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Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0480 - Place Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The amounts
			 wagered to Place on the first two betting interests to finish are deducted from
			 the net pool, the balance remaining being the profit; the profit is divided
			 into two equal portions, one being assigned to each winning betting interest
			 and divided by the amount wagered to Place on that betting interest, the
			 resulting quotient is the profit per dollar wagered to Place on that betting
			 interest.
(2) The net Place pool
			 shall be distributed to winning wagers in the following precedence, based upon
			 the official order of finish:
(a) If
			 contestants of a coupled entry or mutuel field finished in the first two
			 places, as a single price pool to those who selected the coupled entry or
			 mutuel field; otherwise
(b) As a
			 profit split to those whose selection is included within the first two
			 finishers; but if there are no such wagers on one of those two finishers;
			 then
(c) As a single price pool to
			 those who selected the one covered betting interest included within the first
			 two finishers; but if there are no such wagers; then
(d) As a single price pool to those who
			 selected the third-place finisher; but if there are no such wagers;
			 then
(e) The entire pool shall be
			 refunded on Place wagers for that contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0490 - Show Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The amounts
			 wagered to Show on the first three betting interests to finish are deducted
			 from the net pool, the balance remaining being the profit; the profit is
			 divided into three equal portions, one being assigned to each winning betting
			 interest and divided by the amount wagered to Show on that betting interest,
			 the resulting quotient being the profit per dollar wagered to Show on that
			 betting interest.
(2) The net Show
			 pool shall be distributed to winning wagers in the following precedence, based
			 upon the official order of finish:
(a) If
			 contestants of a coupled entry or mutuel field finished in the first three
			 places, as a single price pool to those who selected the coupled entry or
			 mutuel field; otherwise
(b) If
			 contestants of a coupled entry or mutuel field finished as two of the first
			 three finishers, the profit is divided with two-thirds (2/3) distributed to
			 those who selected the coupled entry or mutuel field and one-third (1/3)
			 distributed to those who selected the other betting interest included within
			 the first three finishers; otherwise
(c) As a profit split to those whose
			 selection is included within the first three finishers; but if there are no
			 such wagers on one of those three finishers; then
(d) As a profit split to those who selected
			 one of the two covered betting interests included within the first three
			 finishers; but if there are no such wagers on two of those three finishers,
			 then
(e) As a single price pool to
			 those who selected the one covered betting interest included within the first
			 three finishers; but if there are no such wagers; then
(f) As a single price pool to those who
			 selected the fourth-place finisher; but if there are no such wagers;
			 then
(g) The entire pool shall be
			 refunded on Show wagers for that contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0510 - Pick Three Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Pick Three requires selection of the first-place finisher in each of three
			 specified contests.
(2) The net
			 Pick Three pool shall be distributed to winning wagers in the following
			 precedence, based upon the official order of finish:
(a) As a single price pool to those whose
			 selection finished first in each of the three contests; but if there are no
			 such wagers; then
(b) As a single
			 price pool to those who selected the first-place finisher in any two of the
			 three contests; but if there are no such wagers; then
(c) As a single price pool to those who
			 selected the first-place finisher in any one of the three contests; but if
			 there are no such wagers; then
(d)
			 The entire pool shall be refunded on Pick Three wagers for those
			 contests.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0530 - Quinella Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Quinella
			 requires selection of the first two finishers, irrespective of order, for a
			 single contest.
(2) The net
			 Quinella pool shall be distributed to winning wagers in the following
			 precedence, based upon the official order of finish:
(a) If contestants of a coupled entry or
			 mutuel field finish as the first two finishers, as a single price pool to those
			 selecting the coupled entry or mutuel field combined with the next separate
			 betting interest in the official order of finish; otherwise
(b) As a single price pool to those whose
			 combination finished as the first two betting interests; but if there are no
			 such wagers; then
(c) As a profit
			 split to those whose combination included either the first or second-place
			 finisher; but if there are no such wagers on one of the those two finishers;
			 then
(d) As a single price pool to
			 those whose combination included the one covered betting interest included
			 within the first two finishers; but if there are no such wagers; then
(e) The entire pool shall be refunded on
			 Quinella wagers for that contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0540 - Quinella Double Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Quinella Double requires selection of the first two finishers, irrespective of
			 order, in each of two specified contests.
(2) The net Quinella Double pool shall be
			 distributed to winning wagers in the following precedence, based upon the
			 official order of finish:
(a) If a coupled
			 entry or mutuel field finishes as the first two contestants in either contest,
			 as a single price pool to those selecting the coupled entry or mutuel field
			 combined with the next separate betting interest in the official order of
			 finish for that contest, as well as the first two finishers in the alternate
			 Quinella Double contest; otherwise
(b) As a single price pool to those who
			 selected the first two finishers in each of the two Quinella Double contests;
			 but if there are no such wagers; then
(c) As a profit split to those who selected
			 the first two finishers in either of the two Quinella Double contests; but if
			 there are no such wagers on one of those contests; then
(d) As a single price pool to those who
			 selected the first two finishers in the one covered Quinella Double contest;
			 but if there were no such wagers; then
(e) The entire pool shall be refunded on
			 Quinella Double wagers for those contests.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0550 - Exacta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Exacta
			 requires selection of the first two finishers, in their exact order, for a
			 single contest.
(2) The net Exacta
			 pool shall be distributed to winning wagers in the following precedence, based
			 upon the official order of finish:
(a) If
			 contestants of a coupled entry or mutuel field finish as the first two
			 finishers, as a single price pool to those selecting the coupled entry or
			 mutuel field combined with the next separate betting interest in the official
			 order of finish; otherwise
(b) As a
			 single price pool to those whose combination finished in correct sequence as
			 the first two betting interests; but if there are no such wagers;
			 then
(c) As a profit split to those
			 whose combination included either the first-place betting interest to finish
			 first or the second-place betting interest to finish second; but if there are
			 no such wagers on one of those two finishers; then
(d) As a single price pool to those whose
			 combination included the one covered betting interest to finish first or second
			 in the correct sequence; but if there are no such wagers; then
(e) the entire pool shall be refunded on
			 Exacta wagers for that contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0560 - Trifecta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Trifecta
			 requires selection of the first three finishers, in their exact order, for a
			 single contest.
(2) The net
			 Trifecta pool shall be distributed to winning wagers in the following
			 precedence, based upon the official order of finish:
(a) As a single price pool to those whose
			 combination finished in correct sequence as the first three betting interests;
			 but if there are no such wagers; then
(b) As a single price pool to those whose
			 combination included, in correct sequence, the first two betting interests; but
			 if there are no such wagers; then
(c) As a single price pool to those whose
			 combination correctly selected the first-place betting interest only; but if
			 there are no such wagers; then
(d)
			 The entire pool shall be refunded on Trifecta wagers for that
			 contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0570 - Superfecta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Superfecta
			 requires selection of the first four finishers, in their exact order, for a
			 single contest.
(2) The net
			 Superfecta pool shall be distributed to winning wagers in the following
			 precedence, based upon the official order of finish:
(a) As a single price pool to those whose
			 combination finished in correct sequence as the first four betting interests;
			 but if there are no such wagers; then
(b) As a single price pool to those whose
			 combination included, in correct sequence, the first three betting interests;
			 but if there are no such wagers; then
(c) As a single price pool to those whose
			 combination included, in correct sequence, the first two betting interests; but
			 if there are no such wagers; then
(d) As a single price pool to those whose
			 combination correctly selected the first-place betting interest only; but if
			 there are no such wagers; then
(e)
			 The entire pool shall be refunded on Superfecta wagers for that
			 contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0580 - Twin Quinella Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Twin Quinella requires selection of the first two finishers, irrespective of
			 order, in each of two designated contests. Each winning ticket for the first
			 Twin Quinella contest must be exchanged for a free ticket on the second Twin
			 Quinella contest in order to remain eligible for the second-half Twin Quinella
			 pool. Such tickets may be exchanged only at attended ticket windows prior to
			 the second Twin Quinella contest. There will be no monetary reward for winning
			 the first Twin Quinella contest. Both of the designated Twin Quinella contests
			 shall be included in only one Twin Quinella pool.
(2) In the first Twin Quinella contest only,
			 winning wagers shall be determined using the following precedence, based upon
			 the official order of finish for the first Twin Quinella contest:
(a) If a coupled entry or mutuel field
			 finishes as the first two finishers, those who selected the coupled entry or
			 mutuel field combined with the next separate betting interest in the official
			 order of finish shall be winners; otherwise;
(b) Those whose combination finished as the
			 first two betting interests shall be winners; but if there are no such wagers;
			 then
(c) Those whose combination
			 included either the first- or second-place finisher shall be winners; but if
			 there are no such wagers on one of those two finishers; then
(d) Those whose combination included the one
			 covered betting interest included within the first two finishers shall be
			 winners; but if there are no such wagers; then
(e) The entire pool shall be refunded on Twin
			 Quinella wagers for that contest.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0590 - Twin Trifecta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Twin Trifecta requires selection of the first three finishers, in their exact
			 order, in each of two designated contests. Each winning ticket for the first
			 Twin Trifecta contest must be exchanged for a free ticket on the second Twin
			 Trifecta contest in order to remain eligible for the second-half Twin Trifecta
			 pool. Such tickets may be exchanged only at attended ticket windows prior to
			 the second Twin Trifecta contest. Winning first half Twin Trifecta wagers will
			 receive both an exchange and a monetary payoff. Both of the designated Twin
			 Trifecta contests shall be included in only one Twin Trifecta pool.
(2) After wagering closes for the first half
			 of the Twin Trifecta and commissions have been deducted from the pool, the net
			 pool shall then be divided into separate pools: the first half Twin Trifecta
			 pool and the second-half Twin Trifecta pool.
(3) In the first Twin Trifecta contest only,
			 winning wagers shall be determined using the following precedence, based upon
			 the official order of finish for the first Twin Trifecta contest:
(a) As a single price pool to those whose
			 combination finished in correct sequence as the first three betting interests;
			 but if there are no such wagers; then
(b) As a single price pool to those whose
			 combination included, in correct sequence, the first two betting interests; but
			 if there are no such wagers; then
(c) As a single price pool to those whose
			 combination correctly selected the first-place betting interest only; but if
			 there are no such wagers; then
(d)
			 The entire Twin Trifecta pool shall be refunded on Twin Trifecta wagers for
			 that contest and the second-half shall be cancelled.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0600 - Tri-Superfecta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Tri-Superfecta requires selection of the first three finishers, in their exact
			 order, in the first of two designated contests and the first four finishers, in
			 exact order, in the second of the two designated contests. Each winning ticket
			 for the first Tri-Superfecta contest must be exchanged for a free ticket on the
			 second Tri-Superfecta contest in order to remain eligible for the second-half
			 Tri-Superfecta pool. Such tickets may be exchanged only at attended ticket
			 windows prior to the second Tri-Superfecta contest. Winning first half
			 Tri-Superfecta tickets will receive both an exchange and a monetary payoff.
			 Both of the designated Tri-Superfecta contests shall be included in only one
			 Tri-Superfecta pool.
(2) After
			 wagering closes for the first half of the Tri-Superfecta and commissions have
			 been deducted from the pool, the net pool shall then be divided into two
			 separate pools: the first half Tri-Superfecta pool and the second-half
			 Tri-Superfecta pool.
(3) In the
			 first Tri-Superfecta contest only, winning tickets shall be determined using
			 the following precedence, based upon the official order of finish for the first
			 Tri-Superfecta contest:
(a) As a single price
			 pool to those whose combination finished in correct sequence as the first three
			 betting interests; but if there are no such wagers; then
(b) As a single price pool to those whose
			 combination included, in correct sequence, the first two betting interests; but
			 if there are no such wagers; then
(c) As a single price pool to those whose
			 combination correctly selected the first-place betting interest only; but if
			 there are no such wagers; then
(d)
			 The entire Tri-Superfecta pool shall be refunded on Tri-Superfecta wagers for
			 that contest and the second-half shall be cancelled.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0610 - Twin Superfecta Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 Twin Superfecta requires selection of the first four finishers, in their exact
			 order, in each of two designated contests. Each winning ticket for the first
			 Twin Superfecta contest must be exchanged for a free ticket on the second Twin
			 Superfecta contest in order to remain eligible for the second-half Twin
			 Superfecta pool. Such tickets may be exchanged only at attended ticket windows
			 prior to the second Twin Superfecta contest. Winning first half Twin Superfecta
			 tickets will receive both an exchange and a monetary payoff. Both of the
			 designated Twin Superfecta contests shall be included in only one Twin
			 Superfecta pool.
(2) After wagering
			 closes for the first half of the Twin Superfecta and commissions have been
			 deducted from the pool, the net pool shall then be divided into two separate
			 pools: the first half Twin Superfecta pool and the second-half Twin Superfecta
			 pool.
(3) In the first Twin
			 Superfecta contest only, winning wagers shall be determined using the following
			 precedence, based upon the official order of finish for the first Twin
			 Superfecta contest:
(a) As a single price
			 pool to those whose combination finished in correct sequence as the first four
			 betting interests; but if there are no such wagers; then
(b) As a single price pool to those whose
			 combination included, in correct sequence, the first three betting interests;
			 but if there are no such wagers; then
(c) As a single price pool to those whose
			 combination included, in correct sequence, the first two betting interests; but
			 if there are no such wagers; then
(d) As a single price pool to those whose
			 combination correctly selected the first-place betting interest only; but if
			 there are no such wagers; then
(e)
			 The entire Twin Superfecta pool shall be refunded on Twin Superfecta wagers for
			 that contest and the second-half shall be cancelled.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0635 - Show Pick N with Unique Ticket Jackpot

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Show Pick N with Unique Ticket
			 Jackpot (hereinafter "Jackpot") is a multi race mutuel wager consisting of a
			 minimum of five (5) Jackpot races. Contests selected may include races from
			 multiple race tracks. The official order of finish as posted shall determine
			 the race outcome for purposes of this wager. The licensee offering the wager
			 must obtain written approval from the Commission concerning the scheduling of
			 Jackpot contests. Any changes to the approved Jackpot format require prior
			 approval from the Commission.
(2)
			 Wagers placed on the Jackpot shall be placed into two separate pools.
(a) Major Pool. The major pool shall receive
			 80% of the total amount wagered, subject to applicable takeout. The major pool
			 shall be distributed to those selecting the first, second or third place
			 finisher in all of the Jackpot contests (Show Pick All). There is no carryover
			 for the major pool. If there are no tickets correctly selecting a first, second
			 or third place finisher in all of the Jackpot contests, the pool shall be
			 distributed to those who selected a first, second or third place finisher in
			 the greatest number of contests.
(b) Minor Pool. The minor pool shall receive
			 20% of the total amount wagered, subject to allowable takeout. The minor pool
			 shall be distributed to the holder of a "Unique" ticket that selected the first
			 place finisher in all of the Jackpot races. A "Unique" winning ticket shall
			 exist when the total amount wagered on a winning combination selecting the
			 first place finisher in each of the selected Jackpot races is equal to the
			 minimum allowable wager. (e.g. 20 cents if the base wager is $1.00) If there is
			 not a "Unique" ticket for the minor pool, the net amount in the pool shall be
			 added (carried over) to the minor pool offered at the next scheduled Jackpot
			 event. A single ticket holder possessing multiple winning tickets, even if they
			 are the only winning tickets, will not be deemed to have a "Unique" ticket and
			 the Jackpot shall carryover as prescribed in these rules.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0640 - 1-2-3 Pick N Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 1-2-3 Pick N requires the selection of the first, second or third-place
			 finisher in any order, in each of a designated number of contests, which may or
			 may not run consecutively, and may involve contests at multiple tracks as
			 officially posted. One "point" will be awarded for each successful selection in
			 each of the designated contests. The race meet licensee must obtain written
			 approval from the commission concerning the scheduling of 1-2-3 Pick N
			 contests, the designation of one of the methods prescribed in Part (3), the
			 distinctive name identifying the pool and the amount of any cap to be set on
			 the carryover. Any changes to the approved 1-2-3 Pick N format require prior
			 approval from the commission.
(2)
			 Contests selected for a 1-2-3 Pick N pool shall be comprised entirely of either
			 horse races or greyhound races with a minimum of three starters, and shall not
			 contain wagering interests combined as a "mutuel entry" or "mutuel
			 field."
(3) The 1-2-3 Pick N pool
			 shall be apportioned under one of the following methods:
(a) Method 1, 1-2-3 Pick N with Carryover:
			 The net 1-2-3 Pick N pool and carryover, if any, shall be distributed as a
			 single price pool to those who amass the maximum number of points achievable in
			 the 1-2-3 Pick N contests, based upon the official order of finish. If there
			 are no such wagers, then a designated percentage of the net pool shall be
			 distributed as a single price pool to those who amass the greatest number of
			 points in the 1-2-3 Pick N contests; and the remainder shall be added to the
			 carryover.
(b) Method 2, 1-2-3 Pick
			 N with Minor Pool: The race meet licensee shall determine the number of Minor
			 Pools, with prior approval from the commission. The major share of the net
			 1-2-3 Pick N pool shall be distributed to those who amass the greatest number
			 of points in the 1-2-3 Pick N contests, based upon the official order of
			 finish. The minor share(s) of the net 1-2-3 Pick N pool shall be distributed to
			 those who amass the next greatest number of points of 1-2-3 Pick N contests,
			 based upon the official order of finish, and so on until the approved number of
			 Minor Pools has been reached.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0645 - Pick (n) Jackpot

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The Pick (n)
			 Jackpot is a type of bet encompassing four or more races, the exact number of
			 races being determined by the number substituted for (n), where, unless
			 otherwise provided, only one, unique ticket holder designates the official
			 winners in each of the Pick (n) Jackpot races.
(2) Except as provided in ¦(7) of this
			 regulation, the net pari-mutuel pool for the Pick (n) Jackpot bet that day,
			 together with any carryover from previous pools of the same type of bet, shall
			 be distributed to the holder of the one, unique pari-mutuel ticket which
			 correctly designates the official winners in each of the Pick (n) Jackpot races
			 for that day.
(3) In the event
			 there is more than one pari-mutuel ticket which correctly designates the
			 official winners in each of the Pick (n) Jackpot races for that day, the net
			 pari-mutuel pool for the Pick (n) Jackpot bets that day shall be distributed:
(a) 60%, equally, to the holders of
			 pari-mutuel tickets which correctly designate the official winners in each of
			 the Pick (n) Jackpot races for that day; and
(b) 40% to the Pick (n) Jackpot carryover
			 pool.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0660 - Racing Roulette Win Pool Rules

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Racing Roulette is a form of pari-mutuel
			 wagering and is a separate win pool from the standard win pool in every race in
			 which it is offered. Racing Roulette is a bet to win on every participant in
			 the selected group.
(2) In each
			 race, the association shall designate each runner as a member of one of three
			 groups, Betting Interest #1 also known as Red, Betting Interest #2 also known
			 as Black, or Betting Interest #3 also known as Green.
(3) In each race in which Racing Roulette is
			 offered, there shall be a win payoff for bettors selecting the group that
			 contains the winning betting interest.
(4) The identity of the members of Red,
			 Black, and Green shall be disseminated in the track program (when possible), by
			 the track announcer, on television monitors and, where applicable, internet
			 wagering websites.
(5) The minimum
			 bet for Racing Roulette is the same as the minimum bet to win.
(6) The payout for a winning Racing Roulette
			 wager shall be the same regardless of which member of the group is the race
			 winner. The probable and actual payoff for a winning bet on Red, Black, or
			 Green shall be displayed in a similar manner as the probable and actual payout
			 for a standard win bet.
(7) In the
			 event that all of the members of any group are scratched or declared
			 non-starters, Racing Roulette betting shall cease and all wagers shall be
			 refunded.
(8) In the event of a
			 dead heat to win involving two or more members of the same group, the Racing
			 Roulette win payout shall be calculated in the same manner as if there was one
			 winner of the race and such winner was a member of such group. In the event of
			 a dead heat to win involving one or more members of different groups, the
			 Racing Roulette win payout shall be determined in the same manner as the
			 calculation of the win payoff, i.e. by dividing the net pool.
(9) Should circumstances occur which are not
			 addressed by these rules, questions arising thereby shall be resolved in
			 accordance with general pari-mutuel practice. Decisions regarding Racing
			 Roulette made by the Stewards shall be final.
Stat. Auth.: ORS
				  462.270(3)
Stats. Implemented: ORS
				  462.270(3)
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0665 - Pick (n) Position (x) Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1)
			 The Pick (n) Position (x) Pool requires selection of the first (x) finishers,
			 in their exact positions, in each of a designated number of (n) contests. For
			 example, in a Four Position Pool (x = 4), the bettor chooses four finishers in
			 each contest. If the bettor has chosen "1, 2, 3 and 4", and the actual
			 finishers are "4, 2, 3 and 1", the bettor has correctly chosen 2 positions [the
			 second and third place finishers.]
(2) The licensee must obtain written approval
			 from the Commission concerning the scheduling of Pick (n) Position (x)
			 contests, the designation of one of the methods prescribed in subsection 3 and
			 6, the percentages of the net pool apportioned between the major share of the
			 Position (x) Pool and the minor share(s) of the Position (x) Pool, and the
			 amount of any cap to be set on the carryover. Any changes to the approved Pick
			 (n) Position (x) format require prior approval from the Commission.
(3) Unless otherwise stated, the major share
			 of the net Pick (n) Position (x) Pool [hereafter, "Position (x) Pool"] shall be
			 distributed as a single price pool to those who selected all (x) finishers, in
			 exact position, in a minimum specified number of positions in the (n) contests
			 (considered as a whole) that comprise the Position (x) Pool, based upon the
			 official order of finish. The minimum specified number of positions may be all
			 (x) positions in all (n) contests (for instance, four positions in each of six
			 contests, for a total of 24 positions) or a lesser specified number (for
			 instance, 22 or more accurate positions within the six contests taken as a
			 whole.)
(4) The Pick (n) Position
			 (x) Pool shall be apportioned under one of the following methods:
(a) Method 1, Position (x) With No Minor Pool
			 and No Carryover
(A) The net Position (x) Pool
			 shall be distributed in accordance with the method for distributing the major
			 share as described in subsection 2, above.
(B) If there are no wagers qualifying for the
			 major share, the net Position (x) Pool shall be distributed as a single price
			 pool to those who correctly selected finishers, in exact position, in the
			 greatest number of positions in Position (x) contests.
(C) If there are no winning wagers, the
			 entire pool shall be refunded on Position (x) wagers for those
			 contests.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 200 - PARI-MUTUEL RULES AND REGULATIONS › Section 462-200-0700

Current through Register Vol. 63, No. 7, July 1, 2024
Stat. Auth.: ORS
				  462.270(3)
Stats. Implemented: SB 1537, ORS
				  462.010,
				  462.155 &
				  462.270(3)
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 210 - ACCOUNT WAGERING › Section 462-210-0010 - Definitions

Current through Register Vol. 63, No. 7, July 1, 2024
The following definitions and interpretations shall apply to
				these rules unless otherwise indicated or text otherwise requires.
(1) "Account": An account for account
			 wagering with a specific identifiable record of deposits, wagers, and
			 withdrawals established by an account holder and managed by the advance deposit
			 wagering licensee or race meet licensee.
(2) "Account Holder": A person who
			 successfully completed an application and for whom an account has been opened.
(3) "Account Wagering": A form of
			 pari-mutuel wagering in which a person may deposit money in an account with an
			 advance deposit wagering licensee or race meet licensee and then use the
			 current balance to pay for pari-mutuel wagering.
(4) "Account Wagering Center": An actual
			 location, equipment, and staff of an advance deposit wagering licensee or race
			 meet licensee and/or agents involved in the management, servicing, and
			 operation of account wagering.
(5)
			 "Advance Deposit Wagering Licensee or ADW": Any person or entity holding a
			 currently valid license to engage in related activities as a
			 multi-jurisdictional simulcasting and interactive wagering totalizator hub as
			 defined in Oregon Administrative Rule 462-220-0010(1).
(6) "Agent": Those persons or entities with
			 the authority to accept deposits and wagers or issue a receipt or other
			 confirmation to the account holder evidencing such deposits and wagers, and
			 transfer credits and debits to and from accounts on behalf of the advance
			 deposit wagering licensee or race meet licensee.
(7) "Applicant": A person who has submitted
			 an application to establish an account with an advance deposit wagering
			 licensee or race meet licensee.
(8) "Application": The form or forms and
			 other required submissions received from an applicant with the intent of
			 opening an account.
(9) "Business
			 Day": Monday through Friday with the exception of a federal or state observed
			 holiday.
(10) "Commission": The
			 Oregon Racing Commission or any successor agency.
(11) "Confidential Information":
(a) The amount of money credited to, debited
			 from, withdrawn from, or present in any particular account holder's account;
(b) The amount of money wagered by
			 a particular account holder on any race or series of races;
(c) The account number and secure personal
			 identification code of a particular account holder;
(d) The identities of particular entries on
			 which the account holder is wagering or has wagered; and
(e) Unless otherwise authorized by the
			 account holder, the name, address, and other information in the possession of
			 the account wagering center and race meet licensee that would identify the
			 account holder to anyone other than the commission, the account wagering center
			 or the race meet licensee.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 210 - ACCOUNT WAGERING › Section 462-210-0020 - Authorization for Account Wagering

Current through Register Vol. 63, No. 7, July 1, 2024
(1)
			 An advance deposit wagering licensee or race meet licensee who is the holder of
			 or applicant for a license issued under ORS
			 462.057,
			 462.062,
			 462.067,
			 462.142 or
			 462.725 may request
			 authorization from the commission to conduct account wagering in accordance
			 with 462.142 and these rules. As part
			 of the request, the advance deposit wagering licensee or race meet licensee
			 shall submit a detailed plan of how its proposed account wagering system would
			 operate; the commission may require changes in a proposed plan of operations as
			 a condition of granting a request. No subsequent changes in the system's
			 operation may occur unless ordered by the commission or until approval is
			 obtained from the commission after it receives a written request.
(2) The commission may conduct investigations
			 or inspections or request additional information from the race meet applicant
			 or multi-jurisdictional simulcasting and interactive wagering totalizator hub
			 applicant for a license as it deems appropriate in determining whether to allow
			 account wagering.
(3) The race meet
			 licensee or multi-jurisdictional simulcasting and interactive wagering
			 totalizator hub licensee and/or their agents shall establish and manage an
			 account wagering center.
(4) The
			 making and/or acceptance of wagers over the communications facility known as
			 the "Internet" is not authorized with the exception of the Multi-Jurisdictional
			 Totalizator Wagering Hubs as authorized in ORS
			 462.725. However, nothing herein
			 precludes the transmission of handicapping data, race results or other
			 information relating to pari-mutuel racing over the communications facility
			 known as the "Internet."
Stat. Auth.: ORS
				  462.270(3)
				  & 462.700
Stats. Implemented: ORS
				  462.142
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 210 - ACCOUNT WAGERING › Section 462-210-0030 - Establishing An Account

Current through Register Vol. 63, No. 7, July 1, 2024
(1) An
			 established account is necessary to place account wagers. An account may be
			 established at either an account wagering center or in-person at commercial
			 race meet licensee facilities.
(a) For
			 establishing the account with an account wagering center an application form
			 must be signed or otherwise authorized in a manner acceptable to the commission
			 and include:
(A) The applicant's full legal
			 name;
(B) Principal residence
			 address;
(C) Telephone number;
			 and
(D) Any other information
			 required by the commission.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 210 - ACCOUNT WAGERING › Section 462-210-0040 - Operation of an Account

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The licensee
			 must submit a plan of operation for all new or modified funding sources,
			 technologies, and/or reporting, including a plan of implementation and audit
			 plan, to the Oregon Racing Commission for possible approval.
(2) The account wagering center may refuse
			 deposits to an account for what it deems good and sufficient reason.
(3) The account wagering center may suspend
			 any account or close any account at any time provided that when an account is
			 closed, the account wagering center shall, within five business days, return to
			 the account holder all monies then on deposit by sending a check to the
			 principal residence address as listed on the application.
(4) Credits to an account after the initial
			 establishment of the account may be made as follows:
(a) Deposits to an account by an account
			 holder shall be made in the following forms:
(A) Cash deposit made at an approved outlet,
			 or other deposit mechanisms as approved by the commission; or
(B) Check, money order or negotiable order of
			 withdrawal given or sent to an account wagering center; or
(C) Charges made to an account holder's
			 credit card or debit card upon the direct and personal instruction of the
			 account holder, which may be given by telephone to the account wagering center
			 by the account holder if the use of the card has been approved by the account
			 wagering center; or
(D) Transfer by
			 means of an electronic funds transfer from a monetary account controlled by an
			 account holder to his/her account, said account holder to be liable for any
			 charges imposed by the transmitting or receiving entity with such charges to be
			 deducted from the account.
(E)
			 Funds so deposited will be made available for wagering use in accordance with
			 financial institution funds availability schedules.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0010 - Definitions

Current through Register Vol. 63, No. 7, July 1, 2024
(1) A
			 multi-jurisdictional simulcasting and interactive wagering totalizator hub is a
			 business that, through a qualified subscriber based service, conducts
			 pari-mutuel wagering on the races that it simulcasts and other races that it
			 carries in its wagering menu. The term "advance deposit wagering licensee" or
			 "hub" will be used in these rules to refer to the multi-jurisdictional
			 simulcasting and interactive wagering totalizator hub.
(2) The terms "qualified subscriber based
			 service" and "closed-loop subscriber based system" shall mean any information
			 service or system that uses:
(a) A device or
			 combination of devices authorized and operated for placing, receiving, or
			 otherwise making a wager and by which a person must subscribe in order to be
			 able to place, receive, or otherwise make a bet or wager;
(b) An effective customer verification and
			 age verification system; and
(c)
			 Appropriate data security standards to prevent unauthorized access by any
			 person who has not subscribed or who is a minor.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0020 - Account Wagering Rules Apply

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The account
			 wagering rules as set-forth in OAR 462-210-0010  through 462-210-0040  shall
			 apply to the establishing and to the operation of an account for residents of
			 the state of Oregon by the hub operator or its agents unless expressly noted
			 otherwise in these rules.
(2)
			 Notwithstanding OAR 462-210-0030(5)  accounts can be established and operated
			 for people whose principal residence is outside of the State of Oregon
			 including residents of foreign jurisdictions if:
(a) Wagering on that same type of live racing
			 is lawful in the jurisdiction which is the natural person's principal
			 residence, or the hub utilizes geo-location technology or methodology that has
			 been approved by the commission, that confirms wagers are placed from
			 jurisdictions where wagering is legal; and
(b) The hub complies with the provisions of
			 the Interstate Horseracing Act,  15 U.S.C. §
										3001 to  3007.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0030 - Approval of the License for a Hub Operation

Current through Register Vol. 63, No. 7, July 1, 2024
(1)
			 Prior to operating a hub, the entity must submit a completed application on
			 commission provided forms to: Oregon Racing Commission, P.O. Box 366, Gresham,
			 OR 97030; or fax the application to: (971) 673-0213; or email the application
			 to: orc.info@orc.oregon.gov for a license, and be granted a license, from the
			 commission, to conduct simulcasting and pari-mutuel wagering in accordance with
			 ORS 462.725 and these rules as a "Multi-Jurisdictional Simulcasting and
			 Interactive Wagering Totalizator Hub."
(a) A
			 license may range from one to five years in length and the length should be so
			 noted in the application submitted.
(b) The current, daily licensing fee is to be
			 remitted no later than June 30th preceding the July 1 start of each year
			 licensing has been granted or is being requested. Upon request from a hub
			 entity the executive director shall permit the hub entity to make semiannual or
			 quarterly payments of the daily licensing fee with the first payment due no
			 later than June 30.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0040 - State of Oregon Share of the Pari-Mutuel Handle

Current through Register Vol. 63, No. 7, July 1, 2024
In addition to the licensing fee set forth in OAR
				462-220-0030(6), the hub operator shall pay to the Oregon Racing Commission the
				payments authorized by ORS 462.725(4)(b) on all gross mutuel wagering receipts
				recorded by the hub's totalizator system during the license period. The
				payments shall be made as follows:
(1)
			 Payments shall be made each month based on the gross mutuel wagering receipts
			 for that month.
(2) Payments shall
			 be made in a timely manner as prescribed by the executive director of the
			 commission.
(3) Payments shall be
			 calculated according to one of the following formulas as elected by the hub
			 operator in the manner specified in section (6):
(a) Payment of 0.125% of the first 60 million
			 dollars in gross mutuel wagering receipts during the license period and 0.25%
			 of the gross mutuel wagering receipts in excess of 60 million dollars during
			 that period; or
(b) Payment of
			 0.25% of gross mutuel wagering receipts, except that, if the hub operator
			 conducts business in a state where hubs are specifically authorized and the tax
			 rate is less than 0.25%, the tax rate for wagers by the residents of such state
			 would be that of the state in which they reside. This exception is limited to a
			 single state designated by the hub operator in the manner specified in section
			 (7).
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0050 - Total Take-out Rates for Non-Merged Pools

Current through Register Vol. 63, No. 7, July 1, 2024
(1) A Hub operator may include a provision
			 for hosting non-merged pools as part of their operating plan or update to the
			 plan. Subject to approval by the Commission, the Hub operator shall:
(a) As part of the operating plan or update
			 to the plan, set the total take-out rate for those wagering pools which are not
			 merged with the wagering pools of the race track where the race is being run
			 live; and
(b) Pay a 1% fee to the
			 Commission for all hosted non-merged wagers excluding wagers placed through the
			 Hub operator's own ADW system which will be taxed under the formulas set out in
			 OAR 462-220-0040.
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0060 - Where the Wager is Considered to Have Been Made

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Any wager that is made from an account
			 maintained by the hub operator is considered to have been made in the State of
			 Oregon.
(2) Account holders may
			 communicate instructions concerning account wagers to the hub in person, by
			 mail, telephone, or electronic means. Computer assisted wagers are permitted
			 only if there is human intervention in the wagering process. By way of example
			 and not limitation, permissible human intervention includes a natural person
			 making the final decision regarding whether or not a wager formulated by a
			 computer should be submitted. A computer assisted wager means a wager placed by
			 an account holder with respect to which all of the following occur: the tote
			 information relating to the race on which the wager is placed is received by
			 the account holder's computer in electronic format indirectly through an
			 interface provided by a hub; the account holder utilizes a computer to
			 formulate, or assist in formulating, the wager using the electronic tote
			 information; and the account holder submits the wager through an electronic
			 interface provided by a hub.
Stat. Auth.: ORS
				  462.270(3)
				  & 462.725
Stats. Implemented: ORS
				  462.725
Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0070 - Powers of the Commission to Review and Audit Records; Reporting Requirements

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 commission, or its staff, will be given unrestricted access, for review and
			 audit, to all records and financial information of the hub operator, including
			 all account information. This information will be made available to the
			 commission or commission staff, by the hub operator, at the hub location, upon
			 notice from the commission or commission staff, at all reasonable times to the
			 extent such disclosure is not expressly prohibited by law. Commission access to
			 and use of information concerning wager transactions and account wagering
			 customers shall be considered proprietary and shall not be disclosed publicly
			 except as may be required by law. This shall not prevent the sharing of this
			 information for investigative purposes.
(2) The following reports shall be submitted
			 to the Commission:
(a) Wagering Center
			 Closure: A report signed by the hub's managing employee must be filed with the
			 commission within forty-eight (48) hours whenever the account wagering center
			 is closed during normal operating hours;
(b) Transmission Failure: A report signed by
			 the hub's managing employee must be filed with the commission within
			 forty-eight (48) hours whenever wagers are not transmitted to, received by, or
			 otherwise accepted by a racetrack for any reason. The financial implication of
			 such failure should be detailed in this report;
(c) Irregularities or wrong doings: All
			 licensees shall report any known or suspected rules violations by any person
			 involving account wagering immediately to the commission and cooperate in
			 subsequent investigations.