Texas § 2028.152 DISTRIBUTION OF PARI-MUTUEL POOL.

Texas Statutes

§ 2028.152 — DISTRIBUTION OF PARI-MUTUEL POOL.

Texas § 2028.152

Code OCOccupations Code

This text of Texas § 2028.152 (DISTRIBUTION OF PARI-MUTUEL POOL.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Occupations Code Code Ann. § 2028.152 (2026).

Text

Sec. 2028.152. DISTRIBUTION OF PARI-MUTUEL POOL. Each greyhound racetrack association shall distribute all money deposited in any pari-mutuel pool to the winning ticket holders who present tickets for payment not later than the 60th day after the closing day of the greyhound race meeting at which the pool was formed less:

(1)an amount paid as a commission of 18 percent of the total deposits in pools resulting from regular win, place, and show wagering;

(2)an amount not to exceed 21 percent of the total deposits in pools resulting from multiple two wagering; and

(3)an amount not to exceed 25 percent of the total deposits in pools resulting from multiple three wagering.

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Sec. 2028.152. DISTRIBUTION OF PARI-MUTUEL POOL. Each greyhound racetrack association shall distribute all money deposited in any pari-mutuel pool to the winning ticket holders who present tickets for payment not later than the 60th day after the closing day of the greyhound race meeting at which the pool was formed less:
(1) an amount paid as a commission of 18 percent of the total deposits in pools resulting from regular win, place, and show wagering;
(2) an amount not to exceed 21 percent of the total deposits in pools resulting from multiple two wagering; and
(3) an amount not to exceed 25 percent of the total deposits in pools resulting from multiple three wagering.