Casino/lottery/sports styled wagers and games for parimutuel racing operations
OwnerLawrence A. Krause, Kenneth A. Scottinventors
Life of this patent
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Abstract
A method of application of popular casino, lottery, and sports games formatted and modified specifically for the parimutuel race industry. The invention games possess unique rules and formats to govern their play within parimutuel race wagering while reflecting existing games from casinos, lotteries and sports. Wagers are placed electronically with parimutuel race operators who retain a percentage of all bets as determined by individual state law. Outcomes of the invention games are determined by their unique rules and interpretation of current parimutuel racing results.
Claims20
A method of wagering on pari-mutual race having a predetermined number of participants, each participant having a corresponding numerical indicia assigned thereto, comprising the steps of:
- selecting at least two numbers prior to the race which correspond to the participants therein and providing same as selected positions;
- determining an order of finish of the participants after the race;
- and
- comparing the numerical indicia of each participant which finishes the race in the selected positions and a predetermined numerical characteristic.
- distributing a payout if the numerical indicia of each participant which finishes the race in the selected positions has the predetermined numerical characteristic.
A method of wagering on pari-mutual race having a predetermined number of participants, each participant having a corresponding numerical indicia assigned thereto, comprising the steps of:
- selecting two numbers prior to the race which correspond to positions of two of the participants upon completion of the race and providing same as selected positions;
- determining an order of finish of the participants upon completion of the race;
- and
- combining the numerical indicias of the participants which finish the race in the selected positions and providing the same as a two-digit number.
A method of wagering on parimutuel race having a predetermined number of participants, each participant sequentially numbered with numerical indicia, comprising the steps of:
- selecting four pairs of positions prior to the race which correspond to possible positions of the participants upon completion of the race;
- providing a plurality of players, each player placing a wager on four two-digit numbers prior to the race;
- selecting four pairs of positions prior to the race which correspond to possible positions of the participants upon completion of the race;
- determining an order of finish of the participants upon completion of the race;
- combining the numerical indicias of the participants which finish the race in each pair of positions and providing the same as four winning two-digit numbers;
- and
- distributing a payout each player that wagered on at least two of the four winning two-digit numbers prior to the race.
Dependencies are inferred from the claim text.