System and method for generating and placing combination bets
First Claim
1. A method for generating and receiving a combination bet, the method implemented on one or more computer including one or more processors, the method comprising:
- establishing a plurality of betting events;
receiving, via a user interface operatively coupled to the one or more computers, a total wager amount;
randomly selecting a subset of said plurality of betting events;
verifying, via at least one of said processors, that each event in said subset has not occurred;
accepting said combination bet; and
determining, via at least one of said processors, whether said combination bet is a winner.
2 Assignments
0 Petitions
Accused Products
Abstract
A method and system for generating and receiving a combination bet may include presenting a plurality of betting events in a display resembling a slot machine. In one embodiment, the user may place a total wager for a combination bet prior to knowing what the betting events are. Placing the bet may “spin” the reels to randomly generate a plurality of betting events, and success in the combination bet may require that each individual bet is a winner. In another embodiment, the user may be able to “spin” the reels prior to placing the bet. Betting events still may be randomly generated, but the user may have the ability to select the events on which to wager. Events may comprise in-live sporting events, and the user may have the ability to select various event features, such as the type of events displayed and the odds for each event, in order to customize the betting experience to the user'"'"'s interests and risk tolerance.
25 Citations
20 Claims
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1. A method for generating and receiving a combination bet, the method implemented on one or more computer including one or more processors, the method comprising:
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establishing a plurality of betting events; receiving, via a user interface operatively coupled to the one or more computers, a total wager amount; randomly selecting a subset of said plurality of betting events; verifying, via at least one of said processors, that each event in said subset has not occurred; accepting said combination bet; and determining, via at least one of said processors, whether said combination bet is a winner. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method operable on one or more computers, each computer including a processor, for generating and receiving a combination bet, comprising:
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establishing a plurality of betting events; randomly selecting, via a processor, a first subset of events from said plurality of betting events; displaying said first subset of events to a user on a screen operatively coupled to a computer; processing, via a processor, a request from said user to keep or discard one or more events within said subset; randomly selecting, via a processor, a second subset of events from said plurality of betting events; replacing discarded events with said second subset of events; establishing a combination bet comprising kept events from said first subset and said second subset; and receiving a wager for said combination bet. - View Dependent Claims (9, 10, 11, 12, 13, 14, 15)
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16. A system for generating and receiving a combination bet, comprising:
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a user interface for displaying a plurality of betting events, wherein said events are arranged to resemble a plurality of slot machine reels, and a combination bet comprises combining a bet from each reel such that the system is configured for a combination bet to be successful if each bet for each of said events is successful; said user interface further comprising;
a toggle for adjusting a bet amount and status indicators for each displayed betting event; anda database for storing information relating to said plurality of betting events. - View Dependent Claims (17, 18, 19, 20)
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Specification