“Breakage” means the odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents ($0.10).
Cal. Bus. & Prof. Code § 19405
General Provisions and Definitions
Known as the Horse Racing Law
The act spans §§ 19400–19668 (334 sections).
Amended by Stats. 2000, Ch. 1082, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.