Okla. Stat. tit. 3A, § 3A-208: Breakage - Distribution of proceeds

A. From any payment made to an individual who has wagered by

contributing to a pari-mutuel pool operated by an organization

licensee, the organization licensee shall deduct the odd cents by

which the amount payable on each dollar wagered exceeds a multiple

of ten cents ($0.10). If there is a minus pari-mutuel pool, the

organization licensee shall deduct the odd cents by which the amount

payable on each dollar wagered exceeds a multiple of five cents

($0.05). The amount so deducted shall be known as breakage.

B. All breakage proceeds shall be remitted by the organization

licensee to the Commission for deposit in the Oklahoma Breeding

Development Fund Special Account.

Added by State Question No. 553, Initiative Petition No. 315,

adopted at election held Sept. 21, 1982. Amended by Laws 1983, c.

11, § 26, emerg. eff. March 22, 1983; Laws 1989, c. 369, § 99,

operative July 1, 1989.