205 CMR 7.05 - General-Interstate Common Pool Wagering
(1) All
contracts governing participation in interstate common pool wagering shall be
submitted to the Commission for approval prior to commencement of the first
simulcast performance between the given host association and guest association.
(ARCI c. 9 i.c.w sec. A(1))
(2)
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 but will be held separate for auditing and all other purposes. (ARCI c.
9 i.c.w sec. A(2))
(3) Any
surcharges or withholding in addition to the takeout shall only be applied in
the jurisdiction otherwise imposing such surcharges or with holdings. (ARCI c.
9 i.c.w sec. A(3))
(4) In
determining whether to approve an interstate common pool which does not include
the host track or which includes contests from more than one association, 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 when in
conformity with M.G.L. c. 128C. (ARCI c. 9 i.c.w sec. A(4))
(5) 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 similar information permitted or required to be displayed under
205 CMR 7.00. (ARCI c. 9 i.c.w
sec. A(5))
(6) In the event of
humanerr or, malfunction and any other breaches of
205 CMR 7.00 or accepted pari
mutuel accounting practices, reports shall be filed with the Commission
representative at the facility within 24 hours of the incident by all mutuel
managers and tote operators involved and/or in charge. The report shall be
specific as to date, time of race and pools affected by the incident and shall
include:
(a) a narrative written explanation
of the cause of the incident.
(b)
any and all corrective measures that were taken.
(c) any and all solutions applied and/or any
and all related rules, if such solutions are not governed by rules then:
1. a narrative explanation as to the basis
for the solution applied.
2. any
and all economic impact on the licensee's revenue that is a result of the
incident.
(7)
When the pools have been closed for wagering they may be re-opened only if the
host track is willing to accept additional bets from the guest track. When the
race is made official pools may not be re-opened under any circumstance for any
reason.
(8) If the machines a
reclosed and then are re-opened at the guest or host track within the
Commonwealth a detailed written report by the mutuel manager shall be filed
with the Commission representative and the tote operator immediately after the
incident.
(9) The guest track may
accept wagers on any pari-mutuel pool offered by the host track. The guest
track assumes all liability to pay the posted price at the host track on all
wages it accepts.
(10) The
association shall prior to each simulcast or live simulcast meeting whether it
is the host or guest association, notify the state representative on duty as to
all contractual agreements and all percentages of distribution from the
take-out from each simulcast program shown in that meet on the simulcast one
form as provided by the Commonwealth.
Notes
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