| Class / Patent application number | Description | Number of patent applications / Date published |
|---|
| 463028000 | Parimutuel pool | 12 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
