OAR 462-220-0050
Total Take-out Rates for Non-Merged Pools

(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 (State of Oregon Share of the Pari-Mutuel Handle).

(2)

Fees required under this provision do not apply to wagering options such as a betting exchange.

Source: Rule 462-220-0050 — Total Take-out Rates for Non-Merged Pools, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=462-220-0050.

Last Updated

Jun. 8, 2021

Rule 462-220-0050’s source at or​.us