Portable computerized pari-mutuel sports entertainment system

• US 5,647,795 A
• Filed: 10/11/1994
• Issued: 07/15/1997
• Est. Priority Date: 10/11/1994
• Status: Expired due to Fees

• Current Assignee: Robert P. Stanton
• Original Assignee: Robert P. Stanton
• Inventors: Stanton, Robert P.
• Primary Examiner(s): Graham, Mark S.
• Assistant Examiner(s): ONEILL, MICHAEL W
• Application Number:
  US08/321,137
• Time in Patent Office: 1,008 Days
• Field of Search: 463/1, 463/9, 463/16, 463/40, 364/412, 364/410
• US Class Current: 463/25
• CPC Class Codes: A63F 2009/2404 Keyboard
• CPC Class Codes: A63F 2009/2435 using a video camera
• CPC Class Codes: A63F 2009/2455 Printers
• CPC Class Codes: A63F 3/081 electric
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements

Abstract

A portable computerized pari-mutuel sport system which includes a television, a video cassette recorder, a computer, a keypad, a receipt printer, and a computer program which controls the computer and, if desired, the video cassette recorder so that as betting continues, the betting information is conveyed to the computer where the odds are recalculated and displayed on the television.

Claims

1. A portable pari-mutuel system for off-site betting on sports events comprising

a) at least one television monitor,

b) a video cassette recorder operatively connected to said television monitor whereby a video tape of a pre-recorded sporting event run through said video cassette recorder is displayed on said television monitor,

c) at least one receipt printer,

d) at least one keypad operatively connected to said receipt printer for accepting keyed-in bets,

e) a computer operatively connected to the keypad and to said television monitor including a computer program for accepting betting information from the keypads and recalculating the odds or payoffs, displaying the new odds or payoffs on the television monitor, and causing the receipt printer to issue a receipt for the keyed-in bet, and computer-television interface to display computer generated information on said television monitor.

2. The system of claim 1 including hardware and software for controlling the video cassette recorder.

3. The system of claim 1 including a video tape of a sport event.

4. The system of claim 1, wherein the computer program prompts or guides the operator through each step of the process.

5. A method of off-site betting on a sport event including the steps of

a) programming a computer to accept betting information from a remote key, operate a printer to issue a receipt for keyed-in bets, utilize said betting information to recalculate the odds or payoffs on the event and display the recalculated odds or payoffs on a television monitor,

b) activating said computer,

c) accepting new bets,

d) issuing receipts for the new bets,

e) adding the new betting information to the computer from the keypad,

f) utilizing the new betting information to recalculate the odds or payoffs,

g) displaying the new odds or payoffs on the television,

h) inactivating the keypad and the bet accepting process,

i) activating the video cassette recorder, and

k) displaying the sport event on the television.

6. The method of claim 5 wherein the output from the video cassette recorder includes a display on the television screen of the post parade.

7. The method of claim 5 wherein the computer has software which accepts betting information from the keypad, recalculates the odds or payoffs utilizing the initial established odds or payoffs and the additional betting information, and displays the new odds or payoffs on the television screen.

8. The method of claim 5 wherein the computer program operates the video cassette recorder and controls the on-off states of the keypad and printer.