Method and apparatus to execute bets

• US 7,070,499 B2
• Filed: 09/06/2002
• Issued: 07/04/2006
• Est. Priority Date: 09/07/2001
• Status: Expired due to Fees

• Current Assignee: Fernando Vicente Ruiz Ocampo
• Original Assignee: Fernando Vicente Ruiz Ocampo
• Inventors: Ocampo, Fernando Vicente Ruiz
• Primary Examiner(s): BROCKETTI, JULIE K
• Application Number:
  US10/236,814
• Publication Number:
  US 20030119582A1
• Time in Patent Office: 1,397 Days
• Field of Search: 463 40- 42, 463 11- 26, 463/6, 463/28, 273/148.B
• US Class Current: 463/6
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A method and apparatus are provided to execute bets that includes a plurality of buttons for creating derivative bets that modify an initial combination of groups of competitors to create derivative combinations of an original bet. The method and apparatus of the present invention incorporate new functions that make it easier for a bettor to enter and register wagers. The entering and registration of pari-mutuel wagers is made easier by the apparatus and method of the present invention.

Claims

1. An apparatus to make bets, comprising:

a plurality of buttons for selecting a type of bet, wherein each button represents a different type of bet;

a plurality of buttons for selecting competitors;

a plurality of buttons for selecting an initial combination of groups of competitors to finish in particular places for creating an original bet; and

a plurality of buttons for creating derivative bets, said buttons for creating derivative bets modifying the initial combination of groups of competitors to create derivative combinations of said original bet,

wherein the buttons for modifying the initial combination to create derivative bets include a button for transforming a superfecta bet into a trifecta bet and vice-versa, wherein a trifecta bet is transformed into a superfecta bet by repeating for fourth place finishes the same group of competitors previously selected to finish in third place, and wherein a superfecta bet is transformed into a trifecta bet by incorporating into the group of competitors previously chosen to finish in third place those competitors chosen to finish in fourth place that are missing from the group chosen to finish in third.

2. A method to execute bets using an apparatus for making bets, said apparatus including a plurality of buttons for selecting a type of original bet, wherein each button represents a different type of bet;

a plurality of buttons for selecting competitors, wherein each button represents a different competitor;

a plurality of buttons for selecting an initial combination of groups of competitors to finish in particular places for the original bet; and

a plurality of buttons for creating derivative bets, said buttons for creating derivative bets modifying the initial combination of groups of competitors to create derivative combinations of said original bet, said method comprising;

selecting a type of original bet with the apparatus; and

selecting an initial combination of groups of competitors to finish in particular places with the apparatus,

further comprising transforming, through use of the apparatus, a superfecta bet into a trifecta bet and/or vice-versa, wherein a trifecta bet is transformed into a superfecta bet by repeating for fourth place finishes the same group of competitors previously selected to finish in third place, and wherein a superfecta bet is transformed into a trifecta bet by incorporating into the group of competitors previously chosen to finish in third place those competitors chosen to finish in fourth place that are missing from the group chosen to finish in third.