Unless the context indicates otherwise, the following terms are
defined for use in OAR chapter 177, division 093:
(1) "Bet" or "wager" means the amount of
money paid by a player for a share 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, moneyline, spread,
total, or parlay. Available bets are determined by the Lottery and displayed to
players within the mobile app or site.
(3) "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.
(4) "Decimal
odds" means a way of representing the amount returned on a winning wager using
a baseline of $1, including the return of the amount wagered. For example, a $1
wager with 1.50 odds returns $1.50 including the original wager and a $1 wager
with 4.25 odds returns $4.25 including the original wager.
(6) "DraftKings"
means DraftKings Inc, a Delaware corporation, and its affiliates, which are
those legal entities that control, are controlled by, or are under common
control with DraftKings Inc., where "control" means the possession of the power
to direct or cause the direction of the management or policies of such legal
entity, whether through the ownership of voting securities, by reason of
management authority, by contract, or otherwise. Without limiting the
foregoing, Crown OR Gaming LLC, is the affiliate of DraftKings who is a service
provider to the Oregon State Lottery that assists in offering the DraftKings
Sportsbook.
(7) "DraftKings
Sportsbook" means the DraftKings Sportsbook Official Provider of the Oregon
Lottery, the sports betting game of chance authorized by the Oregon State
Lottery Commission and offered and operated by the Oregon State Lottery in
which eligible players purchase shares to risk on the outcome of sporting
events for a chance to win a prize.
(8) "Duplicative bet" or "identical bet"
means a wager placed on the same outcome of the same event with the same odds
as a wager previously placed by a player.
(9) "Eligible player" means a person who is
eligible to play sports betting games pursuant to OAR
177-093-0015.
(10) "Funds balance" has the meaning given in
OAR
177-046-0015.
(11) "Governing
body" means a recognized organization that has regulatory or sanctioning
authority or control over a particular sport.
(12) "In-game rules" means the DraftKings
General Betting Rules and the DraftKings Sports Rules that describe general
sports betting and market and sport-specific rules and information. The
"in-game rules" are available to players on the mobile app or site and are
incorporated into the terms of use. Such in-game rules, as amended from time to
time, govern the players and the sports betting games offered on the mobile app
or site.
(13) "Mobile app" has the
meaning given in OAR
177-046-0015.
(14) "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
177-093-0030.
(15) "Payout" means the prize that may be
received by a player for a winning bet.
(16) "Player account" has the meaning given
in OAR
177-046-0015.
(17) "Player
balance" has the meaning given in OAR
177-046-0015.
(21) "Sporting event"
means a game, match, race, or similar competitive event associated with a
governing body in its entirety or a particular event or occurrence within or
related to the game, match, race, or similar competitive event such as, but not
limited to, a particular play or score.
(22) "Sports betting game" has the meaning
given in ORS
461.010.
(23) "Terms and conditions" has the meaning
given in OAR
177-046-0015.
(24)
"Terms of use" has the meaning given in OAR
177-046-0015.
