462.142 Account wagering
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462.142 Account wagering.
(1)In addition to mutuel wagering otherwise authorized by this chapter, account wagering may be conducted upon such conditions as the Oregon Racing Commission determines appropriate. The commission may authorize only a race meet licensee who is the holder of a license issued under ORS 462.057, 462.062 or 462.067 to conduct account wagering.
(2)As used in this section, “account wagering” means a form of mutuel wagering in which an individual may deposit money in an account with a race meet licensee and then use the account balance to pay for mutuel wagering conducted by the licensee. An account wager must be made in person by the holder of the account at the race course. [1997 c.865 §15; 2011 c.176 §2]