Racing & Wagering

Churchill Downs Super High-Five Rules

1. The Super High-Five (S-5) wager requires the selection of the first five (5) 
finishers, in their exact order.

1.1.     Determination of Net Pool and Payout. After statutory takeout and
other approved deductions such as refunds, the NET POOL is distributed among those tickets carrying the first five (5) betting interests in correct sequence.

1.2.  Churchill Downs reserves the right to institute and announce the       inclusion of a consolation pool as part of this wager. If Churchill decides to include a consolation pool, this decision will be made and announced at least 72 hours in advance of the first day that the consolation pool will be offered. Churchill will publicize the inclusion of a consolation pool in various ways, potentially including the issuance of a press release, mentions on the churchilldowns.com website, a scroll on the Churchill Downs simulcast signal, on-track announcements, etc. If a consolation pool is offered, the consolation rules will be as follows:

1.3. Consolation Pool. In the event there are no correct selections as
described in 1.1, the Net Pool is handled as follows:

1.3.1. CONSOLATION POOL equal to 25% of the Net Pool as
determined by the Host is established, and the Consolation Pool is
distributed as a single price pool among those tickets carrying the
first four (4) betting interests in correct sequence (e.g., 1-2-3-4x);

1.3.2. If there are no correct selections as described in 1.3.1, the
Consolation Pool is distributed as a single price pool among those
tickets carrying the first three (3) betting interests in correct
sequence (e.g., 1-2-3-x-x);

1.3.3.  If there are no correct selections as described in 1.3.2, the
Consolation Pool is distributed as a single price pool among those
tickets carrying the first two (2) betting interests in correct
sequence (e.g., 1-2-x-x-x);

1.3.4. If there are no correct selections as described in 1.3.3, the
Consolation Pool is distributed as a single price pool among those
tickets carrying the first-place betting interest only (e.g., 1-x-x-xx).

1.3.5. If there are no correct selections as described in 1.3.4, the
Consolation Pool is added to the Carry-Over Pool described below.

1.3.6. With the establishment of a Consolation Pool for an S-5 race,
amounts remaining from the Net Pool will constitute a CARRYOVER
POOL. The Carry-Over Pool is made available on the next
qualifying S-5 race as determined by the Host, and is combined
with the Net Pool for such qualifying race for the purpose of
determining applicable payouts.

1.3.7. The Net, Consolation and Carry-Over Pools for each such
subsequent qualifying race are handled in the manner described
above in this Section 1. In each instance, any Carry-Over Pool is
combined with the Net Pool from the race and made available for 
payout for the correct selection of the first five (5) betting interests
in correct sequence. A Consolation Pool based on the Net Pool for a
qualifying race is established and managed as described whenever
there is no correct selection of the first five (5) betting interests.
Carry-Over Pools are not used in the calculation of Consolation
Payouts.

2.  Contested Races. The S-5 Pool will be made available at the host’s discretion on races with actual starters of 7 or more betting interests.

3.  Cancellations and Races Declared No Contest. The host may cancel S-5
wagering on a race to be contested for any reason including but not limited to
any circumstance where scratches or other events reduce to 10 or fewer the
expected number of starters in an S-5 race. If an S-5 race with no Carry-Over
Pool is cancelled or declared no contest, any pari-mutuel tickets previously sold for the pool on the cancelled race shall be refunded. If an S-5 race with a Carry-Over Pool is cancelled or declared no contest, any pari-mutuel tickets previously sold for the pool of the cancelled race shall be refunded, and the Carry-Over from the previous S-5 race will carry over to the next S-5 race.

4.  Scratches. If any betting interest is scratched, declared a non-starter or
otherwise officially withdrawn from an S-5 race, then all S-5 wagers with the
scratched/withdrawn betting interest in the race shall be refunded and deducted
from the S-5 pool.

5.  Betting Interests Completing Race. If fewer than five betting interests finish and the contest is declared official, payoffs will be made based on the order of finish of those betting interests completing the contest. In such instances, payouts will be calculated as Consolation Payouts and the remaining Net Pool will be handled as a Carry-Over Pool.

6.  Dead Heats. If any dead-heat occurs in any finishing position, all wagers
selecting either of the dead-heated positions with the correct non-dead-heated
positions shall be winners and share in the specified payout pool. For example,
the result 1/2–3–4–5–6 with a dead heat in the win position involving numbers 1
and 2 would produce the following winning combinations: 1-2-3-4-5 and 2-1-3-45.
Payouts will be calculated by splitting the pool equally between each winning
combination, then dividing each portion by the number of winning tickets (a
“profit split”). As such, a dead heat will produce separate and distinct payouts
associated with the distinct winning combinations.

7.  End-Of-Meet Distribution. On the final day of any race meet, the Host shall
make a final distribution of any accumulated Carry-Over Pool combined with the
final Net Pool of the final S-5 race of the meet among those tickets carrying the first five (5) betting interests in correct sequence, and if there are none, in the manner described in Section 1.2 above – e.g., 1-2-3-4-x, then 1-2-3-x-x, then 12-x-x-x, then 1-x-x-x-x. If there are no correct tickets as herein described, then the Net Pool will be escrowed and offered on the first S-5 race scheduled by the host at a subsequent meet.

8.  Other Circumstances. Should circumstances occur which are not foreseen in
this section, questions arising thereby shall be resolved in accordance with
general pari-mutuel practice.