N.Y. Comp. Codes R. & Regs. tit. 9 § 4300.32

Current through Register Vol. 46, No. 45, November 2, 2024

Section 4300.32 - Pre-race reports

(a) Unless otherwise exempted by the commission, before starting wagering each day, the totalisator operator shall print at a minimum all of the following reports:

(1) system initialization report showing:

(i) the date and time the system was initialized;

(ii) the identity of the totalisator operator initializing the system; and

(iii) the software version in use;

(2) configuration parameter report showing:

(i) the pools that may be offered as well as those are currently operational in the totalisator system;

(ii) the display cycle frequency, pools, any minimum pool required, minimum wagers, and means of display of any approximate odds or will-pays produced;

(iii) the minimum and maximum value of wagers for every pool that a wagering device may accept;

(iv) which wagering devices are activated, including a listing of all terminal operational that session/day;

(v) which remote sites may input into the totalisator system;

(vi) the split percentages and payout parameters for each multi-leg pool offered;

(vii) verification of all operational locking devices;

(viii) the amount of delay between locking switch activation and actual stop betting or canceling;

(ix) the canceling parameters for regular and supervisory wagering devices;

(x) configurations placed on each wagering device;

(xi) the method of breakage and rounding used in calculating the payout;

(xii) takeout percentages for each host site and for the live races including takeout percentages for each association, state and other statutory takeouts used in price calculations; and

(xiii) Federal tax withholding rates and parameters;

(3) race information report showing for each live race and simulcast performance to be offered:

(i) the pools to be opened, indicating totals starting at zero and totals starting with money from advance wagering;

(ii) pool summaries of all advance wagering;

(iii) money added;

(iv) underpayments or money added due to carry-overs, miss pools or any other reason; and

(v) the betting interest for each race, showing entries and scratches;

(4) odds report showing the opening line of odds for the win pool; and

(5) wagering device report listing the teller's identity assigned to each wagering device for that session/day if applicable.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 4300.32