OAR 462-220-0050

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

Last amended: 2026Length: 109 wordsOfficial source
(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) The Commission may require reimbursement for any oversight of non-merged pools, which will be negotiated in advance. (2) Fees required under this provision do not apply to wagering options such as a betting exchange.
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