US 7,454,380 B2 · Systems and methods for placing parimutuel wagers on future events

Abstract

An interactive wagering application is provided that allows users to place parimutuel wagers on future events. An interactive wagering system may enable the user to place a wager on the future event by providing multiple wagering pools. When a future event wagering pool is closed, final odds and payouts may be determined for that wagering pool and a new wagering pool, for the same future event, may be made available. The interactive wagering application may also monitor the user's activities to create a user profile. The interactive wagering application may use the user profile to find future race events that may be of interest to the user. The interactive wagering application may also provide the user with the ability to search for future races according to the future race date, race name, or any other suitable criteria.

Claims32

Dependent claims

A method for wagering on a future race using an interactive wagering system, comprising:

providing a user with the ability to place a wager in a first parimutuel wagering pool for the future race;
providing the user with the ability to select a wager type for the wager from a plurality of different wager types;
and
using the interactive wagering system to provide a second parimutuel wagering pool for the future race, wherein (a) the second parimutuel wagering pool is separate from the first parimutuel wagering pool whereby odds of the first parimutuel are calculated using only wagers placed in the first parimutuel wagering pool and odds of the second parimutuel wagering pool are calculated using only wagers placed in the second parimutuel wagering pool, (b) the first and second parimutuel wagering pools accept wagers of the same selected type, and (c) the second parimutuel wagering pool closes after the first parimutuel wagering pool closes.

1 more element

Dependencies are inferred from the claim text.

Systems and methods for placing parimutuel wagers on future events

Life of this patent

Systems and methods for placing parimutuel wagers on future events

Life of this patent

Abstract

Claims32