Class / Patent application number | Description | Number of patent applications / Date published |
463028000 | Parimutuel pool | 36 |
20080254876 | SYSTEM AND METHOD FOR ODDS-BASED SPORTS WAGERING - The present invention can provide a system and method for sports wagering and entertainment. In one exemplary embodiment, the present invention can include a method for odds-based sports wagering, the method comprising: receiving, from a bettor, a selection of at least one players; providing, to the bettor, odds associated with the selection of at least one players; receiving, from the bettor, an at least one bet type and an at least one bet amount based on the odds associated with the selection of at least one players; and returning, to the bettor, a result for the at least one bet type and the at least one bet amount. | 10-16-2008 |
20100144428 | METHOD AND SYSTEM FOR PLACING A WAGER ON A PARI-MULTUEL EVENT - A method and system is provided to permit placing a wager on a pari-mutuel event in which expert handicapper's prognoses are displayed to a player to permit them to formulate either simple or complicated exotic wagers, and to be able to aggregate a wager with those of other players to satisfy wagering minimums. | 06-10-2010 |
20110053684 | PARI-MUTUEL GAME - The present invention is directed to a pari-mutuel contest in general and a pari-mutuel contest which requires participants to place wagers on a grouping of contestants which have been segregated into subsets from a field of contestants. The segregation is based on a predetermined criteria. The participants are required to select a predetermined quantity of contestants from each respective grouping with the totality of the contestants performance aggregated to determine a participants score. Winnings are calculated on a pari-mutual bases based on the respective scores. | 03-03-2011 |
20110256925 | Detection of Improper Bets in Real-Time Wagering Systems - Methods, systems, and software for accepting bets on contests, such as sporting events, with wagering terms that change in real-time with the progress of the contests are disclosed. The disclosed methods, systems, and software may include security features that check the time at which bets are placed to ensure that they are not being placed in the interval between when an event occurred in the contest and when the wagering terms were changed to reflect that the event occurred. | 10-20-2011 |
20110306409 | ENHANCED PARIMUTUEL PLATFORM FOR WAGERING - An enhanced parimutuel platform allows for the combination of multiple and single event wagers within a single pool, while maintaining payouts for the single event wagers that are independent of the multiple events. The enhanced parimutuel platform also allows for uniform payouts for wagers having a different number of outcomes for a single event, such as moneyline and point spread wagers. | 12-15-2011 |
20120252568 | SYSTEMS AND METHODS FOR MANAGING GAMING ACTIVITIES - The present invention is directed to a method and system of gaming where players contribute money to win a prize and a part of the money is allocated for public benefit such as charities and other welfare causes. The system gives the player control over certain features such as selecting a cause. | 10-04-2012 |
20120276989 | Method and system for placing a wager on a pari-mutuel event - A method and system is provided to permit placing a wager on a pari-mutuel event in which expert handicapper's prognoses are displayed to a player to permit them to formulate either simple or complicated exotic wagers, and to be able to aggregate a wager with those of other players to satisfy wagering minimums. | 11-01-2012 |
20120295698 | PARI-MUTUEL WAGERING SYSTEM AND METHOD - A method for conducting pari-mutuel wagering on an multi-action event, comprising the steps of providing at least one wagering computing system for ranking of participants in the event; establishing preliminary odds of winning a wager, based in part upon the rankings, for a plurality of individual actions of the multi-action event; accepting wagers for each of the plurality of individual actions; pooling respective wagers for each of the plurality of individual actions into a respective action-specific pool; calculating, using the wagering computing system, final odds of winning each of the plurality of individual actions using the action-specific pool; and paying winnings as determined by the final odds to one or more bettors who wagered a correct outcome for each of the plurality of individual actions. | 11-22-2012 |
20130005450 | SYSTEM AND METHOD FOR BETTING ON-THE-BOARD OR OFF-THE-BOARD IN AN EVENT - A system for managing bets comprises a memory and a processor. The memory stores one or more first type of bets and one or more second types of bets. Each first type of bet is associated with a bet amount and comprises a bet that a participant selected from a set of participants in an event will finish in a predetermined subset of finishing positions associated with the event. Each second type of bet is associated with a bet amount and comprises a bet that the selected participant will not finish in the predetermined subset of finishing positions associated with the event. The processor adds the bet amounts associated with the first type of bets with the bet amounts associated with the second type of bets to form a betting pool. The processor determines an amount of a payout based at least in part on the betting pool. | 01-03-2013 |
20130012307 | Gaming System and Method - A secondary game system, in various embodiments, comprises a system of networked game terminals where a player playing a game on a game terminal can earn eligibility to win a prize from a secondary game that plays simultaneously in the background. The secondary game may be triggered based on play on the plurality of networked terminals. This allows the player to play a first game that earns them eligibility to win another game that is played in the background. The player sends a game initiation request for a game (e.g., lottery slot) to be played on the game terminal. If a certain criterion is satisfied, the player becomes eligible to win a prize from the secondary game if the secondary game is triggered while the player is eligible to win. | 01-10-2013 |
20130029759 | Global Pool Betting - In some implementations of global pool betting, bets can be received at multiple regional servers, each serving a different geographical region. Bets can be initiated, and subsequently transmitted to a regional server, as text messages (e.g., short message service (SMS) messages) at the regional server. A regional server can process the bets and add bet amounts to a regional betting pool accordingly. The bets can be collected at the regional server over a configured period of time. When the configured period of time has elapsed, the regional server can transmit information defining the regional betting pool to global server where the regional betting pool can be added to a global betting pool containing bets from other regional betting pools. | 01-31-2013 |
20130079126 | METHOD AND SYSTEM FOR VARYING TAKE-OUT ON PARI-MUTUEL WAGERS - In a method of pari-mutuel wagering, one or more primary bettors place wagers having an applicable base take-out rate, and thus yielding a base pari-mutuel payout for winning wagers. One or more secondary bettors may place wagers having an applicable modified take-out rate (preferably lower than the base take-out rate), thus yielding a higher payout for winning wagers than the base payout. In one embodiment, primary bettors may place wagers through a host, such as a track. Secondary bettors may place wagers through a non-host distributor, such as an off-track betting location (OTB). Secondary bettors may apply take-out points to lower the base take-out rate to a new modified take-out rate which is applicable to their wager. | 03-28-2013 |
20130084968 | PARI-MUTUEL WAGERING COMBINED WITH RANDOM-GENERATED NUMBERS FOR GENERATING JACKPOTS WITH A RANDOM DRAW - A method for wagering may include accepting bets for wagered sums from a plurality of bettors based on each bettor's selected expected outcome of a pari-mutuel event and assigning one or more of a predetermined quantity of randomly generated numbers to each bettor's bet. A portion of the wagered sums may be assigned to a jackpot pool. Event-winning bettors may be paid a calculated pari-mutuel sum after the event if the bettor's selected outcome occurs. A drawing may be conducted from among the predetermined quantity of randomly generated numbers. At least a portion of the jackpot may be paid to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor; and if not, carrying over the jackpot to a subsequent event thereby increasing the value of the potential wager to the bettor. | 04-04-2013 |
20130196753 | EVENT WAGERING WITH GROUP AND/OR IN RUN OPTIONS - Some embodiments may relate to wagering one or more events. Such events may include sporting events. For example, one or more races may be wagered upon. In some embodiments, one or more wager may include an in running or in game wager. In some embodiments, one or more wagers may include a wager on a group of participants. Various apparatus and methods are described. | 08-01-2013 |
20130196754 | METHOD AND COMPUTERIZED SYSTEM FOR PROVIDING GAMING INSTRUCTIONS AND INFORMATION - A method and computerized system for providing gaming instructions and information is comprised of at least an information database, a processor executing machine readable instructions, and a user interface. The database initially comprises information about racers such as thoroughbreds, trotters, and greyhounds, and the races in which they are matched. The processor and user interface can receive input from a user which may be added to the database. The user provides a user profile and preferred categories for selecting racers. The categories may be statistical or lucky categories and the lucky categories may require additional selection by the user. The system scores the racers based on the selected categories and generates suggested wagers and instructions for placing the wagers. The suggested wagers generated vary by user profile such as beginner, intermediate, or advanced, and user betting style preference. | 08-01-2013 |
20140045588 | PARI-MUTUEL WAGERING SYSTEM AND METHOD - A method for conducting pari-mutuel wagering on an multi-action event, comprising the steps of providing at least one wagering computing system for ranking of participants in the event; establishing preliminary odds of winning a wager, based in part upon the rankings, for a plurality of individual actions of the multi-action event; accepting wagers for each of the plurality of individual actions; pooling respective wagers for each of the plurality of individual actions into a respective action-specific pool; calculating, using the wagering computing system, final odds of winning each of the plurality of individual actions using the action-specific pool; and paying winnings as determined by the final odds to one or more bettors who wagered a correct outcome for each of the plurality of individual actions. | 02-13-2014 |
20140066188 | Methods and Apparatus For Parimutual Historical Gaming - A system for parimutuel wagering on actual past events includes, in one embodiment, a video server including a database having video images of gaming events stored therein, a game server including a computer system configured to facilitate pari-mutuel wagering on actual past events and to permit a player to select a percentage weight for each of a plurality of handicapping factors, and a plurality of terminals. The video server and plurality of terminals are communicatably coupled to the game server. | 03-06-2014 |
20140066189 | Web Based Methods and Apparatus For Parimutual Historical Gaming - A system for parimutuel wagering on actual past events includes, in one embodiment, a video server including a database having video images of gaming events stored therein, a game server including a computer system configured to facilitate pari-mutuel wagering on actual past events and to permit a player to select a percentage weight for each of a plurality of handicapping factors, and a plurality of terminals. The video server and plurality of terminals are communicatably coupled to the game server. | 03-06-2014 |
20140066190 | Gambling Game That Provides High Winning Chance And Maximum Flexibility To Players - A gambling game that contains different rooms, with different amount of players. and with different amount of money, according to the room, that each player can gamble on, will provide a platform for withdraw that if dividing the money of all player to 100 winners, each player will have very high chance to win, with regards to money that he will invest, and the relative number of winner in each withdraw. | 03-06-2014 |
20140087859 | SYSTEM AND METHOD FOR BETTING ON-THE-BOARD OR OFF-THE-BOARD IN AN EVENT - A system for managing bets comprises a memory and a processor. The memory stores one or more first type of bets and one or more second types of bets. Each first type of bet is associated with a bet amount and comprises a bet that a participant selected from a set of participants in an event will finish in a predetermined subset of finishing positions associated with the event. Each second type of bet is associated with a bet amount and comprises a bet that the selected participant will not finish in the predetermined subset of finishing positions associated with the event. The processor adds the bet amounts associated with the first type of bets with the bet amounts associated with the second type of bets to form a betting pool. The processor determines an amount of a payout based at least in part on the betting pool. | 03-27-2014 |
20140113713 | RANDOM BASED CONCURRENT, MULTI-VENUE, MULTI-RACE, MULTI-OUTCOME PROGRESSIVE PARI-MUTUEL WAGERS - A system generates multiple presentations, or game play opportunities, based upon a single defined value set relating to a wager produced by the outcome of concurrent, multi-venue, multi-event, multi-outcome horse racing pari-mutuel wager. Once the wager has been defined, the events comprising the dataset of wagers are arranged sequentially. One or more random number generators are utilized to distribute the dataset elements as well as corresponding numbers, symbols or images in a random rather than sequential fashion thereby resulting in multiple unique game play opportunities. | 04-24-2014 |
20140162771 | Betting Game Based on Past-Time Bet Information for the Game - A betting game is disclosed where betting amounts for tokens are shown to opponents at regular intervals; however, at each regular interval, the betting amount is shown for a previous time. During the game, players bid based on what they think other players will do, but only have lagged (prior time) betting information at any moment during the game, until the game ends. Once the game ends, players are paid out a percentage based on the placement of their tokens. Side bets by non-players may also be made which do not affect the placement of the tokens or pay-out to the players, the side bets having a pay-out based on a win/loss percentage forecast. The house (game administrator) may contribute to the winning pot or take a percentage of the winnings as a fee. Further, in some embodiments, players may enter more than one token, sometimes for an additional fee to be paid to the house or into the pot to be paid out. | 06-12-2014 |
20140206439 | METHOD AND SYSTEM FOR VARYING THE TAKE-OUT OR RAKE RATE ON WAGERS PLACED IN A WAGERING POOL - In a method of wagering, one or more primary bettors place wagers having an applicable base take-out or rake rate, and thus yielding a base payout for winning wagers. One or more secondary bettors may place wagers having an applicable modified take-out or rake rate (preferably lower than the base take-out or rake rate), thus yielding a higher payout for winning wagers than the base payout. The wagering may occur relative to card games such as poker, or other types of games or events, including sports betting. Bets may be placed with a host, such as a casino or track, or an off-track entity. | 07-24-2014 |
20140274352 | SYSTEMS AND METHODS FOR INTERACTIVE GAMES - The invention relates to systems and methods of gaming, including online gambling. The system may enable betting to be performed by a user with respect to one or more events (e.g., the betting results are revealed to the user (optionally in a time delayed manner) based at least in part on the user's game play with respect to an interactive game (e.g., an online interactive electronic game)). By way of example and not limitation, the event may be a sporting event, a lottery, stock market activity, a political race, or other form of risk resolution that provides a return against an amount wagered. The interactive game may involve physical coordination, problem solving and/or other activity unrelated to the underlying event being wagered on. Further, the actual selection of events (e.g., races and competitors, stocks, etc.) to bet on may be automatically selected, without requiring the user to perform manual selections. | 09-18-2014 |
20140342817 | WAGERING APPARATUS, METHODS AND SYSTEMS - A system, method and apparatus provides a unique betting product where players make selections in one or more different events. Players who are in contention to win may be offered an opportunity to sell their tickets, in whole or in part, in response to a full or partial buy-out offer made at any time prior to completion of a wagering event. | 11-20-2014 |
20140357351 | WAGERING SYSTEM WITH UNDERLYING TIME SENSITIVE REDEEMABLE UNITS - A wagering system ( | 12-04-2014 |
20150364009 | Method for Pari-Mutuel Wagering - An improved method for allowing players to make pari-mutuel wagers on previously-run, order-of-finish contests (PROOFCs) includes the steps of enabling the operator of a pari-mutuel wagering enterprise to: (1) access the database of race conditions pertaining to each of the PROOFCs and assemble a specified collection of PROOFCs upon which a player may elect to wager or not wager on a specific PROOFC, (2) select the number of contestants and the race conditions applicable to each of the PROOFCs so as to yield a wagering experience for the player (with sufficiently variable results and an acceptable financial return on the player's wagers) that makes it likely the player will again use this improved method of wagering, and wherein the wagering is conducted such that whether a player's selection is determined to be a winner depends on the performance of the selected contestant. | 12-17-2015 |
20150371500 | METHOD AND APPARATUS FOR SETTLEMENT OF PROCESSOR BASED TOURNAMENT COMPETITION - A method of providing or receiving value from or to a participant value in a game tournament wherein a plurality of participants play a casino-style game, includes calculating an expected value for the position of each participant in the tournament, the expected value based upon the number of wagering units held by the participant at the point in time, the number of wagering units held by each other participant in the tournament at the point in time and a payout table for the tournament. | 12-24-2015 |
20160012682 | Virtual World Of Sports Competition Events With Integrated Betting System | 01-14-2016 |
20160019757 | SYSTEMS AND METHODS FOR PROVIDING RACE AND FANTASY SPORTS PARI-MUTUEL WAGERING - A method for providing race and sport pari-mutuel wagering by an operator to a player is provided. The method includes providing, by the operator, a first pari-mutuel contest to the player, wherein the first pari-mutuel contest is associated with a race event, providing, by the operator, a second pari-mutuel contest to the player, wherein the second pari-mutuel contest is associated with a sport event, receiving, by the operator, a wager on at least one of the first pari-mutuel contest and the second pari-mutuel contest, and contributing at least a portion of the wager to a pool associated with the at least one of the first pari-mutuel contest and the second pari-mutuel contest, determining a winning outcome associated with the at least one of the first pari-mutuel contest and the second pari-mutuel contest, and paying the player at least a portion of the pool when the wager of the player is associated with the winning outcome. | 01-21-2016 |
20160049047 | Method and System for Placing a Wager on a Pari-Mutuel Event - A system for aggregating wagers in a pari-mutuel betting pool having a minimum acceptable wager amount as required by a track for placement in which odds are changeable until the wagering pool closes. The system includes a display for presenting an individual as a single wagering opportunity the outcome of a wager in a pari-mutuel betting pool, the wager involving the picking of more than one horse within a single race, with the payout only upon an exact match of the picked horses. The system includes a wager placing unit adapted to place the wagers in an aggregator for aggregating pari-mutuel betting pool wagers from multiple players that would be less than the minimum acceptable wager amount as required by a the track for placement so as to provide players with the ability to place wagers in various denominations where previously they would not have been accepted. | 02-18-2016 |
20160098893 | MANAGING BETS THAT SELECT EVENTS AND PARTICIPANTS - A method of managing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective participant for each of the first number of events selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout based at least in part on the betting pool. | 04-07-2016 |
20160110776 | Method and System for Gamified Crowdfunding - A system and method for gamified crowdfunding over the Internet in order to crowdfund worthy or charitable causes while offering incentives and rewards in the form of an entertaining game and the potential added benefit of a share of the proceeds. Proceeds from the gamified crowdfunding could be shared between the worthy cause and the high scoring donor-participants. A host identifies and selects, through a contest or other selection process, a cause or beneficiary to be featured. The host possesses or owns a server with a processor and memory in which to store a game of knowledge or skill and the game interface and that server is accessed by users via a network. Through the game, queries and answers are exchanged. Through a personal computing device, a user creates an account, pays funds to support a cause, and competes and interacts with the game and other users. | 04-21-2016 |
20160133093 | METHOD AND SYSTEM FOR VARYING THE TAKE-OUT OR RAKE RATE ON WAGERS PLACED IN A WAGERING POOL - In a method of wagering, one or more primary bettors place wagers having an applicable base take-out or rake rate, and thus yielding a base payout for winning wagers. One or more secondary bettors may place wagers having an applicable modified take-out or rake rate (preferably lower than the base take-out or rake rate), thus yielding a higher payout for winning wagers than the base payout. The wagering may occur relative to card games such as poker, or other types of games or events, including sports betting. Bets may be placed with a host, such as a casino or track, or an off-track entity. | 05-12-2016 |
20160189483 | APPARATUS, SYSTEMS AND METHODS FOR PROMOTING AND PLACING PARI-MUTUEL WAGERS - Methods and apparatus are provided for placing pari-mutuel wagers. One such method comprises: providing a user with an opportunity to place a pari-mutuel wager in which one or more criteria associated with the pari-mutuel wager are selected on behalf of the user; generating a ranking of events from among a plurality of potential events based on one or more ranking criteria associated with each event; presenting to the user one or more potential wagers based on one or more outcomes of the one or more top-ranked events from the ranking, a number of the one or more top-ranked events less than a number of the plurality of potential events; and permitting the user to place the pari-mutuel wager based at least in part on an outcome of one of only the one or more top-ranked events. | 06-30-2016 |
20160196723 | WAGERING ENTERTAINMENT APPARATUS, SYSTEMS AND METHODS | 07-07-2016 |