Method for wagering

• US 20050187000A1
• Filed: 02/23/2004
• Published: 08/25/2005
• Est. Priority Date: 02/23/2004
• Status: Abandoned Application

• Current Assignee: Cantor Index LLC
• Original Assignee: Cantor Index LLC
• Inventors: Miller, Kenneth L.
• Application Number:
  US10/784,353
• Publication Number:
  US 20050187000A1
• Time in Patent Office: Days
• US Class Current: 463/6
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A new and unique method of gambling on horse races uses a predetermined number of races for the game. Preferably, the number of races in the game is significantly lower than the number of races in the racing event. The player then selects which races in the event to use for the game, selects which horses the player believes will win his selected races and places a bet on those horses. The races that the player uses for the game are not determined by the racetrack operators and need not be in consecutive order. Therefore, the player can play again if his selected winner loses. The player may continue to play the game so long as there are equal to or more than the predetermined number of races remaining. Winning players can be paid in a variety of ways and payments can be broken down to pay players whose selections all won and players whose selection did not all win.

Claims

1. A method of gambling on horse races, the method comprising:

selecting a number for the quantity of an event'"'"'s races to be included in a game;

allowing a player to chose which of an event'"'"'s races the player wants to use for the number of races selected;

allowing the player to select the winners of the races the player has chosen; and

paying the player if the player'"'"'s winners win the races the player has chosen.

2. The method of gambling on horse races of claim 1 wherein the number selected for the quantity of the event'"'"'s races to be included in the game is less than the number of races in the event.

3. The method of gambling on horse races of claim 2 wherein the number is five.

4. The method of gambling on horse races of claim 1 wherein the player is paid if the player'"'"'s winners win all of the races in the game.

5. The method of gambling on horse races of claim 1 wherein the player is paid if the player'"'"'s winners win some of the races in the game.

6. A wager for betting on horse races, the wager comprising:

being informed that X number of races are to be included in the wager, where X is a number less than the total number of races in an event;

selecting which races in the racing event to use in the wager;

selecting the winners for X number of races in the event; and

placing a wager on the winners selected for the X number of races in the event.

7. The wager for betting on horse races of claim 6 wherein the X number of races are not run consecutively.

8. The wager for betting on horse races of claim 6 wherein the wager is for a minimum of one dollar.

9. A computer assisted method for administering betting on a plurality of races within a racing event using a computer for assistance, comprising:

publishing the racing event to a plurality of players for use in a betting wager;

receiving a selection of a subset of the plurality of races within the racing event from each of the plurality of players;

receiving a selection of a predicted winner for each race within the subset from the plurality of players;

receiving an amount of money associated with the selection of the subset of races and selection of predicted winners for each race within the subset from each of the plurality of players;

pooling at least a portion of each amount of money to form a pool;

receiving results from each race within the racing event;

identifying winners by determining if one or more players of the betting group correctly selected each winner for each race within the subset;

returning at least a portion of the money within the pool to one or more of the winners if one or more winners exist.

10. The computer assisted method of claim 9 wherein the selection of the subset of the plurality of races and the selection of predicted winners for each race within the subset is associated with a game card.

11. The computer assisted method of claim 10 wherein data on the game card is transferred to the computer.

12. The computer assisted method of claim 9 wherein the results of each race within the racing event are input into the computer.

13. The computer assisted method of claim 9 wherein at least one of the subsets of races is a subset of nonconsecutive races.