Pennsylvania Code › Title 7 - AGRICULTURE › Part VIII - State Horse Racing Commission › Subpart C - Pari-Mutuel Wagering › Chapter 191 - GENERAL PROVISIONS-TEMPORARY REGULATIONS › Section 191.2 - Definitions

Current through Register Vol. 54, No. 28, July 13, 2024
The following words and terms, when used in this part, have
					 the following meanings, unless the context clearly indicates otherwise:
Account
-An account for account wagering
					 with a specific identifiable record of deposits, wagers and withdrawals
					 established by an account holder and managed by the licensed racing entity or
					 secondary pari-mutuel organization.
Advance deposit account wagering system
-
ADW system
-A system by which wagers are debited and payouts
					 are credited to an advance deposit account held by a licensed racing entity or
					 by its licensed racing vendor or secondary pari-mutuel organization on behalf
					 of a person.
Authorized Pari-Mutuel Wagering Entity
-
APWE
-A duly licensed racing entity, a licensed racing vendor
					 or a licensed SPMO which engage in or conduct all forms of pari-mutuel
					 wagering, including licensed advanced deposit wagering.
Carryover
-The non-distributed pool moneys
					 which are retained and added to a corresponding pool in accordance with these
					 regulations.
Common Pool Wagering
-A pari-mutuel
					 wagering pool administered in one jurisdiction which includes legal wagers of a
					 single type placed in more than one jurisdiction on a race or series of
					 races.
Expired ticket
-An outstanding ticket which
					 was not presented for redemption within the required time period for which it
					 was issued in accordance with the Commission's regulations.
Independent Real Time Monitoring System
-A
					 system approved by the Commission for the purpose of immediate and continuous
					 analysis of wagering and other pari-mutuel systems data to detect suspect
					 wagering transactions or other activity indicating a possible problem relating
					 to the integrity of the pari-mutuel system and which transmits transactional
					 level data to a wagering security database.
Interstate off-track wager
-A legal wager
					 placed or accepted in one state with respect to the outcome of a horse race
					 taking place in another state and includes pari-mutuel wagers, where lawful in
					 each state involved, placed or transmitted by an individual in one state by
					 means of telephone or other electronic media and accepted by an off-track
					 betting system in the same or another state, as well as the combination of any
					 pari-mutuel wagering pools.
Licensed Racing Entity
-Any person that has
					 obtained a license to conduct live thoroughbred or harness horse race meetings
					 respectively with pari-mutuel wagering from the Commission.
Live Racing Event Host
-A licensed racing
					 entity where live horse racing is conducted and on which pari-mutuel wagering
					 is conducted by secondary pari-mutuel organizations.
Net amount wagered
-The amount wagered
					 reduced by the retention imposed under the laws of the Commonwealth or another
					 jurisdiction.
On-track wager
-A wager with respect to the
					 outcome of a horse race which is placed at the racetrack at which the horse
					 race takes place.
Pari-Mutuel Cash Voucher
-a document or
					 card produced by a pari-mutuel system device on which a stored cash value is
					 represented and the value of which is recorded in and redeemed through the
					 pari-mutuel system.
Pari-Mutuel Pool Host
-A licensed racing
					 entity that operates and controls access of secondary pari-mutuel organizations
					 to, a pari-mutuel pool.
Pari-Mutuel Ticket
-A document printed or
					 record produced by a pari-mutuel system device on which is represented a
					 pari-mutuel wager or wagers that have been authorized and accepted for purposes
					 of participation in a pari-mutuel pool.
Pari-Mutuel System
-The hardware, software
					 and communications equipment used to record wagers, calculate payouts for
					 winning wagers, and transmits wagering transactions and pari-mutuel pool data
					 for display to patrons and to communicate with other pari-mutuel systems linked
					 to facilitate common pool wagering.
Pari-Mutuel Wagering
-A form of wagering,
					 including manual, electronic, computerized and other forms as approved by the
					 Commission, on the outcome of a horse racing event in which all wagers are
					 pooled and held by authorized pari-mutuel wagering entities for distribution of
					 the total amount, less the deductions authorized by law, to holders of winning
					 tickets.
Payout
-The amount of money payable to
					 winning wagers.
Real Time Transaction Monitoring System
-An operating system that can respond to input immediately, within the actual
					 time in the real world during which an event takes place. The system must be
					 able to react to a steady flow of new information without interruption and
					 perform its tasks within the same time constraints as the totalisator system it
					 monitors.
Simulcast
-Live video and audio
					 transmission of a race and pari-mutuel information for the purpose of
					 pari-mutuel wagering at locations other than a licensed association where the
					 race is run.
Takeout
-The total amount of money,
					 excluding breakage, withheld from each pari-mutuel pool, as authorized by
					 section 9335 of the act.
Totalisator System Standards
-Minimum
					 standards for approval and operation of a pari-mutuel wagering system.
Wagering Transmission Protocol (WTP)
-A
					 pari-mutuel wagering system protocol that facilitates transmission of wagering
					 transaction detail to a host totalisator.