Method and system for administering a lottery in combination with a pari-mutuel pool
a lottery and parimutuel technology, applied in the field of methods and systems for administering lottery in combination with parimutuel pools, can solve the problems of difficult handling of horse races and most people do not understand how, and achieve the effect of more progressive payouts and greater excitement for players
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[0020]The present invention is a method and system for administering a lottery in combination with a pari-mutuel pool. Such a method and system results in a game with more progressive payouts and greater excitement for the players. In other words, the method and system of the present invention combines the mass appeal of a lottery with the unpredictable and oftentimes exciting payouts of a pari-mutuel wagering system.
[0021]Referring now to FIG. 1, in an exemplary implementation of the method and system of the present invention, multiple point-of-purchase terminals 10a, 10b, 10c are provided at various retail locations, including, for example, grocery stores, convenience marts, and gas stations. Such point-of-purchase terminals 10a, 10b, 10c could even be accessible and available via the Internet. Similar to the point-of-purchase terminals that are currently used in lottery operations, each such point-of-purchase terminal 10a, 10b, 10c generally comprises a computer with one or more ...
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