Louisiana § RS 4:166.7 - Exotic wagering; allocation of proceeds during and for a race meeting; concurrence required
Full text of Louisiana Louisiana Civil Code § RS 4:166.7 — Exotic wagering; allocation of proceeds during and for a race meeting; concurrence required, with citation guidance and answers to common questions.
§ RS 4:166.7. Exotic wagering; allocation of proceeds during and for a race meeting; concurrence required
A. Notwithstanding any provision of this Chapter to the contrary, during and for any race meeting, the commission, with the concurrence of the association conducting the race meeting and the Horsemen's Benevolent and Protective Association, may provide that the takeout deducted from pick-three, pick-four, pick-five, pick-six, and pick (n) wagers is an amount of not less than twelve percent and not more than twenty-five percent. Absent such an agreement, the takeout shall remain at twenty-five percent.
B. For the purposes of this Part, "pick (n)" means a form of pari-mutuel wagering where "(n)" is a varying number of races exceeding three races. Bettors select the first horse in each of (n) consecutive races designated as the pick (n) by the permit holder. The sale of pick (n) tickets other than from pari-mutuel machines shall be deemed illegal and is prohibited.
Acts 2007, No. 129, §1, eff. June 25, 2007; Acts 2021, No. 437, §1, eff. June 21, 2021.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 4:166.7
What does Louisiana Civil Code § RS 4:166.7 cover?
Section RS 4:166.7 ("Exotic wagering; allocation of proceeds during and for a race meeting; concurrence required") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 4:166.7?
A common citation format is "Louisiana Civil Code § RS 4:166.7" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 4:166.7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.