Account Wagering Policy
General
Wagering through Day At The Track ("DATT") shall be conducted in accordance with applicable laws and these rules into on-track co-mingled pari-mutuel pools hosted at each racetrack. The tote system has been tested prior to and during any racetrack performance card as required by applicable regulations. All wagering activity shall be maintained in records so that regulators may review information for any race including the amounts of wagers placed on any betting interest and such other information as may be required.
Pari-Mutuel Wagering
A pari-mutuel ticket serial number issued is evidence of a wager through the DATT system into the pari-mutuel pool operated by a racetrack.
To be deemed a valid pari-mutuel ticket serial number, such ticket shall have been issued and recorded by the DATT tote system to be entitled to a share of the pari-mutuel pool.
Cancellation or exchange of ticket serial numbers issued shall not be permitted after a patron has reviewed and finalized (confirmed) their wagers.
Payment on winning pari-mutuel wagers shall be made on the basis of the order of finish as purposely posted and declared "official." If an error in the posted order of finish or payout figures is discovered, the official order of finish or payout prices may be corrected and an announcement concerning the change shall be made.
DATT shall have no obligation to enter a wager into a betting pool if unable to do so due to equipment or telecommunications failure.
All times shown are Eastern Standard Time zone of the United States, unless otherwise indicated.
DATT tote system does not accept wagers into pools with exchange ticket feature, included but not limited to Twin-Trifectas, Tri-super.
Claims for Payment from Pari-Mutuel Pool
A written, verified claim for payment from a pari-mutuel pool shall be accepted by the DATT in any case where the Site has withheld payment or has refused to cash a pari-mutuel wager. The claim shall be made to customerservice@dayatthetrack.com and the claimant shall make such claim under penalty of perjury. The original of such claim shall be forwarded within 24 hours.
Payment for Errors
If an error occurs in the payment amounts for pari-mutuel wagers which are cashed or entitled to be cashed: and as a result of such error the pari-mutuel pool involved in the error is not correctly distributed among winning ticket holders, the following shall apply.
In the case of underpayment, any claim not filed, as described in Section F above, within 30 days inclusive of the date on which the underpayment was publicly announced, shall be deemed waived and the racetrack shall have no further liability.
In the event the error results in an overpayment to winning wagers, the racetrack shall be responsible for such payments.
Pari-mutuel Wagering Explanation of Rules and Refunds
Applicable pari-mutuel wagering rules and each type of betting pool offered for every wagering performance may vary from one racetrack to another. General rules and types of wagering relative to each type of pari-mutuel pool are described below, however, they are general parameters and in case of any variance to these rules, an explanation will be made available upon request through the DATT's Customer Service Department by email to customerservice@dayatthetrack.com.
Types of wagering pools
Win
The first runner to cross the finish line, therefore, patron collects if their selection finishes "first"
Place
The second runner to cross the finish line, therefore, patron collects if their selection finishes "second" or "first".
Show
The third runner to cross the finish line, therefore, patron collects if their selection finishes "third", "second" or "first".
Daily Double
A patron collects if they pick the winners of the first and second designated races (legs). Daily Double races are noted in the program
Quinella
Two runners to finish "first" and "second" in any single race. Patron collects if they finish in either order
Exacta / Perfecta
A patron must select the runners that finish "first and "second" in a single race in their exact order of finish.
Trifecta
A patron must select the runners that finish "first ","second" and "third" in a single race in their exact order of finish.
Superfecta
A patron must select the runners that finish "first ","second", "third" and "fourth" in a single race in their exact order of finish.
Pick 3
A patron collects if they pick the winners of three designated races (legs). Pick 3 races are noted in the program.
Pick 6
A patron collects if they pick the winners of six designated races (legs). Pick 6 races are noted in the program.
Display of Betting Information
Official results and payouts will be displayed upon each contest being declared official.
Cancelled Races & Refunds
If a race is cancelled or declared "no contest" refunds shall be granted on valid wagers in accordance with these rules. Authorized refunds to affected pari-mutuel ticket serial numbers shall be credited automatic into the patron's account.
Notwithstanding other provisions of these rules, refunds of the entire pool shall be made on:
- Funds which do not reach the host track due to communication, technical, or other acts of nature.
- Show wagering on any contest with five (5) or fewer betting interests scheduled to start.
- Quinella wagering on any contest with three (3) or fewer betting interests scheduled to start.
- Quinella Double wagering on any contest with three (3) or fewer betting interests scheduled to start.
- Exacta wagering on any contest with three (3) or fewer betting interests scheduled to start.
- Trifecta wagering on any contest with seven (7) or fewer betting interests scheduled to start.
- Superfecta wagering on any contest with seven (7) or fewer betting interests scheduled to start.
- Changes in pool definitions prior to or after Tote "link-up" with Host Track
Applicable refunds for each type of betting pool offered for every wagering performance may vary from one racetrack to another. In case of any variance to these rules, an explanation will be made available upon request through the DATT's Customer Service Department by email to customerservice@dayatthetrack.com.
Coupled Entries and Mutuel Fields
Contestants coupled in wagering as a coupled entry or mutual field shall be considered part of a single betting interest for the purpose of price calculations and distribution of pools. Should any contestant in a coupled entry or mutual field be officially withdrawn or scratched, the remaining contestants in that coupled entry or mutual field shall remain valid betting interests and no refunds will be granted. If all contestants within a coupled entry or mutual field are scratched, then tickets on such betting interests shall be refunded, notwithstanding other provisions of these rules.
For the purpose of price calculations only, coupled entries and mutual fields shall be calculated as a single finisher, using the finishing position of the leading contestant in that coupled entry or mutual field to determine order of placing.
Wagering Pool Definitions and Updates
Pools that are displayed and open for wagering as of 10:15am Eastern Time are consider preliminary up to 40 minutes prior to the first post time of the host track. As of 35 minutes prior to first post of the host track, pools are considered updated to reflect all changes due to link-up" with the host track. Refer to "Cancelled Races & Refunds" to determine how these changes may affect wagers placed before "link-up" with the host track is complete.
Account Opening
The DATT offers a system of account wagering to its patrons whereby wagers are debited and payouts credited to a sum of money, deposited in an account by the patron that is held by the site. The site shall notify the patron, at the time of opening the account, of any rules made concerning deposits, withdrawals, average daily balance, user fees, interest payments and any other aspect of the operation of the account. The site shall notify the patron whenever the rules governing the account are changed, such notification occurring before the new rules are applied to the account and including the opportunity for the patron to close or cash-in the account. The patron shall be deemed to have accepted the rules of account operation upon opening or not closing the account.
Refusals
DATT and the site indistinctively may reserve the right at any time to refuse to open an account, to accept a wager or to accept a deposit.
Patron Information
Each account holder shall provide such personal information as required to comply with applicable rules and regulations, including an address to which communications are to be delivered. The site shall provide a confidential account number and password to be used to confirm validity of every account transaction.
Deposits
Deposits may first need DATT's clearance. Holding periods will be determined by the site and advised to the account holder. A receipt for the deposit must be issued to the account holder, but does not need to reflect the current account balance.
Account Credits
When an account is entitled to a payout or refund, said monies will be credited to the respective accounts, thus increasing the balance. It is the responsibility of the account holder to verify proper credits and, if in doubt, notify the site within the agreed upon time-frame for consideration as described in Section 1 paragraph E of these rules.
Account Closure
The site may close any account when the holder thereof attempts to operate with an insufficient balance or when the account is dormant for a period of time. In either case, the site shall refund the remaining balance of the account.
IRS Withholding Procedure
Winning tickets with odds 300 to 1 and paying $602 or higher will be reportable to the IRS requiring the corresponding W2-G IRS form to be filled ("signer"). In addition, Winning tickets with payouts greater than $5000 will be subject to a withholding of 25% (TWENTY-FIVE PERCENT).
Residents outside of the United States are not subject to this withholding requirement.