NZ743914A - System and method for conducting a jackpot race event - Google Patents

System and method for conducting a jackpot race event

Info

Publication number
NZ743914A
NZ743914A NZ74391406A NZ74391406A NZ743914A NZ 743914 A NZ743914 A NZ 743914A NZ 74391406 A NZ74391406 A NZ 74391406A NZ 74391406 A NZ74391406 A NZ 74391406A NZ 743914 A NZ743914 A NZ 743914A
Authority
NZ
New Zealand
Prior art keywords
bet
component
processor
race event
winning
Prior art date
Application number
NZ74391406A
Inventor
Joseph M Asher
Kenneth L Miller
Peter Christopher Rotondo
Original Assignee
Cantor Index Llc
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
Priority claimed from US11/190,613 external-priority patent/US7713125B2/en
Application filed by Cantor Index Llc filed Critical Cantor Index Llc
Publication of NZ743914A publication Critical patent/NZ743914A/en

Links

Landscapes

  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

An apparatus that facilitates betting on events such as a jackpot race event comprises a card swiper; a printer; a memory and at least one processor. The processor is programmed to receive an indication of a bet from the card swiper. The indication of the bet comprises a first bet component and a second bet component. The first bet component is associated with a first race event and comprises a first bet amount, and the second bet component is associated with a second race event and comprises a second bet amount. The processor is programmed to receive electronic data indicative of race results via an electronic communication network and determine whether the first bet component and the second bet components are winning bets based at least partially on the electronic data indicative of the race results. In response to determining that the first bet component and the second bet component are winning bets, a printout via the printer is generated indicating that the bet is a winning bet. The processor is programmed to receive the printout indicating the winning bet and in response to receiving the printout indicating the winning bet, generate a particular number of electronic records in the memory that are indicative of jackpot bets for a jackpot race event. The particular number of electronic records is based at least in part upon the first bet amount and the second bet amount. The processor is programmed to allocate the first bet amount to a common pari-mutuel pool for the first race event.
NZ74391406A 2005-07-26 2006-07-21 System and method for conducting a jackpot race event NZ743914A (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US11/190,613 US7713125B2 (en) 2005-07-26 2005-07-26 Jackpot race event
NZ73015806 2006-07-21

Publications (1)

Publication Number Publication Date
NZ743914A true NZ743914A (en) 2019-11-29

Family

ID=68652894

Family Applications (1)

Application Number Title Priority Date Filing Date
NZ74391406A NZ743914A (en) 2005-07-26 2006-07-21 System and method for conducting a jackpot race event

Country Status (1)

Country Link
NZ (1) NZ743914A (en)

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11030850B2 (en) 2004-02-03 2021-06-08 Cantor Index, Llc Managing bets that select events and participants

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11030850B2 (en) 2004-02-03 2021-06-08 Cantor Index, Llc Managing bets that select events and participants

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Legal Events

Date Code Title Description
PSEA Patent sealed
RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 16 YEARS UNTIL 21 JUL 2026 BY COMPUTER PACKAGES INC

Effective date: 20200701