Pari-mutuel wagering combined with random-generated numbers for generating jackpots with a random draw
OwnerDavid Bernseninventor
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OwnerDavid Bernseninventor
Estimating the term…
A method for wagering may include accepting bets for wagered sums from a plurality of bettors based on each bettor's selected expected outcome of a pari-mutuel event and assigning one or more of a predetermined quantity of randomly generated numbers to each bettor's bet. A portion of the wagered sums may be assigned to a jackpot pool. Event-winning bettors may be paid a calculated pari-mutuel sum after the event if the bettor's selected outcome occurs. A drawing may be conducted from among the predetermined quantity of randomly generated numbers. At least a portion of the jackpot may be paid to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor; and if not, carrying over the jackpot to a subsequent event thereby increasing the value of the potential wager to the bettor.
A computerized method for wagering comprising the steps of:
A system for wagering comprising:
Dependencies are inferred from the claim text.