×

Method of effecting multiple wagers on a sports or other event

  • US 20020153656A1
  • Filed: 02/13/2001
  • Published: 10/24/2002
  • Est. Priority Date: 02/13/2001
  • Status: Active Grant
First Claim
Patent Images

1. A method of conducting a wagering operation wherein an establishment accepts wagers on an outcome of an event, the event having a continuum of potential outcomes which are definable by units, the establishment setting a center point on the continuum, representing a likely outcome of the event, said center point separating the continuum into a first set of results and a second set of results, the establishment permitting a player to place a bet that the actual outcome of the event will be in the first set of results or the second set of results, the establishment keeping losing wagers and paying out winning wagers according to a payout schedule, the payout schedule including an award to a winning player of a multiple of the player'"'"'s bet if the difference between the actual outcome of the event and the center point exceeds a first predetermined number of units, and also including an obligation of a losing player to pay an additional amount to the establishment if the difference between the actual outcome and the center point exceeds a second predetermined number of units.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×