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PDFWAC 230-15-490

Aggregate payout limits for odds-based prizes.

(1) House-banked card room licensees may impose aggregate payout limits if we approve for odds-based prizes.
(2) "Aggregate payout limit" means the maximum payout by a licensee to one or more players as the result of winning wagers from a single deal of cards.
(3) Aggregate payout limits must not be:
(a) Combined with different types of odds-based prizes; and
(b) Less than the maximum wager allowed for the game times the highest odds offered up to fifty to one. For example, if the maximum wager is three hundred dollars and the highest odds offered are five thousand to one, the aggregate payout limit cannot be less than fifteen thousand dollars (three hundred dollars times fifty); and
(c) Imposed upon any odds-based prize where the highest payoff odds on a winning wager are less than fifty to one; and
(4) All aggregate payout limits must be prominently displayed on the table layout or a sign placed on the table.
[Statutory Authority: RCW 9.46.070. WSR 21-11-057, § 230-15-490, filed 5/14/21, effective 6/14/21; WSR 07-09-033 (Order 608), § 230-15-490, filed 4/10/07, effective 1/1/08.]
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