OAR 462-220-0050: Total Take-out Rates for Non-Merged Pools
Edition: Current OARD snapshotEffective: 2026-01-26Last verified: 2026-09-07
(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.
Official history and status
Statutory/Other Authority: ORS 462.270(3) & 462.725
Statutes/Other Implemented: ORS 462.725
History: RC 5-2026, amend filed 01/26/2026, effective 01/26/2026 RC 2-2012, f. 5-29-12, cert. ef. 6-1-12 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/