Or. Admin. R. 177-092-0010 - Definitions
(1) "American odds"
means a way of representing the probability that something will happen using a
baseline of $100. For example, a bet with odds of +585 means a player needs to
bet $100 to win $585 and a bet with odds of -760 means a player would need to
bet $760 to win $100.
(2) "Bet"
means the amount of money paid by a player for a share in Scoreboard and risked
on a particular outcome of a sporting event or occurrence within or related to
a sporting event. A bet may be one of a variety of types including, but not
limited to, pre-game, live, or parlay. Available bets are determined by the
Lottery and displayed to players within Scoreboard on the mobile app or
site.
(3) "Bonus" has the meaning
given in OAR 177-046-0015.
(4)
"Confirmed" means a bet was placed by a player, the Lottery accepted the bet,
the bet amount was successfully debited from the player balance, the bet was
recorded by the Lottery, and the player received a bet identification number or
similar confirmation number.
(5)
"Digitally" has the meaning given in OAR 177-046-0015.
(6) "Duplicative or identical bets" means a
series of bets that contain the same identical selections made by the same
person or a group of people in their favor.
(7) "Eligible player" means a person who is
eligible to play Scoreboard pursuant to OAR 177-046-0022 and OAR
177-092-0020.
(8) "Funding account"
has the meaning given in OAR 177-046-0015.
(9) "Funds balance" has the meaning given in
OAR 177-046-0015.
(10) "Governing
body" means a recognized organization that has regulatory or sanctioning
authority or control over a particular sport.
(11) "In-game rules" means general betting
and sport-specific information available to players on the Scoreboard mobile
app or site.
(12) "Mobile app" has
the meaning given in OAR 177-046-0015.
(13) "Official event results" means the
results of a sporting event that the Lottery determines will be used to
determine winning bets as described in OAR 177-092-0035.
(14) "Player account" has the meaning given
in OAR 177-046-0015.
(15) "Player
balance" has the meaning given in OAR 177-046-0015.
(16) "Share" has the meaning given in OAR
177-010-0003.
(17) "Site" has the
meaning given in OAR 177-046-0015.
(18) "Sporting event" means a game, match,
race, or similar competitive event associated with a governing body in its
entirety or a particular occurrence within or related to the game, match, race,
or similar competitive event such as, but not limited to, a particular play or
score.
Notes
Statutory/Other Authority: OR Const. Art. XV § 4(4)(a), ORS 461.120, 461.210, 461.220, 461.230, 461.240, 461.250, 461.260
Statutes/Other Implemented: OR Const. Art. XV § 4, ORS 461.120, 461.200, 461.210, 461.220, 461.230, 461.240, 461.250, 461.260
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