Pari-mutuel wagering combined with random-generated numbers for generating jackpots with a random draw

• US 8,556,711 B2
• Filed: 09/29/2011
• Issued: 10/15/2013
• Est. Priority Date: 09/29/2011
• Status: Active Grant

• Current Assignee: David Bernsen
• Original Assignee: David Bernsen
• Inventors: Bernsen, David
• Primary Examiner(s): Laneau, Ronald
• Application Number:
  US13/248,773
• Publication Number:
  US 20130084968A1
• Time in Patent Office: 747 Days
• Field of Search: 463 16- 25, 463 28- 30
• US Class Current: 463/28
• CPC Class Codes: G07F 17/3244 Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A method for wagering may include accepting bets for wagered sums from a plurality of bettors based on each bettor'"'"'s selected expected outcome of a pari-mutuel event and assigning one or more of a predetermined quantity of randomly generated numbers to each bettor'"'"'s bet. A portion of the wagered sums may be assigned to a jackpot pool. Event-winning bettors may be paid a calculated pari-mutuel sum after the event if the bettor'"'"'s selected outcome occurs. A drawing may be conducted from among the predetermined quantity of randomly generated numbers. At least a portion of the jackpot may be paid to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor; and if not, carrying over the jackpot to a subsequent event thereby increasing the value of the potential wager to the bettor.

Claims

1. A computerized method for wagering comprising the steps of:

accepting bets for wagered sums from a plurality of bettors based on each bettor'"'"'s selected expected outcome of a pari-mutuel event;

assigning, at a processing computer, one or more of a predetermined quantity of randomly generated numbers to each bettor'"'"'s bet;

assigning, at the processing computer, a portion of the wagered sums to a jackpot pool;

paying event-winning bettors a calculated pari-mutuel sum after the event if the bettor'"'"'s selected outcome occurs;

conducting a drawing at the processing computer from among the predetermined quantity of randomly generated numbers;

paying at least a portion of the jackpot to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor.

2. The method of claim 1 further comprising the step of retaining any remaining sum in the jackpot pool if no match occurs between the drawn number and an assigned number of any event-winning bettors.

3. The method of claim 1 wherein the event is a horse race.

4. The method of claim 3 wherein the expected selected outcome is an order of finish of two or more horses.

5. The method of claim 1 wherein the quantity of randomly generated numbers assigned to a bettor is determined by the amount of the bettor'"'"'s wagered sum.

6. The method of claim 5 wherein a minimum bet is any amount established by the operator of the wager and a randomly generated number is assigned to the bettor for each minimum unit of the wagered sum.

7. The method of claim 1 wherein the portion of wagered sums assigned to the jackpot pool is not diminished by takeout.

8. A system for wagering comprising:

one or more wager acceptance sites configured to accept bets for wagered sums from a plurality of bettors based on each bettor'"'"'s selected expected outcome of a pari-mutuel event and for paying event-winning bettors a calculated pari-mutuel sum after the event if the bettor'"'"'s selected outcome occurs; and

a processing computer configured to assign one or more of a predetermined quantity of randomly generated numbers to each bettor'"'"'s bet, assign a portion of the wagered sums to a jackpot pool, conduct a drawing from among the predetermined quantity of randomly generated numbers so that at least a portion of the jackpot is paid to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor.

9. The system of claim 8 wherein the processing computer is configured to assign the portion of the wagered sums to the jackpot pool without subtracting takeout from the portion.

10. The system of claim 8 wherein the wager acceptance sites are configured to accept wagers from a bettor'"'"'s advanced wager deposit account.