Resources Contact Us Home
Methods and systems for conducting live pool and competitive wagering activities

Image Number 4 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
Parallel active optical cable
Jet pump and reactor
User interfaces
Method to prevent hyper frame number de-synchronization in a wireless communication system
Electric washing machine
Carbon nanotube fiber spun from wetted ribbon
Mobile communication terminal provided with handsfree function and controlling method thereof
  Randomly Featured Patents
Lithium secondary battery
Method and structure for handling packetized SCSI protocol data overruns in a multi-data channel host adapter
Data logger for transportable life support system
Electron beam test system and electron beam test method
Clematis plant named `UNAI 010`
Lightweight video cassette cartridge
Secure file access using a file access server
Aqueous polyurethane dispersions which can be hardened with mit UV-radiation and thermally, and use thereof
Injection molding apparatus comprising a stack mold
System and method for utilizing a highly secure two-dimensional matrix code on a mobile communications display