Systems and methods for providing fixed-odds and pari-mutuel wagering
First Claim
1. A method for a user at user equipment to interactively wager on races with an interactive wagering application implemented using the user equipment, comprising:
- providing the user with the ability to create a wager;
providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
providing the user with the ability to select a conditional wager option, wherein when the user selects the conditional wager option, the wager is submitted to the fixed-odds book when the wager is not accepted by the pari-mutuel pool and the wager is submitted to the pari-mutuel pool when the wager is not accepted by the fixed-odds book.
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0 Petitions
Accused Products
Abstract
The present invention provides systems and methods for providing a user with the ability to submit a wager to a fixed-odds book or a pari-mutuel pool using an interactive wagering application. A conditional wagering option is provided. When the user selects a conditional wagering option, the interactive wagering application may automatically submit the wager to an alternative wager option (e.g., a fixed-odds book or a pari-mutuel pool) if the wager is rejected by the user'"'"'s selected wager option. The interactive wagering application may notify the user of the status of the submitted wager.
204 Citations
52 Claims
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1. A method for a user at user equipment to interactively wager on races with an interactive wagering application implemented using the user equipment, comprising:
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providing the user with the ability to create a wager;
providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
providing the user with the ability to select a conditional wager option, wherein when the user selects the conditional wager option, the wager is submitted to the fixed-odds book when the wager is not accepted by the pari-mutuel pool and the wager is submitted to the pari-mutuel pool when the wager is not accepted by the fixed-odds book. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
submitting the wager to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book;
determining whether the wager is accepted by the fixed-odds book; and
automatically submitting the wager to the pari-mutuel pool when the conditional wager option is selected and when the wager is not accepted by the fixed-odds book.
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11. The method defined in claim 1 further comprising submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool.
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12. The method defined in claim 1 further comprising:
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submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determining whether the wager is accepted by the pari-mutuel pool; and
automatically submitting the wager to the fixed-odds book when the conditional wager option is selected and when the wager is not accepted by the pari-mutuel pool.
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13. An interactive wagering system for allowing a user to place wagers on races, comprising:
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means for providing the user with the ability to create a wager;
means for providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
means for providing the user with the ability to select a conditional wager option, wherein when the user selects the conditional wager option, the wager is submitted to the fixed-odds book when the wager is not accepted by the pari-mutuel pool and the wager is submitted to the pari-mutuel pool when the wager is not accepted by the fixed-odds book. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
means for submitting the wager to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book;
means for determining whether the wager is accepted by the fixed-odds book; and
means for automatically submitting the wager to the pari-mutuel pool when the conditional wager option is selected and the wager is not accepted by the fixed odds book.
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23. The method defined in claim 13 further comprising means for submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool.
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24. The method defined in claim 13 further comprising:
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means for submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
means for determining whether the wager is accepted by the pari-mutuel pool; and
means for automatically submitting the wager to the fixed-odds book when the conditional wager option is selected and when the wager is not accepted by the pari-mutuel pool.
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25. An interactive wagering system for allowing a user to place wagers on races, the interactive wagering system configured to:
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provide the user with the ability to create a wager;
provide the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
provide the user with the ability to select a conditional wager option, wherein when the user selects the conditional wager option, the wager is submitted to the fixed-odds book when the wager is not accepted by the pari-mutuel pool and the wager is submitted to the pari-mutuel pool when the wager is not accepted by the fixed-odds book. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36)
submit the wager to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book;
determine whether the wager is accepted by the fixed-odds book; and
automatically submit the wager to the pari-mutuel pool when the conditional wager option is selected and when the wager is not accepted by the fixed odds book.
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35. The interactive wagering system of claim 25 further configured to submit the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool.
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36. The interactive wagering system of claim 25 further configured to:
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submit the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determine whether the wager is accepted by the pari-mutuel pool; and
automatically submit the wager to the fixed-odds book when the conditional wager option is selected and when the wager is not accepted by the pari-mutuel pool.
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37. Computer readable medium having computer program logic recorded thereon for:
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providing a user with the ability to create a wager;
providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
providing the user with the ability to select a conditional wager option, wherein when the user selects the conditional wager option, the wager is submitted to the fixed-odds book when the wager is not accepted by the pari-mutuel pool and the wager is submitted to the pari-mutuel pool when the wager is not accepted by the fixed-odds book. - View Dependent Claims (38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48)
submitting the wager to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book;
determining whether the wager is accepted by the fixed-odds book; and
automatically submitting the wager to the pari-mutuel pool when the conditional wager option is selected and when the wager is not accepted by the fixed odds book.
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47. The computer readable medium of claim 37 further comprising computer program logic for submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool.
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48. The computer readable medium of claim 37 further comprising computer program logic for:
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submitting the wager to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determining whether the wager is accepted by the pari-mutuel pool; and
automatically submitting the wager to the fixed-odds book when the conditional wager option is selected and when the wager is not accepted by the pari-mutuel pool.
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49. A method for a user to interactively wager on races with an interactive wagering application implemented using the user equipment, comprising:
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providing the user with the ability to create a wager;
providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
submitting the wager (a) to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book and (b) to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determining whether the wager is accepted; and
automatically providing the user with the ability to submit the wager (a) to the pari-mutuel pool when the wager is not accepted by the fixed-odds book and (b) to the fixed-odds book when the wager is not accepted by the pari-mutuel pool.
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50. An interactive wagering system for allowing a user to place wagers on races, comprising:
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means for providing the user with the ability to create a wager;
means for providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
means for submitting the wager (a) to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book and (b) to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
means for determining whether the wager is accepted; and
means for automatically providing the user with the ability to submit the wager (a) to the pari-mutuel pool when the wager is not accepted by the fixed-odds book and (b) to the fixed-odds book when the wager is not accepted by the pari-mutuel pool.
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51. An interactive wagering system for allowing a user to place wagers on races, the interactive wagering system configured to:
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provide the user with the ability to create a wager;
provide the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
submit the wager (a) to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book and (b) to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determine whether the wager is accepted; and
automatically provide the user with the ability to submit the wager (a) to the pari-mutuel pool when the wager is not accepted by the fixed-odds book and (b) to the fixed-odds book when the wager is not accepted by the pari-mutuel pool.
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52. Computer readable medium having computer program logic recorded thereon for:
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providing the user with the ability to create a wager;
providing the user with the ability to select whether the wager is to be submitted to a fixed-odds book or to a pari-mutuel pool;
submitting the wager (a) to the fixed-odds book when the wager is selected to be submitted to the fixed-odds book and (b) to the pari-mutuel pool when the wager is selected to be submitted to the pari-mutuel pool;
determining whether the wager is accepted; and
automatically providing the user with the ability to submit the wager (a) to the pari-mutuel pool when the wager is not accepted by the fixed-odds book and (b) to the fixed-odds book when the wager is not accepted by the pari-mutuel pool.
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Specification