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Systems and methods for betting pools

  • US 9,070,257 B1
  • Filed: 04/11/2014
  • Issued: 06/30/2015
  • Est. Priority Date: 04/11/2014
  • Status: Active Grant
First Claim
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1. A method comprising:

  • establishing, by a digital device, a betting pool, the betting pool being associated with a plurality of pool participants and with a plurality of real-life events scheduled to occur over a time period;

    associating, by the digital device, each participant of the plurality of pool participants with points in a points account; and

    for a first participant of the plurality of pool participants;

    receiving, by the digital device, a first points wager on a first predicted outcome of a first real-life event of the plurality of real-life events, the first points wager being for at least a first subset of the points in the points account,updating, by the digital device, the points in the points account based on the first points wager and on a first actual outcome of the first real-life event,receiving, by the digital device, a second points wager on a second predicted outcome of a second real-life event of the plurality of real-life events, the second points wager being for at least a second subset of the points in the points account, andupdating, by the digital device, the points in the points account based on the second points wager and on a second actual outcome of the second real-life event.

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