Horse betting rule 408

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FREE BITCOINS HACK/EXTENSION

At step , win bets 22 are received from one or more clients 20 via one or more betting system interfaces 14 , such as described above with reference to FIG. For example, in the example horse race discussed above with reference to FIGS. At step , group bets 24 are received from one or more clients 20 via one or more betting system interfaces 14 , such as described above with reference to FIG.

In some situations, steps and may be occur simultaneously, or may at least partially overlap. A take-out commission rate may be applied to each received win bet 22 and group bet 24 at step , such as described above with reference to FIG. At step , each received group bet 24 may be divided and allocated among all participants covered by the group bet 24 , or all grouped participants, such that the potential payout for the group bet 24 is related to the odds on the favorite participant, such as described above with reference to FIGS.

For example, the after-commission group bet pool may be divided an allocated as shown in column of FIG. For example, in the example discussed above, various win bet payouts and profits shown in table A of FIG. Step is described in greater detail with reference to FIG. For example, in the example discussed above, various group bet payouts and profits shown in table A of FIG.

At least portions of steps and may be performed simultaneously. At step , it is determined whether the betting pool is closed. In some embodiments, the betting pool, which includes all bets on the event to be considered in the final determination of payouts, may be closed substantially at the time of or after betting is closed on the event. For example, in some embodiments, bets which are made prior to the close of betting but are processed at least partially after the close of betting such as due to processing and transmission delays, for example may be included within the betting pool.

In this manner, the allocation of the group bet pool may be continuously or at preset intervals updated in order to provide the appropriate win bet and group bet payouts which are determined at steps and , respectively. If it is determined at step that the betting pool is closed, the method proceeds to step At step , it is determined whether any of the participants in the event will not be competing in the event, such as if a participant is scratched, withdrawn, or becomes a non-runner, for example.

For example, betting system platform 16 may receive a notification that one or more of the participants has been withdrawn from the event prior to the start of the event. If it is determined at step that one or more participants will not be competing in the event, the method may return to step to recalculate the allocation of the group bet pool based on the updated set of participants in the event.

Otherwise, the method may proceed to step In an alternative embodiment, if it is determined at step that one or more participants will not be competing in the event, all group bets 24 may be cancelled, and refunds may be issued for such group bets It should be understood that step may be performed before, after, or both before and after step At step , the results of the event are received, such as the final position of each participant in the event and whether there was a tie for any position, for example.

At step , win bet payouts may be distributed to clients 20 who made win bets 22 on the winning participant. For example, assuming in the example discussed above that Horse 1 won the race, win bet payouts may be distributed to clients 20 who made win bets 22 on Horse 1 , which payouts may be based on payouts determined at step , such as payout per win bet unit currency if Horse 1 were to win, A, for example.

In some embodiments, win bet payouts may be distributed according to the final determination of win bet payouts made at step In alternative embodiments, win bet payouts may be distributed according to a final determination of win bet payouts made after the betting closed or even after the event was completed. At step , group bet payouts may be distributed to clients 20 who made winning group bets For example, assuming in the example discussed above that Horse 1 won the race, the group bet 24 is a winning bet, and thus group bet payouts may be distributed to all clients 20 who wagered on the group bet Such group bet payouts may be based on payouts determined at step , such as payout per group bet unit currency if Horse 1 were to win, A, for example.

In some embodiments, group bet payouts may be distributed according to the final determination of group bet payouts made at step In alternative embodiments, group bet payouts may be distributed according to a final determination of group bet payouts made after the betting closed or even after the event was completed. For example, in the example discussed above, the method may be used to determine the payouts for win bets 22 made on each of the five horses.

At step , a participant in the set of participants in the event is selected. For example, in the example discussed above, Horse 1 may be selected first, and steps through may then be performed to determine the total win bet payout for win bets 22 made on Horse 1. At step , the total after-commission AC stake on all non-selected participants is determined.

For example, equation shown in FIG. At step , the total AC stake on the selected participant is determined, such as using equation shown in FIG. The total AC win bet stake on the selected participant is determined at step At step , the total AC win bet payout for the selected participant is determined, such as using either equation A or B shown in FIG. At step , the AC payout per win bet unit currency for the selected participant is determined, such as using either equation A or B shown in FIG.

This may comprise, for example, determining the payout per one dollar wagered on a win bet on the selected participant. At step , it is determined whether there are any more participants in the set of participants in the event. If so, the method returns to repeat steps through for each remaining participant.

If not, the method ends. For example, in the example discussed above, through are repeated for Horses 2 , 3 , 4 and 5 to determine the payouts for win bets 22 made on each of the Horses 2 , 3 , 4 and 5. For example, in the example discussed above, the method may be used to determine the payouts for group bets Steps through are then performed, as discussed below, to determine the group bet payout if the selected participant were to win the event. For example, in the example discussed above, Horse 1 may be selected first at step to determine at steps to the group bet payout if Horse 1 were to win the race.

The AC portion of the group bet allocated to the selected participant such as at step shown in FIG. At step , the total AC group bet payout if the selected participant were to win the event is determined, such as using either equation A or B shown in FIG. At step , the AC payout per group bet unit currency for the selected participant is determined, such as using either equation A or B shown in FIG.

This may comprise, for example, determining the payout per one dollar wagered on the group bet For example, in the example discussed above, through are repeated for Horses 2 , 3 , 4 and 5 to determine the payouts for group bets 24 if each of the Horses 2 , 3 , 4 and 5 were to win the race.

It should be understood that in various embodiments, the steps of the methods shown in FIGS. In addition, various steps and methods shown in FIGS. For example, as discussed above, in some embodiments, steps and shown in FIG. As another example, steps and shown in FIG. As discussed above, the group of participants covered by a particular group bet 24 is undefined until some time after the group bet 24 is received from a client Thus, the group bet 24 may cover all of the participants in the race event excluding one or more favorite participants, at least one of which may change one or more times between the time that the group bet 24 is placed by the client 20 and the time at which the favorite participants are determined, as discussed below.

The current favorite participant at any particular point in time may be the participant on which the greatest total amount has been wagered to win the race at that particular point in time. Thus, the current favorite participant may change over time as various amounts are wagered on the participants in the race event. For example, after a number of wagers have been placed on a particular horse race, horse 3 may be the current favorite i. Suppose after some time, the total amount wagered on horse 5 exceeds the total amount wagered on horse 3 as well as the amount wagered on each other horse in the race.

Horse 5 thus becomes the new current favorite. Thus, the eventual favorite horse that is excluded from the group bet 24 , and thus the group of horses covered by the group bet 24 , are undefined until the close of betting or some time after the close of betting on the race.

As discussed above, the current favorite horse may change one or more times between the time that betting on the race opens and the determination of the eventual favorite horse. Thus, for example, suppose a client 20 places such a group bet 24 at a point when the favorite is horse 4.

However, by the close of betting on the race, horse 7 has become the favorite horse in the race i. Thus, the favorite horse that is excluded from the client 20 's group bet 24 is defined as horse 7 , and the group of horses covered by client 20 's group bet 24 is defined to include horses 1 - 6 and 8 - 10 or any subset thereof. Thus, client 20 wins the group bet 24 if any of the horses covered by his or her group bet 24 namely, appropriate ones, or all, of horses 1 - 6 and 8 - 10 wins the race, but loses the group bet 24 if horse 7 wins the race.

In some embodiments, particular group bets 24 may comprise a bet against more than one favorite participant in a race event, where these favorite participants are not determined until some point after the group bets 24 are placed.

For example, a particular group bet 24 may comprise a bet against the top two favorites in a race, such as discussed below in the example method of FIG. As another example, a particular group bet 24 may comprise a bet against the top three favorites in a race. For exemplary purposes only, the following discussion regards an example horse race having eight horses, Horses 1 - 8.

At step , win bets 22 on Horses 1 - 8 are received from one or more clients 20 via one or more betting system interfaces 14 , such as described above with reference to FIG. Each win bet 22 received at step may be stored at step , such as within memory 40 , for example. For example, potential payout data 56 for win bets 22 on each Horse 1 - 8 to win the race, as well as for one or more different group bets 24 , may be updated periodically or after each received win bet At step , current odds data 50 , such as current potential payout data 56 , for example, may be communicated or made available to clients 20 via one or more betting system interfaces 14 in real time or substantially in real time.

It should be understood that the group bet 24 may exclude any suitable number of participants. Thus, at the time that each group bet 24 is received, the two horses that are excluded from the covered group, and thus the group of horses that are covered by the group bet 24 , are undefined.

In some situations, steps and may occur simultaneously, or may at least partially overlap. Each group bet 24 received at step may be stored at step , such as within memory 40 , for example. At step , it is determined whether the betting for the race is closed. In some embodiments, the betting for the race may close at some time shortly before the start of the race.

Alternatively, if it is determined at step that the betting for the race is closed, the method proceeds to step At step , it is determined whether any of the horses in the event will not be competing in the event, such as if a horse is scratched, withdrawn, or becomes a non-runner, for example. For example, betting system platform 16 may receive a notification that one or more of the horses has been withdrawn from the event prior to the start of the event.

In some embodiments, the eventual top two favorite horses are the two horses having the highest total amount of money wagered on such horses considering all or substantially all of the win bets 22 received for the race. For example, if it is determined based on all or substantially all of the win bets 22 received for the race that of all the horses in the race, the total amount of money wagered on Horse 2 was the highest of any horse, and the total amount of money wagered on Horse 5 was the second highest of any horse, Horses 2 and 5 are determined to be the eventual top two favorite horses.

As discussed above, Horses 2 and 5 may not have been the top two favorites throughout the period of betting on the race. At step , the group of horses covered by the received group bets 24 are defined based at least on the horses determined at step In particular, the group of horses covered by the received group bets 24 are defined by excluding the eventual top two favorite horses determined at step from the plurality of horses that participated in the race.

Thus, in the example discussed above, the group of horses covered by the received group bets 24 is defined at step as including all of Horses 1 - 8 except for the eventual top two favorite horses, Horses 2 and 5. Thus, the group of horses covered by the received group bets 24 includes Horses 1 , 3 - 4 , and 6 - 8. At step , the results of the race are received, such as the final position of each horse in the race and whether there was a tie for any position, for example.

At step , a take-out commission rate may be applied to each received and stored win bet 22 and group bet 24 , such as described above with reference to step of FIG. At step , each received group bet 24 may be divided and allocated among all horses covered by the group bet 24 namely, Horses 1 , 3 - 4 , and 6 - 8 as described above with reference to step of FIG. For example, payouts may be determined for each win bet 22 placed on the winning horse. At step , win bet payouts may be distributed to clients 20 who made win bets 22 on the winning participant, such as described above with reference to step of FIG.

At step , if the group bet 24 was a winning bet i. It should be understood that in various embodiments, the steps of the method shown in FIG. In addition, various steps shown in FIG. As discussed above, in some embodiments, payouts for each group bet 24 for an event may be determined—and fixed—based on odds determined for one or more participants in the event at the time or substantially at the time that group bet 24 is received from, or placed by, a client For exemplary purposes only, the following discussion regards an example horse race having seven horses, Horses 1 - 7 , in which a group bet 24 against Horse 3 is offered i.

At step , win bets 22 on Horses 1 - 7 are received from one or more clients 20 via one or more betting system interfaces 14 , such as described above with reference to FIG. For example, potential payout data 56 for win bets 22 on each Horse 1 - 7 to win the race, as well as for one or more different group bets 24 , may be updated periodically or after each received win bet At step , current odds data 50 , such as current potential payout data 56 for example, may be communicated or made available to clients 20 via one or more betting system interfaces 14 in real time or substantially in real time.

Thus, the potential payout for first client 20 a 's group bet 24 a is determined based on bets 12 that have been received prior to Time 1. Regarding table , column indicates the total amounts wagered on win bets 22 for each of Horses 1 - 7 at Time 1 ; column indicates the total amount—i. The allocation of the group bet pool indicated in column may be determined according to equation shown in FIG.

The after-take-out allocation of the group bet pool indicated in column may be determined according to equation shown in FIG. Referring back to FIG. Thus, the potential payout for second client 20 b 's group bet 24 b is determined based on bets 12 that have been received prior to Time 2 , including bets 12 placed between Time 1 when group bet 24 a was placed by first client 20 a and Time 2.

Regarding table , column indicates the total amounts wagered on win bets 22 for each of Horses 1 - 7 at Time 2 ; column indicates the total amount—i. At step , win bets 12 on Horses 1 - 7 and group bets 24 against Horse 3 may continue to be received from clients The potential payout for each particular received group bet 24 may be determined based on the bets 12 received prior to that particular group bet 24 , such as described above regarding particular group bets 24 a and 24 b.

At step , betting for the race is closed. In some embodiments, betting for the race may be closed at some time shortly before the start of the race. At step , the results of the race are received, such as the final position of each of Horses 1 - 7 in the race and whether there was a tie for any position, for example. At step , it is determined whether groups bets 24 are winning bets based on whether Horse 3 was the winning horse.

If Horse 3 was the winning horse, groups bets 24 are losing bets and no payouts are distributed for group bets 24 , as indicated at step If any of the horses covered by group bets 24 —namely, Horses 1 - 2 and 4 - 7 —was the winning horse, groups bets 24 are winning bets and group bet payouts previously determined for each received group bet 24 may be distributed to clients 20 including first client 20 a and second client 20 b who placed group bets 24 , as indicated at step Although embodiments of the invention and their advantages are described in detail, a person skilled in the art could make various alterations, additions, and omissions without departing from the spirit and scope of the present invention as defined by the appended claims.

Year of fee payment : 4. Year of fee payment : 8. Year of fee payment : A method of managing bets is provided. Betting System Interfaces Betting system interfaces 14 may include any suitable interface between a client 20 and betting system platform Group Bets Defined After Close of Betting As discussed above, the group of participants covered by a particular group bet 24 is undefined until some time after the group bet 24 is received from a client A Group Bet Having a Payout Fixed at the Time the Group Bet is Received As discussed above, in some embodiments, payouts for each group bet 24 for an event may be determined—and fixed—based on odds determined for one or more participants in the event at the time or substantially at the time that group bet 24 is received from, or placed by, a client A method of managing bets, comprising: identifying a set of participants in an event;.

The method of claim 1 , wherein defining the subset of participants associated with the group bet comprises determining at least one participant to include in the subset of participants. The method of claim 1 , wherein defining the subset of participants associated with the group bet comprises determining at least one participant to exclude from the subset of participants. The method of claim 3 , wherein a single participant is excluded from the subset of participants.

The method of claim 3 , further comprising at some time after betting for the event is closed, determining a favorite participant from the set of participants; and wherein determining at least one participant to exclude from the subset of participants comprises excluding the determined favorite participant. The method of claim 5 , wherein the favorite participant determined after the betting for the event is closed is a different participant than a favorite participant at the time that the group bet is received.

The method of claim 5 , wherein the favorite participant changes at least once between the time that the group bet is received and the time that betting for the event is closed. The method of claim 3 , further comprising determining a favorite participant and a second favorite participant; and wherein determining at least one participant to exclude from the subset of participants comprises excluding at least the favorite participant and the second favorite participant.

The method of claim 3 , further comprising receiving information that a particular one of the participants will not participate in the event; and wherein determining at least one participant to exclude from the subset of participants comprises excluding the particular participant. The method of claim 1 , further comprising at some time after betting for the event is closed, determining for each of one or more participants the odds of that participant winning the event; and wherein defining the subset of participants after betting for the event is closed comprises determining participants for the subset of participants based at least on the determined odds of the one or more participants winning the event.

The method of claim 1 , further comprising: determining the odds of at least one of the participants winning the event at the time the bet is received; and. The method of claim 1 , further comprising: determining the odds of at least one of the participants winning the event after betting for the event is closed; and. The method of claim 1 , wherein the group bet is received in a pari-mutuel betting system.

The method of claim 1 , further comprising applying a commission rate to the group bet. The method of claim 1 , further comprising: receiving one or more win bets, each win bet comprising a bet that a particular one of the set of participants will win the event; and.

The method of claim 15 , wherein the amount of the group bet payout is determined based at least in part on the total amount of the win bets that comprise a bet on the winning participant. The method of claim 15 , wherein: defining the subset of participants associated with the group bet comprises determining a particular participant to exclude from the subset of participants; and. A system for managing bets, comprising: a memory operable to store one or more bets; and.

The system of claim 18 , wherein defining the subset of participants associated with the group bet comprises determining at least one participant to include in the subset of participants. The system of claim 18 , wherein defining the subset of participants associated with the group bet comprises determining at least one participant to exclude from the subset of participants. The system of claim 20 , wherein a single participant is excluded from the subset of participants.

The system of claim 20 , wherein: at some time after betting for the event is closed, the processor is further operable to determine a favorite participant from the set of participants; and. The system of claim 22 , wherein the favorite participant determined after the betting for the event is closed is a different participant than a favorite participant at the time that the group bet is received. The system of claim 22 , wherein the favorite participant changes at least once between the time that the group bet is received and the time that betting for the event is closed.

The system of claim 20 , wherein: the processor is further operable to determine a favorite participant and a second favorite participant; and. The system of claim 20 , wherein: the processor is further operable to receive information that a particular one of the participants will not participate in the event; and. The system of claim 18 , wherein: at some time after betting for the event is closed, the processor is further operable to determine for each of one or more participants the odds of that participant winning the event; and.

The system of claim 18 , wherein the processor is further operable to: determine the odds of at least one of the participants winning the event at the time the bet is received; and. The system of claim 18 , wherein the processor is further operable to: determine the odds of at least one of the participants winning the event after betting for the event is closed; and. The system of claim 18 , wherein the group bet is received in a pari-mutuel betting system.

The system of claim 18 , further comprising applying a commission rate to the group bet. The system of claim 18 , wherein the processor is further operable to: receive one or more win bets, each win bet comprising a bet that a particular one of the set of participants will win the event; and. The system of claim 32 , wherein the amount of the group bet payout is determined based at least in part on the total amount of the win bets that comprise a bet on the winning participant.

The system of claim 32 , wherein: defining the subset of participants associated with the group bet comprises determining a particular participant to exclude from the subset of participants;. System and method for betting on a subset of participants in an event wherein betting parameters may change over time. System and method for betting on a subset of participants in an event according to multiple groups.

System and method for betting on a subset of participants in an event where betting parameters may change over time. Betting on a subset of participants in an event wherein betting parameters may change over time. USB2 en. EPA4 en. JPB2 en. AUB2 en. CAA1 en. NZA en. WOA2 en. Verifying a gaming device is in communications with a gaming server by passing an indictor between the gaming device and a verification device. Accessing known information via a devicve to determine if the device is communicating with a server.

Using a first device to verify whether a second device is communicating with a server. Verifying a first device is in communications with a server by storing a value from the first device and accessing the value from a second device. Storing information from a verification device and accessing the information from a gaming device to verify that the gaming device is communicating with a server.

Accessing identification information to verify a gaming device is in communications with a server. USB1 en. Game device to execute race among a plurality of objects for competition and game control method thereof. Betting ticket information provision device, betting ticket information provision method, and program for betting ticket information provision device. GBA en. Method and apparatus for accepting validating and recording betting information on slips filled out by the bettor.

EPA1 en. Game of chance particularly adapted for playing in conjunction with a team sport contest. USA en. WOA1 en. Gaming device for operating in a reverse payout mode and a method of operating same. USA1 en. EPA2 en. Thermal activator for heat sensitive adhesive sheet and printer apparatus utilizing the thermal activator.

Methods and systems for presenting pari-mutuel betting options and constructing wagers. Method and apparatus for awarding prizes to players based on patterns in game results. USREE en. GBD0 en. JPA en. Gaming device having a graduating award exchange sequence with a tease consolation sequence and an initial qualifying sequence. Method, apparatus, and system for providing a player with opportunities to win a feature event award.

AUA0 en. Apparatus and methodology for the playing of different forms of jackpot games based on sports and in particular, horse racing. Lottery and gaming systems for playing wagering game with enhanced prize structure derived from multiple plays. Method and a system for a participant to make a wager with a betting organiser in respect of an event that has more than two possible outcomes.

A method for a participant to make a wager with a betting organiser in respect of an event that has more than two possible outcomes with the participant nominating the total amount of the wager. European Search Report for Application No. Nags Head Software; Horserace; 3 pages, circa Mar. Office Action for U. GB The suspended organization license of the organization shall not be reinstated until the minimum standards are met.

Those organization licensees which apply for racing dates shall not be granted organization licenses if they are not in compliance with the minimum standards to be set by the Commission. Prior to commencing construction, remodeling, or alteration of grandstand or other spectator areas, including but not limited to clubs, lounges, and restaurants, plans and specifications shall be presented to the State Fire Marshal for approval.

Prior to commencing construction, remodeling, or alteration of stables, dormitories, barns, and other buildings in the stabling areas, plans and specifications shall be presented to the State Fire Marshal for approval. The State Fire Marshal Commission shall adopt rules and regulations for conducting fire safety inspections on a regular basis at operating tracks.

Pari-mutuel system of wagering authorized - Distribution of funds retained from money wagered - Revenue bond financing of racetrack or facility prohibited. Any organization licensee conducting a race meeting may provide places on the race meeting grounds at which it may conduct and supervise the pari-mutuel system of wagering on the horse races conducted by the organization licensee at the race meeting.

No other place or method of betting, pool making, wagering, or gambling shall be used or permitted by the organization licensee. The pari-mutuel system of wagering shall be permitted only on horse races conducted at a racetrack where such pari-mutuel system of wagering is authorized pursuant to the provisions of the Oklahoma Horse Racing Act. Such amount shall be retained by the organization licensee to be distributed as follows:.

Organization licensees shall keep accurate books and records of all moneys wagered on each day of a race meeting and of the taxes paid pursuant to the provisions of this section. The Oklahoma Tax Commission or an authorized representative shall have access at all reasonable times to such records for the purpose of examining and checking the records and ascertaining whether the proper amount of taxes is being paid. The Oklahoma Tax Commission shall require verified reports and a statement of the total of all moneys wagered daily at a race meeting and may prescribe forms upon which such reports and statement shall be made.

The organization licensee shall provide the Oklahoma Tax Commission with such space and accommodations as may be necessary for the Oklahoma Tax Commission to implement its duties pursuant to the provisions of the Oklahoma Horse Racing Act. No revenue bonds issued by a public trust, as authorized by the provisions of Title 62 of the Oklahoma Statutes, shall be used to finance any racetrack or racing facility. April 21, ; Laws , c. May 2, Offtrack wagering plans - Conditions - Notification - Licensing - Breakage and unclaimed ticket proceeds.

Any organization licensee shall file with the Oklahoma Horse Racing Commission its plan to conduct pari-mutuel wagering at a facility or facilities located outside the organization licensee's racing enclosure. Such pari-mutuel wagering may be conducted at any time as authorized by the Commission. The conducting of pari-mutuel wagering at a facility outside the organization licensee's enclosure is subject to the following:.

Pari-mutuel wagering shall be permitted only in a county which approves or has approved the conducting of pari-mutuel horse racing in that county pursuant to the provisions of Section of this title;. Pari-mutuel wagering conducted by an organization licensee shall not be permitted within thirty 30 miles of another organization licensee's racing enclosure without the express permission granted by the other organization licensee;. All pari-mutuel wagering facilities located outside any organization licensee's racing enclosure shall be operated in accordance with all applicable rules of the Oklahoma Horse Racing Commission Rules of Racing Pari-Mutuel Edition ;.

The organization licensee sending its racing signal to a facility or facilities outside its racing enclosure may combine the pari-mutuel pools of all facilities with those of the organization licensee for the purpose of determining odds and computing payoffs. The amount of money to be retained and distributed by the organization licensee and to be remitted to the Oklahoma Tax Commission from money wagered pursuant to the provisions of this section shall be the same as set forth in paragraph 1 of subsection B, in subsection D, and in subsection E of Section The distribution for purses at facilities other than an organization licensee's racing enclosures shall be:.

Upon completion of three hundred sixty-five calendar days since the opening of a facility in a county, the thirty-six-month period commences retroactive to the opening of that facility. If the facility does not operate for three hundred sixty-five calendar days, a new facility may be opened and operated, with the thirty-six-month period commencing consistent with this paragraph. If a facility terminates operation after the three-hundred-sixty-fifth calendar day, all days shall be allotted to subsequent facilities not to exceed one thousand ninety-five 1, calendar days per facility; and.

The organization licensee, after the distribution to the Oklahoma Tax Commission pursuant to the provisions of paragraph 4 of this subsection and distributions pursuant to paragraphs 5 and 6 of this subsection, shall retain the balance of the monies wagered.

Notification by an organization licensee to conduct pari-mutuel wagering at a facility or facilities outside of the organization licensee's racing enclosure shall be made annually to the Oklahoma Horse Racing Commission. An organization licensee may make an original notification to conduct pari-mutuel wagering at a facility or facilities outside of the organization licensee's racing enclosure at any time.

All persons employed in the actual conduct of pari-mutuel wagering at a facility outside an organization licensee's racing enclosure shall be licensed by the Commission, consistent with Section Breakage and unclaimed ticket proceeds shall be distributed in the manner applicable to the races of the racing program of the organization licensee sending the racing program.

May 14, The Oklahoma Horse Racing Commission may authorize an organization licensee to accept wagers on the results of out-of-state full racing programs for simulcast races as follows:. On days when the organization licensee is conducting live racing, the licensee may accept wagers on out-of-state full racing programs during the hours when it is conducting live racing, and may accept wagers on the results of out-of-state full racing programs during the hours it is not conducting live racing;.

On days when the licensee is conducting live racing, the Oklahoma Horse Racing Commission may authorize the organization licensee to accept wagers on individual out-of-state simulcast races in addition to the out-of-state full racing programs. The authorization provided in subsection A of this section must comply with federal laws including, but not limited to, Chapter 57 of Title 15 of the United States Code.

Wagers on out-of-state races conducted pursuant to the provisions of this section may be placed in a separate pari-mutuel pool or pools, or may be combined with the pari-mutuel pool or pools of the track where the race is run, or may be combined with other organization licensees licensed by the Oklahoma Horse Racing Commission and their wagering facilities located within this state.

Each organization licensee accepting wagers on an out-of-state race shall deduct a percentage of the amount handled which is equal to the percentage deducted from the amount handled by the organization licensee in pari-mutuel pools at the race meeting or meetings held by the organization licensee if the wagers on the out-of-state races are not being combined with the pari-mutuel pool or pools where the race or races are being run.

For the day on which the out-of-state race is offered, each organization licensee shall pay the state share of the organization licensee at the rate applicable to the races of the racing program of the organization licensee. Breakage and unclaimed ticket proceeds shall be distributed in the manner applicable to the races of the racing program of the organization licensee.

Except as otherwise provided by law, the amount remaining from the deduction pursuant to the provisions of subsection D of this section after payment of the state share and the contractual payment to the out-of-state host racing organization, shall be distributed as follows:. April 19, ; Laws , c. May 14, ; Laws , c. April 29, Any organization licensee that accepts full-card out-of-state simulcast wagering at any time during a calendar year shall be required to televise to all other racetracks licensed by the Oklahoma Horse Racing Commission all of its live races, or the number of days of its live racing which is equivalent to the number of days of live racing conducted at the receiving track, whichever is less.

Pari-mutuel wagering may be conducted on such races at all other racetracks licensed by the Oklahoma Horse Racing Commission and may be allowed at their in-state offtrack pari-mutuel wagering facilities or at any other racetrack or entity in another state or country. Money wagered on such races may be placed in separate or common pools as determined by rules of the Oklahoma Horse Racing Commission. A written application to televise a race shall contain the details of such race, its agreements and contracts, and shall be submitted to the Oklahoma Horse Racing Commission for its approval prior to the racing event.

Such agreement shall comply with all applicable laws of the United States and the laws of this state. The proceeds of the agreement shall be distributed in the same manner as money wagered pursuant to the provisions of paragraph 1 of subsection B, in subsection D, and in subsection E of Section For the days on which a licensed track within this state does not conduct live racing but conducts pari-mutuel wagering on races televised from another licensed track within this state or on out-of-state races, the conducting of pari-mutuel wagering shall not be considered racing days for the purposes of this title.

When any licensed track within this state conducts pari-mutuel wagering on races televised from another licensed track within this state, the receiving licensee shall not retransmit the sending licensee's signal without the express permission of the sending licensee. Breakage and unclaimed ticket proceeds shall be distributed in the manner applicable to the races of the racing program of the organization licensees who are sending and receiving the racing program.

National Breeders' Cup - Pick seven wagers - Apportionment of wagered funds. Pursuant to rules and regulations of the Oklahoma Horse Racing Commission, an organization licensee shall be permitted to conduct a National Breeders' Cup pick seven. Any organization licensee authorized by the Commission to accept wagers on the results of the National Breeders' Cup races shall apportion all money wagered on pick seven wagers as follows:.

The revenue shall be apportioned monthly to the General Revenue Fund of the state for the support of the state government, to be paid out only pursuant to appropriation by the Legislature;. If an organization licensee offers a reduced price for admission to the race meeting grounds based upon the purchase of a season ticket or pass, the amount of tax collected by the licensee for admission to the race meeting grounds as a result of the purchase of such ticket or pass by any person shall be equal to the amount of tax that would have been collected by the licensee for admission to the race meeting grounds if such person did not hold a season ticket or pass.

On the first business day after the close of the racing day on which the tax was collected, the organization licensee shall remit to the Oklahoma Tax Commission the proceeds from the tax. The proceeds of the tax shall be distributed as follows:.

The amount so deducted shall be known as breakage. All breakage proceeds shall be remitted by the organization licensee to the Commission for deposit in the Oklahoma Breeding Development Fund Special Account. Any individual who claims to be entitled to any part of a pari-mutuel pool conducted by an organization licensee and who fails to receive the money due may file the following with the organization licensee within sixty 60 days after the wager has been made:.

A verified claim on a form prescribed and furnished by the Oklahoma Horse Racing Commission setting forth such information as may be necessary to identify the particular pool and the amount claimed therefrom; and. A substantial portion of the pari-mutuel ticket upon which the claim is based, sufficient to identify the particular racetrack, race, and horse involved, the amount wagered, and whether the ticket was a win, place, or show ticket.

Upon proper application by an individual or an organization licensee the Commission shall hear any disputed claim and consider the proof offered in its support. Unless the claimant satisfactorily establishes the right to participate in the pool, the claim shall be rejected.

If the claim is allowed, the organization licensee shall pay the amount of the claim to the claimant upon order of the Commission. All unclaimed ticket proceeds shall be remitted by the organization licensee to the Commission for deposit in the Oklahoma Breeding Development Fund Special Account as follows:. The payment for unclaimed ticket proceeds shall be accompanied by a completed form as prescribed by the Commission; and.

The organization licensee shall remit calendar quarterly payments of all unclaimed ticket proceeds which have been in the organization licensee's possession for no fewer than sixty 60 days after the wager has been made, regardless of whether the wager was from live racing or simulcasting or during or between live race meetings. Race meetings conducted by fair associations - Proportions of wagers retained - Licenses. Any fair association organized pursuant to the provisions of Title 2 of the Oklahoma Statutes for Agricultural Fair Corporations, the Free Oklahoma State Fair, Free District Fairs, and Agricultural and Industrial Expositions and Fairs or any existing county, district, or state fair as of January 1, , may apply to the Commission for one race meeting each year to be held within the boundaries of the county where the fair association is located.

The Oklahoma Horse Racing Commission may set the number of days and the dates of such race meeting requested by the fair association. A race meeting conducted by a fair association shall not exceed sixteen 16 days during a twenty-eight-consecutive-day period or a fair association shall be permitted to conduct a race meeting of twenty 20 to twenty-two 22 days during a thirty-eight-consecutive-day period.

A race meeting conducted pursuant to the provisions of this section shall be conducted in such a manner that all profits shall accrue to the fair association. Each organization licensee that, pursuant to this section, holds a race meeting at which the pari-mutuel system of wagering is conducted shall retain the following amounts from the monies wagered:.

Wagers conducted pursuant to Section Except as otherwise provided by law, the amount remaining after the deduction made pursuant to the provisions of subsection D of Section Any organization licensed pursuant to this section and conducting pari-mutuel wagering on races being run at another organization licensee within the State of Oklahoma shall retain from the monies being wagered an amount equal to the amount being retained from wagers by the sending track.

The amount of money retained shall be distributed as follows:. The Commission shall issue occupation licenses for personnel of organization licensees licensed pursuant to this section. Each occupation license shall be issued pursuant to Section May 2, ; Laws , c.

The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Commission for deposit in the fund pursuant to Section All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Commission for the purposes specified in subsection B of this section.

Expenditures from said fund shall be made upon vouchers prescribed by the State Treasurer and issued by the Commission against the Oklahoma Breeding Development Fund Special Account. Any person entitled to monies from the Oklahoma Breeding Development Fund Special Account as a purse supplement, stake, reward, or award, prior to receiving said monies, shall sign an affidavit stating that the horse involved complies with the requirements for the purse supplement, stake, reward, or award.

Any person entitled to monies from the Oklahoma Breeding Development Fund Special Account as a purse supplement, stake, reward, or award "awards" , will forfeit such monies if that person fails to comply with all requirements necessary for earning the awards.

Further, any such person will forfeit such monies if, within one 1 year from the date of the race in which such award was earned, that person does not submit the state voucher for payment or for replacement in the event of an expired voucher, or if that person fails to submit all documentation required by the Oklahoma Horse Racing Commission. In such event, monies accrued from forfeiture will be returned to the Oklahoma Breeding Development Fund for expenditure by the Commission for the purposes specified in subsection B of this section.

No monies shall be expended by the Commission from the Oklahoma Breeding Development Fund Special Account except for any of the following purposes:. To provide stakes and rewards to be paid to the owners of the winning Oklahoma-bred horses in certain horse races;.

To provide stallion awards to the owner of the Oklahoma stallion which is the sire of an Oklahoma-bred horse if such a horse wins any race conducted at a race meeting;. To provide breeders awards to the owner of the Oklahoma-registered mare which is the dam of an Oklahoma-bred horse if such a horse wins any race conducted at a race meeting;. To provide monies for equine research through state institutions accredited for the same;.

To provide monies for use in marketing, promoting and advertising the Oklahoma-Bred Program and the Oklahoma horse racing industry to the people of Oklahoma, the United States and abroad; and. To provide for the administration of the Oklahoma Breeding Development Program. All expenses reimbursed as administrative pursuant to this subsection shall be itemized and audited pursuant to subsection E of this section.

Any monies transferred from the Oklahoma Breeding Development Fund Special Account to the Oklahoma Breeding Development Revolving Fund for administrative reimbursement found to be unsubstantiated, excessive or ineligible for reimbursement by said audit shall be returned to the Oklahoma Breeding Development Fund Special Account within thirty 30 days of the conclusion of the audit. Provide for the registration of Oklahoma-domiciled mares and stallions and Oklahoma-bred horses. No such horse shall compete in the races limited to Oklahoma-bred horses unless registered with the Commission.

The Commission may prescribe such forms as are necessary to determine the eligibility of such horses; provided, breeding stallions shall be eligible for registration in the Oklahoma-bred breeding program until July 1 of the breeding year.

No person shall knowingly prepare or cause preparation of an application for registration of such foals which contains false information;. Establish a schedule of fees for the registration of Oklahoma-domiciled mares and stallions and Oklahoma-bred horses sufficient to provide for all expenses incurred in the administration of the Oklahoma Breeding Development Fund Special Account; and.

The Commission may contract with and designate an official registering agency to implement the registration of horses and the payment of awards from the Oklahoma Breeding Development Fund Special Account. The official registering agency shall operate under the supervision of the Commission and be subject to the rules and regulations of the Commission. The official registering agency shall receive no compensation except fees received for registration of horses.

In the event the Commission elects to perform as the official registering agency rather than contracting for such services, the Commission shall deposit all registration fees from the registration of Oklahoma-bred horses into the Oklahoma Breeding Development Fund Special Account.

The expense of the audit shall be paid from said Special Account. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Commission from transfers made pursuant to paragraph 6 of subsection B of Section All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Commission for the purpose of administering the Oklahoma Breeding Development Program, or additions to purses of Oklahoma-bred races, and for no other purpose.

Monies received by and expenditures from said fund shall be subject to an annual audit pursuant to paragraph 6 of subsection B and subsection E of Section At the close of each fiscal year any unencumbered, unobligated, and unexpended monies in the Oklahoma Breeding Development Administration Revolving Fund shall be transferred to the Oklahoma Breeding Development Fund Special Account.

No organization licensee shall knowingly permit any minor to be a patron of the parimutuel system of wagering conducted by the organization licensee. Any person convicted of violating any provision of this subsection shall be guilty of a misdemeanor. May 26, ; Laws , c. No person shall knowingly enter or cause to be entered for competition any horse under any other name than its true name, or out of its proper class, for any purse, prize, premium, stake, or sweepstakes offered to the winner of a contest of speed at any race meeting held by an organization licensee.

The name of any horse, for the purpose of entry for competition in any contest of speed, shall be the name under which the horse has been registered and has publicly performed. Use or conspire to use any battery, buzzer, electrical or mechanical device, or other device other than the ordinary whip for the purpose of stimulating or depressing a horse or affecting its speed at any time; or. Sponge the nostrils or windpipe of a horse for the purpose of stimulating or depressing a horse or affecting its speed at any time; or.

Have in the possession of the person, within the confines of a racetrack, stables, sheds, buildings, or grounds where horses are kept which are eligible to race over a racetrack of any organization licensee, any device other than the ordinary whip which may or can be used for the purpose of stimulating or depressing a horse or affecting its speed at any time; or.

Have in the possession of the person with the intent to sell, give away, or exchange any such devices. Possession of such devices by anyone within the confines of a racetrack, stables, sheds, buildings, or grounds where horses are kept which are eligible to race over the racetracks of any organization licensee shall be prima facie evidence of intention to use such devices.

The Commission shall suspend or revoke the license of any person convicted of violating the provisions of this section. It shall be unlawful for any person to directly or indirectly engage or to conspire with or aid, assist, or abet any other person in the commission of any corrupt act or practice, including but not limited to:. The giving, offering, promising, accepting, soliciting or receiving, directly or indirectly, any gratuity or bribe in any form to any person having duties in relation to any race or race horse or to any trainer, jockey, starter, assistant starter, gatekeeper or agent or to any other person having charge of, or access to, any race horse; or.

The passing or attempting to pass or the cashing or attempting to cash any altered or fraudulent parimutuel ticket; or. The unauthorized sale or the attempt to make an unauthorized sale of any racetrack admission ticket. If any person who is convicted of violating the provisions of subsection A of this section is licensed pursuant to the provisions of the Oklahoma Horse Racing Act, Section et seq.

No person shall directly or indirectly, for any type of compensation including but not limited to fees, dues, or donations, accept anything of value from another to be transmitted or delivered for wager in any parimutuel system of wagering on horse races or collect a wager in any pari-mutuel system of wagering on horse races.

Nothing in this section prohibits wagering transactions authorized pursuant to the provisions of the Oklahoma Horse Racing Act. Fraud regarding prior racing record, pedigree, identity or ownership of registered animal. It shall be unlawful for any person to falsify, conceal, or cover up by any trick, scheme, or device a material fact, or make any false, fictitious, or fraudulent statements or representations, or make or use any false writing or document knowing the same to contain any false, fictitious, or fraudulent statement or entry regarding the prior racing record, pedigree, identity or ownership of a registered animal in any matter related to the breeding, buying, selling, or racing of such animal.

Administration of drugs or medications - Determination by rule - Penalties. Except as provided in subsection B of this section, the Oklahoma Horse Racing Commission is hereby authorized to determine by rule which drugs and medications, if any, may be administered to a horse prior to or during a horse race and to determine by rule the conditions under which such drugs and medications may be used or administered.

All horses participating in a horse race may be administered Furosemide prior to a horse race as authorized by the rules of the Oklahoma Horse Racing Commission. The administration of any drug or medication to a horse prior to or during a horse race which is not permitted by rule of the Commission is prohibited.

The Commission shall suspend or revoke the license of any such guilty party. April 7, ; Laws , c. Gaming areas not subject to certain smoking prohibitions - Requirements. The gaming areas of the premises of an organization licensee and, except for the off-track wagering facilities specified in Section Each gaming or simulcast area in which smoking is permitted shall be fully enclosed, directly exhausted to the outside, under negative air pressure so smoke cannot escape to nonsmoking areas when a door is opened, and no air from a smoking area is recirculated to nonsmoking areas of the building; and.

No exhaust from such gaming or simulcast area shall be located within twenty-five 25 feet of any entrance, exit, or air intake. No parimutuel racetrack shall be licensed in any county unless the majority of the voters of said county, voting at an election held for that purpose, approve the conducting of parimutuel horse racing in said county. A local rodeo committee may accept a local entry for participation in a professionally sanctioned rodeo sponsored by such committee.

No fair association or organization licensed pursuant to Section Notwithstanding the provisions of Sections through of Title 21 of the Oklahoma Statutes, the conducting of and participation in gaming in accordance with the provisions of this act or the model compact set forth in Section of this title is lawful and shall not be subject to any criminal penalties.

Provided further, a licensed manufacturer or distributor licensed pursuant to this act may manufacture, exhibit or store as a lawful activity any machines or devices which are capable of being used to conduct the following types of gaming:. Other gaming which may be lawfully conducted by an Indian tribe in this state.

Authorized gaming may only be conducted by an organization licensee on days when the licensee is either conducting live racing or is accepting wagers on simulcast races at the licensee's racing facilities. In any week, authorized gaming may be conducted for not more than one hundred six total hours, with not more than eighteen 18 hours in any twenty-four-hour period.

Authorized gaming may only be conducted by organization licensees at enclosure locations where live racing is conducted. Under no circumstances shall authorized gaming be conducted by an organization licensee at any facility outside the organization licensee's racing enclosure. No person who would not be eligible to be a patron of a pari-mutuel system of wagering pursuant to the provisions of subsection B of Section In order to encourage the growth, sustenance and development of live horse racing in this state and of the state's agriculture and horse industries, the Commission is hereby authorized to issue licenses to conduct authorized gaming to no more than three 3 organization licensees operating racetrack locations at which horse race meetings with pari-mutuel wagering, as authorized by the Commission pursuant to the provisions of this title, occurred in calendar year , as follows:.

An organization licensee operating a racetrack location at which an organization licensee is licensed to conduct a race meeting pursuant to the provisions of Section Provided, beginning with the third year after an organization licensee is licensed pursuant to this paragraph to operate such player terminals such licensee may be licensed to operate an additional fifty 50 player terminals in a nonsmoking area.

Provided further, beginning with the fifth year after an organization licensee is licensed pursuant to this paragraph to operate such player terminals, such licensee may be licensed to operate a further additional fifty 50 player terminals in a nonsmoking area; and. Two organization licensees operating racetrack locations at which the organization licensees are licensed to conduct race meetings pursuant to the provisions of Section Subject to the limitations on the number of player terminals permitted to each organization licensee, an organization licensee may utilize electronic amusement games as defined in this act, electronic bonanza-style bingo games as defined in this act and electronic instant bingo games as defined in this act, and any type of gaming machine or device that is specifically allowed by law and that an Indian tribe in this state is authorized to utilize pursuant to a compact entered into between the state and the tribe in accordance with the provisions of the Indian Gaming Regulatory Act and any other machine or device that an Indian tribe in this state is lawfully permitted to operate pursuant to the Indian Gaming Regulatory Act, referred to collectively as "authorized games".

An organization licensee's utilization of such machines or devices shall be subject to the regulatory control and supervision of the Commission; provided, the Commission shall have no role in oversight and regulation of gaming conducted by a tribe subject to a compact. The Commission shall promulgate rules to regulate the operation and use of authorized gaming by organization licensees.

In promulgating such rules, the Commission shall consider the provisions of any compact which authorizes electronic gaming which is specifically authorized by law by an Indian tribe. For the purpose of paragraphs 1 and 2 of this subsection, the number of player terminals in an authorized game that permits multiple players shall be determined by the maximum number of players that can participate in that game at any given time; provided, however, that nothing in this act prohibits the linking of player terminals for progressive jackpots, so long as the limitations on the number of permitted player terminals at each organization licensee are not exceeded.

Each organization licensee shall keep a record of, and shall report at least quarterly to the Oklahoma Horse Racing Commission, the number of games authorized by this section utilized in the organization licensee's facility, by the name or type of each and its identifying number. No zoning or other local ordinance may be adopted or amended by a political subdivision where an organization licensee conducts live horse racing with the intent to restrict or prohibit an organization licensee's right to conduct authorized gaming at such location.

For purposes of this act, "adjusted gross revenues" means the total receipts received by an organization licensee from the play of all authorized gaming minus all monetary payouts. The Oklahoma Horse Racing Commission shall promulgate rules to regulate, implement and enforce the provisions of this act with regard to the conduct of authorized gaming by organization licensees; provided, regulation and oversight of games covered by a compact and operated by an Indian tribe shall be conducted solely pursuant to the requirements of the compact.

If an organization licensee operates or attempts to operate more player terminals which offer authorized games than it is authorized to offer to the public by this act or the terms of its license, upon written notice from the Commission, such activity shall cease forthwith. Such activity shall constitute a basis upon which the Commission may suspend or revoke the licensee's license.

The Commission shall promulgate any rules and regulations necessary to enforce the provisions of this subsection. This act is game-specific and shall not be construed to allow the operation of any other form of gaming unless specifically allowed by this act. This act shall not permit the operation of slot machines, dice games, roulette wheels, house-banked card games or games where winners are determined by the outcome of a sports contest.

May 25, Occupation gaming licenses - Independent testing laboratory license. The occupation gaming licenses shall be obtained prior to the time such persons engage in their vocations at the gaming facility upon such racetrack grounds at any time during the calendar year for which the Racetrack Gaming Operator License has been issued.

No person required to be licensed pursuant to the provisions of this section may participate in any capacity at a gaming facility at a racetrack without a valid license authorizing such participation. The activities authorized by the occupation gaming licenses issued pursuant to this section are as follows:.

Testing laboratories that wish to function as a Commission-approved independent testing laboratory must apply to be issued an Independent Testing Laboratory License. The application must be accompanied by the required application fee and an investigation fee in an amount equal to one-half of the license fee.

Each organization licensee shall remit to the official horsemen's organization representing participating horsemen during the live race meets, on the fifteenth day following the end of the month in which they were retained, an amount equal to one and five-tenths percent 1. Such benevolence program shall provide medical benefits or services to persons associated with the horse racing industry who are in financial need.

Subject to the provisions of subsection I of this section, the remainder of the funds generated pursuant to paragraph 2 of subsections A through G of this section shall be distributed by the organization licensee as purses for participating horses as follows:. All Oklahoma Breeding Development Fund Special Account monies generated pursuant to this section shall not be subject to a reduction pursuant to paragraph 7 of subsection B of Section An organization licensee's annual application for race dates shall include any existing agreement between the organization licensee and the official horsemen's representative for each breed participating in the live racing meeting at that track which sets forth the thresholds whereby the minimum number of races will increase or decrease during that calendar year.

For purposes of this act a "recipient licensee" means an organization licensee operating a racetrack location at which an organization licensee is licensed to conduct a race meeting pursuant to the provisions of Section Such compact shall require that a participating tribe contribute a percentage of its "monthly average take" from electronic amusement games, electronic bonanza-style bingo games and electronic instant bingo games hereinafter referred to collectively as "electronic covered games" as defined in that tribe's Gaming Compact as long as the prohibition against fair associations or organizations licensed pursuant to Section Participating tribes shall make contributions in accordance with the following requirements:.

Each participating tribe shall calculate its monthly average take for electronic covered games for each calendar month of operation of electronic covered games. For purposes of this paragraph, the "monthly average take" shall mean all adjusted gross revenue from electronic covered games at the tribal gaming facilities that are located within a radius of twenty 20 miles from the enclosure of a recipient licensee during the applicable calendar month, divided by the number of electronic covered games operated by the tribe at the gaming facility during the applicable calendar month;.

Each participating tribe shall calculate its pro rata share of the payments required by this subsection, based on the number of electronic covered games in the tribal gaming facilities within the twenty-mile radius described in paragraph 1 of this subsection, during the applicable calendar month "tribal share".

Each participating tribe shall make the following payments no later than the fifteenth day following the end of the applicable calendar month, with the first payment to be due no later than the fifteenth day following the end of the first month in which a participating tribe commences gaming operations pursuant to the compact set out in Section 22 of this act:. The "purse committees" shall be comprised of the official elected horsemen representatives for each breed as designated in Section 8 of this act.

The purse committees shall meet at least sixty 60 days prior to the beginning of a calendar year to provide directions for placement of the purse funds described in subparagraph b of paragraph 3 subsection K of this section with one or more organization licensees for the succeeding calendar year. In providing such directions the purse committees shall consider and attempt to achieve the following preferences in the order set forth below:.

Maintaining the purse structures of the organization licensee closest in geographic proximity to the location where the purse funds described in subparagraph b of paragraph 3 of subsection K of this section were generated at a level that is competitive with the purse structures of similarly situated race tracks, including those in surrounding states, and that will encourage the participation by horsemen in that organization licensee's race meet or meets; and. Maintaining the purse structures of the remaining organization licensees in the state at a level that will encourage the participation by horsemen in those organization licensees' race meet or meets.

The organization licensee that is located in a county with a population of greater than six hundred thousand , according to the most recent federal decennial census shall, for each year it conducts authorized gaming:. Conduct annually a race meeting restricted to Thoroughbred horses that provides no fewer than six hundred races for Thoroughbred horses; and. Conduct annually a race meeting restricted to Quarter Horse, Paint and Appaloosa horses that provides no fewer than five hundred races for Quarter Horse, Paint and Appaloosa horses within a period of twelve 12 consecutive weeks.

Each organization licensee that is located in a county with a population of fewer than four hundred thousand , according to the most recent federal decennial census shall be required, for each year it conducts authorized gaming, to conduct annually no less than two hundred seventy races for Thoroughbred horses, no fewer than two hundred seventy races for Quarter Horses, and no fewer than sixty 60 races for Paint and Appaloosa horses.

An organization licensed pursuant to Section Notwithstanding the provisions of subsection H of Section 4 of this act, the Oklahoma Horse Racing Commission shall approve, upon joint application of the organization licensee and the official horsemen's representative organization that represents the horsemen for a given breed of horses participating in a given race meeting, a reduction or increase in the number of races to be conducted as prescribed in this section.

Any agreed-upon change to the number of races shall include specifying the number of races to be conducted each race day and the calendar days that the races will be conducted. For purposes of any agreement entered into pursuant to this section, a race day shall be not less than seven 7 races nor more than twelve 12 races unless all of the races on a particular day are time trial races.

The organization licensees and the elected horsemen's representative organization shall use their best efforts to establish race meets with the number of races that is reasonable in light of the available purse money, the racing calendar of all organization licensees operating pursuant to this act, and the number of races run at similar facilities in surrounding markets.

Notwithstanding anything in this section to the contrary, the requirements set forth in this section shall become effective with the first race meeting that commences at each organization licensee following the initial six 6 months that the organization licensee commences authorized gaming as authorized by this act. The Oklahoma Horse Racing Commission shall approve the transfer of purse money generated for races for Thoroughbred horses, races for Quarter Horses or races for Paint and Appaloosa horses pursuant to this section, by one organization licensee to another organization licensee, upon joint application of the organization licensee generating the purse money, the organization licensee receiving the transferred purse money, and in the case of a transfer of purse money for Thoroughbred racing, the official horsemen's representative organization that represents participating horsemen at a race meeting in a county with a population exceeding six hundred thousand , persons by an organization licensee licensed pursuant to Section Purse money transferred to one organization licensee from purse money for a particular breed of horse generated by another organization licensee shall only be used to supplement purses for that breed of horse.

The provisions of this section shall not be applicable to any purse money generated pursuant to the provisions of subsection K of Section 4 of this act. Notwithstanding the provisions of Section An organization which is licensed under Section Official representatives of Thoroughbred and non-Thoroughbred horses - Negotiations and covenants - Financial accounting.

For purposes of this act, the organization elected by horsemen that was, in , providing representation for participating Thoroughbred horsemen at meets restricted to Thoroughbred horses only shall be the official representative of all Thoroughbreds participating in live race meets conducted by an organization licensee.

The organization elected by horsemen that was, in , providing representation for the breeds participating in mixed-breed racing shall be the official representative of all non-Thoroughbreds participating in live race meets conducted by an organization licensee. Organization licensees shall negotiate and covenant with the official representative for each breed participating at any race meeting as to the conditions for each race meeting, the distribution of commissions and purses not governed by statutory distribution formulae, simulcast transmission and reception, off-track wagering, all matters relating to welfare, benefits and prerogatives of the participants in the meet, and any other matter required as a matter of law or necessity.

During race meets at which there is more than one official representative for horsemen, each official representative association shall designate an equal number of horsemen to serve on a single committee that will periodically meet with the organization licensee to discuss and facilitate track management operations. Any participating horsemen may with written notice filed with the track's horsemen's bookkeeper elect to opt out of representation by the above-referenced organizations.

The official horsemen's representative organizations, and any breed organizations receiving funding as a result of this act, shall provide the Commission annually with a complete financial accounting for the use of all funds received pursuant to this act.

The official horsemen's representative organization shall administer the benevolence program for participants in each live race meeting and a complete accounting of those funds along with the guidelines for administration and determination of eligibility for the benevolence program are subject to approval by the Commission.

Certification of electronic games - Review by Commission - Modification of electronic games. No electronic game, and no component thereof, may be offered for play by an organization licensee unless it has been certified by an independent testing laboratory approved by the Oklahoma Horse Racing Commission as conforming to the standards contained in this act.

It is the intent and policy of the Legislature that the standards for the games provided in this act shall operate so as to permit a large number of potential vendors to compete to furnish devices to the organization licensees. If the Commission determines that such standards serve to limit competition, the Commission is authorized to adopt rules modifying such standards so as to encourage competition while preserving the basic nature of the games permitted by this act; provided, that any tribe that has entered into an effective compact pursuant to Sections 21 and 22 of this act may, pursuant to such compact, conduct any electronic bonanza-style bingo game, any electronic amusement game or any electronic instant bingo game certified as meeting the standards contained in any such Commission rules modifying the standards of the games that may be conducted by organizational licensees.

A prototype of any electronic game which a licensee intends to offer for play shall be tested and certified by an independent testing laboratory as meeting the standards contained in this act. The licensee shall send copies of the requests for certification to the Commission when made and shall make all materials submitted to the independent testing laboratory available to the Commission upon request.

Any materials so submitted which are designated by the manufacturer or vendor as proprietary shall remain confidential and shall not be subject to the disclosure requirements of the Oklahoma Open Records Act. If requested by the independent testing laboratory, the licensee shall require the manufacturer or vendor to transport not more than two 2 working models of the electronic game for which certification is sought to a location designated by the laboratory for testing, examination or analysis.

Neither the state nor the independent testing laboratory shall be liable for any costs associated with the transportation, testing, examination, or analysis, including any damage to the components of the electronic game. If requested by the independent testing laboratory, the licensee shall require the manufacturer or vendor to provide specialized equipment or the services of an independent technical expert to assist with the testing, examination and analysis.

At the conclusion of each test, the independent testing laboratory shall provide to the Commission a report that contains findings, conclusions and a certification that the electronic game conforms or fails to conform to the standards contained in this act. If the independent testing laboratory determines that the device fails to conform to such standards, and if modifications can be made which would bring the electronic game into compliance, the report may contain recommendations for such modifications.

The independent testing laboratory shall retest for compliance following such modifications. The Commission shall review and approve a proposed electronic game, or component thereof, based solely on the standards contained in this act, subject to modification in accordance with subsection B of this section, and the report and certification received from the independent testing laboratory.

The Commission shall approve any proposed electronic game that meets the standards contained in this act. The Commission's review shall be completed within twenty 20 days of receipt of the certification from the independent testing laboratory as to any new electronic game or component thereof, and within ten 10 days of the receipt of the certification as to any modification to an electronic game which has already been approved by the Commission.

The certification shall be deemed approved if the Commission does not disapprove the proposed electronic game as not meeting the standards contained in this act within the twenty- or ten-day period, as may be applicable. If within the twenty- or ten-day periods described in this section for approval by the Commission of an electronic game or modification thereof, the Commission gives notice to the licensee that it has disapproved a proposed electronic game, such electronic game shall not be placed in any facility or, if already there, shall be removed or taken offline for play, to allow time for an appeal to be made in accordance with the applicable appeal process if an appeal is sought.

The sole issue in the appeal process shall be whether the electronic game, or a component thereof, which is the subject of the appeal, meets the standards contained in this act. The Commission shall have the authority to discuss the independent testing laboratory's report with representatives of the independent testing laboratory without any cost to the Commission and to physically review any electronic game as part of the applicable appeal process.

No modification to any electronic game may be made by an organization licensee after it is tested, certified and approved, without certification of the modification by the independent testing laboratory and approval thereof by the Commission. In situations where immediate modifications are necessary to preserve the integrity of an electronic game which has been operating pursuant to an approval obtained under this section, the independent testing laboratory may issue an emergency certification of the modification and a certification that is based on information provided to it by the licensee or obtained independently, emergency certification must be issued immediately to preserve the integrity of the electronic game, and that certification would likely be issued under ordinary circumstances.

Such emergency certifications shall be deemed to be temporarily approved by the Commission and remain in effect until the Commission takes final action under this section on the certification. There may be multiple winning combinations in each game and multiple winning cards;. Game play credits may be redeemed for cash or a cash equivalent;. An independent testing laboratory shall not be owned or controlled by an organizational licensee, an Indian tribe, the state, or any manufacturer, supplier or operator of gaming devices.

The use of an independent testing laboratory for any purpose related to the conduct of electronic gaming by an organization licensee under this act shall be made from a list of one or more laboratories approved by the Commission;. Player terminals - Recording, monitoring and regulating play. Electronic amusement games shall be played through the employment of player terminals which, following the payment of a fee, present games in which the player can win prizes in a format in which a player's performance can be improved by skill.

A player may purchase an opportunity to play an electronic amusement game at a player terminal, either through the insertion of coins or currency, cash voucher, or through the use of a cashless transaction system. The available games are displayed on the player terminal's video screen or otherwise prominently displayed on the terminal. The rules of the game are also displayed either prominently on the terminal or on a help screen, and include sufficient information to alert novice players on the concept of the game so that a novice player can understand how to improve his or her performance.

Depending on the game selected, the player must physically interact with the screen through touch screen technology or by depressing or activating buttons or other input devices, to cause an intended result. Following play on a player terminal, the result shall be displayed and prizes awarded. Prizes may be dispensed in the form of cash, coin, cash voucher, merchandise or through a cashless transaction system. Every play of the game shall be recorded, monitored and regulated to ensure full accountability and integrity of play, in accordance with the provisions of this act.

Electronic amusement games are games in which a player's performance can be improved by skill. Consistent with this intent, each player terminal employed in an electronic amusement game shall only offer games that meet the following minimum standards:. Each electronic amusement game must require decisions or actions by players that could affect the result of the game;. No auto-hold, "smart-hold", or similar feature shall be employed which permits the player terminal to automatically determine optimum play or make decisions for players;.

Each player terminal must prominently display either on the terminal or on a help screen:. Such information may not be incomplete, confusing or misleading;.

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The NTRA has pushed for the modernization of pari-mutuel withholding and reporting rules for several years. As more and more pari-mutuel wagering was directed toward exotic wagering pools it become clear that the tax rules were becoming an increasing and unfair burden on horseplayers as those outdated rules significantly increased the incidence of winning tickets subject to withholding and reporting.

Bill Farish. Waldrop noted that the NTRA has been working behind the scenes since January with industry groups - including totalisator companies, ADWs, and racing organizations - to ensure a smooth implementation for customers. Account: Forgot. PIN Forgot. View new rule under section q of the IRS Code.

Handicapping Tools. Horse Betting News. Watching race replays is an invaluable handicapping tool for horse betting. Sam F. OTB Support. Off Track Betting. While all of those numbers on the board may seem imposing, the odds and payoffs are actually pretty easy to learn. And by doing so, you will be able to make and calculate better bets.

The easiest information on the board is the win odds quoted on each horse. They don't tell you what the horse will pay, but the amount of profit you will get and the amount you have to bet to get it. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending on the rules at that track.

This rounding is called breakage. If you want to calculate the exact win odds on a horse, you will need to use a couple of other figures from the tote board:. Before the track pays off the winners, they deduct the "take," which is generally between 14 and 20 percent and is different in every state.

This money goes to pay state and local taxes, payment for the horsemen, expenses at the track, and the track's profit.

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Treasury Department and the Internal Revenue Service IRS today announced that they will formally adopt modernized regulations regarding the withholding and reporting of pari-mutuel proceeds. The National Thoroughbred Racing Association NTRA has long pressed for these updated regulations that will allow horseplayers to keep more of their winnings, thereby increasing the amount wagered on U.

The new rules were posted late Monday afternoon as a Public Inspection Document. They are scheduled to be officially published in Wednesday's edition of the Federal Register and will go into full effect by no later than Nov. The results of this much-needed measure will be horseplayers keeping more of their winnings, racetracks generating more pari-mutuel handle, and government collecting additional tax revenue.

This is a sure bet where everyone wins! Added Waldrop: "This day would never have come without the persistence of Thoroughbred racing's friends in Congress, especially Rep. John Yarmuth of Kentucky, Rep. We also are indebted to the industry stakeholders and thousands of customers of Thoroughbred racing who signed our petition or submitted public comments in favor of these changes.

Under the new regulations, the IRS will consider the inclusion of a bettor's entire investment in a single pari-mutuel pool when determining the amount reported or withheld for tax purposes, as opposed to only the amount wagered on the correct result.

The amended regulations, advocated by the NTRA and its legislative team, define the "amount of the wager" to include the entire amount wagered into a specific pari-mutuel pool by an individual - not just the winning base unit as is the case today - so long as all wagers made into a specific pool by an individual are made on a single totalisator ticket if the wager is placed onsite. The modernized regulations will have the same positive results for ADW customers and will not impact how those wagers are currently made.

The NTRA has pushed for the modernization of pari-mutuel withholding and reporting rules for several years. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending on the rules at that track. This rounding is called breakage. If you want to calculate the exact win odds on a horse, you will need to use a couple of other figures from the tote board:. Before the track pays off the winners, they deduct the "take," which is generally between 14 and 20 percent and is different in every state.

This money goes to pay state and local taxes, payment for the horsemen, expenses at the track, and the track's profit. To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to be paid out. Divide that figure by the amount bet on your horse to get the exact odds. This figure will always be rounded off to the nearest dime usually or nickel, as mentioned previously, before the payoffs are calculated.

Here is a simple example of win odds calculation:.