§ 191.2. Definitions.
The following words and terms, when used in this part, have the following meanings, unless the context clearly indicates otherwise:
AccountAn 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 systemADW systemA 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 EntityAPWEA 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.
CarryoverThe non-distributed pool moneys which are retained and added to a corresponding pool in accordance with these regulations.
Common Pool WageringA 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 ticketAn outstanding ticket which was not presented for redemption within the required time period for which it was issued in accordance with the Commissions regulations.
Independent Real Time Monitoring SystemA 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 wagerA 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 EntityAny 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 HostA licensed racing entity where live horse racing is conducted and on which pari-mutuel wagering is conducted by secondary pari-mutuel organizations.
Net amount wageredThe amount wagered reduced by the retention imposed under the laws of the Commonwealth or another jurisdiction.
On-track wagerA 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 Vouchera 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 HostA licensed racing entity that operates and controls access of secondary pari-mutuel organizations to, a pari-mutuel pool.
Pari-Mutuel TicketA 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 SystemThe 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 WageringA 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.
PayoutThe amount of money payable to winning wagers.
Real Time Transaction Monitoring SystemAn 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.
SimulcastLive 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.
TakeoutThe total amount of money, excluding breakage, withheld from each pari-mutuel pool, as authorized by section 9335 of the act.
Totalisator System StandardsMinimum 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.
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