Resources Contact Us Home
Browse by: INVENTOR PATENT HOLDER PATENT NUMBER DATE
 
 
Methods and systems for conducting live pool and competitive wagering activities










Image Number 3 for United States Patent #7942735.

Methods and systems for conducting wagers, such as pari-mutuel wagers. In one exemplary embodiment a series of events, such as horse races, dog races, etc., is identified for which a plurality of bettors may each place at least one wager, and a wagering activity thereon is structured as a contest. Bettors may each be provided with a "play money" bankroll for use in wagering, and play against one another competitively to achieve one or more winning outcomes for the contest as defined by the operator. Alternatively, bettors may have their conventional, live wagers entered into the contest. The prize pool for the contest, which may be multi-tiered, is fixed based on the number of participants and allocated to winners independent of the live wager prize pool, thus not affecting odds for the live wager. The contest wagering activity may be run in parallel with live wagering, and utilizing the same wagering system for administration of both. Wagering systems and a wagering network are also disclosed.








 
 
  Recently Added Patents
Multilayered ceramic electronic component and fabrication method thereof
Semiconductor device and method of adjusting characteristic thereof
Air scent dispenser
Systems, methods and apparatus for payment processing
Automated top-down multi-abstraction infrastructure performance analytics -network infrastructure-as-a-service perspective
Horizontal cable manager
Method and system for fail-safe call survival
  Randomly Featured Patents
Mitral valve annuloplasty ring having a posterior bow
Developing apparatus
De-centered lens group for use in an off-axis projector
Coin bank
Method and apparatus for removing casing
In-vehicle-device control system varying manipulation item display
Micro electric generator, method of providing the same, and electric generating device
Cmos digital-controlled delay gate
Nonvolatile memory array having modified channel region interface
Portable device for supporting a roll of aluminum sheeting for dispensing