Iowa Admin. Code r. 491-8.2 - General
(1)
Wagering. Each facility shall conduct wagering in accordance
with applicable laws and these rules. Such wagering shall employ a pari-mutuel
system approved by the commission. The totalizator shall be tested prior to and
during the meeting as required by the commission. Annually, the facility shall
have an external audit, approved by the administrator, of the totalizator
system. All systems of wagering other than pari-mutuel, such as bookmaking and
auction-pool selling, are prohibited, and any person attempting to participate
in prohibited wagering shall be ejected or excluded from facility
grounds.
(2)
Records. The facility shall maintain records of all wagering
so the commission may review such records for any contest including the opening
line, subsequent odds fluctuation, the amount and at which window wagers were
placed on any betting interest and such other information as may be required.
Such wagering records shall be retained by each facility and safeguarded for a
period of time specified by the commission. The commission may require that
certain of these records be made available to the wagering public at the
completion of each contest.
The facility shall provide the commission with a list of the licensed individuals afforded access to pari-mutuel records and equipment at the wagering facility.
(3)
Pari-mutuel tickets. A pari-mutuel ticket is evidence of a
contribution to the pari-mutuel pool operated by the facility and is evidence
of the obligation of the facility to pay to the holder thereof such portion of
the distributable amount of the pari-mutuel pool as is represented by such
valid pari-mutuel ticket. The facility shall cash all valid winning tickets
when such are presented for payment during the course of the meeting where sold
and for a specified period after the last day of the meeting as provided in
paragraph 8.2(4)"g."
a. To
be deemed a valid pari-mutuel ticket, such ticket shall have been issued by a
pari-mutuel ticket machine operated by the facility and recorded as a ticket
entitled to a share of the pari-mutuel pool and contain imprinted information
as to:
(1) The name of the facility operating
the meeting.
(2) A unique
identifying number or code.
(3)
Identification of the terminal at which the ticket was issued.
(4) A designation of the performance for
which the wagering transaction was issued.
(5) The contest number for which the pool is
conducted.
(6) The type(s) of
wagers represented.
(7) The
number(s) representing the betting interests for which the wager is
recorded.
(8) The amount(s) of the
contributions to the pari-mutuel pool or pools for which the ticket is
evidence.
b. No
pari-mutuel ticket recorded or reported as previously paid, canceled, or
nonexistent shall be deemed a valid pari-mutuel ticket by the facility. The
facility may withhold payment and refuse to cash any pari-mutuel ticket deemed
not valid, except as provided in paragraph 8.2(4)"e."
(4)
Pari-mutuel
ticket sales.
a. Pari-mutuel tickets
shall not be sold by anyone other than a facility licensed to conduct
pari-mutuel wagering.
b. No
pari-mutuel ticket may be sold on a contest for which wagering has already been
closed, and no facility shall be responsible for ticket sales entered into but
not completed by issuance of a ticket before the totalizator is closed for
wagering on such contest.
c. Claims
pertaining to a mistake on an issued or unissued ticket must be made by the
bettor prior to leaving the seller's window.
d. Payment on winning pari-mutuel wagers
shall be made on the basis of the order of finish as purposely posted and
declared "official." Any subsequent change in the order of finish or award of
purse money(s) as may result from a subsequent ruling by the stewards or
administrator shall in no way affect the pari-mutuel payoff. If an error in the
posted order of finish or payoff figures is discovered, the official order of
finish or payoff prices may be corrected and an announcement concerning the
change shall be made to the public.
e. The facility shall not satisfy claims on
lost, mutilated, or altered pari-mutuel tickets without authorization from the
administrator.
f. The facility
shall have no obligation to enter a wager into a betting pool if unable to do
so due to equipment failure.
g.
Payment on valid pari-mutuel tickets shall be made only upon presentation and
surrender to the facility where the wager was made within 60 days following the
close of the meeting during which the wager was made. Failure to present any
such ticket within 60 days shall constitute a waiver of the right to receive
payment.
(5)
Advance performance wagering. Rescinded IAB 2/22/23, effective
3/29/23.
(6)
Claims for
payment from pari-mutuel pool. At a designated location, a written,
verified claim for payment from a pari-mutuel pool shall be accepted by the
facility in any case where the facility has withheld payment or has refused to
cash a pari-mutuel wager. The claim shall be made on such form as approved by
the administrator, and the claimant shall make such claim under penalty of
perjury. The original of such claim shall be forwarded to the administrator
within 48 hours.
a. In the case ofa claim made
for payment of a mutilated pari-mutuel ticket which does not contain the total
imprinted elements required in paragraph 8.2(3)"a" of these
general provisions, the facility shall make a recommendation to accompany the
claim forwarded to the administrator as to whether or not the mutilated ticket
has sufficient elements to be positively identified as a winning
ticket.
b. In the case of a claim
made for payment on a pari-mutuel wager, the administrator shall adjudicate the
claim and may order payment thereon from the pari-mutuel pool or by the
facility, may deny the claim, or may make such other order as the administrator
may deem proper.
(7)
Payment for errors. If an error occurs in the payment amounts
for pari-mutuel wagers which are cashed or entitled to be cashed, and as a
result of such error the pari-mutuel pool involved in the error is not
correctly distributed among winning ticket holders, the following shall apply:
a. Verification is required to show that the
amount of the commission, the amount in breakage, and the amount in payoffs are
equal to the total gross pool. If the amount of the pool is more than the
amount used to calculate the payoff, the underpayment shall be added to the
corresponding pool of the next contest. If an underpayment is discovered after
the close of the meeting, the underpayment shall be held in an interest-bearing
account approved by the administrator until being added, together with accrued
interest, to the corresponding pool of the next meet.
b. Any claim not filed with the facility
within 30 days, inclusive of the date on which the underpayment was publicly
announced, shall be deemed waived, and the facility shall have no further
liability therefor.
c. In the event
the error results in an overpayment to winning wagers, the facility shall be
responsible for such payment.
(8)
Betting explanation. A
summary explanation of pari-mutuel wagering and each type of betting pool
offered shall be published in the program for every wagering performance. The
rules of racing relative to each type of pari-mutuel pool offered must be
prominently displayed on facility grounds and available upon request through
facility representatives.
(9)
Display of betting information.
a. Approximate odds for win pool betting
shall be posted on display devices within view of the wagering public and
updated at intervals of not more than 90 seconds.
b. The probable payoff or amounts wagered, in
total and on each betting interest, for other pools may be displayed to the
wagering public at intervals and in a manner approved by the
administrator.
c. Official results
and payoffs must be displayed upon each contest being declared
official.
(10)
Canceled contests. If a contest is canceled or declared "no
contest," refunds shall be granted on valid wagers in accordance with these
rules.
(11)
Refunds.
a. Notwithstanding
other provisions of these rules, refunds of the entire pool shall be made on:
(1) Win pools, exacta pools, and first-half
double pools offered in contests in which the number of betting interests has
been reduced to fewer than two.
(2)
Place pools, quinella pools, trifecta pools, first-half quinella double pools,
first-half twin quinella pools, first-half twin trifecta pools, and first-half
tri-superfecta pools offered in contests in which the number of betting
interests has been reduced to fewer than three.
(3) Show pools, superfecta pools, and
first-half twin superfecta pools offered in contests in which the number of
betting interests has been reduced to fewer than four.
b. Authorized refunds shall be paid upon
presentation and surrender of the affected pari-mutuel ticket.
(12)
Coupled entries and
mutuel fields.
a. Contestants
coupled in wagering as a coupled entry or mutuel field shall be considered part
of a single betting interest for the purpose of price calculations and
distribution of pools. Should any contestant in a coupled entry or mutuel field
be officially withdrawn or scratched, the remaining contestants in that coupled
entry or mutuel field shall remain valid betting interests and no refunds will
be granted. If all contestants within a coupled entry or mutuel field are
scratched, then tickets on such betting interests shall be refunded,
notwithstanding other provisions of these rules.
b. For the purpose of price calculations
only, coupled entries and mutuel fields shall be calculated as a single
finisher, using the finishing position of the leading contestant in that
coupled entry or mutuel field to determine order of placing. This rule shall
apply to all circumstances, including situations involving a dead heat, except
as otherwise provided by these rules.
(13)
Pools dependent upon betting
interests. Unless the administrator otherwise provides, at the time
the pools are opened for wagering, the facility:
a. May offer win, place, and show wagering on
all contests.
b. May prohibit show
wagering on any contest with five or fewer betting interests scheduled to
start.
c. May prohibit place
wagering on any contest with four or fewer betting interests scheduled to
start.
d. May prohibit quinella
wagering on any contest with three or fewer betting interests scheduled to
start.
e. May prohibit quinella
double wagering on any contests with three or fewer betting interests scheduled
to start.
f. May prohibit exacta
wagering on any contest with three or fewer betting interests scheduled to
start.
g. May prohibit trifecta
wagering on any contest with five or fewer betting interests scheduled to
start, or as provided in subparagraph 8.2(13)"g"(1) below:
(1) Cancel trifecta. The stewards have the
authority to cancel trifecta wagering at any time they determine an irregular
pattern of wagering or determine that the conduct of the race would not be in
the interest of the regulation of the pari-mutuel wagering industry or in the
public confidence in racing. The stewards may approve smaller fields for
trifecta wagering if extraneous circumstances are shown by the
facility.
(2) Reserved.
h. May prohibit superfecta and
pentafecta wagering on any contest with seven or fewer betting interests
scheduled to start.
i. May prohibit
twin quinella wagering on any contests with three or fewer betting interests
scheduled to start.
j. May prohibit
twin trifecta wagering on any contests with seven or fewer betting interests
scheduled to start, except as provided in subparagraph
8.2(13)"g"(1).
k.
May prohibit tri-superfecta wagering on any contests with seven or fewer
betting interests scheduled to start.
l. May prohibit twin superfecta wagering on
any contests with seven or fewer betting interests scheduled to
start.
(14)
Prior
approval required for betting pools.
a. A facility that desires to offer new forms
of wagering must apply in writing to the administrator and receive written
approval prior to implementing the new betting pool.
b. The facility may suspend previously
approved forms of wagering with the prior approval of the administrator. Any
carryover shall be held until the suspended form of wagering is reinstated. A
facility may request approval of a form of wagering or separate wagering pool
for specific requirements.
(15)
Closing of wagering in a
contest.
a. All wagering shall stop
and all pari-mutuel machines shall be locked at post time or at the actual
start of the races. Machines shall be automatically locked, unless unusual
circumstances dictate that the stewards act differently.
b. The facility shall maintain, in good
order, a system approved by the administrator for closing wagering.
(16)
Complaints pertaining
to pari-mutuel operations.
a. When a
patron makes a complaint to a facility regarding the mutuel department, the
facility shall immediately issue a complaint report, setting out:
(1) The name of the complainant;
(2) The nature of the complaint;
(3) The name of the persons, if any, against
whom the complaint was made;
(4)
The date of the complaint;
(5) The
action taken or proposed to be taken, if any, by the facility.
b. The facility shall submit every
complaint report to the commission within five days after the complaint was
made.
(17)
Facility/vendor employees. All facility/vendor employees shall
report immediately to the administrator any known irregularities or wrongdoings
by any person involving pari-mutuel wagering and shall cooperate in subsequent
investigations.
(18)
Unrestricted access. The facility shall permit the commission
unrestricted access at all times to its facilities and equipment and to all
books, ledgers, accounts, documents and records of the facility that relate to
pari-mutuel wagering.
(19)
Totalizator breakdown. In the event of irreparable breakdown
of the totalizator during the wagering on a race, the wagering on that race
shall be declared closed and the payoff shall be computed on the sums wagered
in each pool up to the time of the breakdown.
(20)
Minimum wager and
payoff. The minimum wager to be accepted by any licensed facility for
win, place and show wagering shall be $2. The minimum payoff on a $2 wager
shall be $2.10. For all other wagers, the minimum wager to be accepted by any
licensed facility shall be $1. The minimum payoff for a $1 wager shall be
$1.05. Any deviation from these minimums must be approved by the administrator.
In cases where a minus pool occurs, the facility is responsible for the payment
of the minimum payoff and no breakage shall be incurred from that pari-mutuel
pool.
(21)
Underage
wagering prohibited. No person under the age of 21 shall be permitted
by any licensed facility to purchase or cash a pari-mutuel ticket.
(22)
Emergency situations.
In the event of an emergency in connection with the mutuel department not
covered in these rules, the pari-mutuel manager representing the facility shall
report the problem to the stewards, and the stewards shall render a full report
to the administrator or administrator's designee within 48 hours.
(23)
Commission mutuel
supervisor. The commission may employ a mutuel supervisor with
accounting experience to serve as the commission's designated representative at
each race meeting as provided in Iowa Code section
99D.19. In the absence of a
specifically appointed commission mutuel supervisor, the board of stewards or
simulcast steward will perform the functions and duties of the
commission.
Notes
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