038-4 Wyo. Code R. §§ 4-3 - Wagering Rules
(a) A sports wagering operator or sports
wagering vendor must adopt comprehensive wagering rules, which must be approved
by the Commission.
(b) The wagering
rules, together with any other information the Commission considers
appropriate, must be conspicuously displayed on the sports wagering operator's
or its sports wagering vendor's digital platform or mobile application,
included in the terms and conditions of sports wagering accounts, and copies
must be made readily available to individuals and patrons.
(c) The wagering rules must address the
following items regarding online sports wagers, at a minimum:
(i) Types of online sports wagers
accepted;
(ii) Minimum and maximum
online sports wagers;
(iii)
Description of the process for handling incorrectly posted events, odds, online
sports wagers, or results;
(iv)
Method for calculation and payment of winning online sports wagers;
(v) Effect of schedule changes;
(vi) Method of notifying patrons of odds or
proposition changes;
(vii)
Acceptance of online sports wagers at other than posted terms;
(viii) Procedures related to pending winning
online sports wagers;
(ix) Method
of contacting the sports wagering operator or sports wagering vendor for
questions and complaints;
(x)
Description of prohibited persons, restricted patrons, and events and wager
types on which online sports wagers may not be accepted under the statutes and
these rules;
(xi) Methods of
funding a wager;
(xii) Maximum
payouts; however, such limits must only be established through limiting the
amount of an online sports wager and cannot be applied to reduce the amount
paid to a patron as a result of a winning online sports wager;
(xiii) A policy by which the sports wagering
operator or sports wagering vendor can cancel online sports wagers for obvious
errors pursuant to the sports wagering operator's or sports wagering vendor's
internal controls, which must include a definition and procedures for obvious
errors;
(xiv) Parlay wager related
rules;
(xv) Rules and procedures
for wagering communications;
(xvi)
What is to occur when an event or any component of an event on which online
sports wagers are accepted is canceled, including the handling of online sports
wagers with multiple selections, such as parlays, where one or more of these
selections is canceled; and
(xvii)
Any other wagering rule and related information the Commission determines
necessary.
(d) The sports
wagering operator shall not implement any changes or modifications of the
practices, procedures, or representations upon which the approval was based
without the prior written approval of the Commission. Failure by an applicant
to act in accordance with the wagering rules may result in disciplinary
action.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
Records that are determined by the Wyoming Pari-Mutuel Commission to fall under the public record classification, except those public records for which inspection may or shall be denied pursuant to W.S. 16-4-203, shall be available for inspection in the offices of the Wyoming Pari-Mutuel Commission during normal business hours. Disclosure of all records maintained by the Wyoming Pari-Mutuel Commission shall be made without regard to the intended use or purpose of the request.
Notes
(a) A sports wagering operator or sports wagering vendor must adopt comprehensive wagering rules, which must be approved by the Commission.
(b) The wagering rules, together with any other information the Commission considers appropriate, must be conspicuously displayed on the sports wagering operator's or its sports wagering vendor's digital platform or mobile application, included in the terms and conditions of sports wagering accounts, and copies must be made readily available to individuals and patrons.
(c) The wagering rules must address the following items regarding online sports wagers, at a minimum:
(i) Types of online sports wagers accepted;
(ii) Minimum and maximum online sports wagers;
(iii) Description of the process for handling incorrectly posted events, odds, online sports wagers, or results;
(iv) Method for calculation and payment of winning online sports wagers;
(v) Effect of schedule changes;
(vi) Method of notifying patrons of odds or proposition changes;
(vii) Acceptance of online sports wagers at other than posted terms;
(viii) Procedures related to pending winning online sports wagers;
(ix) Method of contacting the sports wagering operator or sports wagering vendor for questions and complaints;
(x) Description of prohibited persons, restricted patrons, and events and wager types on which online sports wagers may not be accepted under the statutes and these rules;
(xi) Methods of funding a wager;
(xii) Maximum payouts; however, such limits must only be established through limiting the amount of an online sports wager and cannot be applied to reduce the amount paid to a patron as a result of a winning online sports wager;
(xiii) A policy by which the sports wagering operator or sports wagering vendor can cancel online sports wagers for obvious errors pursuant to the sports wagering operator's or sports wagering vendor's internal controls, which must include a definition and procedures for obvious errors;
(xiv) Parlay wager related rules;
(xv) Rules and procedures for wagering communications;
(xvi) What is to occur when an event or any component of an event on which online sports wagers are accepted is canceled, including the handling of online sports wagers with multiple selections, such as parlays, where one or more of these selections is canceled; and
(xvii) Any other wagering rule and related information the Commission determines necessary.
(d) The sports wagering operator shall not implement any changes or modifications of the practices, procedures, or representations upon which the approval was based without the prior written approval of the Commission. Failure by an applicant to act in accordance with the wagering rules may result in disciplinary action.