La. Admin. Code tit. 35 § XIII-11901
Current through Register Vol. 50, No. 8, August 20, 2024
Section XIII-11901 - Series of WagersA. The parlay is not a separate mutual pool, it is a series of wagers (consisting of legs) combining wagering entries in win, place or show pools. The initial amount wagered constitutes the wager on the first leg, and if successful, the payout from the first leg constitutes the wager on the second leg, etc.La. Admin. Code tit. 35, § XIII-11901
Promulgated by the Department of Economic Development, Racing Commission, LR 26:990 (May 2000).AUTHORITY NOTE: Promulgated in accordance with R.S. 4:141 and R.S.4:149.