SYSTEM FOR MANAGING BETS SELECTING EVENTS AND PARTICIPANTS

SYSTEM FOR MANAGING BETS SELECTING EVENTS AND PARTICIPANTS A system of managing bets is provided. The system includes a processor and a memory that receives one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective 5 par...

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Bibliographische Detailangaben
Hauptverfasser: Miller, Kenneth L, Asher, Joseph M
Format: Patent
Sprache:eng
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Zusammenfassung:SYSTEM FOR MANAGING BETS SELECTING EVENTS AND PARTICIPANTS A system of managing bets is provided. The system includes a processor and a memory that receives one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective 5 participant for each of the first number of events selected and a bet amount. The system combines each bet amount to form a betting pool and determines an amount of a total payout based at least in part on the betting pool.