- A. 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.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 4:141 and R.S.4:149.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Economic Development, Racing Commission, LR 26:990 (May 2000).