Ohio Administrative Code
Title 3769 - State Racing Commission
Chapter 3769-3 - Wagering
Section 3769-3-09 - Minus pools
Current through all regulations passed and filed through September 16, 2024
(A) No winning wager in any pool shall be paid off at less than the amount of the wager plus ten per cent thereof, except that if a minus pool occurs in any type of wagering, a winning wager shall be paid of at not less than the amount of the wager plus five per cent.
(B) When a minus pool occurs, the permit holder is required to pay the amount of the minus pool from the commission he is permitted to retain, and the total gross breakage from all other pools shall be reduced by the amount of the minus pool. When a minus pool exists at the close of the racing day, the amount of that minus pool shall not be utilized to reduce net breakage from the next day's racing.
R.C. 119.032 review dates:
11/29/2013 and
09/11/2018
Promulgated
Under: 119.03
Statutory Authority: 3769.03
Rule
Amplifies: 3769.03
Prior Effective Dates: 1/1/85,
5/21/90
