Statutes, codes, and regulations
Wyoming Administrative Code
Agency 038 - Pari-Mutuel CommissionSubagency 0001 - Pari-Mutuel Commission
Chapter 8 - CONDUCT OF RACES
Section 8-17 - Winnings

038-8 Wyo. Code R. § 8-17

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Current through April 27, 2019
Section 8-17 - Winnings

(a) The winnings of a horse in a race shall be computed on the value of the gross earnings.

  • (i) Winning of a fixed sum is understood to be winning it in one race unless specified to the contrary.

(b) Winnings during a year shall be reckoned from January 1 of that year.

(c) Winner or non-winner of a specified sum means winner, or non-winner of a single race of that value to the winner unless otherwise stated.

(d) In computing the value of a series of races in which an extra sum of money is won by the winning of two or more races of the series, the extra amount shall not be included in the horse's winnings until the series is finished and the extra amount is definitely ascertainable. When ascertained it shall be added to the race which determined the extra amount.

(e) The entrance money, starting and subscription fees in every race shall go to the winner unless otherwise provided in its conditions, but when a race is not run, for any cause, all stakes or entrance money shall be returned.

(f) Winnings shall include all monies won in all countries up to the time appointed for the start, including walkovers and forfeits but not second and third money nor the value of a prize not in money.

  • (i) In estimating foreign winnings the current rate of exchange at the time of the winnings shall be adopted.
  • (ii) The value of prizes not in money will not be estimated in the value of the race to the winner.

(g) If the condition of a race provides that a bonus or prize be paid to a person in the forfeit list, the bonus or prize shall be applied to the payment of the forfeits and the balance shall be paid to the person.

(h) In a case of walkover (except in claiming races) one-half of the money offered to the winner is given. When a walkover is the result of arrangement by owners of horses engaged, no portion of the added money nor any other prize need be given.

(i) Any money or prize which by the conditions is to go to the horse placed second, or in any lower place in the race, shall, if the winner has walked over or no horse has been placed, be dealt with as follows:

  • (i) If part of the stake, it shall go to the winner, or
  • (ii) If a separate donation from the Permittee or any other source it shall not be given at all, or
  • (iii) If entrance money for the race it shall go to the winner.

(j) If a race is not run or is declared void, stakes, forfeits and entrance money shall be returned.

(k) Race may be declared void if no qualified horse covers the course according to rule.(k) A race may be declared void if no qualified horse covers the course according to rule.

038-8 Wyo. Code R. § 8-17

Amended, Eff. 7/25/2016.

Amended, Eff. 4/24/2017.

Amended, Eff. 8/24/2017.

Amended, Eff. 5/1/2018.