LAW AND PUBLIC SAFETY
NEW JERSEY RACING COMMISSION
Horse Racing
Daily Triple
Proposed Amendment: N.J.A.C. 13:70-29.50
Authorized By: New Jersey Racing Commission, Frank Zanzuccki,
Executive Director
Authority: N.J.S.A. 5:5-30
Calendar Reference: See Summary below for explanation of exception
to calendar requirement.
Proposal Number: PRN 2003 - 322
Submit written
comments by October 3, 2003 to:
Frank Zanzuccki, Executive Director
New Jersey Racing Commission
P.O. Box 088
Trenton, NJ 08625-0088
The agency proposal follows:
Summary
The New Jersey Racing Commission (Racing Commission) is interested
in obtaining public comment regarding the proposed amendment
to N.J.A.C. 13:70-29.50, Daily Triple. The proposed amendment
would require the stewards to declare a race a no contest when
the condition of the turf course warrants a change in racing
surface to the dirt course, and such a change was not known to
the betting public prior to the close of wagering for the Daily
Triple.
Races moved from the turf to dirt course would be considered
void for wagering purposes and would not be counted for or against
the bettor because the amount
of winning selections needed to win the Daily Triple would be reduced by
the amount of no contest races declared.
Currently bettors who wager into multiple leg pools such as
the Daily Triple are at a disadvantage because they are forced
to continue a wager which was
handicapped specifically for the turf course which is now to be run on
the dirt surface after the wager was made and close of betting
has occurred.
If while wagering is open, a surface change occurs, bettors can either
keep or
change their selections at any time before the wagering windows close.
Race handicappers realize certain horses are bred to run on
the turf and consider it an important element in deciding their
selections. Non-programmed
surface
changes puts them at a disadvantage since the breeding of a horse selected
is no longer a factor as a result of this amendment.
The proposed amendment would declare races moved from the turf
to the dirt surface after wagering has occurred a no contest
for Daily Triple
wagering
purposes thus eliminating the disadvantage that currently exists.
When a no contest(s) race(s) occurs, the wagering pool will
be distributed consistent with the existing provisions of the
rule.
This amendment will benefit the handicappers of turf races
by not binding them to a contract that no longer includes the
programmed
surface of
a race wagered.
As the Racing Commission has provided a 60-day comment period
on this notice of proposal, this notice is excepted from the
rulemaking
calendar
requirement,
pursuant to N.J.A.C. 1:30-3.3(a)5.
Social Impact
The social impact of the proposed amendment will be positive
by allowing patrons who handicap horses they deem “turf runners” the benefit of not
being obligated to continue a wager on a runner who is no longer participating
on a racing surface which was factored into his or her original selection.
Economic Impact
The proposed amendment will likely have an economic impact
on the individual bettors of the Pick Three (Daily Triple)
pools. A positive economic impact
will be realized to wagerers who selected a horse to race on the turf
that did not win the leg of the continuation pool moved to the
dirt surface
because the race was declared a no contest by inception
of the proposed amendment,
would have the odds of winning such a pool increased.
A negative economic impact will be realized by patrons whose
horse which was handicapped for the turf course, win the no contest
race which was
moved to
the dirt surface and in doing so would have to share the net profits
of the pool with more winners.
Federal Standards Statement
A Federal standards analysis is not required because the rules
of racing are dictated by State Statute N.J.S.A. 5:5-22
et seq. and the proposed
amendment is not subject to any Federal requirements or standards.
Jobs
Impact
The proposed amendment will likely have no impact on the work
force in the State. No jobs will be gained or lost due to the
proposed
amendment. Existing
mutuel clerks, SAM machines, and Tiny Tims should suffice in
the implementation and operation of such contests.
Agriculture Industry Impact
The proposed amendment will have no impact on the agriculture
industry in the State.
Regulatory Flexibility Statement
The proposed amendment imposed no reporting, recordkeeping
or compliance requirements on small businesses as defined
in the
Regulatory Flexibility
Act, N.J.S.A.
52:14B-16 et seq. The track associations affected by
the amendment are not small businesses, as each employs more
than 100 people
full-time.
Smart Growth Impact
The proposed amendment will not have an effect on new
growth into redevelopment of older urban and suburban
areas, protect
existing
open space, conserve
natural resources, increase transportation options
and transit availability, reduce
automobile traffic and dependency, stabilize property
taxes or provide affordable housing. Therefore, the
amendment will have
no impact
on the achievement
of smart growth or the implementation of the State
Development and Redevelopment Plan.
Full text of the proposal follows [additions indicated in boldface thus; deletions
indicated in brackets [thus]):
13:70-29.50 Daily Triple
(a) - (j) (No change.)
(k) When the condition of the turf course warrants a change
of racing surface in the second or third legs of the pick three
races and such change has not
been made known to the betting public prior to the close of wagering for the
pick three pool, the stewards shall declare the leg(s) a “no contest” for
pick-three wagering purposes, and the pool shall be distributed in accordance
with (j) above.
Recodify existing (k) - (n) as (d) - (o) (No change in text.) |