Louisiana Statutes
§ 27:611 — Layoff bets
Louisiana·Title 27 Louisiana Legislature
§611. Layoff bets
An operator may seek to reduce its risk exposure on a sports event by placing a wager
with another book. An operator may accept wagers placed by other operators. An operator
may place wagers only with other operators. The operator that places a wager shall inform
the book accepting the wager that the wager is being placed by a book and shall disclose the
book's identity.
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Legislative History
Acts 2021, No. 440, §1, eff. July 1, 2021.
Nearby Sections
15
§ 27:601
Title and citation; privilege§ 27:602
Definitions§ 27:608
Limitations on wagering§ 27:61
Obligations of licensees§ 27:611
Layoff bets§ 27:621
Sports wagering license fee