Pari-mutuel game

Inactive Publication Date: 2011-03-03
ATTWOOD ZOANN +6
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0008]The present invention contemplates a novel and improved method of conducting a game utilizing a pari-mutuel wagering format. The game incorporate a computer having a database which includes a roster of contestants. From this roster the contestants are grouped into at least two groups based upon a predetermined criteria. Once the contestants are grouped,

Problems solved by technology

A drawback with odds based games is that typically a contestant exists who is the predominate favorite and it's the odds itself which intrigues a person to wager on a contestant other than the favorite.
Hence the drama in the event is limited to the hopes that an underdog may prevail.

Method used

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Examples

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Embodiment Construction

[0012]Referring now in more detail to the drawings, as shown in FIGS. 1-2, a method and system for a pari-mutuel game A is disclosed. This system includes a database 10 containing a plurality of contestant records 12 identifying contestants competing in a contest. The contestants are ranked prior to the contest based upon a predetermined criteria at step 14. The method of ranking may be based on some criteria which identifies contestants as favorites in winning a particular contest. Once the contestants are ranked, the contestants are subsequently grouped into different tiers based on their rankings. Preferably the number of contestants is sufficient for at least two distinct groups. As shown in step 16 the contestants have been ranked and placed into multiple groups “A”, “B”, and “C”. From these groupings participants make selections of at least one contestant from each group forming a team entry for the pari-mutuel game. As shown in steps 20, 22 and 24, multiple contestants have b...

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Abstract

The present invention is directed to a pari-mutuel contest in general and a pari-mutuel contest which requires participants to place wagers on a grouping of contestants which have been segregated into subsets from a field of contestants. The segregation is based on a predetermined criteria. The participants are required to select a predetermined quantity of contestants from each respective grouping with the totality of the contestants performance aggregated to determine a participants score. Winnings are calculated on a pari-mutual bases based on the respective scores.

Description

FIELD OF INVENTION[0001]The present invention is directed to a pari-mutuel game in general and more particularly to a pari-mutuel game wherein participants make wagers based on the performance of selected individual contestants engaged in a contest who have been grouped into subsets from a field of contestants and pre-ranked according to a predetermined criteria.BACKGROUND OF THE INVENTION[0002]A variety of games are available for individuals to place wagers and compete against others. One format of games include casino type games wherein an individual places a particular wager hoping to beat other contestants or the house with a winner take all format. Other games include the placement of wagers on events involving sporting contests. For such wagers involving sporting contests, calculated fixed odds are commonly used. The fixed odds may be established by the “house” as an indication of the popularity of a given contestant in comparison with others in the contest or by dividing the ...

Claims

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Application Information

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IPC IPC(8): A63F9/24
CPCG07F17/3288G07F17/32
InventorATTWOOD, ZOANNCHARPENTIER, ANNEHORVATH, VIRGINIABEAN, KATIECHARPENTIER, PHILIPBARR, TYSONLAPINE, JAY
OwnerATTWOOD ZOANN