OAR 462-200-0020: Minimum Payoff
Edition: Current OARD snapshotEffective: 2000-05-01Last verified: 2026-09-07
No mutuel ticket shall be paid off at less than 10 cents net for each dollar wagered except when the breaks compute to less than 10 cents on the first dollar, the license shall pay five cents for each dollar wagered. The infield board shall indicate the amount due on each minimum price winning mutuel ticket sold for each specific pool.
Official history and status
Statutory/Other Authority: ORS 462.270(3)
Statutes/Other Implemented: ORS 462.140
History: RC 3-2000, f. 3-27-00, cert. ef. 5-1-00
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Official source: https://secure.sos.state.or.us/oard/