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Can you summarize SDAR Chapter 20:04:30?
GAMING COMMISSION - RACING (REVENUE) > Pari-mutuels and wagering.
Short Summary
The document governs the conduct of superfecta pool and wagering in pari-mutuel racing meetings conducted by associations licensed by the commission. It specifies that after deduction of a commission and breakage, a pari-mutuel pool shall be redistributed to the winning contributors. Each association must redistribute not less than $1.10 on each $1.00 wager, even in the case of a minus pool. Violation of this rule may result in the revocation of the license. The document also provides rules for the superfecta pool distribution, payouts, dead heats, coupled entries and mutual fields, and the substitution of nonstarting selections. It further outlines the distribution of the daily triple pari-mutuel pool, refund policies, and the distribution of the pool if no ticket is sold. The document also covers the distribution of the twin trifecta jackpot pool, the establishment of a seed pool, and the distribution of the jackpot and seed pools. It provides rules for the distribution of the perfecta, quinella, and daily double pools, including dead heats and scratched horses. The document also mentions the calculation and distribution of the place pool in case of dead heats. No specific exemptions or penalties are mentioned in this document.
Whom does it apply to?
Associations licensed by the commission conducting pari-mutuel racing meetings.
What does it govern?
The document governs the conduct of superfecta pool and wagering in pari-mutuel racing meetings conducted by associations licensed by the commission.
What are exemptions?
No specific exemptions or penalties are mentioned in this document.
What are the Penalties?
Revocation of license for violation of redistributing less than $1.10 on each $1.00 wager in a mutuel pool.
Jurisdiction
South Dakota