S.D. Admin. R. 20:04:30:46

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:04:30:46 - Payment requirements - Pari-mutuel system

Payments due on all wagers shall be made in conformity with the established practice of the pari-mutuel system which is to work in dollars and not in the number of tickets. The breakage permitted is deducted in all of the calculations arriving at the payoff prices; i.e., the odd cents over any multiple of 10 cents of winnings per dollar wagered are deducted and retained by the association.

S.D. Admin. R. 20:04:30:46

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

General Authority: SDCL 42-7-56.

Law Implemented: SDCL 42-7-56.