System and method of betting on a sporting event which awards pay outs based on the difference between the actual and predicted results ("Pay Per Point")
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United States of America Patent
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Oct 9, 2007
Grant Date -
N/A
app pub date -
May 15, 2003
filing date -
May 23, 1997
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A system and method for sports betting that awards pay outs based upon the difference between the actual and predicted results ('Pay Per Point'). In a preferred embodiment of the invention, the Pay Per Point bettor may place any or all of three different bets: 1) spread-line bet, 2) event-total-line bet, 3) team-total-line bet. For the spread-line bet, the bettor collects a pay out based upon the difference between the actual score and predicted spread-line. For the event-total-line Bet, the bettor collects a pay out based upon the difference between the actual score and predicted spread-line.
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