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System, method, and computer program product for networked pari-mutuel gaming

  • US 20060258432A1
  • Filed: 05/09/2006
  • Published: 11/16/2006
  • Est. Priority Date: 05/10/2005
  • Status: Abandoned Application
First Claim
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1. A method of wagering, comprising the steps of:

  • receiving data at a computing device using at least one communications network, the data defining a plurality of possible outcomes of a computer-generated event and odds applying to each outcome, the odds defining a variable payoff based on the number and amount of wagers placed on each outcome;

    displaying the data defining outcomes and odds on the computing device;

    using the computing device, selecting one of the outcomes as a wagered outcome and transmitting a wager on the wagered outcome over at least one communications network; and

    receiving outcome data at the computing device via at least one communications network, indicating that the computer-generated event has occurred and communicating the outcome of the event; and

    displaying the outcome of the event and the result of the wager on the computing device.

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