Method and system for placing a wager on a pari-mutuel event
First Claim
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1. For use only in a pari-mutuel wagering system, a system for aggregating wagers in a pari-mutuel betting pool having a minimum acceptable wager amount as required by a track for placement in which odds are changeable until the wagering pool closes and in which payouts are based only on exact matches, comprising:
- a display for presenting an individual as a single wagering opportunity the outcome of a wager in a pari-mutuel betting pool having a minimum acceptable wager amount in which odds are changeable until the wagering pool closes and in which payouts are based only on exact matches, the wager involving the picking of more than one horse, with the payout only upon an exact match of the picked horses;
an aggregator for aggregating pari-mutuel betting pool wagers from multiple players that would be less than the minimum acceptable wager amount as required by the track for placement; and
,a wager placing unit for placing the wagers so as to provide players with the ability to place wagers in various denominations where previously they would not have been accepted.
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Abstract
A method and system is provided to permit placing a wager on a pari-mutuel event in which expert handicapper'"'"'s prognoses are displayed to a player to permit them to formulate either simple or complicated exotic wagers, and to be able to aggregate a wager with those of other players to satisfy wagering minimums.
11 Citations
18 Claims
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1. For use only in a pari-mutuel wagering system, a system for aggregating wagers in a pari-mutuel betting pool having a minimum acceptable wager amount as required by a track for placement in which odds are changeable until the wagering pool closes and in which payouts are based only on exact matches, comprising:
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a display for presenting an individual as a single wagering opportunity the outcome of a wager in a pari-mutuel betting pool having a minimum acceptable wager amount in which odds are changeable until the wagering pool closes and in which payouts are based only on exact matches, the wager involving the picking of more than one horse, with the payout only upon an exact match of the picked horses; an aggregator for aggregating pari-mutuel betting pool wagers from multiple players that would be less than the minimum acceptable wager amount as required by the track for placement; and
,a wager placing unit for placing the wagers so as to provide players with the ability to place wagers in various denominations where previously they would not have been accepted. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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Specification