Page 1284
"Sports wagering" means accepting wagers on sports events or portions of sports events, or on the individual performance statistics of athletes in a sports event or combination of sports events, by any system or method of wagering, including, but not limited to, in person or over the Internet through websites and on mobile devices. "Sports wagering" includes, but is not limited to, single-game bets, teaser bets, parlays, over-under, moneyline, pools, exchange wagering, in-game wagering, in-play bets, proposition bets, and straight bets. "Sports wagering account" means a financial record established by a master sports wagering licensee for an individual patron in which the patron may deposit and withdraw funds for sports wagering and other authorized purchases and to which the master sports wagering licensee may credit winnings or other amounts due to that patron or authorized by that patron. "Tier 1 sports wager" means a sports wager that is determined solely by the final score or final outcome of the sports event and is placed before the sports event has begun. "Tier 2 sports wager" means a sports wager that is not a tier 1 sports wager. "Wager" means a sum of money or thing of value risked on an uncertain occurrence. "Winning bidder" means a qualified applicant for a master sports wagering license chosen through the competitive selection process under Section 25-45. SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468