Methods And Systems For Conducting Pari-Mutuel Wagers

• US 20070197281A1
• Filed: 09/13/2006
• Published: 08/23/2007
• Est. Priority Date: 09/13/2005
• Status: Abandoned Application

• Current Assignee: Frank Stronach
• Original Assignee: Frank Stronach
• Inventors: Stronach, Frank
• Application Number:
  US11/531,355
• Publication Number:
  US 20070197281A1
• Time in Patent Office: Days
• US Class Current: 463/28
• CPC Class Codes: A63F 3/0615 based on sporting events, e.g. football pools
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3276 wherein the players compete, e.g. tournament
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking
• CPC Class Codes: G07F 17/3297 Fairground games, e.g. Tivoli, coin pusher machines, cranes

Abstract

Methods and systems of conducting wagers, such as pari-mutuel wagers. In one exemplary embodiment an event, such as a horse race, dog race, a combination of races, etc., is identified for which a plurality of bettors may each place at least one wager. Preferably, the racing wager method comprises the steps of: (i) providing a bettor with a selection from among a plurality of runners at four races; (ii) accepting a wager from the bettor, said wager comprising (iia) a monetary amount, and (iib) the bettor'"'"'s selection of runners for the first, second, and third place finishers for each of the four races; and (iii) providing monetary value to a bettor whose wager meets a predetermined wager success criteria.

Claims

1. A racing wager method, comprising the steps of:

providing a bettor with a selection from among a plurality of runners at four races;

accepting a wager from the bettor, said wager comprising (i) a monetary amount, and (ii) the bettor'"'"'s selection of runners for the first, second, and third place finishers for each of the four races; and

providing monetary value to a bettor whose wager meets a predetermined wager success criteria.