§216. Commissions on wagers
A. Notwithstanding any other provisions of law, commissions on wagers made at
offtrack wagering facilities shall be as follows:
(1)On win, place, and show bets, seventeen percent.
(2)On exotic wagers involving the selection of two horses, twenty and one-half
percent.
(3)On exotic wagers involving the selection of three or more horses, twenty-five
percent.
(4)In addition to the commission provided above, the offtrack wagering facility
where the wager is made is entitled to retain the breakage on such wagers, which is
understood to be the amount of money remaining after paying off bettors.
B. Commissions shall be deducted and retained by the licensee of the offtrack
wagering facility where the wager is made.
C.
(1)From such commissions, and except when the pri
Free access — add to your briefcase to read the full text and ask questions with AI
§216. Commissions on wagers
A. Notwithstanding any other provisions of law, commissions on wagers made at
offtrack wagering facilities shall be as follows:
(1) On win, place, and show bets, seventeen percent.
(2) On exotic wagers involving the selection of two horses, twenty and one-half
percent.
(3) On exotic wagers involving the selection of three or more horses, twenty-five
percent.
(4) In addition to the commission provided above, the offtrack wagering facility
where the wager is made is entitled to retain the breakage on such wagers, which is
understood to be the amount of money remaining after paying off bettors.
B. Commissions shall be deducted and retained by the licensee of the offtrack
wagering facility where the wager is made.
C.(1) From such commissions, and except when the primary licensee is conducting
offtrack wagering at its racing facility, on all wagers made at an offtrack wagering facility,
the following amounts thereof shall be used for disbursement by the licensee to supplement
horsemen's purses in accordance with the provisions of R.S. 4:217:
(a) When the total of all daily wagers at an offtrack wagering facility is less than
fifteen thousand dollars, five and one-half percent of such wagers.
(b) When the total of all daily wagers at an offtrack wagering facility is fifteen
thousand dollars or more but less than twenty-five thousand dollars, eight hundred
twenty-five dollars plus six percent of all such wagers in excess of fifteen thousand dollars.
(c) When the total of all daily wagers at an offtrack wagering facility is twenty-five
thousand dollars or more, one thousand four hundred twenty-five dollars plus six and
one-half percent of all such wagers in excess of twenty-five thousand dollars.
(2) When the primary licensee is conducting offtrack wagering at its racing facility,
from such commissions, six and one-half percent of all daily wagers made at the facility shall
be used for disbursement by the licensee to supplement horsemen's purses in accordance with
the provisions of R.S. 4:217.
(3) When daily wagers at the offtrack wagering facility are placed on racing events
from more than one host track, the total daily monies designated for horsemen's purses under
this Subsection shall be distributed pro rata to each host track based on monies wagered at
that offtrack wagering facility on racing events from host tracks on that day.
(4) In addition to the commissions provided for in Paragraphs (1) and (2) of this
Subsection, on exotic wagers on two or more horses placed at offtrack facilities, the licensee
shall disburse an amount equal to one and one-half percent of the amount so wagered to be
used to supplement horsemen's purses in accordance with the provisions of R.S. 4:217.
(5) Notwithstanding the provisions of Paragraphs (1), (2), and (4) of this Subsection,
when an offtrack wagering facility has not conducted pari-mutuel wagering at its facility
prior to July 1, 1991, and for a twenty-four month period commencing the first day on which
pari-mutuel wagering is conducted at that facility, from such commissions, five and one-half
percent of all daily wagers made at the facility shall be used for disbursement by the licensee
to supplement horsemen's purses in accordance with the provisions of R.S. 4:217. After the
twenty-four month period has expired, purse supplements shall be calculated according to
the provisions of Paragraphs (1), (2), and (4) of this Subsection.
D. Any fees authorized pursuant to R.S. 4:218 shall be collected from the
commissions authorized in this Section.
E. Notwithstanding, and in lieu of, any other provisions of law, historical horse races
and wagers thereon shall be subject to the following provisions:
(1) Commissions on wagers on historical horse races made at offtrack wagering
facilities shall not exceed twelve percent of all wagers and shall be set by the licensee and
approved by the commission. The offtrack wagering facility where the wager is made may
either retain the breakage on such wagers or include the breakage in the applicable historical
horse racing pari-mutuel pool or pools. Commissions shall be deducted and retained by the
licensee of the offtrack wagering facility where the wager is made.
(2) The licensee shall disburse twenty percent of the net commission to supplement
horsemen's purses in accordance with the provisions of R.S. 4:217(E).
(3) R.S. 4:149.3, 149.5, 161, 161.1, 161.2, 162, 163.1, 165, 166, 166.1 through
166.7, 167, 177, 183, 218, and 220 shall not apply to historical racing or the licensee with
respect to historical racing.