Pari-Mutuel Betting Supervision Regulations

113 (1) For the purpose of this section, an overpayment is the amount of money paid out to the holder of a winning ticket that is in excess of the correct pay-out price, and an underpayment is the amount of money paid out to the holder of a winning ticket that is less than the correct pay-out price.

(2) Subject to subsection (3), no association shall offset any overpayment by an underpayment.

(3) The Executive Director may approve the offsetting of an overpayment by an underpayment within the same race where the overpayment and the underpayment arise from the same cause.

(4) An association shall add all money accruing to it from an underpayment, after betting has ended but before the pay-out price is calculated, to the first pool that is conducted on the third day on which pari-mutuel betting is held by that association after the day on which the underpayment occurred.

(5) Where underpayments are added to a pool, they shall be added to the net pool.