Methods and systems for conducting pari-mutuel wagers
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United States of America Patent
Stats
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Oct 11, 2011
Grant Date -
Jun 9, 2005
app pub date -
Nov 5, 2004
filing date -
Nov 7, 2003
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The present invention provides methods and systems of conducting wagers, such as pari-mutuel wagers. In one exemplary embodiment, an event, such as a horse race, dog race, a combination of races, etc., is identified for which a plurality of bettors may each place at least one wager. Each bettor of the plurality is enabled to provide input regarding at least one portion of their respective at least one wager prior to the event. At least one other portion of each bettor's at least one wager is randomized prior to the event. The wager then comprises the combination of the bettor selected portion and randomized portion. In one exemplary embodiment, the player selected portion may include selecting bettor-preferred participants of the event while the randomly selected portion may include the randomly assigning a finishing order to the player selected participants.
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