE PRIOR APPROVAL OF THE DIVISION, be cancelled BY THE ASSOCIATION and all show bets refunded, when less than five (5) betting interests start the race.

:2 - shall prohibit Quiniela, Exacta, Quiniela Double or Twin Quiniela wagering on any race when less than four (4) betting interests leave the paddock for the post;
 
:3 - shall prohibit Trifecta, Superfecta, Super Five, wagering on any race when less than six (6) betting interests leave the paddock for the post, except in horse racing no Superfecta or Super Five wagering will be permitted without  seven (7) SIX (6) betting interests leaving the paddock for the post, and;

:4 - shall prohibit Twin Trifecta, Twin Superfecta or Tri-Superfecta wagering on any race when less than seven (7) betting interests leave the paddock for the post.