Mo. Code Regs. Ann. tit. 12, § 50-80.130
Minimum Wager and Payoff
Effective Jan 12, 1987section 313.540, RSMo 1986.* Emergency rule filed June 20, 1986, effective June 30, 1986, expired Oct. 13, 1986. Original rule filed Oct. 3, 1986, effective Jan. 12, 1987. *Original authority: 313.540, RSMo 1986Missouri Horse Racing Commission
PURPOSE: This rule sets forth the minimum wager and the minimum payoff for wagering.
- (1) The minimum wager to be accepted by any licensed association shall be one dollar ($1).
- (2) The minimum payoff on a two dollar ($2) wager shall be two dollars and twenty cents ($2.20).
AUTHORITY: section 313.540, RSMo 1986.* Emergency rule filed June 20, 1986, effective June 30, 1986, expired Oct. 13, 1986. Original rule filed Oct. 3, 1986, effective Jan. 12, 1987. *Original authority: 313.540, RSMo 1986.