New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 70 - HORSE RACING
Subchapter 29 - MUTUELS
Section 13:70-29.51 - Break to nickel in the event of a minus pool
Universal Citation: NJ Admin Code 13:70-29.51
Current through Register Vol. 56, No. 6, March 18, 2024
The minimum pari-mutuel payoff by any licensee conducting pari-mutuel wagering shall be $ 2.10 on each winning $ 2.00 wager. This shall pertain only in the event that there is insufficient money in the net pari-mutuel pool to return $ 2.20 on each $ 2.00 wager.
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