Statutes, codes, and regulations
Oregon Administrative Code
Chapter 177 - OREGON STATE LOTTERY
Division 93 - DRAFTKINGS SPORTSBOOK
Section 177-093-0005 - Definitions

Or. Admin. R. 177-093-0005

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Current through Register Vol. 63, No. 5, May 1, 2024
Section 177-093-0005 - Definitions

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.
(2) "Bonus" has the meaning given in OAR 177-046-0015.
(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.
(5) "Digitally" has the meaning given in OAR 177-046-0015.
(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.
(18) "Prize" has the meaning given in OAR 177-010-0003.
(19) "Share" has the meaning given in OAR 177-010-0003.
(20) "Site" 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.

Or. Admin. R. 177-093-0005

LOTT 20-2021, temporary adopt filed 12/17/2021, effective 12/17/2021 through 6/14/2022; LOTT 6-2022, adopt filed 06/03/2022, effective 6/15/2022

Statutory/Other Authority: Or Const, Art XV, § 4(4)(a), ORS 461.120, 461.130, 461.150, 461.210, 461.220, 461.230, 461.240, 461.250, 461.260, 461.400, 461.440, 461.560, 461.600, 461.715 & 461.719

Statutes/Other Implemented: Or Const, Art XV, § 4(4), ORS 461.010, ORS 461.200, Or Laws 2019, ch 355, §§ 42-45a, ORS 461.120, 461.130, 461.150, 461.210, 461.220, 461.230, 461.240, 461.250, 461.260, 461.400, 461.440, 461.560, 461.600, 461.715 & 461.719