71 Ind. Admin. Code 9-3-1

Current through December 4, 2024
Section 71 IAC 9-3-1 - General

Authority: IC 4-31-3-9

Affected: IC 4-31-7-8

Sec. 1.

(a) All contracts governing participation in interstate common pools shall be available to the commission upon request.
(b) Individual wagering transactions are made at the point of sale in the state where placed. Pari-mutuel pools are combined for computing odds and calculating payoffs but will be held separate for auditing and all other purposes.
(c) Any surcharges or withholdings in addition to the takeout shall only be applied in the jurisdiction otherwise imposing such surcharges or with holdings.
(d) In determining whether to approve an interstate common pool which does not include the host track or which includes contests from more than one (1) association, the commission shall consider and may approve:
(1) use of a bet type which is not utilized at the host track;
(2) application of a takeout rate not in effect at the host track; or
(3) other factors which are presented to the commission.
(e) The content and format of the visual display of racing and wagering information at facilities in other jurisdictions where wagering is permitted in the interstate common pool need not be identical to the similar information permitted or required to be displayed under these rules.

71 IAC 9-3-1

Indiana Horse Racing Commission; 71 IAC 9-3-1; emergency rule filed Feb 10, 1994, 9:20 a.m.: 17 IR 1183; emergency rule filed Mar 25, 1996, 10:15 a.m.: 19 IR 2083; readopted filed Oct 30, 2001, 11:50 a.m.: 25 IR 899; readopted filed Mar 23, 2007, 11:31 a.m.: 20070404-IR-071070030RFA; readopted filed November 26, 2013, 11:25 a.m.: 20131225-IR-071130345RFA
Readopted filed 8/28/2019, 1:23 p.m.: 20190925-IR-071190319RFA
Readopted filed 8/3/2023, 12:49 p.m.: 20230830-IR-071230428RFA