WO2005107909A3 - System and method for pari-mutuel gaming based on sporting event results - Google Patents

System and method for pari-mutuel gaming based on sporting event results Download PDF

Info

Publication number
WO2005107909A3
WO2005107909A3 PCT/US2005/015004 US2005015004W WO2005107909A3 WO 2005107909 A3 WO2005107909 A3 WO 2005107909A3 US 2005015004 W US2005015004 W US 2005015004W WO 2005107909 A3 WO2005107909 A3 WO 2005107909A3
Authority
WO
WIPO (PCT)
Prior art keywords
game
pari
determined
bet
sporting event
Prior art date
Application number
PCT/US2005/015004
Other languages
French (fr)
Other versions
WO2005107909A2 (en
Inventor
Joseph M Asher
Howard W Lutnick
Original Assignee
Cfph Llc
Joseph M Asher
Howard W Lutnick
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Cfph Llc, Joseph M Asher, Howard W Lutnick filed Critical Cfph Llc
Priority to AU2005240588A priority Critical patent/AU2005240588B2/en
Priority to JP2007511050A priority patent/JP5362214B2/en
Priority to CA002564455A priority patent/CA2564455A1/en
Priority to EP05740565A priority patent/EP1755753A4/en
Publication of WO2005107909A2 publication Critical patent/WO2005107909A2/en
Publication of WO2005107909A3 publication Critical patent/WO2005107909A3/en

Links

Classifications

    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F17/00Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
    • G07F17/3244Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F17/00Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F17/00Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
    • G07F17/3286Type of games
    • G07F17/3288Betting, e.g. on live events, bookmaking

Abstract

A method of pari-mutuel betting is provided. Bets regarding the result of a game, such as a casino game for example, are received from a number of users. Each bet has a unit stake. One or more inputs for the game are determined based on event results from a sporting event. A result of the game is determined for a particular bet based at least on a set of rules associated with the game and the one or more determined inputs. If the particular bet is determined to be a winning bet based on the result of the game for the particular bet, a payout is determined for the particular bet based at least on the unit stake associated with the particular bet and the value of the pari-mutuel wager pool that includes at least a portion of the total of the unit stakes of the plurality of received bets.
PCT/US2005/015004 2004-04-29 2005-04-29 System and method for pari-mutuel gaming based on sporting event results WO2005107909A2 (en)

Priority Applications (4)

Application Number Priority Date Filing Date Title
AU2005240588A AU2005240588B2 (en) 2004-04-29 2005-04-29 System and method for pari-mutuel gaming based on sporting event results
JP2007511050A JP5362214B2 (en) 2004-04-29 2005-04-29 System and method for Paris mutual game based on sports event results
CA002564455A CA2564455A1 (en) 2004-04-29 2005-04-29 System and method for pari-mutuel gaming based on sporting event results
EP05740565A EP1755753A4 (en) 2004-04-29 2005-04-29 System and method for pari-mutuel gaming based on sporting event results

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US10/836,958 US7458891B2 (en) 2004-04-29 2004-04-29 System and method for pari-mutuel gaming based on sporting event results
US10/836,958 2004-04-29

Publications (2)

Publication Number Publication Date
WO2005107909A2 WO2005107909A2 (en) 2005-11-17
WO2005107909A3 true WO2005107909A3 (en) 2006-09-08

Family

ID=35187798

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2005/015004 WO2005107909A2 (en) 2004-04-29 2005-04-29 System and method for pari-mutuel gaming based on sporting event results

Country Status (6)

Country Link
US (1) US7458891B2 (en)
EP (1) EP1755753A4 (en)
JP (1) JP5362214B2 (en)
AU (1) AU2005240588B2 (en)
CA (2) CA2564455A1 (en)
WO (1) WO2005107909A2 (en)

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Also Published As

Publication number Publication date
US20050245305A1 (en) 2005-11-03
AU2005240588B2 (en) 2011-10-27
EP1755753A2 (en) 2007-02-28
CA2564455A1 (en) 2005-11-17
EP1755753A4 (en) 2010-01-06
CA3092833A1 (en) 2005-11-17
WO2005107909A2 (en) 2005-11-17
AU2005240588A1 (en) 2005-11-17
CA3092833C (en) 2023-11-28
JP5362214B2 (en) 2013-12-11
US7458891B2 (en) 2008-12-02
JP2007535383A (en) 2007-12-06

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