ARSD 20:04:30:46

ARSD 20:04:30:46. Payment requirements -- Pari-mutuel system

Last amended: 1986Year: 2026Length: 68 wordsOfficial source

Cite as S.D. Admin. R. 20:04:30:46

Payments due on all wagers shall be made in conformity with the established practice of the pari-mutuel system which is to work in dollars and not in the number of tickets. The breakage permitted is deducted in all of the calculations arriving at the payoff prices; i.e., the odd cents over any multiple of 10 cents of winnings per dollar wagered are deducted and retained by the association.
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