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Conducting a jackpot race event

  • US 8,708,789 B2
  • Filed: 05/10/2010
  • Issued: 04/29/2014
  • Est. Priority Date: 07/26/2005
  • Status: Active Grant
First Claim
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1. A computer betting system, comprising:

  • a processor and a memory, being programmed to receive a bettor'"'"'s bet on a first race event, the processor being programmed to implement terms of the bet;

    the processor is programmed to respond to a determination that when the bet is a winning bet in the first race event and the bet is qualified to participate in a jackpot arrangement, to allocate at least a portion of a payout associated with the qualified winning bet to a jackpot pool within the jackpot arrangement, and the bettor is to be given a bet on a first jackpot event;

    if the bettor'"'"'s bet on the first jackpot event is a winning jackpot bet, a portion of the jackpot pool is to be allocated to the bettor; and

    if there are no winning bets for the first jackpot event, the jackpot pool is to be allocated to a pool for a second jackpot event.

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