by Will Alempijevic

New York, NY — The New York Racing Association has submitted for New York State Gaming Commission approval to begin offering an “Exacta Double” with Yonkers as two races and using Method 1-No Minor Pool/No Carryover.

We have asked the NYSGC to allow us to use the same language as the Illinois Rule for governing late scratches.

“c) Should a betting interest in the second exacta double contest be scratched after the close of wagering on the first exacta double contest, all wagers combining the winning combination in the first exacta double contest with a combination including the scratched betting interest in the second exacta double contest shall be allocated a consolation payoff. In calculating the consolation payoff, the net exacta double pool shall be divided by the total amount wagered on the winning combination in the first exacta double contest and an unbroken consolation price obtained. The unbroken consolation price is multiplied by the dollar value of wagers on the winning combination in the first exacta double contest combined with a combination including then scratched betting interest in the second exacta double contest to obtain the consolation payout. Breakage is not declared in this calculation. The consolation payout is deducted from the net exacta double pool before calculation and distribution of the winning exacta double payout. In the event of a dead heat, the net exacta double pool shall be distributed as a profit”

We are currently calling it the “Exacta Double” and intend to offer it starting in June 2017 in conjunction with Yonkers Raceway.

Since there are not any active tracks/jurisdictions offering an Exacta Double we are hoping we can discuss this wager at the next TRA 20/20 meeting.