20:04:33:83Wagering rules.

A hub licensee shall adopt comprehensive terms and conditions. The rules, and any amendments to the rules, must be approved by the commission to be effective. The wagering rules, together with any other information the commission considers appropriate, must be conspicuously displayed on the hub licensee's digital platform or mobile application and included in the terms and conditions of wagering accounts, and copies must be made readily available to individuals and patrons. The wagering rules must provide the following regarding pari-mutuel bets: (1) Types of bets accepted; (2) Minimum and maximum bets; (3) The process for handling incorrectly posted events, odds, pari-mutuel bets, or results; (4) Method for calculation and payment of winning pari-mutuel bets; (5) Effect of schedule changes; (6) Method of notifying patrons of odds or proposition changes; (7) Acceptance of pari-mutuel bets at other-than-posted terms; (8) Procedures related to pending, winning pari-mutuel bets; (9) Method of contacting the licensee for questions and disputes; (10) Methods of funding a bet; (11) A policy that the hub licensee can cancel pari-mutuel bets for obvious errors pursuant to the hub licensee's internal controls, which must include a definition and procedures for obvious errors; (12) Rules and procedures for communicating with patrons; (13) What is to occur when a race or any component of a race on which pari-mutuel bets are accepted is canceled; and (14) Any other wagering rule-related information the commission determines necessary. Failure by a licensee to act in accordance with the wagering rules may result in disciplinary action as described in § 20:04:33:09.

Source: 53 SDR 35, effective September 30, 2026.