Sec. 3.12. Pari-mutuel system of wagering.
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/il/chapter-230/act-5/3-12A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 3.12. Pari-mutuel system of wagering. "Pari-mutuel system of wagering" means a form of wagering on the outcome of horse races in which wagers are made in various denominations on a horse or horses and all wagers for each race are pooled and held by a licensee for distribution in a manner approved by the Board. "Pari-mutuel system of wagering" shall not include wagering on historic races. Wagers may be placed via any method or at any location authorized under this Act.