Ohio Admin. Code 3769-3-09 - Minus pools
(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.
Notes
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 05/21/1990
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 1/1/85, 5/21/90
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