Section 1954.1 - Parlay Wagering on Win, Place or Show(a) The parlay is not a separate pari-mutuel 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.(b) A parlay wager is limited to Win, Place or Show which have a corresponding pool conducted on the race selected. The wager must combine at least two races but not more than six races. The races in a parlay must be in chronological order but do not need to be consecutive races or combine the same type pool.(c) A parlay wager may only be on one pool and one wagering interest per leg and can not combine wagers on races on other days.(d) Payouts included as wagers in subsequent races and the final payout to the parlay wagerer shall be broken to the nearest dime. Parlay breakage shall be reported separately and added to regular breakage at the end of the day for the purpose of taxation and distribution.(e) Parlay payouts will be included as wagers in subsequent pools by the track operator so the amount of such wagers, including their impact on the wagering odds, will be displayed. Wager totals in such pools shall be displayed in truncated fashion, to the lowest dollar.(f) Parlay wagers may be cancelled by the ticket holder, in accordance with track policy, only before the start of the first parlay leg in which a parlay selection starts. Parlay wagers not cancelled must be completed or terminated by operation of these rules in order to be entitled to a payout.(g) If a wagering interest in a parlay is scratched, which includes being declared a non-starter for wagering purposes, or if a wagering interest is designated to run for purse only in accordance with Rule 1974 of this article, or a race or pool is scratched or cancelled, the parlay shall consist of the remaining legs. The parlay terminates if there are no remaining legs.Cal. Code Regs. Tit. 4, § 1954.1
1. New section filed 2-8-95; operative 2-8-95 (Register 95, No. 6).
2. Change without regulatory effect amending subsections (a), (d), (e) and (f) filed 12-23-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 52).
3. Amendment of subsections (a) and (g) and repealer of subsection (h) filed 7-12-2011; operative 8-11-2011 (Register 2011, No. 28). Note: Authority cited: Section 19590, Business and Professions Code. Reference: Sections 19594, 19597 and 19598, Business and Professions Code.
1. New section filed 2-8-95; operative 2-8-95 (Register 95, No. 6).
2. Change without regulatory effect amending subsections (a), (d), (e) and (f) filed 12-23-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 52).
3. Amendment of subsections (a) and (g) and repealer of subsection (h) filed 7-12-2011; operative 8-11-2011 (Register 2011, No. 28).