8.22.3411 BREAKAGE, MINUS POOLS AND COMMISSIONS
(1) The licensee may retain 20 percent of the total amount wagered on
each race, with 1% being paid to the Montana board of horse racing, and in
addition may retain:
(a) any
remainder occurring in each calculation on a dollar basis;
(b) any
odd cents over any multiple of 10 cents in the amount calculated on a dollar
basis, so that the licensee may retain the breaks on tickets of every
denomination except in the case of a minus pool.
(2) In
the event a minus pool should occur and the amount calculated on the dollar
basis be less than 10 cents, the association shall pay the amount of five cents
on each dollar bet.
(3) In
the event a minus pool occurs, the expenses of such minus pool shall be borne
by the licensee.
History: 23-4-202, MCA; IMP, 23-4-301, 23-4-302, 23-4-303, MCA; Eff. 12/31/72; AMD, Eff. 5/4/74; AMD, Eff. 5/5/77; AMD, 1979 MAR p. 39, Eff. 1/26/79; TRANS, from Dept. of Prof. & Occup. Lic., Ch. 274, L. 1981, Eff. 7/1/81; AMD, 1992 MAR p. 1605, Eff. 7/31/92; TRANS, from Dept. of Commerce, 2002 MAR p. 1500; TRANS, from 32.28.1611, 2015 MAR p. 2252, Eff. 12/25/15.