Wyoming Administrative Code
Agency 038 - Wyoming Gaming Commission
Sub-Agency 0001 - Pari-Mutuel
Chapter 9 - RULES FOR PARI-MUTUEL BETTING
Section 9-3 - Interstate Common Pool Wagering

Universal Citation: WY Code of Rules 9-3

Current through September 21, 2024

(a) General

(i) All contracts governing participation in interstate common pools shall be submitted to the Commission for approval.

(ii) Individual wagering transactions are made at the point of sale in the state where placed. Pari-mutuel pools are combined for computing odds and calculating payoffs and breakage, but will be held separate for auditing and all other purposes.

(iii) Any surcharges or withholdings in addition to the takeout shall only be applied in the jurisdiction otherwise imposing such surcharges or withholdings.

(iv) In determining whether to approve an interstate common pool which does not include the host track, the Commission shall consider and may approve use of a bet type which is not utilized at the host track, application of a takeout rate not in effect at the host track, or other factors which are presented to the Commission.

(v) The content and format of the visual display of racing and wagering information at facilities in other jurisdictions where wagering is permitted in the interstate common pool need not be identical to the similar information permitted or required to be displayed under these rules.

(vi) In cases where host track state wagering rules differ from guest state wagering rules, host track state rules shall apply.

(b) Guest State Participation in Interstate Common Pools

(i) With the prior approval of the Commission, pari-mutuel wagering pools may be combined with corresponding wagering pools in the host state, or with corresponding pools established by one or more other jurisdictions.

(ii) The Commission may permit adjustment of the takeout from the pari-mutuel pool so that the takeout rate in this jurisdiction is identical to that at the host track, or identical to that of other jurisdictions participating in a merged pool.

(iii) Where takeout rates in the merged pool are not identical, the net price calculation shall be the method by which the differing takeout rates are applied.

(iv) Rules of racing as established for the contest in the host state shall apply to the merged pool.

(v) The Commission shall approve agreements made between the Permittee and other participants in interstate common pools governing the distribution of breakage between the jurisdictions.

(vi) If, for any reason, it becomes impossible to successfully merge the bets placed into the interstate common pool, the Permittee shall make payoffs in accordance with payoff prices that would have been in effect if prices for the pool of bets were calculated without regard to wagers placed elsewhere; except that, with permission of the Commission, the Permittee may alternatively determine to either pay winning tickets at the payoff prices at the host track, or declare such accepted bets void and make refunds in accordance with the applicable rules.

(c) Host State Participation in Merged Pools

(i) With the prior approval of the Commission, an Permittee licensed to conduct pari-mutuel wagering may determine that one or more of its contest be utilized for pari-mutuel wagering at guest facilities in other states, and may also determine that pari-mutuel pools in guest state be combined with corresponding wagering pools established by it as the host track or comparable wagering pools established by two or more states.

(ii) Where takeout rates in the merged pool are not identical, the net price calculation shall be the method by which the differing takeout rates are applied.

(iii) The Commission shall approve agreements made between the Permittee and other participants in interstate common pools governing the distribution of breakage between the jurisdictions.

(iv) Any contract for interstate common pools entered into by the Permittee shall contain a provision to the effect that if, for any reason, it becomes impossible to successfully merge the bets placed in another state into the interstate common pool formed by the Permittee, or if, for any reason, the Commission's or the Permittee's representative determines that attempting to effect transfer of pool data from the guest state may endanger the Permittee's wagering pool, the Permittee shall have no liability for any measures taken which may result in the guest's wagers not being accepted into the pool.

(d) Takeout Rates in Interstate Common Pools

(i) With the prior approval of the Commission, a Permittee wishing to participate in an interstate common pool may change its takeout rate (within the limits permitted by state law) so as to achieve a common takeout rate with all other participants in the interstate common pool.

(ii) A Permittee wishing to participate in an interstate common pool may request that the Commission approve a methodology whereby host and guest states with different takeout rates for corresponding pari-mutuel pools may effectively and equitably combine wagers from the different states into an interstate common pool.

Disclaimer: These regulations may not be the most recent version. Wyoming may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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