Section 11.04.01.801 - PARI-MUTUEL WAGERINGThe following requirements are applicable to racing associations licensed by the Racing Commission that offers pari-mutuel wagering. These requirements are also to such organizations licensed or approved by other regulatory authority as a condition of Racing Commission approval of any agreement or contract for simulcasting or common pool wagering
01.Pari-Mutuel Tickets. A pari-mutuel ticket is evidence of a contribution to the pari-mutuel pool and is evidence of the obligation to pay to the holder of such portion of the distributable amount of the pari-mutuel pool as is represented by a valid pari-mutuel ticket. The racing association must cash all valid winning tickets when they are presented for payment during the course of the meeting where sold, and for a specified period after the last day of the meeting.02.Valid Pari-Mutuel Ticket. To be deemed a valid pari-mutuel ticket, the ticket must have been issued by a pari-mutuel ticket machine operated by the racing association and issued as a ticket entitled to a share of the pari-mutuel pool, and contain imprinted information as follows: a. The name of the racing association operating the meeting;b. A unique identifying number or code;c. Identification of the terminal at which the ticket was issued;d.A designation of the performance for which the wagering transaction was issued;e. The contest number for which the pool is conducted;f. The type or types of wagers represented;g. The number or numbers representing the betting interests for which the wager is recorded; and,h. The amount or amounts of the contributions to the pari-mutuel pool or pools for which the ticket is evidence.03.Previously Paid, Cancelled, or Non-Existent Pari-Mutuel Ticket. No pari-mutuel ticket recorded or reported as previously paid, cancelled, or non-existent may be deemed a valid pari-mutuel ticket by the racing association. The racing association may withhold payment and refuse to cash any pari-mutuel ticket deemed not valid, except as in these rules.Idaho Admin. Code r. 11.04.01.801