SYSTEM AND METHOD FOR LIVE PARI-MUTUEL WAGERING ON MULTIPLE PAST EVENTS

A system for facilitating live pari-mutuel betting between multiple individuals betting on the outcome of historical events. Player prizes may be awarded based on how closely each player comes to matching the actual results of the participants of the events. The system may provide multiple different...

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Bibliographic Details
Main Authors Enzminger, Joseph R, Stein, Jeremy F, Paisley, Katherine M, Neely, Patrick, Lind, Jefferson C, Malle, Nimai, Rose, Glen M
Format Patent
LanguageEnglish
Published 11.01.2024
Subjects
CHECKING-DEVICES
COIN-FREED OR LIKE APPARATUS
PHYSICS
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Summary:A system for facilitating live pari-mutuel betting between multiple individuals betting on the outcome of historical events. Player prizes may be awarded based on how closely each player comes to matching the actual results of the participants of the events. The system may provide multiple different bets for players to wager on. Each bet may include a collection of multiple events, and a deadline for determining the outcome of the wagers placed by all players. Higher payouts may be offered for players who more closely match the actual outcomes of the events. The system optionally includes different configurations of software and hardware providing a variety of different configurations for facilitating the disclosed process.
Bibliography:Application Number: US202118025260