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Terms and Conditions


These terms and conditions are subject to change at any time. The most current version is posted on our Web site nyrarewards.com - or can be obtained by calling 1-800-474-0191. It is your responsibility to be familiar with all wagering rules, policies, terms, conditions, and procedures, including any subsequent changes.
 


ACCOUNT INITIATION

NYRA Rewards membership and account funding are available to individuals eighteen (18) years of age and older. 
 
To establish or maintain a wagering account, applicant must:
 
Deposit $20 or more into your NYRA Rewards account if deposit is made online via Instant Funding.
 
Provide the following personal information: full legal name, phone number, email address, residence address, mailing address (if different), social security number, driver's license number and state, and any other information that may be requested by NYRA Rewards.
 
Read and agree to abide by all of the Terms and Conditions set forth at nyrarewards.com.
 
Authorize nyrarewards.com to use third party services to authenticate your account information. All information used to authenticate your account will be kept confidential.
 
Agree to pay all charges posted to your NYRA Rewards account.  NYRA reserves the right to deduct monies owed for any reason from your
 
NYRA Rewards account including deductions of amounts due and owing to NYRA.
 
Authorize NYRA to open an advance deposit wagering (ADW) account in your name and to manage the funds in the ADW account on your behalf.
 
Refrain from wagering if you relocate to any state or country that does not allow pari-mutuel wagering.
 
Acknowledge that NYRA reserves the right to report unusual or suspicious account or wagering activity to the proper authorities.

 

WAGERING

NYRA reserves the right to refuse any wagering transaction for any reason. Any and all wagers placed from jurisdictions that do not permit wagering will not be accepted.
 
NYRA may occasionally operate separate wagering pools from the host racetrack. Separate pools will be subject to rules and regulations of the applicable jurisdictional authority.
 
All wagers are considered final when a confirmation is received from NYRA’s totalizator service provider and your wager is commingled with the host pool.  If for some reason your wager cannot be commingled with the host racetrack wagering pool, your wager will be refunded to your account.
 
Requested wagers that are unsuccessful, ineffective or not permissible for any reason (including any and all track errors, tote malfunction, communications failures, etc.) will be canceled and the full wagered amount will be refunded to your account.
 
NYRA reserves the right, at its sole discretion, to terminate an account at any time and for any reason.  If and when your account is terminated, NYRA will return to you the balance of any funds in your account at the time of termination, less any applicable fees due to NYRA.
 
NYRA reserves the right, at its sole discretion, to refer any dishonored financial instruments to collection agencies, check registries and credit reporting agencies and to collect from the responsible accountholder any fees or charges incurred by NYRA due to dishonored financial instruments and expenses incurred as a result of our collection efforts.
 
NYRA reserves the right to disable your NYRA Rewards account until your unpaid fees and charges are paid to NYRA.
 
NYRA is not responsible for any fees charged to you by your bank or credit or debit card.
 
Please note: Your wagering account is for your personal use and is non-transferable. NYRA reserves the right to void any wagering transaction if there is reason to believe that someone other than you deposited funds in or placed a wager from your account. By law, you must immediately notify us of a change in your state of residency by calling 1-800-THE-NYRA (1-800-843-6972) and pressing 6 to speak with a NYRA Rewards Manager.  Please note: If you move to a state where wagering services are not available or wagering is not permitted, NYRA will be obligated to terminate your account and return to you all remaining funds.
 
As to Thoroughbred racing wagers, no wager over $500 in win, place, show pools on any betting entry and/or $50 on any one combination in daily double, exacta, quinella, trifecta, pick three, or other pools will be cancelled on the Internet.  As to Harness racing wagers, no wager over $100 in win, place, show pools on any betting entry and/or $50 on any one combination in daily double, exacta, quinella, trifecta, pick three or other pools will be cancelled on the Internet.  
 
NYRA management reserves the right to refuse any cancellation which may cause substantial altering of odds, prices, or betting totals, and will certify in writing, to a finding either allowing or rejecting such request.
 
This policy applies at NYRA after odds, probable prices, or betting totals are displayed which reflect actual wagering (i.e., first "flash" after morning line) at the racetrack.  
 

 

Credit Cards and Debit Cards

(1) You can fund your NYRA Rewards account using your Credit Card as a Cash Advance.  The fee charged by NYRA for providing this service is 4% of the amount you deposit. NYRA reserves the right to adjust the fee schedule without prior notice. Please be aware of any additional fees charged by your Credit Card provider.  You will be notified of NYRA’s applicable transaction fees prior to confirming your deposit request. 
 
(2) Upon your deposit request confirmation and the card issuer’s approval of the transaction, your NYRA Rewards account will be immediately credited with the amount you deposit. 
 
(3) To deposit by credit or debit card, you must provide your credit or debit card number, expiration date, and any other information required by NYRA to process your deposit request.
 
(4) By providing your credit or debit card information, you authorize NYRA to store your information in secured electronic format or any other method selected by NYRA in order to provide this service to you on a continuing basis.
 
(5) By providing your credit or debit card information, you agree that you are representing yourself and that you take full responsibility for all deposits made to your NYRA Rewards account.
 
(6) If a credit or debit card deposit is returned unpaid from your credit or debit card provider, you will be responsible to pay NYRA for funds provided to your NYRA Rewards account and all fees incurred by NYRA as a result of the unpaid deposit transaction.  NYRA reserves the right to recover unpaid deposits and fees from your NYRA Rewards account, through collection procedures, and to seek any and all relief that may be available to NYRA at law or in equity.
 


Electronic Funds Transfer

(1) You can fund your NYRA Rewards account using your personal checking account with electronic funds transfer. You may register no more than one (1) personal checking account for this service at any time.
 
(2) NYRA does not currently charge for this service. However, NYRA reserves the right to adjust the fee schedule without prior notice.  You will be notified of NYRA’s applicable transaction fees, if any, prior to confirming your deposit request.
 
(3) Upon your deposit request confirmation, your NYRA Rewards account will be credited with the amount you deposited after a four (4) business day waiting period.
 
(4) If and when you have five (5) check deposits pending during the waiting period, you will not be permitted to request another electronic funds transfer until one of the pending deposits has cleared.
 
(5) To deposit by electronic funds transfer, you must provide your bank routing number, checking account number, and any other information required by NYRA to process your deposit request.
 
(6) By providing your checking account information, you authorize NYRA to store your information in secured electronic format or any other method selected by NYRA in order to provide this service to you on a continuing basis.
 
(7) By providing your checking account information, you agree that you are representing yourself and that you take full responsibility for all deposits made to your NYRA Rewards account.
 
(8) If a check deposit is returned unpaid from your bank, you will be responsible to pay NYRA for funds provided to your NYRA Rewards account and all fees incurred by NYRA as a result of this unpaid deposit transaction.  NYRA reserves the right to recover unpaid deposits and fees from your NYRA Rewards account, through collection procedures, and to seek any and all relief that may be available to NYRA at law or in equity.
 
(9) You will be permitted to withdraw funds from your NYRA Rewards account to your personal checking account with electronic funds transfer if you have made at least one cleared deposit to your NYRA Rewards account using the same personal checking account.  In addition, you may not withdraw any uncleared funds, although all winnings in excess of your uncleared funds amount may be withdrawn at any time. NYRA does not currently charge for this service.  However, NYRA reserves the right to adjust the fee schedule without prior notice. You will be notified of NYRA’s applicable transaction fees, if any, prior to confirming your withdrawal request. 


Express Funding

(1) You can fund your NYRA Rewards account using Express Funding with your personal check deposits, either by electronic funds transfer or physical checks. Express Funding is only available if your personal checking account is registered in the electronic funds transfer system.
 
(2) With Express Funding, qualified deposits will result in immediate credits to your NYRA Rewards account, up to the allowable Express Funding limits. 

(3) In order to use Express Funding, you must enroll and agree to all of NYRA’s Express Funding terms and conditions.  By enrolling in Express Funding, you must also agree to the NYRA Reward’s terms and conditions for electronic funds transfer set forth above.
 
(4) The Express Funding daily limit is $500 maximum in one day and in any single transaction.  Express Funding is further subject to an aggregate limit of $1,000 over any rolling seven (7) calendar day period.
 
(5) Upon your deposit request confirmation and approval of the Express Funding eligibility screening, your NYRA Rewards account will be immediately credited within the allowable Express Funding limits.  
 
(6) To make an Express Funding deposit, you must provide your bank routing number, checking account number, and any other information required by NYRA to process your deposit request.
 
(7) To make an Express Funding deposit by physical check, you must submit a deposit slip and select the Express Funding option.  Such deposit requests will be processed after receipt by NYRA.  NYRA is not responsible for delayed deposits due to illegible deposit slips.
 
(8) For physical check deposits, you agree that NYRA may process the transaction by electronic clearing.  Such checks may be voided and destroyed by NYRA.  As a result, copies of the checks will not be available from your bank.
 
(9) Unless exigent circumstances are established to NYRA’s satisfaction, if a check deposit is returned from your bank unpaid, you will be considered ineligible for Express Funding for a period of six (6) months.  If a check deposit is returned from your bank unpaid twice within a 12-month period, again in the absence of exigent circumstances established to NYRA’s satisfaction, you will be permanently ineligible for Express Funding.
 


GENERAL TERMS AND CONDITIONS
 

Tax Withholding

By law, any wager which results in proceeds of $600.00 or more must be reported to the Internal Revenue Service (IRS), if the amount of such proceeds is at least 300 times as large as the amount wagered.  Any wager, which results in proceeds of more than $5,000.00, is subject to reporting and withholding, if the amount of such proceeds is at least 300 times as large as the amount wagered. If you are subject to IRS reporting or withholding requirements, we will send you Form W2-G summarizing information for tax purposes following the winning wager, less any applicable withholding, being deposited into your account.
 

Liability Limit

Except as provided otherwise by applicable law, in no event will NYRA, its employees, agents, contractors  or  suppliers be liable for lost profits or any special, incidental or consequential damages arising out of or in connection with the transactions described in NYRA’s terms and conditions, regardless of whether losses or damages are attributable to negligence or misconduct. To the extent permitted by applicable law, NYRA’s  liability, and the liability of NYRA’s contractors and  suppliers, to you and any third parties in any circumstance is limited to $100. 
 

Indemnification

You agree to defend, indemnify and hold harmless NYRA, its suppliers, distributors, contractors, subcontractors  and related entities and their respective directors, officers, employees and agents, from and against all claims, losses, damages, liabilities and costs (included but not limited to reasonable attorneys' fees and court costs), arising out of or relating to your breach of these  Terms and Conditions. The foregoing indemnification obligation shall survive termination or modification of these Terms and Conditions and your purchase or use of any product or service provided by NYRA, its suppliers, distributors, contractors, subcontractors and its affiliates.
 

Your Rights and Responsibilities

It is extremely important that you keep your account number, Personal Identification Number (PIN) and other confidential account data protected and secure.  Do not share your PIN or leave your computer unattended during an online wagering session. Please ensure that all information you provide to NYRA is accurate and complete. Contact us immediately by email at Websupport@nyrainc.com , or by calling 1-800-THE-NYRA (1-800-843-6972) and pressing 6 to speak with a NYRA Rewards Manager if you find any discrepancies in your account data.
 

Disputes/Governing Law

These Terms and Conditions and all transactions conducted with NYRA are governed by the laws of the State of New York. By using our website and wagering system you consent to the application of New York law governing account wagering and to the jurisdiction of federal and state courts located in the State of New York. Any disputes or claims alleging non-payment will be resolved according to the rules issued by the New York Racing and Wagering Board.
 

Linking to Third Party Sites from NYRARewards.com

Nyrarewards.com contains links to websites owned and operated by third parties. Neither nyrarewards.com nor NYRA is responsible for third party sites' privacy and security measures, policies and guidelines. When clicking through to a third party site from www.nyrarewards.com, please refer to each sites' privacy and security guidelines.
 
 

 

 
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