<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".02" citation="COMAR 36.10.14.02" title_num="36" subtitle_num="10" chapter_num="14" heading="Commission Approval of Specific Bet Types.">
  <paragraph num="A.">
    <text>A sports wagering licensee shall submit to the Commission for approval the events and types of wagers it proposes offering to bettors prior to accepting any sports wagering bets.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The Commission may permit a sports wagering licensee to offer wagering on any approved sporting event.</text>
  </paragraph>
  <paragraph num="C.">
    <text>The Commission may permit a sports wagering licensee to offer any of the following types of wagers on the events contained in §B of this regulation:</text>
    <paragraph num="(1)">
      <text>Exchange wagers;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>In-game wagers;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Parlay wagers;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Proposition wagers;</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Straight wagers;</text>
    </paragraph>
    <paragraph num="(6)">
      <text>Pools; and</text>
    </paragraph>
    <paragraph num="(7)">
      <text>Other types of wagers as approved by the Commission.</text>
    </paragraph>
  </paragraph>
  <paragraph num="D.">
    <text>A sports wagering licensee shall make available to bettors a clear explanation of all types of wagers permitted by the Commission and events on which those wagers are permitted.</text>
  </paragraph>
  <paragraph num="E.">
    <text>A sports wagering licensee may place a layoff wager with another sports wagering licensee or located in the State for the purpose of offsetting bettor wagers provided that:</text>
    <paragraph num="(1)">
      <text>The sports wagering licensee placing the layoff wager discloses its identity to the sports wagering licensee receiving the layoff wager; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The receiving sports wagering licensee agrees to accept the layoff wager after receiving notification of the identity of the sports wagering licensee placing the layoff wager.</text>
    </paragraph>
  </paragraph>
</regulation>