Oregon Statutes 462.147 – Mutuel pools; forms of mutuel wagering; wagering devices; rules
(1) The mutuel pool for a live horse race or a previously held horse race may:
Terms Used In Oregon Statutes 462.147
- Commission: means the Oregon Racing Commission. See Oregon Statutes 462.010
- Licensee: means a person, partnership, corporation, political subdivision, municipal corporation or any other body holding a license under this chapter. See Oregon Statutes 462.010
- Mutuel: means a system whereby:
(a) Wagers with respect to the outcome of a race are placed with a wagering pool in which the participants are not wagering against the operator; and
(b) The operator distributes to one or more winning participants the total amount in the wagering pool, less amounts deducted by the operator as approved by the commission. See Oregon Statutes 462.010
- Race: includes races conducted without wagering, provided one or more races in the meet are conducted with wagering. See Oregon Statutes 462.010
- Race meet: means any exhibition of animal racing where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
(a) In addition to any amounts authorized under ORS § 462.720, include amounts carried forward from the mutuel pool of one or more previous races that were subject to mutuel wagering; and
(b) Be carried forward and included in the mutuel pool of subsequent races that are subject to mutuel wagering.
(2) In addition to any other authority of the Oregon Racing Commission to adopt rules, the commission may adopt rules to identify forms of mutuel wagering that race meet licensees are allowed to offer.
(3) A device is not a slot machine or gray machine for purposes of ORS § 167.108 to 167.164 if used for the purpose of carrying out a form of mutuel wagering offered by a race meet licensee in accordance with commission rules. [2014 c.44 § 2]