Oregon Administrative Rules|Section 462-200-0170 - Pari-Mutuel Tickets

                                                

Current through Register Vol. 60, No. 12, December 1, 2021

(1) A pari-mutuel ticket is evidence of a contribution to the pari-mutuel pool operated by the race meet licensee and is evidence of the obligation of the race meet licensee to pay to the holder thereof such portion of the distributable amount of the pari-mutuel pool as is represented by such valid pari-mutuel ticket. The race meet licensee shall cash all valid winning tickets when such are presented for payment during the course of the meeting where sold, and for a specified period after the last day of the meeting.

(2) To be deemed a valid pari-mutuel ticket, such ticket shall have been issued by a pari-mutuel ticket machine operated by the race meet licensee and recorded as a ticket entitled to a share of the pari-mutuel pool, and contain imprinted information as to:

(a) The name of the race meet licensee operating the meeting;
(b) A unique identifying number or code;
(c) Identification of the terminal at which the ticket was issued;
(d) A designation of the performance for which the wagering transaction was issued;
(e) The contest number for which the pool is conducted;
(f) The type or types of wagers represented;
(g) The number or numbers representing the betting interests for which the wager is recorded;
(h) The amount or amounts of the contributions to the pari-mutuel pool or pools for which the ticket is evidence.

(3) No pari-mutuel ticket recorded or reported as previously paid, cancelled, or non-existent shall be deemed a valid pari-mutuel ticket by the race meet licensee. The race meet licensee may withhold payment and refuse to cash any pari-mutuel ticket deemed not valid, except as provided in OAR 462-200-0180(5).

Or. Admin. R. 462-200-0170

RC 3-2000, f. 3-27-00, cert. ef. 5-1-00

Stat. Auth.: ORS 462.270(3)

Stats. Implemented: ORS 462.073 & ORS 462.250

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