Patent · US Active

Conducting a jackpot race event

US8708789B2 · kind B2 · utility

88Cited by
51References
28Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 10, 2010
Grant dateApr 29, 2014
Priority date
Expiry dateApr 23, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F17/3288
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A system for wagering on a jackpot race event, comprises a memory and a processor. The memory stores a qualifying bet associated with a customer and comprising a first bet component and a second bet component. The first bet component is associated with a first qualifying race event and comprises a first bet amount. The second bet component is associated with a second qualifying race event and comprises a second bet amount. The processor identifies the outcome of the first and second bet components. If both the first bet component and the second bet components are winning bets, the processor allocates to the customer a particular number of jackpot bets for a jackpot race event. The particular number of jackpot bets is based at least in part upon the first bet amount and the second bet amount. The first bet amount is allocated to a common pari-mutuel pool for the first qualifying race event.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.