Info Bulletin No.16 - CPMA - Exchange rate application when accepting fractional bets


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Information Bulletin
Horse Racing

Information Bulletin No.16

August 16, 2016 – On August 15, 2016, the Canadian Pari-Mutuel Agency (CPMA) released a Memorandum to Canadian Associations.

“In order to allow all Canadian associations to offer $.20 bets when participating in foreign-hosted pools, including those involving a Sportech pari-mutuel (Tote) system, CPMA will permit the exchange rate to be entered at the foreign pool host.”

A copy of this CPMA memo is attached to this bulletin.

The AGCO issues this Information Bulletin as a service. AGCO licensees are expected to know the Rules of Racing, closely review all memos from the CPMA, and keep up to date on the Schedule of Prohibited Drugs.