House Rules — Acceptance of Wagers — Payouts

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  1. Each licensee shall adopt and adhere to a written, comprehensive policy outlining the house rules governing the acceptance of wagers and payouts. The policy and rules must be approved by the board prior to the acceptance of a wager by a licensee. The policy and rules must be readily available to a bettor on the licensee's website.
  2. The board shall promulgate rules regarding:
    1. The manner in which a licensee accepts wagers from and issues payouts to bettors, including payouts in excess of ten thousand dollars ($10,000); and
    2. Reporting requirements for suspicious wagers.


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