61D-7.001. Definitions

(1) “Admissions Charge” is the amount required of a patron to enter the permitholder’s facility and grandstand area inclusive of any amount the permitholder has charged as a condition for admission which is not optional.

(2) “Advance Wagers or Bets” are pari-mutuel wagers sold during a given performance for future contests within the same performance period including tickets sold during the early bird period.

(3) “Bet Cancel Delay” is the short period of time, after the stop bet command has been activated, during which a teller may cancel a wager.

(4) “Betting Interest” is a contestant or group of contestants upon which wagers may be placed.

(5) “Canceled Ticket” is a pari-mutuel ticket which is invalidated prior to the end of the betting period of the contest for which purchased.

(6) “Cashed Tickets” are tickets redeemed after the contest for which they were purchased. These include winnings and refundable wagers paid.

(7) “Commission” (takeout) is the percentage of the pari-mutuel pool deducted by the permitholder prior to distribution of the pool.

(8) “Common Pool” is the pool at the host track into which wagers taken at guest tracks are combined.

(9) “Account Betting” is the method of wagering on-track via an account opened by placing a sum of money on deposit with the permitholder.

(10) “Contest” is a race or game between horses, greyhounds, or players for purses, stakes or reward at any licensed race course or fronton and conducted in the presence of judges or stewards.

(11) “Corresponding Trifecta and Superfecta Combination” is either of two trifecta and superfecta combinations offered in the same performance which are comprised of identical halves, such as a twin-tri and a twin-tri.

(12) “Coupled Entry” is two or more horses having the same owner entered to run in the same race. A coupled entry is considered a single betting interest for purposes of wagering.

(13) “Covered Betting Interest” is a contestant upon which a wager has been made.

(14) “Credit Voucher” is a totalisator generated ticket issued in exchange for cash or cash equivalent accepted by a totalisator terminal for all transactions.

(15) “Entry” is a horse, greyhound, or player entered to compete in a contest.

(16) “Expired Ticket” is a winning or refundable pari-mutuel ticket not presented for redemption within 1 year from the date of the performance for which it was issued.

(17) “Future Wagers” are pari-mutuel tickets sold during a given performance, including the early bird period, for a future performance.

(18) “Gross Pool” is the total sales for a specific type of wager for a specific contest net of refunds and cancellations.

(19) “Hub or Hub System” is the intermediary computer system to which the terminals or totalisator of one or more guest facilities are linked to the host.

(20) “Interstate” shall mean from one state to another.

(21) “Jackpot” is the sum of money formed by the accumulation of previous contributions to a pool.

(22) “Major Pool” is the greater portion of a jackpot or a net pool paid to winning wagers.

(23) “Malfunction” shall mean any impairment of the totalisator functions or loss in communication between the host and the guest entities which causes:

(a) A delay or cancellation of contests,

(b) A delay in the combining of pools,

(c) A delay of computations of the payoff prices,

(d) A delay in generating or printing reports required to audit the pool,

(e) A delay or exclusion of exchange rights,

(f) Incorrect calculations,

(g) The wagers to be refunded.

(24) “Manual Merge” is the accessing of the mutuel pools by totalisator personnel for the sole purpose of manually adding guest wagering data which was not able to be combined electronically.

(25) “Meet” is:

(a) For the purposes of accounting or taxation, a performance or a series of performances conducted under a single operating license issued by the division.

(b) For the purpose of determining operating dates, the conduct of live racing or jai alai for any stake, purse, prize, or premium.

(26) “Minor Pool” is the lesser portion of a jackpot or a net pool.

(27) “Minus Pool” is the amount distributable to winners in a single wagering pool in excess of that net pool.

(28) “Mutuel Field” is two or more contestants grouped to run as a single betting interest due to limitations of the totalisator or tote board.

(29) “Mutuels Ticket” is a ticket issued through a totalisator terminal which represents the bettor’s contribution to a pari-mutuel pool or pools.

(30) “Net Pool” is the gross pool less commission.

(31) “Net Sales” is the aggregate value of all pari-mutuel tickets sold net of cancellations.

(32) “On-track” is the designation of wagers on events occurring at the facility conducting the contests or importing from out-of-state.

(33) “Outs or Outs Ticket” is a winning or refundable pari-mutuel ticket which is not redeemed.

(34) “Outs Account” is the computer file listing all outstanding pari-mutuel tickets for a particular meet and permitholder.

(35) “Outsbook” is the hard copy report of the outs account.

(36) “Payment Voucher” is a hard copy receipt issued by a totalisator terminal on which redemption of one or more mutuel tickets is recorded.

(37) “Permitholder” is any entity that holds a pari-mutuel permit.

(38) “Price” is the broken price which has been rounded down to the nearest $0.10 and which is the amount awarded to a winning wager.

(39) “Profit” is the dividend calculated for the distribution of a pool.

(40) “Profit Split” is the proration of the profit among winning combinations.

(41) “Primary Guest” is an entity which receives a broadcast from an out-of-state host, and which contracts other entities within the state to wager into the primary guest under the intertrack wagering statutes.

(42) “Refundable Wager” is a pari-mutuel wager invalidated due to causes beyond the control of the bettor.

(43) “Remote Totalisator” is a totalisator system configured so that the function of the central processing unit is handled by a totalisator system at a separate off-site location or logically separate on-site.

(44) “Remote Totalisator Server” is a totalisator system which provides the central processing function for one or more remote totalisators whether on or off site.

(45) “Satellite or Secondary Guest” is an entity in Florida which receives the signal directly from a host track but wagers into a primary guest.

(46) “Scratch” is the withdrawal of a dog or a horse from a contest.

(47) “Single Price Pool” is the type of price calculation that produces only one price for the distribution of a pool.

(48) “Split Meet” shall mean a meet which has five or more consecutive dark days during the meet, or a meet wherein more than one distinctly separate section of the meet occurs at different facilities authorized by the permit which may necessitate separate outs accounts for the two portions of the meet.

(49) “Starter” is an entry in a contest when the contest begins.

(50) “Table of Wagers” is the matrix showing the amount bet on each wagering combination for a pari-mutuel pool.

(51) “Uncovered Betting Interest” is a betting interest upon which no wager has been made.

(52) “Winning Wager” is a wager which has been awarded a price under the provisions of the pari-mutuel rules.

Specific Authority 550.0251(3), (7), 550.155(1) FS. Law Implemented 550.0251, 550.155 FS. History–New 10-20-96, Amended 12-15-97, 9-19-04, 4-12-06.