S.D. Admin. R. 20:04:30:14

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:04:30:14 - Winner's distribution requirements for pari-mutuel pool

After deduction of a commission of 18 1/4 percent and the breakage, a pari-mutuel pool shall be redistributed to the winning contributors; however, each association must, in all cases of a mutuel pool, redistribute not less than $1.10 on each $1.00 wager, even though it might be a minus pool. A violation of this rule shall be punished by revocation of license.

S.D. Admin. R. 20:04:30:14

5 SDR 87, effective 4/15/1979; transferred from

General Authority: SDCL 42-7-56.

Law Implemented: SDCL 42-7-56.