- (a) Books may not accept wagers unless made against credits made to a wagering account as provided for in this part or on credit extended in accordance with the rules of the Arkansas Racing Commission.
- (b) A book shall accept wagers only on its licensed premises, and only at betting stations approved by the commission or through an account wagering system that has been approved by the commission.
- (c) A book shall not knowingly accept money or its equivalent ostensibly as a wager upon an event whose outcome has already been determined.
- (d) No book or agent or employee of a book may accept a wager from a person who the book, agent, or employee knows or reasonably should know is a messenger bettor or is placing the wager in violation of state or federal law.
- (e) No book may hold a patron’s money or its equivalent on the understanding that the book will accept the money as a wager only upon the occurrence of a specified, future contingency, unless an electronic record documenting the wager and contingency is immediately made in the off-track pari-mutuel race system.