System and method for gaming based upon intermediate points in a race event

• US 7,306,514 B2
• Filed: 12/22/2004
• Issued: 12/11/2007
• Est. Priority Date: 06/28/2004
• Status: Active Grant

• Current Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Original Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Inventors: Amaitis, Lee M., Asher, Joseph M.
• Primary Examiner(s): Pezzuto, Robert E
• Application Number:
  US11/021,848
• Publication Number:
  US 20050288081A1
• Time in Patent Office: 1,084 Days
• Field of Search: 273/246, 273/237, 463/20, 463/17, 463/1, 463/12, 463/25, 345/30
• US Class Current: 463/6
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3239 Tracking of individual players
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

According to one embodiment, a method of gaming is provided that comprises receiving a determination of a particular race participant in a race event having a plurality of race participants. The method continues by determining a particular position of the particular race participant at each of a plurality of intermediate points within the race event. The method continues by determining a plurality of simulated playing cards based at least in part upon the determined positions of the particular race participant. The method concludes by determining an outcome of a game based at least in part upon the determined simulated playing cards.

Claims

1. A method, comprising:

receiving a determination of a particular race participant in a race event having a plurality of race participants;

determining a particular position of the particular race participant at each of a plurality of intermediate points within the race event;

determining a plurality of simulated playing cards based at least in part upon the determined positions of the particular race participant;

determining an outcome of a game based at least in part upon the determined simulated playing cards; and

communicating the outcome of the game to at least one customer.

2. The method of claim 1, wherein the particular race participant is determined randomly.

3. The method of claim 1, wherein the particular race participant is determined based on a customer selection.

4. The method of claim 1, further comprising determining a particular time of the particular race participant at each of the plurality of intermediate points within the race event, wherein determining the plurality of simulated playing cards is further based at least in part upon the determined times of the particular race participant.

5. The method of claim 4, wherein the determined positions and the determined times of the particular race participant are based upon intermediate results associated with the race event.

6. The method of claim 1, wherein determining a plurality of simulated playing cards comprises determining a value of a simulated playing card based at least in part upon the position of the particular race participant at an intermediate point within the race event.

7. The method of claim 6, wherein determining a value of the simulated playing card comprises mapping the position of the particular race participant to one of an ace, two, three, four, five, six, seven, eight, nine, ten, jack, queen, and king value.

8. The method of claim 4, wherein determining a plurality of simulated playing cards comprises determining a suit of a simulated playing card based at least in part upon the time of the particular race participant at an intermediate point within the race event.

9. The method of claim 8, wherein determining a suit of the simulated playing card comprises mapping a fractional value of the time of the particular race participant to one of a club suit, a heart suit, a diamond suit, and a spade suit.

10. The method of claim 1, wherein the game comprises a selected one of blackjack and poker.

11. The method of claim 1, wherein determining the plurality of simulated playing cards comprises:

determining a first simulated playing card based at least in part upon the position of the particular race participant at a first intermediate point; and

determining a second simulated playing card based at least in part upon the position of the particular race participant at a second intermediate point.

12. The method of claim 1, further comprising:

associating the determined plurality of simulated playing cards with a customer; and

associating a plurality of simulated playing cards with a house entity.

13. The method of claim 12, wherein:

the game comprises blackjack;

the number of simulated playing cards associated with the customer is based at least in part upon a command communicated by the customer; and

the number of simulated playing cards associated with the house entity is based at least in part upon rules associated with blackjack.

15. The method of claim 1, further comprising:

associating the determined plurality of simulated playing cards with a first customer; and

associating a plurality of simulated playing cards with a second customer.

16. The method of claim 15, wherein the game comprises poker, and further comprising:

determining a simulated hand of poker for the first customer based on at least a portion of the simulated playing cards associated with the first customer; and

determining a simulated hand of poker for the second customer based on at least a portion of the simulated playing cards associated with the second customer.

17. The method of claim 16, wherein the outcome of the game is determined by comparing the simulated hand of poker associated with the first customer and the simulated hand of poker associated with the second customer according to rules associated with poker.

18. The method of claim 17, wherein:

the first customer and the second customer comprise at least a portion of a subset of customers; and

a betting pool for a bet placed by the first customer is based at least in part upon the total bet amounts placed by the subset of customers.

19. The method of claim 17, wherein the second customer comprises a house entity.

20. The method of claim 1, further comprising:

receiving a bet regarding the outcome of the game;

determining a result for the bet; and

determining a pari-mutuel payout for the bet based at least in part upon the result for the bet.

21. The method of claim 1, further comprising determining a particular time of a lead race participant at each of the plurality of intermediate points within the race event, wherein determining the plurality of simulated playing cards is further based at least in part upon the determined times.

22. The method of claim 21, wherein determining a plurality of simulated playing cards comprises determining a suit of a simulated playing card based at least in part upon the time of the lead race participant at an intermediate point within the race event.

23. The method of claim 22, wherein determining a suit of the simulated playing card comprises mapping a fractional value of the time of the lead race participant to one of a club suit, a heart suit, a diamond suit, and a spade suit.

14. The method 12, wherein the outcome of the game is determined by comparing the plurality of simulated playing cards associated with the customer and the plurality of simulated playing cards associated with the house entity according to rules associated with blackjack.

24. A method, comprising:

receiving a determination of a particular race participant in a race event having a plurality of race participants;

determining a particular position of the particular race participant at each of a plurality of intermediate points within the race event;

determining a plurality of simulated playing cards based at least in part upon the determined positions of the particular race participant;

associating the determined plurality of simulated playing cards with a customer; and

determining an outcome of a bet by comparing the plurality of simulated playing cards associated with the customer and a plurality of simulated playing cards associated with a house entity according to rules associated with blackjack; and

communicating the outcome of the bet to the customer.

25. The method of claim 24, wherein the particular race participant is determined randomly.

26. The method of claim 24, wherein the particular race participant is determined based on a customer selection.

27. The method of claim 24, wherein the determined positions of the particular race participant are based upon intermediate results associated with the race event.

28. The method of claim 24, wherein determining a plurality of simulated playing cards comprises determining a value of a simulated playing card based at least in part upon the position of the particular race participant at an intermediate point within the race event.

29. The method of claim 28, wherein determining a value of the simulated playing card comprises mapping the position of the particular race participant to one of an ace, two, three, four, five, six, seven, eight, nine, ten, jack, queen, and king value.

30. The method of claim 24, wherein determining the plurality of simulated playing cards comprises:

determining a first simulated playing card based at least in part upon the position of the particular race participant at a first intermediate point; and

determining a second simulated playing card based at least in part upon the position of the particular race participant at a second intermediate point.

31. The method of claim 24, wherein the number of simulated playing cards associated with the customer is based at least in part upon a command communicated by the customer.

32. The method of claim 24, further comprising determining the plurality of simulated playing cards associated with the house entity based at least in part upon the position of another particular race participant at intermediate points within the race event.

33. The method of claim 24, further comprising determining a pari-mutuel payout for the bet based at least in part upon an amount of the bet.

34. A method, comprising:

receiving a determination of a particular race participant in a race event having a plurality of race participants;

determining a particular position of the particular race participant at each of a plurality of intermediate points within the race event;

determining a plurality of simulated playing cards based at least in part upon the determined positions of the particular race participant;

associating the determined plurality of simulated playing cards with a first customer;

determining a simulated hand of poker for the first customer based on at least a portion of the simulated playing cards associated with the first customer

determining an outcome of a bet by comparing the simulated hand of poker associated with the first customer and a simulated hand of poker associated with a second customer according to rules associated with poker; and

communicating the outcome of the bet to at least one of the first customer and the second customer.

35. The method of claim 34, wherein the particular race participant is determined randomly.

36. The method of claim 34, wherein the particular race participant is determined based on a customer selection.

37. The method of claim 34, further comprising determining a particular time of the particular race participant at each of the plurality of intermediate points within the race event, wherein determining the plurality of simulated playing cards is further based at least in part upon the determined times of the particular race participant.

38. The method of claim 37, wherein the determined positions and the determined times of the particular race participant are based upon intermediate results associated with the race event.

39. The method of claim 34, wherein determining a plurality of simulated playing cards comprises determining a value of a simulated playing card based at least in part upon the position of the particular race participant at an intermediate point within the race event.

40. The method of claim 39, wherein determining a value of the simulated playing card comprises mapping the position of the particular race participant to one of an ace, two, three, four, five, six, seven, eight, nine, ten, jack, queen, and king value.

41. The method of claim 37, wherein determining a plurality of simulated playing cards comprises determining a suit of a simulated playing card based at least in part upon the time of the particular race participant at an intermediate point within the race event.

42. The method of claim 41, wherein determining a suit of the simulated playing card comprises mapping a fractional value of the time of the particular race participant to one of a club suit, a heart suit, a diamond suit, and a spade suit.

43. The method of claim 34, wherein determining the plurality of simulated playing cards comprises:

determining a first simulated playing card based at least in part upon the position of the particular race participant at a first intermediate point; and

determining a second simulated playing card based at least in part upon the position of the particular race participant at a second intermediate point.

44. The method of claim 34, further comprising:

associating a plurality of simulated playing cards with the second customer; and

determining the simulated hand of poker for the second customer based on at least a portion of the simulated playing cards associated with the second customer.

45. The method of claim 34, wherein:

the first customer and the second customer comprise at least a portion of a subset of customers; and

a betting pool for a bet placed by the first customer is based at least in part upon the total bet amounts placed by the subset of customers.

46. The method of claim 34, wherein the second customer comprises a house entity.

47. The method of claim 34, further comprising determining a pari-mutuel payout for the bet based at least in part upon an amount of the bet.

48. The method of claim 34, further comprising determining a particular time of a lead race participant at each of the plurality of intermediate points within the race event, wherein determining the plurality of simulated playing cards is further based at least in part upon the determined times.

49. The method of claim 48, wherein determining a plurality of simulated playing cards comprises determining a suit of a simulated playing card based at least in part upon the time of the lead race participant at an intermediate point within the race event.

50. The method of claim 49, wherein determining a suit of the simulated playing card comprises mapping a fractional value of the time of the lead race participant to one of a club suit, a heart suit, a diamond suit, and a spade suit.