Combined totalizer and fixed odds betting system and method

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5672106
SERIAL NO

08526972

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The present invention discloses a combined totalizator and fixed odds betting system able to be operated both on and off-course via a central computer (C) connected with communication links (L) to a large number of betting terminals (T). Both totalizator wagering and fixed odds betting are conducted with a common pool. During the lead up to the race the fixed odds dividend to be paid is adjusted for each runner in stages in accordance with the potential liabilities arising at each stage from the bets to date as the pool increases in size towards race starting time.

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Patent Owner(s)

Patent OwnerAddress
TAB LIMITEDULTIMO NEW SOUTH WALES 2007

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Orford, John Flindt Allawah, AU 2 94
Wilkinson, Bernard Allen Coogee, AU 2 94

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