Pete,
The instructions are correct as far as they go. The instructions ARE NOT complete. The instructions are ONLY discussing 300 to 1 transactions that just so happen too also include wagering pool transactions. Wagering pool transactions can also involve 300 to 1 or not depending upon the type of transaction it is. Please read the regulations. If you read them you will see wagering pools ALSO have nothing to do with 300 to 1 transactions AND that's where the confusion comes from.

AMEN BROTHER - Please Pete, no more questions. I have been fighting this battle for over 12 years and I really am sick of it. Let the damn casinos do what they want. They will any way. Rest assured of one fact. I'll bet any amount you wish that the casinos WILL NOT fight the wagering pool issue in court. Why? - because it is not their money; it is the players money!!!!

Best, Mr."P"