General Provisions
Mutuel Department Operation
Each mutuel department shall implement and comply with the internal control procedures and the totalisator standards set forth by the Commission.
Payment of State Commissions
Records
calculate, or report funds due the state which are maintained by the association or the totalisator company shall be stored in chronological order in a disaster-proof environment to insure the integrity of the data. These records shall be kept for a period of 365 days after the end of the meet, or until otherwise released by the Commission and/or Division. This information shall be made available for inspection, at any time without advance notice, in a format compatible with the Division's equipment.
Prohibition of Wagering by Minor
Pari-Mutuel Tickets
Pari-Mutuel Ticket Sales
Cancellation of Tickets
Claims for Payment from Pari-Mutuel Pool
Cancelled Contests
Refunds
Uncashed Tickets
Outs Summary Reports
Overpayments/Underpayments
Coupled Entries and Mutuel Fields
Pool Formats
Method of Wagering
Closing of Wagering in a Contest
General Provisions
Duties of Simulcast Host
Duties of Simulcast Receiver
1:- adequate transmitting and receiving equipment which shall not interfere with the closed circuit TV system of the host association. All transmissions shall be of acceptable broadcast quality and meet the applicable Federal Communication Commission (F.C.C.) and Commission regulations and orders. This equipment may include approved microwave transmitters, with appropriate safeguards, as approved by the Commission;
2:- pari-mutuel terminals, modems and switching units enabling pari-mutuel data transmissions and data communications between the host association HUB and simulcast facilities; and
3:- a public address system or comparable system that can be accessed immediately by the mutuel manager in the main mutuel area.
General
Participation in Interstate Common Pools
Takeout Rates in Interstate Common Pools
General
Failure to comply with the minimum procedures or standards approved pursuant to this section may result in a fine, penalty, or revocation of license.
Licensees will be provided written notice of any changes to the minimum procedures or standards approved pursuant to this section and will have thirty (30) days, unless otherwise specified, in which to comply with such changes.
Totalisator Systems Provisions
Manual Merges
Tote Board/ Video Display Provisions
If, after a race is made official and payoffs have commenced, it is determined that a payoff has been made on an incorrect pool total resulting in an overpayment to the public, the totalisator company shall only be responsible for the overpayment to the public and not for the commissions that were based on an incorrect pool total.
Totalisator Liability
General
Standard Price Calculation Procedure
gross pool = sum of wagers on all betting interests-refunds
takeout = gross pool x percent takeout/100
net pool = gross pool- takeout
profit = net pool- gross amount wagered on winner
profit per dollar = profit/gross amount wagered on winner
$1 unbroken price = profit per dollar + $1.00
$1 broken price = $1.00 unbroken price rounded down to the nearest $.10
total payout = $1.00 broken price x gross amount wagered on winner total breakage = net pool- total payout
Profit is the net pool less the gross amount wagered on all place finishers.
Finishers split the profit 1/2 and 1/2 (place profit), then divide by the gross amount wagered on each place finisher for two unique unbroken base prices.
Profit is the net pool less the gross amount wagered on all show finishers.
Finishers split the profit 1/3 and 1/3 and 1/3 (show profit), then divide by the gross amount wagered on each show finisher for three unique unbroken base prices.
Net Price Calculation Procedure
gross pool = sum of the wagers on all betting interests refunds
takeout = gross pool x percent takeout/100
*for each source:
net pool = gross pool- takeout
net wagered on winner = gross amount wagered on winner x (1-percent takeout/100)
total net pool = sum of all sources net pools
total net wagered on winner = sum of all sources net wagered on winner
total profit = total net pool- total net wagered on winner
profit per dollar = total profit/total net wagered on winner
$1 unbroken base price = profit per dollar + $1.00 *for each source:
$1 unbroken price = $1.00 unbroken base price x (1- percent takeout/100)
$1 broken price = $1.00 unbroken price rounded down to the nearest $.10
total payout = $1.00 broken price x gross amount wagered on winner
total breakage =net pool- total payout
Total profit is the total net pool less the total net amount wagered on all place finishers.
Finishers split the total profit 1/2 and 1/2 (place profit), then divide by the total net amount wagered on each place finisher for two unique unbroken base prices.
Total profit is the total net pool less the total net amount wagered on all show finishers.
Finishers split the total profit 1/3 and 1/3 and 1/3 (show profit), then divide by the total net amount wagered on each show finisher for three unique unbroken base prices.
Win Pools
Place Pools
Show Pools
Daily Double Pools
Select Three Pools
Select (n) Pools
every reference to "races" shall mean the races for which the Select (n) pool is created; and every reference to "jackpot" shall mean the Select (n) jackpot.
Commission concerning the scheduling of Select (n) races, the percentage of the pool to be retained for the jackpot, and the designated amount of any cap to be set on the jackpot. Any subsequent changes to the Select (n) scheduling requires prior approval from the Commission or Director.
place finisher in each of the races, based upon the official order of finish; but if there are no such wagers, then
but not more than the number specified in :5, the pool shall be distributed as a single price pool to those whose selection finished first in the greatest number of races for that performance. Such distribution shall include the portion ordinarily retained for the jackpot but not the jackpot carryover from previous performances.
at the close of any performance, the amount in the jackpot equals or exceeds the designated cap, the jackpot will be frozen until it is won or distributed under other provisions of this rule. After the jackpot is frozen, 100 percent of the pool, part of which ordinarily would be added to the jackpot, shall be distributed to those whose selection finished first in the greatest number of races for that performance.
Quinella Pools
Quinella Double Pools
Exacta Pools
Trifecta Pools
Superfecta Pools
Super Five Pools
Twin Quinella Pools
Twin Trifecta Pools
Tri-Superfecta Pools
Twin Superfecta Pools
Place Pick (n) Pools
1 CCR 208-1, ch. 12