LAC 35:XVII.13141 – Minimum Wagers and Payouts | Midpage
§ 13141
LAC 35:XVII.13141
Minimum Wagers and Payouts
LR 48:1823 (July 2022)Promulgated in accordance with R.S. 4:141, R.S. 4:142 and R.S. 4:148.State of Louisiana
A. The minimum wager to be accepted by an association on a wager based on the outcome of a historical horse race or races shall be $0.10. The minimum payout on any wager shall not be less than the amount wagered.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 4:141, R.S. 4:142 and R.S. 4:148.
Historical Note
HISTORICAL NOTE: Promulgated by the Office of the Governor, Division of Administration, Racing Commission, LR 48:1823 (July 2022).