Mich. Admin. Code R. 431.2010

Current through Vol. 24-10, June 15, 2024

Section R. 431.2010 - Pari-mutuel ticket sales payoffs

Rule 2010.

(1) Pari-mutuel tickets shall be sold only at either regular ticket windows which are properly designated by signs or through authorized systems. Parimutuel tickets shall not be exchanged.

(2) Wagers shall be paid when a race is declared official by the stewards. A race is official when an official sign is purposely displayed or an official announcement is made. Any subsequent ruling of the executive director or stewards with regard to the award of purse money shall have no bearing on the mutuel payoff.

(3) Payment on winning pari-mutuel tickets shall be made only upon presentation and surrender of such tickets.

(4) All winning pari-mutuel tickets may be presented for payment to the association concerned within 60 days after the last day of the race meeting pursuant to section 2 of 1951 PA 90, MCL 431.252.

(5) Tickets altered or mutilated in any way are void and worthless. Torn tickets, if properly identifiable, must be honored by the association. The responsibility for identifying tickets rests with the association.

(6) If there is any error in calculation where the public is underpaid, the amount of the underpayment shall be added to the same pool on the next race. If such an error results in the public being overpaid, the amount of the overpayment is chargeable against the funds of the association.

(7) Payments must be made only on the first 3 horses passing the finish line according to the official order of finish, except in the case of a dead heat, in which case payments must be made on all win, place and show finishers.

(8) If a horse is excused from racing for any reason after the betting thereon has begun, or if a horse becomes locked in the starting gate, the money bet on that horse shall be refunded, except that when the horse is part of an entry or a mutuel field, there shall be no refund if the entry or the mutuel field, as the case may be, has at least 1 actual starter, or if the particular wager assigns the post time favorite in place of a scratched horse.

(9) The association shall require positive identification of a winning ticket holder before payment when, in the stewards' discretion, circumstances warrant the action.

Mich. Admin. Code R. 431.2010

1985 AACS; 2021 MR 6, Eff. 3/26/2021