Methods and systems for conducting a contest wagering activity
First Claim
1. A method of conducting a competitive wagering activity, comprising:
- providing a plurality of events upon which a plurality of bettors may each place at least one wager;
enabling each bettor of the plurality of bettors to engage in a competitive wagering activity in relation to the plurality of events; and
evaluating cumulative competitive wagering activity of each of the plurality of bettors for all of the plurality of events.
6 Assignments
0 Petitions
Accused Products
Abstract
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.
238 Citations
44 Claims
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1. A method of conducting a competitive wagering activity, comprising:
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providing a plurality of events upon which a plurality of bettors may each place at least one wager;
enabling each bettor of the plurality of bettors to engage in a competitive wagering activity in relation to the plurality of events; and
evaluating cumulative competitive wagering activity of each of the plurality of bettors for all of the plurality of events. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. A method of wagering, the method comprising:
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paying a participation fee for a competitive wagering activity including a plurality of bettors in which an outcome thereof is determined with respect to a cumulative evaluation of wagering activities related to a plurality of events; and
obtaining an opportunity to place at least one wager upon at least one of the plurality of events in a live wagering pool. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
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39. A wagering system, comprising:
a computing system configured to enable each bettor of a plurality of bettors to engage in a competitive wagering activity in relation to a plurality of events while concurrently enabling any of the plurality of bettors to engage in a live pool wagering activity based upon the outcome of one of the plurality of events. - View Dependent Claims (40, 41, 42, 43, 44)
Specification