Race Book-Sports Pool Questionnaire

Race Book-Sports Pool Questionnaire YES 1. When do you propose to begin operations? _____________________ ________________________________________________________ What will your business year end be for financial statement purposes? ________________________________________________________ Is this book an addition of a game to an existing operation? Is this a satellite book? Is this operation a book only location? If YES: a. Who owns the property? _____________________________ b. Who owns the building? ______________________________ c. Who will provide janitorial service? _____________________ _________________________________________________ _ _______ _______ _______ _______ _______ _______ NO 2. 3. 4. 5. d. Who will provide any other service which has access to the premises? ________________________________________ _________________________________________________ 6. 7. What will be the square footage available? _____________________ Who can comp? __________________________________________ ________________________________________________________ Will credit be extended to patrons? If YES: a. Who can authorize credit and at what levels? _____________ _________________________________________________ _ _________________________________________________ _ _________________________________________________ _ b. What is the maximum credit to be extended? _____________ _________________________________________________ _ c. Have you read and understand the requirements of Regulation 22.170? _______ _______ 8. _______ _______ _______ _______ _______ _______ 9. 10. Will front money accounts be established? Will wagering communications be accepted? American LegalNet, Inc. www.FormsWorkflow.com YES If YES: a. What is the minimum front money deposit for wagering accounts? ________________________________________ NO b. Have you read and understand the requirements of Regulation 22.140? 11. Will layoff bets be placed? If YES: a. Will you lay off bets with cash? b. Will you have credit accounts at other books? c. Will you have telephone accounts at other books? _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ d. Have you read and understand the requirements of Regulation 22.110 & Regulation 22.180? 12. Have you read and understand the wagers, terms and conditions of Regulation 22.125? What type of computerized wagering system will be used? _________ ________________________________________________________ From whom will the equipment be purchased/leased? _____________ ________________________________________________________ How many administrative terminals? ___________________________ How many "inquire-only" administrative terminals? _______________ How many writer terminals? __________________________________ How many cashier terminals? ________________________________ How many optical parlay card readers? ________________________ Will display boards be electronic or manual? ____________________ a. Have you read and understand the requirements of Regulation 22.060(7)? 21. How will the morning line be established for: a. Sports? __________________________________________ b. Race? ____________________________________________ 22. How is the information provided for: a. Sports? __________________________________________ _______ _______ _______ _______ 13. 14. 15. 16. 17. 18. 19. 20. _______ _______ American LegalNet, Inc. www.FormsWorkflow.com YES b. Race? ____________________________________________ NO 23. 24. What is the cost of the service? ______________________________ What is the minimum bet for : a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. Race? ____________________________________________ 25. What is the maximum bet for: a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. Race? ____________________________________________ _______ _______ 26. Is there a limit on the payout? If YES: a. Sports amount? ____________________________________ b. Parlay Card amount? ________________________________ c. Race amount? _____________________________________ 27. Is there a limit on aggregate payout? If YES: a. Sports amount? ____________________________________ b. Parlay Card amount? ________________________________ c. Race amount? _____________________________________ _______ _______ 28. Are there any restrictions on wagers? If YES, what are they: a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. Race? ___________________________________________ _______ _______ 29. What is the projected total write for the first year of operations for: American LegalNet, Inc. www.FormsWorkflow.com YES a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. 30. Race? ___________________________________________ NO What is the projected gross win for the first year of operations for: a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. Race? ___________________________________________ 31. What is the projected total write for the first full month of operations for: a. Sports? __________________________________________ b. Parlay Cards? _____________________________________ c. Race? ___________________________________________ 32. At the end of the first week of operations: a. What is the projected amount to be held for the account of patrons? __________________________________________ b. What is the projected amount to be accepted as wagers on contingencies whose outcomes have not been determined? _________________________________________________ _ c. What is the projected amount owed but unpaid on winning wagers? __________________________________________ 33. Have you read and understand the reserve requirements of Regulation 22.040? In what form will the reserve be maintained? ____________________ ________________________________________________________ NOTE: If the reserve is to be maintained in the form of a bond or a certificate of deposit, model agreements are attached to assist you in meeting the requirements of Regulation 22.040. _______ _______ 34. 35. What is the source of funds for the reserve? ____________________ ________________________________________________________ Who will be your independent accountant pursuant to Regulation 22.040(9)? _____________________________________