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La. Rev. Stat. § 27:611

Layoff bets

Louisiana · Louisiana Revised Statutes Title 27 — Louisiana Gaming Control · Status: effective

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La. Rev. Stat. § 27:611, Layoff bets, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2709048
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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.