68 IAC 10-3-5 Payment of wagers

Sec. 5. (a) Winning wagers must be paid at the following odds: (1) Straight up bets must be paid at odds of at least thirty-five (35) to one (1). (2) Split bets must be paid at odds of at least seventeen (17) to one (1). (3) Row or street bets must be paid at odds of at least eleven (11) to one (1). (4) Corner bets must be paid at odds at least eight (8) to one (1). (5) Five number bets must be paid at odds at least six (6) to one (1). (6) Line bets must be paid at odds at least five (5) to one (1). (7) Dozen bets must be paid at odds at least two (2) to one (1). (8) Column bets must be paid at odds at least two (2) to one (1). (9) Eighteen number bets must pay odds at least one (1) to one (1). (10) Red or black bets must pay odds at least one (1) to one (1). (11) Odd or even bets must pay odds at least one (1) to one (1). (b) Promotional wagers must be paid at odds approved by the executive director and which are reasonable in the industry.