Systems and methods for accessing, manipulating and using funds associated with pari-mutuel wagering
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United States of America Patent
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Jul 6, 2010
Grant Date -
Oct 13, 2005
app pub date -
Mar 17, 2005
filing date -
Dec 8, 2003
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Systems and methods of pari-mutuel wagering are disclosed. One method utilizes a credit instrument associated with an account set up by a patron at a pari-mutuel gaming establishment, such as a horse or dog racing track. The credit instrument may be used to place wagers at a gaming terminal and, additionally, for the purchase of goods and/or services, accessing additional informational displays, or accessing secure special areas at the pari-mutuel gaming establishment. The credit instrument acts a cash substitute wherein the patron's account may be automatically updated with all of the patron's wins, losses, and purchases via a network system or updated on the credit instrument. In other methods, pari-mutuel wagers are placed with an anonymous account such that an identity of a player is not known to the pari-mutuel gaming establishment.
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