"Breakage" means the odd cents by which the amount payable on each dollar wagered exceeds a multiple of 10¢.
230 ILCS 5/3.02
"Breakage" means the odd cents by which the amount payable on each dollar wagered exceeds a multiple of 10¢
Known as the Illinois Horse Racing Act
The act spans §§ 230-5-1 to 230-5-9 (132 sections).
P.A. 79-1185.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.