Structured Wagers

Structured Wagers (a) A book, its officers, employees or agents shall not encourage or instruct the patron to structure or attempt to structure wagers. This subsection does not prohibit a book from informing a patron of the regulatory requirements imposed upon the book, including the definition of structured wagers. (b) A book, its officers, employees or agents shall not knowingly assist a patron in structuring or attempting to structure wagers. (c) As used in this section, “structure wagers” or “structuring wagers” means to willfully conduct or attempt to conduct a series of wagers in any amount, at one or more books, on one or more days in any manner as to willfully evade or circumvent the recording and reporting requirements of Rule 3.5. The wager or wagers need not exceed the dollar thresholds in Rule 3.5 at any single book in any single day in order to constitute structuring within the meaning of this definition.