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Home > Title 16 > Part 8 > Chapter 321 >Subchapter C > Rule 321.302
TITLE 16 - ECONOMIC REGULATION
PART 8 - TEXAS RACING COMMISSION
CHAPTER 321 - PARI-MUTUEL WAGERING
SUBCHAPTER C - REGULATION OF LIVE WAGERING
SECTION/RULE §321.302 - Payoff on Minus Pool
Chapter Review Date 07/23/2020

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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