Resources Contact Us Home
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
Sending uplink data without synchronization
Apparatus and method for increasing reliability of serving cell change
Real-time balance updates
Method for fabricating group-III nitride semiconductor laser device
System and method for processing enhanced data exchanged with an enhanced mobile station via a wireless connection
Consumer media player
On-chip millimeter wave lange coupler
  Randomly Featured Patents
Gas generator for catalytically reacting liquid, hydrocarbon containing fuel to be evaporated with an oxygen containing gas at elevated temperature to form a fuel gas, particularly for supplyi
Cellular phone
Optical fiber array and a method of producing the same
License plate bolt
Portable hunter's chair
Apparatus for loading a data recording disk
Signal generation decoder circuit and method
Method for adjusting the transmission outputs of two channels of a link station and communication system
Carding engines
Tool transfer device for machine tools