For the purposes of this chapter, the terms defined in this section have the meanings given them.
[Renumbered subd 8]
"Banked" means any game of chance that is played with the house as a participant in the game, where the house takes on all players, collects from all losers, and pays all winners, and the house can win.
[Renumbered subd 15]
"Breakage" is the odd cents of all money to be distributed based on each dollar bet exceeding a sum equal to the next lowest multiple of ten.
[Renumbered subd 6]
"Card club" means a facility or portion of a facility where the commission has authorized a licensee to conduct card playing.
[Renumbered subd 14]
"Card playing" means an activity wherein individuals wager utilizing a 52-unit system comprised of a series of numbers, numbered two through ten, and the letters J, Q, K, and A, combined with four symbols commonly known as hearts, diamonds, spades, and clubs, wherein each individual unit constitutes the display of one of the 52 possible combinations. The symbol commonly known as a joker may be incorporated into the system.
[Renumbered subd 3]
"Commission" is the Minnesota Racing Commission.
[Renumbered subd 22]
"Handle" means the aggregate of all pari-mutuel pools, excluding refundable wagers or cancellations.
[Renumbered subd 12]
"Horse racing" is any form of horse racing in which horses carry a rider or pull a sulky.
[Renumbered subd 10]
"Horseperson" means a person who is currently licensed by the commission as an owner or lessee, or a trainer.
[Renumbered subd 17]
"Licensed racetrack" is a racetrack at which horse racing is conducted on the premises and which holds a class A or class D license issued by the commission.
[Renumbered subd 18]
"Mixed meet" means a racing day or series of racing days on which the racing of more than one breed of horse occurs.
"Multiple pool" is a licensed pari-mutuel pool other than a straight pool. A "multiple bet" is a bet in a multiple pool.
"On-track pari-mutuel betting" means wagering conducted at a licensed racetrack.
"Pari-mutuel betting" is the system of betting on horse races where those who bet on horses that finish in the position or positions for which bets are taken share in the total amounts bet, less deductions required or permitted by law.
"Person" is an individual, firm, association, partnership, corporation, trustee, or legal representative, and any licensee, participant, or patron.
[Renumbered subd 9]
"Player pool" means a wagering system or game where wagers lost in a number of card games may be accumulated into a pool for purposes of enhancing the total amount paid back to players in any other card game. In such instances, the sponsor or house may only serve as custodian of the player pool and may not have an active interest in any card game.
"Racing day" is a day assigned by the commission on which live racing is conducted.
[Renumbered subd 13]
"Racing meeting" is a series of days in which racing days are not separated by more than five nonracing days.
[Renumbered subd 20]
"Racing season" means that portion of the calendar year starting at the beginning of the day of the first live horse race conducted by the licensee and concluding at the end of the day of the last live horse race conducted by the licensee in any year.
"Simulcasting" means the televised display, for pari-mutuel wagering purposes, of one or more horse races conducted at another location wherein the televised display occurs simultaneously with the race being televised.
A "steward" means an official described in section 240.16. The term steward includes the terms "judge," "chief steward," and "presiding judge," and applies to stewards and judges of the commission or a class B licensee, but not to other racing officials, such as paddock or placement judges, who are employees or agents of a class B licensee.
[Renumbered subd 19]
"Straight pool" is a licensed pari-mutuel pool in which each ticket represents a bet to win, place, or show. A "straight bet" is a bet in a straight pool.
"Takeout" means the total amount of money, excluding breakage, withheld from each pari-mutuel pool, as authorized by statute or rule.
[Renumbered subd 4]
"Unbanked" means a wagering system or game where the individual participants compete against each other and not against the sponsor or house. In an unbanked system or game, the sponsor or house may deduct a percentage from the accumulated wagers and impose other charges for hosting the activity but does not have an interest in the outcome of a game. The sponsor or house may add additional prizes, awards, or money to any game for promotional purposes. Unbanked games include those games that involve a player pool.
[Renumbered subd 5]
[Renumbered subd 24]
[Renumbered subd 16]
[Renumbered subd 23]
[Renumbered subd 7]
[Renumbered subd 11]
[Renumbered subd 2]
[Renumbered subd 21]
Official Publication of the State of Minnesota
Revisor of Statutes