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Multi-tiered system for sports wagering

  • US 6,186,502 B1
  • Filed: 07/15/1999
  • Issued: 02/13/2001
  • Est. Priority Date: 07/15/1999
  • Status: Expired due to Term
First Claim
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1. A multi-tiered method for wagering on a sports event involving at least two competitors wherein the method comprises the steps of:

  • a) choosing one of the at least two competitors to satisfy a first criteria based on a predetermined number of parameters that may be satisfied by the outcome of the sports event;

    wherein, one of the predetermined number of parameters includes the winner of the sports event as determined by a handicap system;

    b) registering the choice form step a) on a wagering slip;

    c) establishing a second criteria based on an independent randomly generated data value; and

    d) attempting to match the independent randomly generated data value by choosing a selected multi-variable data value that is imprinted on the wagering slip;

    wherein, said multi-variable data value is selectively chosen from among one of the following choices;

         1) the specific choice of the wagerer; and

    ,

         2) the output of a random data generating device.

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