Originally Posted by SandyW
Not possible, you will never be comped slot credits for any pari-mutual wagering. You can only use the pari-mutual credits for food, rooms, shows, racing forms or other hotel armenities, but no converting to cash or slot play in any way, form or manner.
Here is the Regulation pertaining to rebates and what can be given for pari-mutual play.
22.125 Wagers; terms and conditions. 1. No book shall: (a) Accept from a patron, directly or indirectly, less than the full face value of an off-track pari-mutuel wager; (b) Agree to refund or rebate to a patron any portion or percentage of the full face value of an off-track pari-mutuel wager; or (c) Increase the payoff of, or pay a bonus on, a winning off-track pari-mutuel wager. 2. The provisions of this subsection do not prohibit the granting of the following by a book, including a satellite book, or a licensed gaming establishment where a book is located, or an affiliate of one or more of those entities that holds a nonrestricted gaming license: (a) Room, food, beverage, racing data subscriptions or services, including but not limited to broadcasts, periodicals and electronic publications or services, that are available to the public from other sources, tobacco, or other services, including spa services, movies, bowling and entertainment admission; (b) Limousine or other car service transportation to and from the gaming establishment where the book is located; or (c) Merchandise or other non-cash equivalents not exceeding $100 per patron per week with the value of such $100 determined by the book’s or the licensed gaming establishment’s cost. 3. A book, including a satellite book, or a licensed gaming establishment where a book is located, or an affiliate of one or more of those entities that holds a nonrestricted gaming license, may award player loyalty program points based on pari-mutuel wagers placed by a patron, however, such points may only be redeemed in accordance with the rules of the program, provided that points earned based on pari-mutuel wagers may not be redeemed for cash, items or services that the book intends to or does redeem for cash, or free-play on any gaming device or gambling game, or for items or services that do not fall under one of the exceptions listed under subsection 2. 4. A book shall not, in an attempt to provide a benefit to the patron in violation of subsection 1, offer a wagering proposition, or set or move its wagering odds, lines or limits. 5. The chairman may require a book to: (a) Disclose its betting limits in its house rules and obtain approval from the chairman before changing those limits or modifying its house rules; and (b) Document and report, in such manner as the chairman may approve or require, wagering limits, temporary changes to such limits, or the acceptance of a wager or series of wagers from the same patron that exceeds such limits. The report may include, but is not limited to: (1) Recording the name of the patron for which betting limits are changed or exceeded; (2) Recording the name of the employee approving the acceptance of a wager that exceeds betting limits or causes a change in betting limits; (3) Describing the nature of the temporary change and any related wagers; and (4) Describing how the temporary change in limit will benefit the licensee. The chairman shall notify the book, in writing, of the decision to impose such requirements and such decision shall be considered an administrative decision and, therefore, reviewable pursuant to the procedures set forth in Regulations 4.185, 4.190 and 4.195. 6. A book shall not set lines or odds, or offer wagering propositions, designed for the purposes of ensuring that a patron will win a wager or series of wagers
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