2011 California Code
Business and Professions Code
DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400 - 22948.7]
ARTICLE 1. General Provisions and Definitions
Section 19412


CA Bus & Prof Code § 19412 (through 2012 Leg Sess) What's This?

(a) Conventional parimutuel pool means the total wagers under the parimutuel system on any horse or horses in a particular race to win, place, or show.

(b) Exotic parimutuel pool means the total wagers under the parimutuel system on the finishing position of two or more horses in a particular race, such as quinella or exacta wagers, or on horses to win two or more races, such as daily double wagers, pick six wagers, or on other wagers approved by the board.

(c) Proposition parimutuel pool means the total wagers under the parimutuel system on propositions approved by the board that are based on the results of a live quarter horse or harness horse race or races.

(Amended by Stats. 2005, Ch. 119, Sec. 1. Effective July 25, 2005.)

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