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TITLE 11: ALCOHOL, HORSE RACING, AND LOTTERY
SUBTITLE B: HORSE RACING CHAPTER I: ILLINOIS RACING BOARD SUBCHAPTER a: GENERAL RULES PART 313 HI/LOW SECTION 313.20 GENERAL PROVISIONS
Section 313.20 General Provisions
a) The minimum Hi/Low wager shall not be more than $20. The designated minimum wager shall be displayed in the official program on each day the Hi/Low wager is offered.
b) The Section shall be displayed in the official program on each racing day the Hi/Low wager is offered.
c) The designated target number and/or pool variation selected by the organization licensee in accordance with Section 313.30 of this Part shall be prominently displayed in the official program for each race designated for Hi/Low wagering. The target number selected by the organization licensee shall not be lower than 6 or greater than the sum of the 3 highest post position numbers.
d) Hi/Low wagering shall be prohibited on races that contain coupled entries or mutuel fields.
e) Takeout shall be deducted from each gross Hi/Low pool pursuant to the Act [230 ILCS 5/26(a)]. The takeout rate established by the organization licensee shall be prominently displayed in the official program each racing day that the Hi/Low wager is offered. |