(1) The superfecta is not a parlay and has no connection with the win, place, or show betting, and will be calculated in an entirely separate pool.

(2) The superfecta is a contract between the purchaser of a ticket and the association, combining four runners in a single race, by selecting the four runners that will finish first, second, third, and fourth in that race in exact order.

(3) Superfecta tickets shall be sold in not less than one dollar denominations.

(4) There will be no entries or fields in superfecta wagering races.

(5) If a runner is scratched or declared a nonstarter, no further superfecta tickets may be issued designating that runner. All tickets previously issued designating the runner shall be refunded and the money deducted from the gross pool.

(6) Licensees providing superfecta wagering shall, in addition to other requirements, comply with the following requirements:

(a) no entries or field horses in a race comprising the superfecta are allowed;

(b) no licensee shall offer superfecta wagering on any race when there are less than six horses scheduled to start, at draw time. In no event will superfecta wagering be permitted on a race in which less than six horses start;

(c) superfecta wagering shall be allowed only at tracks that can demonstrate to the board that their facilities can properly handle and implement superfecta wagering; and

(d) no more than three superfecta races may be offered on any single day at any race meet.

(7) The payout price for a superfecta pool shall be calculated in the following manner:

(a) the legal percentages shall be deducted from the total amount bet in the pool to determine the net pool;

(b) the net pool shall be divided by the value of tickets bet on the winning combination;

(c) the quotient obtained pursuant to (7)(b) shall be multiplied by the purchase price of each ticket on the winning combination;

(d) if no ticket is sold selecting the first four entries, the pool shall be divided among holders of superfecta tickets correctly selecting the first three entries. If no ticket is sold selecting the first three entries, the pool shall be divided among holders of superfecta tickets correctly selecting the first two entries. If no ticket is sold selecting the first two entries, the pool shall be divided among holders of superfecta tickets correctly selecting the winner as officially posted. If no ticket is sold selecting the winner to win, the pool shall be divided among holders of superfecta tickets correctly selecting the entry finishing second. If no ticket is sold selecting the correct entry to finish second, the pool shall be divided among holders of third. If no ticket is sold selecting the entry finishing third, the pool shall be divided among holders of superfecta tickets correctly selecting the entry finishing fourth.

(e) if no ticket is sold that would require distribution of the net superfecta pool to a winner pursuant to these rules, all money in the pool shall be refunded.

(f) in the event of a dead heat, or dead heats, each ticket selecting the correct order of finish, counting any entry in a dead heat as finishing in either position at issue, shall be winning tickets and distribution shall be made in accordance with established board rules relating to dead heats.

(g) if only three entries finish the race, the pool shall be divided among the holders of superfecta tickets correctly selecting the first three entries, without consideration of the entry selected to finish fourth. If fewer than three entries finish the race, all money in the pool shall be refunded.