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Can you summarize OHAC Chapter 3769-13?
State Racing Commission > Wagering
Short Summary
The legal document covers various aspects of wagering in horse racing events. It establishes rules and regulations for different types of wagers, such as quinella, pentafecta, exacta(n), place pool, future wager, superfecta, twin trifecta, show pool, daily double, parimutuel pools, dead heats, and totalizator systems. The document outlines the distribution of winnings for each type of wager, including scenarios involving dead heats and scratched horses. It also addresses the penalties that may be imposed for violations of the wagering rules, such as fines, license suspensions, license revocations, and being ruled off Ohio race tracks. Additionally, the document governs the operation and requirements of totalizator systems for parimutuel wagering. It specifies the responsibilities of permit holders, such as maintaining a telephone system, displaying odds, and providing records of wagering. The document also covers emergency situations, incorrect payments, and the handling of win three pools, fortune pick (n) contests, and exotic wagering. Overall, the legal document provides a comprehensive framework for wagering in horse racing events and ensures fairness and transparency in the distribution of winnings.
Whom does it apply to?
The legal document applies to permit holders, licensees, representatives of permit holders, associations offering future wagers, and individuals participating in horse racing contests.
What does it govern?
The legal document governs various aspects of wagering in horse racing events, including the distribution of winnings, penalties for violations, and the operation of totalizator systems.
What are exemptions?
No specific exemptions are mentioned in the legal document.
What are the Penalties?
The penalties that may be imposed for violations of the rules related to wagering in horse racing include fines, license suspensions, license revocations, and being ruled off Ohio race tracks.
Jurisdiction
Ohio