ARSD 20:04:30:14
After deduction of a commission of 18 1/4 percent and the breakage, a pari-mutuel pool shall be redistributed to the winning contributors; however, each association must, in all cases of a mutuel pool, redistribute not less than $1.10 on each $1.00 wager, even though it might be a minus pool. A violation of this rule shall be punished by revocation of license.
Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:09:02, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986.
General Authority: SDCL 42-7-56 .
Law Implemented: SDCL 42-7-56 .