PART 319 PARLAY : Sections Listing

TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE B: HORSE RACING
CHAPTER I: ILLINOIS RACING BOARD
SUBCHAPTER a: GENERAL RULES
PART 319 PARLAY

AUTHORITY: Authorized by Section 9(b) of the Illinois Horse Racing Act of 1975 [230 ILCS 5/9(b)].

SOURCE: Adopted at 29 Ill. Reg. 14029, effective September 1, 2005.

 

Section 319.10  Definition

 

The Parlay is a series of wagers on one particular program combining betting in win, place, or show pools (when such pools are offered in corresponding races).  The wager shall combine at least 2 races (or legs) and have a maximum of 6 races.  The parlay shall not combine bets in the same race.  The series of wagers shall be bet on races in chronological order but not necessarily on consecutive contests.  The Parlay is not a separate pari-mutuel pool.

 

Section 319.20  Pool Distribution

 

a)         The initial bet constitutes the wager on the 1st leg.  If successful, the payoff from the 1st leg is then bet on the 2nd leg.  If successful again and the parlay has at least 3 legs, the payoff is then bet on the 3rd leg.  This continues through a possible 6 legs.

 

b)         Parlay amounts shall be included in appropriate pools as soon as possible so amounts of those wagers will be reflected in pools displayed to the public.  Parlay wager totals shall be displayed to the lowest dollar.

 

Section 319.30  Dead Heats

 

In case of a dead heat for win, place, or show in a particular Parlay leg, 11 Ill. Adm. Code 301 (Win, Place and Show Pools) shall apply for those pools.

 

Section 319.40  Scratches

 

If any race or pool is cancelled, or a betting interest is scratched, the Parlay wager shall consist of the remaining leg or legs.  The Parlay shall terminate when no legs remain in the wager.

 

Section 319.50  Cancellations

 

Parlay wagers may be cancelled in accordance with 11 Ill. Adm. Code 433.120 prior to "stop betting" of the 1st leg of the Parlay.  After the 1st leg, a Parlay wager must be completed as required by this Part to be entitled to a payoff.  After the 1st leg, the bettor will not have the option of cashing in a Parlay wager prior to completion of all legs included in the Parlay wager.

 

Section 319.60  Entries and Fields

 

In the event any contestant in a coupled entry or field is scratched in the Parlay wager, the remaining contestants in that coupled entry or field shall remain valid betting interests.