OAR 462-200-0410
Guest State Participation in Interstate Common Pools
(1)
With the prior approval of the commission, pari-mutuel wagering pools may be combined with corresponding wagering pools in the host state, or with corresponding pools established by one or more other jurisdictions.(2)
The commission may permit adjustment of the takeout from the pari-mutuel pool so that the takeout rate in this jurisdiction is identical to that at the host track, or identical to that of other jurisdictions participating in a merged pool.(3)
Where takeout rates in the merged pool are not identical, the net price calculation shall be the method by which the differing takeout rates are applied.(4)
Rules established in the state of the host race meet licensee designated for a pari-mutuel pool shall apply.(5)
The commission shall approve agreements made between the race meet licensee and other participants in interstate common pools governing the distribution of breakage between the jurisdictions.(6)
If, for any reason, it becomes impossible to successfully merge the bets placed into the interstate common pool, the race meet licensee shall declare such accepted bets void and make refunds in accordance with the applicable rules. If the race meet licensee decides not to apply the refund rule, then they may either pay on-track prices or pay off at the host track prices. If either of these payoffs are used, it must be determined prior to the first day of racing and used consistently throughout the race meet. A statement for the rule the race meet licensee is enforcing shall be included on all racing programs with which the licensee is common pooling.
Source:
Rule 462-200-0410 — Guest State Participation in Interstate Common Pools, https://secure.sos.state.or.us/oard/view.action?ruleNumber=462-200-0410
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