Oregon Administrative Rules › Chapter 177 - OREGON STATE LOTTERY › Division 93 - DRAFTKINGS SPORTSBOOK › Section 177-093-0005 - Definitions

Current through Register Vol. 63, No. 7, July 1, 2024
Unless the context indicates otherwise, the following terms are
				defined for use in OAR chapter 177, division 093:
(1) "Bet" or "wager" means the amount of
			 money paid by a player for a share and risked on a particular outcome of a
			 sporting event or occurrence within or related to a sporting event. A bet may
			 be one of a variety of types including, but not limited to, moneyline, spread,
			 total, or parlay. Available bets are determined by the Lottery and displayed to
			 players within the mobile app or site.
(2) "Bonus" has the meaning given in OAR
			 177-046-0015.
(3) "Confirmed" means
			 a bet was placed by a player, the Lottery accepted the bet, the bet amount was
			 successfully debited from the player balance, the bet was recorded by the
			 Lottery, and the player received a bet identification number or similar
			 confirmation number.
(4) "Decimal
			 odds" means a way of representing the amount returned on a winning wager using
			 a baseline of $1, including the return of the amount wagered. For example, a $1
			 wager with 1.50 odds returns $1.50 including the original wager and a $1 wager
			 with 4.25 odds returns $4.25 including the original wager.
(5) "Digitally" has the meaning given in OAR
			 177-046-0015.
(6) "DraftKings"
			 means DraftKings Inc, a Delaware corporation, and its affiliates, which are
			 those legal entities that control, are controlled by, or are under common
			 control with DraftKings Inc., where "control" means the possession of the power
			 to direct or cause the direction of the management or policies of such legal
			 entity, whether through the ownership of voting securities, by reason of
			 management authority, by contract, or otherwise. Without limiting the
			 foregoing, Crown OR Gaming LLC, is the affiliate of DraftKings who is a service
			 provider to the Oregon State Lottery that assists in offering the DraftKings
			 Sportsbook.
(7) "DraftKings
			 Sportsbook" means the DraftKings Sportsbook Official Provider of the Oregon
			 Lottery, the sports betting game of chance authorized by the Oregon State
			 Lottery Commission and offered and operated by the Oregon State Lottery in
			 which eligible players purchase shares to risk on the outcome of sporting
			 events for a chance to win a prize.
(8) "Duplicative bet" or "identical bet"
			 means a wager placed on the same outcome of the same event with the same odds
			 as a wager previously placed by a player.
(9) "Eligible player" means a person who is
			 eligible to play sports betting games pursuant to OAR 177-093-0015.
(10) "Funds balance" has the meaning given in
			 OAR 177-046-0015.
(11) "Governing
			 body" means a recognized organization that has regulatory or sanctioning
			 authority or control over a particular sport.
(12) "In-game rules" means the DraftKings
			 General Betting Rules and the DraftKings Sports Rules that describe general
			 sports betting and market and sport-specific rules and information. The
			 "in-game rules" are available to players on the mobile app or site and are
			 incorporated into the terms of use. Such in-game rules, as amended from time to
			 time, govern the players and the sports betting games offered on the mobile app
			 or site.
(13) "Mobile app" has the
			 meaning given in OAR 177-046-0015.
(14) "Official event results" means the
			 results of a sporting event that the Lottery determines will be used to
			 determine winning bets as described in OAR 177-093-0030.
(15) "Payout" means the prize that may be
			 received by a player for a winning bet.
(16) "Player account" has the meaning given
			 in OAR 177-046-0015.
(17) "Player
			 balance" has the meaning given in OAR 177-046-0015.
(18) "Prize" has the meaning given in OAR
			 177-010-0003.
(19) "Share" has the
			 meaning given in OAR 177-010-0003.
(20) "Site" has the meaning given in OAR
			 177-046-0015.
(21) "Sporting event"
			 means a game, match, race, or similar competitive event associated with a
			 governing body in its entirety or a particular event or occurrence within or
			 related to the game, match, race, or similar competitive event such as, but not
			 limited to, a particular play or score.
(22) "Sports betting game" has the meaning
			 given in ORS
			 461.010.
(23) "Terms and conditions" has the meaning
			 given in OAR 177-046-0015.
(24)
			 "Terms of use" has the meaning given in OAR 177-046-0015.
Statutory/Other Authority: Or Const, Art XV, § 4(4)(a),
				  ORS
				  461.120,
				  461.130,
				  461.150,
				  461.210,
				  461.220,
				  461.230,
				  461.240,
				  461.250,
				  461.260,
				  461.400,
				  461.440,
				  461.560,
				  461.600,
				  461.715  & 461.719
Statutes/Other Implemented: Or Const, Art XV, § 4(4),
				  ORS
				  461.010,
				  ORS
				  461.200, Or
				  Laws 2019, ch 355, §§ 42-45a, ORS
				  461.120,
				  461.130,
				  461.150,
				  461.210,
				  461.220,
				  461.230,
				  461.240,
				  461.250,
				  461.260,
				  461.400,
				  461.440,
				  461.560,
				  461.600,
				  461.715  & 461.719