LOTTERY SYSTEM BASED ON SPORTING EVENTS
First Claim
1. A method of conducting a lottery using sporting events as a basis of defining winning conditions for the lottery, said method comprising the steps of:
- a) identifying a group of scheduled sporting events;
b) associating the group of sporting events with a lottery competition;
c) defining a plurality of parameters comprising predictions to be made by a lottery participant with respect to the win/loss outcomes of the group of sporting events;
d) charging a fee to participate in the lottery competition;
e) providing a prediction request to the participant to enable reporting of the predictions made by the participant regarding will/loss outcomes of the sporting events;
f) assigning award amounts to the participants that are at least partially successful in predicting a majority of sporting event outcomes, said amounts being based on a total of fees paid by the participants in the lottery competition; and
g) carrying awards over to a next game if no participant fulfills the winning conditions.
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Accused Products
Abstract
A method of conducting a lottery using sporting events as a basis of defining a winning condition for the lottery, comprising the steps of: identifying a group of scheduled sporting events 11, associating the group of sporting events with single lottery competition 12, defining a plurality of parameters comprising predictions to be made by a lottery participant with respect to the win/loss outcomes of the group of sporting events 13, charging a fee to participate in the lottery competition 14, providing a prediction request to the participant to enable reporting of predictions made by the participant regarding win/loss outcomes of the sporting events 15, and assigning cash award amounts to participants that are at least partially successful in predicting a majority of sporting event outcomes 16, said amounts being based on a total of fees paid by the participants in the lottery competition.
23 Citations
31 Claims
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1. A method of conducting a lottery using sporting events as a basis of defining winning conditions for the lottery, said method comprising the steps of:
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a) identifying a group of scheduled sporting events; b) associating the group of sporting events with a lottery competition; c) defining a plurality of parameters comprising predictions to be made by a lottery participant with respect to the win/loss outcomes of the group of sporting events; d) charging a fee to participate in the lottery competition; e) providing a prediction request to the participant to enable reporting of the predictions made by the participant regarding will/loss outcomes of the sporting events; f) assigning award amounts to the participants that are at least partially successful in predicting a majority of sporting event outcomes, said amounts being based on a total of fees paid by the participants in the lottery competition; and g) carrying awards over to a next game if no participant fulfills the winning conditions. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 11, 13, 14, 15)
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9. A method as defined 8, wherein the tie condition can occur by an event winner prevailing by exactly a given point spread.
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10. A method as defined 1, wherein the win/loss outcome includes a score outcome to be either over a given point total or under a given point total.
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12. A method as defined 11, wherein only a segment of the order is predicted.
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16. A program storage device readable by a machine, tangibly embodying a program of instructions executable by the machine to perform method steps for processing a lotter event, said method steps comprising:
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a) generating a list of scheduled sporting events; b) creating prediction requests for lottery participants based on the list; c) recording predictions by the participants of win/loss outcome(s) for the event(s); d) collecting an entry fee along with the prediction requests from the participants; e) placing the predictions in a lottery; f) comparing predicted results from each of the participants with actual outcome(s) of the sporting events; g) awarding specified prizes to the participants that are at least partially successful in predicting a majority of the win/loss outcomes, said prizes being based on a total of fees paid by all of the participants in the lottery; and h) carrying the awards over to later lotteries in the case that no participant is partially successful in predicting the outcomes. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 26, 28, 29, 30)
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24. A method as defined 23, wherein the tie condition can occur by an event winner prevailing by exactly a given point spread.
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25. A method as defined 16, wherein the win/loss outcome includes a score outcome to be either over a given point total or under a given point total.
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27. A method as defined 26, wherein only a segment of the order is predicted.
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31. A computer program product comprising:
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a computer usable medium having a computer readable code means embodied in said medium for processing a lottery event, the computer readable program code in said article of manufacture comprising; a computer readable program code means for causing the computer to generate a list of scheduled sporting events; a computer readable program code means for causing the computer to create prediction requests for lottery participants based on the list; a computer readable program code means for causing the computer to record predictions by the participants of win/loss outcome(s) for the event(s); a computer readable program code means for causing the computer to collect an entry fee along with the prediction requests from the participants; a computer readable program code means for causing the computer to place the predictions in a lottery; a computer readable program code means for causing the computer to compare predicted results from each of the participants with actual outcome(s) of the sporting events; a computer readable program code means for causing the computer to award specified prizes to the participants that are at least partially successful in predicting a majority of the win/loss outcomes, said prizes being based on a total of fees paid by all of the participants in the lottery; and a computer readable program code means for causing the computer to carry the awards over to later lotteries in the case that no participant is partially successful in predicting the outcomes.
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Specification