NZ724646A - Apparatus for pari-mutuel racing game with finish order betting - Google Patents

Abstract

An apparatus comprises at least one processor; and at least one tangible memory device having software stored thereon that when executed by the at least one processor directs the at least one processor to: receive via a communications network a plurality of inputs comprising bets that a plurality of participants will win a race; determine, based at least on the plurality of received bets and a weight measurement of each participant, payoff odds for each of the plurality of participants, in which the participant with a lowest payoff odds is a favoured participant to win the race, the participant with a next lowest payoff odds is a next favoured participant to win the race, and the participant with a highest payoff odds is a least favoured participant to win the race; determine, based at least on the payoff odds, a potential order in which all participants in the race might finish the race, in which the potential order includes the favoured participant finishing the race first, the next favoured participant finishing the race second, and the least favoured participant finishing the race last; receive a reverse-order-bet that all participants in the race will finish the race in an order that is a reverse order of the determined potential order, in which the reverse order includes the least favoured participant finishing the race first, the next favoured participant finishing the race second to last, and the favoured participant finishing the race last; based on results of the race received via a communications network, determine an actual order in which the plurality of participants finished the race; based on the actual order in which the plurality of participants finished the race, determine whether the reverse order transpired; and determine a payment amount based on whether the reverse order transpired.