Method and system for conducting concurrent multi-venue multi-race multi-outcome progressive pari-mutuel wagering

• US 8,616,947 B1
• Filed: 04/20/2010
• Issued: 12/31/2013
• Est. Priority Date: 04/20/2010
• Status: Expired due to Fees

• Current Assignee: ProPick Racing, LLC
• Original Assignee: Anthony Delisle Fontaine, Michael Jay Staw
• Inventors: Fontaine, Anthony deLisle, Staw, Michael Jay
• Primary Examiner(s): Ahmed, Masud
• Application Number:
  US12/763,556
• Time in Patent Office: 1,351 Days
• Field of Search: 463/6, 463/25, 463/28, 463/16, 273/139
• US Class Current: 463/6
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3262 Player actions which determine the course of the game, e.g. selecting a prize to be won, outcome to be achieved, game to be played
• CPC Class Codes: G07F 17/3272 Games involving multiple players
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A method and system for conducting concurrent multi-venue multi-race, multi-outcome, progressive pari-mutuel wagering allows players to pick the favorite in a prespecified number of races to win, place, and/or show. Players can pick manually, pick specific rows or columns, or utilize quick picks. Pools are seeded, wagers are pooled, and pool winners split pools. When pools aren'"'"'t won, the amount in the pools transfer to the next pool. An operator interface allows specification of pool and pick types, pool size, ticket price, and pool distribution, including allocation of pool seed, progressive, and operator take.

Claims

1. A method of conducting concurrent multi-venue multi-race multi-outcome progressive pari-mutuel wagering comprising:

receiving by an application on a computing device a selection of a plurality of events from a player, the selection of the plurality of events being selected from a pre specified set of selectable events for a multi-venue, multi-race wager, each of the pre specified set of selectable events automatically selected by the application from future events and being a predicted result of a race for a runner, each pre specified set of selectable events containing results of runners from races at a plurality of venues, the selected events associated with one or more of the plurality of the venues;

receiving a wager by the application on the computing device from the player on the selected plurality of events for that player;

determining by the application whether the player was a winner of the wager based on results from at least one of the selected plurality of events; and

providing a reward to the player if the player was determined to be a winner.

2. The method in claim 1 which further comprises:

presenting the player with a selection matrix of selectable events as the pre specified set of selectable events that allows the player to select the plurality of events from the selection matrix, said selection matrix of selectable events being displayed for selection as a plurality of rows and plurality of columns of selectable events, the pre-specified set of selectable events selected from a morning entry which includes a list of entries for a race meet and the probable odds on each entry that is posted before the betting begins, or by the current odds at the time the race meet becomes available for inclusion in the wager.

3. The method in claim 2 wherein:

the selection matrix provides for a selection of an entire row of selectable events as the selected plurality of events; and

the selection matrix provides for a selection of an entire column of selectable events as the selected plurality of events.

4. The method in claim 2 wherein:

the selection matrix provides for a random selection of the plurality of events as the selected plurality of events.

5. The method in claim 1 which further comprises:

establishing a pool containing wagers from at least one player for the pre-specified set of selectable events;

adding the wager of the player to the pool; and

splitting the pool among winners of the pre specified set of selectable events.

6. The method in claim 5 wherein:

a plurality of pools are established for a corresponding plurality of pre specified sets of selectable events;

at least a portion of pools that do not have winners are rolled into later pools.

7. The method in claim 6 wherein:

the corresponding plurality of pre specified sets of selectable events contain a rolling set of selectable events, with different sets containing selectable events for at least some different races.

8. The method in claim 6 which further comprises:

seeding pools that do not have a minimum size from rollovers from other pools.

9. The method in claim 1 wherein:

each event in the pre specified set of selectable events is selected from a set consisting of winning, showing, and placing in a pre specified race for a pre specified runner.

10. The method in claim 1 wherein:

the runners in the pre specified set of selectable events are the favorites for their respective races.

11. A system for conducting concurrent multi-venue multi-race multi-outcome progressive pari-mutuel wagering comprising:

a computer system containing a processor and a computer readable medium containing software instructions executable by the processor for;

receiving by an application on a computing device a selection of a plurality of events from a player, the selection of the plurality of events being selected from a pre specified set of selectable events for a multi-venue, multi-race wager, each of the pre specified set of selectable events automatically selected by the application from future events and being a predicted result of a race for a runner, each pre specified set of selectable events containing results of runners from races at a plurality of venues, the selected events associated with one or more of the plurality of the venues;

receiving a wager by the application on the computing device from the player on the selected plurality of events for that player;

determining by the application whether the player was a winner of the wager based on results from at least one of the selected plurality of events; and

providing a reward to the player if the player was determined to be a winner.

12. The system in claim 11 wherein the software instructions further provide for:

presenting the player with a selection matrix of selectable events as the pre specified set of selectable events that allows the player to select the plurality of events from the selection matrix, said selection matrix of events being displayed for selection as a plurality of rows and plurality of columns of selectable events.

13. The system in claim 12 wherein:

the selection matrix provides for a selection of an entire row of selectable events as the selected plurality of events; and

the selection matrix provides for a selection of an entire column of selectable events as the selected plurality of events.

14. The system in claim 12 wherein:

the selection matrix provides for a random selection of the plurality of events as the selected plurality of events.

15. The system in claim 11 wherein the software instructions further provide for:

establishing a pool containing wagers from at least one player for the pre-specified set of selectable events;

adding the wager of the player to the pool; and

splitting the pool among winners of the pre specified set of selectable events.

16. The system in claim 15 wherein:

a plurality of pools are established for a corresponding plurality of pre specified sets of selectable events;

at least a portion of pools that do not have winners are rolled into later pools.

17. The system in claim 16 wherein:

the corresponding plurality of pre specified sets of selectable events contain a rolling set of selectable events, with different sets containing selectable events for at least some different races.

18. The system in claim 16 wherein the software instructions further provide for:

seeding pools that do not have a minimum size from rollovers from other pools.

19. The system in claim 11 wherein:

each event in the pre specified set of selectable events is selected from a set consisting of winning, showing, and placing in a pre specified race for a pre specified runner.

20. The system in claim 11 wherein:

the runners in the pre specified set of selectable events are the favorites for their respective races.

21. A system for conducting concurrent multi-venue multi-race multi-outcome progressive pari-mutuel wagering comprising:

a totalisator that accepts race results from a plurality of race venues;

a tote interface database for storing results from the totalisator; and

a multi-venue application server coupled to the tote interface database, said multi-venue application server providing multi-venue administration and a multi-venue interface, the multi-venue application server including one or more applications executable by a processor to;

receive a selection of a plurality of events from a player, the selection of the plurality of events being selected from a pre specified set of selectable events for a multi-venue, multi-race wager, each of the pre specified set of selectable events automatically selected from future events and being a predicted result of a race for a runner, each pre specified set of selectable events containing results of runners from races at a plurality of venues, the selected events associated with one or more of the plurality of the venues,

receive a wager from the player on the selected plurality of events for that player,

determine whether the player was a winner of the wager based on results from at least one of the selected plurality of events, and

determine a reward to the player if the player was determined to be a winner.

22. The system in claim 21 wherein the multi-venue user interface comprises:

a system for displaying multi-venue wagers;

a system for transmitting and receiving wager information; and

a system for updating the displaying of multi-venue wagers.

23. The system in claim 21 wherein the multi-venue user interface comprises a communications subsystem for communicating with a set comprising mobile devices, and personal computers.

24. The system in claim 21 which further comprises:

a system for defining wagers; and

an input device coupled to the system for defining wagers.