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TITLE 16ECONOMIC REGULATION
PART 8TEXAS RACING COMMISSION
CHAPTER 321PARI-MUTUEL WAGERING
SUBCHAPTER CREGULATION OF LIVE WAGERING
DIVISION 2DISTRIBUTION OF PARI-MUTUEL POOLS
RULE §321.302Payoff on Minus Pool

Regardless of whether a pari-mutuel pool contains sufficient money, an association shall pay to the holder of a mutuel ticket that entitles the holder to participate in the distribution of a pari-mutuel pool the amount wagered by the holder plus a minimum of 5.0% of the wager.

Source Note: The provisions of this §321.302 adopted to be effective April 1, 2001, 26 TexReg 2160

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