24 NCAC 06A .0502         Acceptance of Wagers

(a)  Wagers shall be placed through a Wagering Account or within a Wagering Lounge.

(b)  Available Wagers shall be displayed to Players and include the lines or odds, the Wager Type, and Wagering Event on which Wagers are being accepted.

(c)  An Operator may not set lines or odds or offer Wagering propositions designed to ensure that a Player will win a Wager or a series of Wagers, unless the lines, odds, or Wagering propositions are offered in connection with a promotion or bonus conducted in accordance with Rule .0503 of this Subchapter. An Operator may not accept a Wager on a Wagering Event unless a Wagering proposition is posted on the Operator's websites, mobile applications, or if applicable, within the Wagering Lounge.

(d)  Wagers may only be made by Players using:

(1)           Cash;

(2)           Cash Equivalents converted to Cash;

(3)           credit cards or debit cards;

(4)           electronic funds transfers including automated clearing house and other electronic methods;

(5)           promotional or bonus credits;

(6)           winning Wagering Tickets or Vouchers;

(7)           funds within a Wagering Account;

(8)           a Player's reloadable prepaid account or card, which has been verified as being issued to the Player and is nontransferable; and

(9)           other forms of payment approved by the Commission.

(e)  The Operator shall debit the amount Wagered by a Player from their Wagering Account. Wagers shall not be accepted in an amount in excess of an Account balance.

(f)  No Operator shall accept a Wager from a Person through the use of the Wagering Account of or for another Person. No Operator shall knowingly allow a Person to make a Wager utilizing the Wagering Account of another Person.

(g)  An Operator shall file with the Commission, in a manner and form developed by the Commission, a report of an error that occurs in offering a Wagering Event or Wager or if an unapproved event or Wager Type is offered to the public.

 

History Note:        Authority G.S. 18C-114(a)(14);

Previously adopted as Rule 1E-002;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.