| (a) An association shall transmit wagering data through a method
authorized by this subsection, in the following order of preference:
(1) via a data circuit or frame relay;
(2) via facsimile; or
(3) by voice.
(b) Except as otherwise provided by this subsection, the odds
and prices for a common pool shall be calculated in accordance with the laws
and rules of the jurisdiction in which the host racetrack is located. In determining
the amount distributable to the wagerers, the total takeout required in the
jurisdiction in which the host racetrack is located shall be used. If the
association desires, the association may use the net pool pricing method for
determining the payoff prices.
(c) An association shall ensure that the necessary records
are maintained regarding the amounts wagered at its racetrack for accounting,
auditing, and reporting purposes.
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