Mich. Admin. Code R. 431.2010 - Pari-mutuel ticket sales payoffs
Rule 2010.
(1)
Pari-mutuel tickets shall be sold only at either regular ticket windows which
are properly designated by signs or through authorized systems. Parimutuel
tickets shall not be exchanged.
(2)
Wagers shall be paid when a race is declared official by the stewards. A race
is official when an official sign is purposely displayed or an official
announcement is made. Any subsequent ruling of the executive director or
stewards with regard to the award of purse money shall have no bearing on the
mutuel payoff.
(3) Payment on
winning pari-mutuel tickets shall be made only upon presentation and surrender
of such tickets.
(4) All winning
pari-mutuel tickets may be presented for payment to the association concerned
within 60 days after the last day of the race meeting pursuant to section 2 of
1951 PA 90, MCL 431.252.
(5)
Tickets altered or mutilated in any way are void and worthless. Torn tickets,
if properly identifiable, must be honored by the association. The
responsibility for identifying tickets rests with the association.
(6) If there is any error in calculation
where the public is underpaid, the amount of the underpayment shall be added to
the same pool on the next race. If such an error results in the public being
overpaid, the amount of the overpayment is chargeable against the funds of the
association.
(7) Payments must be
made only on the first 3 horses passing the finish line according to the
official order of finish, except in the case of a dead heat, in which case
payments must be made on all win, place and show finishers.
(8) If a horse is excused from racing for any
reason after the betting thereon has begun, or if a horse becomes locked in the
starting gate, the money bet on that horse shall be refunded, except that when
the horse is part of an entry or a mutuel field, there shall be no refund if
the entry or the mutuel field, as the case may be, has at least 1 actual
starter, or if the particular wager assigns the post time favorite in place of
a scratched horse.
(9) The
association shall require positive identification of a winning ticket holder
before payment when, in the stewards' discretion, circumstances warrant the
action.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.