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Real time parimutuel wagering system and method

  • US 8,491,378 B1
  • Filed: 08/18/2010
  • Issued: 07/23/2013
  • Est. Priority Date: 08/19/2009
  • Status: Active Grant
First Claim
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1. A wagering server system for providing pari-mutuel wagering on a large number of entrants, said wagering server system comprising:

  • a. a wagering application configured for administration of pari-mutuel wagering;

    said wagering application comprising a first tournament object configured to initialize into at least one first tournament component;

    said first tournament component configured to represent a first real-world contested event having a large number of entrants (LNE);

    said LNE comprising not less than about 16 entrants;

    b. said wagering application further comprising a first player object, said first player object configured to initialize into a first plurality of player entrant components not less than said LNE in said first real-world contested event;

    each of said first plurality of player entrant components comprising player entrant attributes;

    each of said first plurality of player entrant components affiliated with said first tournament component;

    c. said first set of player entrant components further comprising a first set of individual entrant components and a first set of group entrant components;

    d. said player entrant attributes comprising;

    an age attribute, a location attribute, a ranking attribute, a pre-cuts odds attribute, a post-cuts odds attribute, an entrant I.D. attribute;

    a player ID game-play attribute;

    e. a sensory application interoperating with a plurality of sensors located at said first real world contested event;

    said plurality of sensors configured to generate a plurality of readable data component digital signals when interoperating with a plurality of readable data components;

    f. said wagering application further comprising a game-play component configured to receive said plurality of readable data component digital signals providing a means for real time wagering of said first real world contested event.

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