Bet payoff formulas - Uses by licensee of funds in excess of expenses - Payment to general fund
N.D. Cent. Code § 53-06.2-11
in effect53-06.2-11. Bet payoff formulas - Uses by licensee of funds in excess of expenses -
Payment to general fund.
1. For wagering on live horse racing:
a. In win, place, and show pari-mutuel pools, the licensee may deduct no more than
twenty percent of the amount wagered. Of the amount wagered, the licensee
shall pay:
(1) One-half of one percent to the state treasurer to be deposited in the general
fund.
(2) One-half of one percent to the commission to be deposited in the breeders'
fund.
(3) One-half of one percent to the commission to be deposited in the purse
fund.
(4) One-half of one percent to the commission to be deposited in the racing
promotion fund.
b. In daily double, quinella, exacta, trifecta, or other combination pari-mutuel pools,
the licensee may deduct no more than twenty-five percent of the amount
wagered. Of the amount wagered, the licensee shall pay:
(1) One-half of one percent to the state treasurer to be deposited in the general
fund.
(2) One-half of one percent to the commission to be deposited in the breeders'
fund.
(3) One-half of one percent to the commission to be deposited in the purse
fund.
(4) One-half of one percent to the commission to be deposited in the racing
promotion fund.
2. For simulcast and account wagering:
a. In win, place, and show pari-mutuel pools, the licensee may deduct no more than
twenty percent of the amount wagered. Except as limited in subdivision c, of the
amount wagered by simulcast and account wagering in win, place, and show
pari-mutuel pools, the licensee shall pay:
(1) One-sixteenth of one percent to the state treasurer to be deposited in the
general fund.
(2) One-sixteenth of one percent to the commission to be deposited in the
breeders' fund.
(3) One-sixteenth of one percent to the commission to be deposited in the
purse fund.
(4) One-sixteenth of one percent to the commission to be deposited in the
racing promotion fund.
b. Except as limited in subdivision c, of the amount wagered by simulcast and
account wagering in daily double, quinella, exacta, trifecta, or other combination
pari-mutuel pools, the licensee shall pay:
(1) One-sixteenth of one percent to the state treasurer to be deposited in the
general fund.
(2) One-sixteenth of one percent to the commission to be deposited in the
breeders' fund.
(3) One-sixteenth of one percent to the commission to be deposited in the
purse fund.
(4) One-sixteenth of one percent to the commission to be deposited in the
racing promotion fund.
c. For the fiscal year commencing July 1, 2013, the licensee may not pay more than
four hundred thousand dollars. For the fiscal year commencing July 1, 2014, and
thereafter, the licensee may not pay more than four hundred twenty thousand
dollars.
3. For all pari-mutuel wagering the licensee shall pay to the commission the amount due
for all unclaimed tickets and all breakage on the first twenty million dollars wagered in
each fiscal year with each service provider. The amount received must be deposited in
the racing promotion fund.
4. The licensee conducting wagering on live racing, simulcast wagering, or account
wagering shall retain all other money in the pari-mutuel pool and pay it to bettors
holding winning tickets as provided by rules adopted by the commission.
5. A licensee may not use any of the portion deducted for expenses under subsections 1
and 2 for expenses not directly incurred by the licensee in conducting pari-mutuel
racing under the certificate system. After paying qualifying expenses, the licensee shall
use the remainder of the amount so withheld only for eligible uses allowed to
charitable gambling organizations under section 53-06.1-11.1.
6. The commission shall deposit the moneys received pursuant to subsections 1, 2, and
3 and from the North Dakota horse racing foundation pursuant to subsection 5 of
section 53-06.2-05 in the breeders' fund, the purse fund, and the racing promotion
fund. Moneys, and any earnings on the moneys, in the breeders' fund, purse fund, and
racing promotion fund are appropriated to the commission on a continuing basis to
carry out the purposes of those funds under this chapter and must be administered
and disbursed in accordance with rules adopted by the commission. The commission
may not transfer money among the funds. The commission shall distribute in-state
awards and payment supplements from the breeders' fund in the same calendar year
the money was earned by the recipient. The commission shall distribute out-of-state
awards and payment supplements from the breeders' fund, if made available by the
commission, within two months of the end of the calendar year the money was earned
by the recipient. The commission shall distribute payments awarded to qualified
owners and breeders from the breeders' fund without requiring owners and breeders to
apply for the payments. The commission may receive twenty-five thousand dollars per
year or twenty-five percent per year, whichever is greater, from the racing promotion
fund for the payment of the commission's operating expenses.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t53c06-2.pdf#nameddest=53-06p2-11Fetched: 10/16/2026