68 Ind. Admin. Code 10-9-6

Current through October 23, 2024

Section 68 IAC 10-9-6 - Payment of wagers

Authority: IC 4-33-4-1; IC 4-33-4-2; IC 4-33-4-3

Affected: IC 4-33

Sec. 6.

(a) Winning wagers must be paid at odds of at least one (1) to one (1) except that a commission or vigorish may be taken from the amount won. The vigorish shall be collected at the time that the winning wager is paid.

(b) Promotional wagers must be paid at odds approved by the executive director.

68 IAC 10-9-6

Indiana Gaming Commission; 68 IAC 10-9-6; filed Oct 18, 1999, 1:27 p.m.: 23 IR 540; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; readopted filed Nov 14, 2008, 12:51 p.m.: 20081210-IR-068080730RFA

Readopted filed 11/24/2014, 10:49 a.m.: 20141224-IR-068140402RFA

Readopted filed 11/24/2020, 2:41 p.m.: 20201223-IR-068200446RFA