LEGISLATIVE COUNSEL'S DIGEST


AB 58, as introduced, Jeffries. Sports betting pools.
Existing law makes it either a misdemeanor or a felony, punishable
by imprisonment in either a county jail or in the state prison, for
a person, whether or not for gain, hire, or reward, to make a betting
pool or place a bet or wager on the result of any contest or event,
including a sporting event, as specified.
This bill would create an exception to that provision, making it
an infraction, punishable by a fine not to exceed $250, for a person,
not for gain, hire, or reward, other than that at stake under
conditions available to every participant, to participate in a bet,
wager, or betting pool with another person or group of persons who
are not acting for gain, hire, or reward other than that at stake
under conditions available to every participant, on the result of any
contest or event, including a sporting event, as specified. This
exception would not apply to any bet, bets, wager, wagers, or betting
pool or pools made online or to betting pools with more than $2,500
at stake.