US20050227758A1 - Football money machine/ baseball money machine/ hockey money machine/ basketball money machine - Google Patents
Football money machine/ baseball money machine/ hockey money machine/ basketball money machine Download PDFInfo
- Publication number
- US20050227758A1 US20050227758A1 US10/818,263 US81826304A US2005227758A1 US 20050227758 A1 US20050227758 A1 US 20050227758A1 US 81826304 A US81826304 A US 81826304A US 2005227758 A1 US2005227758 A1 US 2005227758A1
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- Prior art keywords
- bettor
- amount
- pools
- loser
- bet
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- Legal status (The legal status 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 status listed.)
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Classifications
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- A—HUMAN NECESSITIES
- A63—SPORTS; GAMES; AMUSEMENTS
- A63F—CARD, BOARD, OR ROULETTE GAMES; INDOOR GAMES USING SMALL MOVING PLAYING BODIES; VIDEO GAMES; GAMES NOT OTHERWISE PROVIDED FOR
- A63F3/00—Board games; Raffle games
- A63F3/00003—Types of board games
- A63F3/00157—Casino or betting games
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- A—HUMAN NECESSITIES
- A63—SPORTS; GAMES; AMUSEMENTS
- A63F—CARD, BOARD, OR ROULETTE GAMES; INDOOR GAMES USING SMALL MOVING PLAYING BODIES; VIDEO GAMES; GAMES NOT OTHERWISE PROVIDED FOR
- A63F3/00—Board games; Raffle games
- A63F3/06—Lottos or bingo games; Systems, apparatus or devices for checking such games
- A63F3/0605—Lottery games
- A63F3/0615—Lottery games based on sporting events, e.g. football pools
Definitions
- the bet is the amount of money an individual bettor places with an individual bet on a possible winning team considering the spread and the score of the possible spread loser on a particular sporting event . A $5.00 minimum bet is suggested.
- the FOOTBALL MONEY MACHINE example is set for a $12.50 minimum bet.
- a running total will be provided to bettors on each teams money board. This amount will be fixed at the close of betting. This amount does not include the house guarantee.
- the house Prior to the opening of betting, the house must guarantee the minimum size of the total payout pool for each game. If and only if the total payout pool is less than the house guarantee amount, then the house guarantee amount will be used to calculate approximate payouts on minimum bets. It shall be done in the following manner: Minimum net bet divided by the winning pool multiplied by the house guarantee. At the point in time the total payout pool is equal to or greater than the house guarantee amount, then the house shall be released from the guarantee requirements. At this point in time, possible payouts on minimum bets will be calculated by using the total payout pool amount instead of the house guarantee amount. At the close of betting, if the house guarantee amount is greater than the total payout pool, then the house shall contribute to the total payout pool an amount equal to the difference between the house guarantee amount and the total payout pool.
- the pool shall be an independent account established for each number that corresponds to the potential losing team's score. There shall be an equal number of pools established for each possible losing team. An individual pool is filled with money from net bets. The house's share of the bet is removed from the bet prior to the bet money entering the pool. The net bet is the amount that actually enters the pool. A running total calculation of the amount of money in each pool shall be kept on each possible losing teams money board.
- This approximation shall be displayed on the money board for each pool of each possibly losing team for a particular sporting event. It shall be displayed as a running calculation. If the total payout pool is equal to or greater than the house guarantee, it is calculated by dividing the minimum net bet by the amount in each particular pool and then by multiplying it by the total payout pool. If the total payout pool is less than the house guarantee, then the approximate payout on a minimum bet shall be calculated by dividing the minimum net bet by the amount in each particular pool and multiplying it by the house guarantee amount.
- Total amount of money in all pools on a particular game at a particular date and time A running calculation will be provided to bettors on each team's money board. At the close of betting, if necessary, the house will contribute to the total payout pool an amount sufficient so that the total payout pool is equal to the house guarantee amount. At the point in time that the sporting event result is official, the total payout pool becomes total winnings.
- This pool is the one whose pool number corresponds with the official spread loser's actual score.
- the correct pool number shall be established by using the actual number of the spread loser's score.
- the winning pool is established at the official end of the sporting event.
- Each possible losing team shall have 50 pools.
- the pools are numbered 0-50 except for number 1.
- the number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Each possible losing team shall have 51 pools.
- the pools are numbered 75-126.
- the number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Each possible losing team shall have 16 pools.
- the pools are numbered 0-16.
- the number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Each possible losing team shall have 10 pools.
- the pools are numbered 0-9.
- the number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- the Bettor will be required to pick the winner considering the spread, state the amount of the individual bet and pick two or more score pools from the same predicted loser's score pools.
- the house will automatically place bets for the bettor on the possible winning team provided and the predicted loser's score pools provided by the bettor. All bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the call bet is the amount of the initial bet provided by the bettor multiplied by the number of bets placed on the same predicted loser's score pools.
- the bettor will not be required to request a call bet. It will occur automatically upon requesting a single winner and two or more bets on the same possible loser's score pools.
- the bettor will be required to pick the winner considering the spread and provide the amount of the individual bet and provide the first and last whole number in a continuous whole number sequence.
- the house will automatically place bets for the bettor in the bettor's predicted loser's score pools. Bets will be placed on a loser's score pool numbers that correspond to the number sequence provided by the bettor. Bets will be placed on the first number and last number provided plus bets will also be placed on all whole numbers in between the numbers provided. The total number of bets will be equal to the first number plus the second number selected plus all of the whole numbers in between. Each bet amount will be equal to the amount initially provided by the bettor. The total amount of the wager is equal to the total number of bets multiplied by the initial bet amount provided by the bettor. All bets will be reduced by the house percentage take prior to being placed in any of the designated pools.
- the bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “defense wheel”.
- the house will automatically place bets for the bettor in the following predicted loser's score pools: 3, 6, 7, 10, 13, 14.
- the total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the defense wheel is the amount of the initial bet provided by the bettor multiplied by six.
- the bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “offense wheel”.
- the house will automatically place bets for the bettor in the following predicted loser's score pools: 14, 17, 20, 21, 23 and 24.
- the total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the offense wheel is the amount of the initial bet provided by the bettor multiplied by six.
- the bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “giant wheel”.
- the house will automatically place bets for the bettor in the following predicted loser's score pools: 6, 7, 10, 13, 14, 17, 20, 21, 23 and 24.
- the total number of bets placed by the house for the bettor is ten. All ten bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the giant wheel is the amount of the initial bet provided by the bettor multiplied by ten.
- the bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “odds wheel”.
- the house will automatically place bets for the bettor in the following predicted loser's score pools: 8, 9, 11, 12, 15, 16, 18 and 19.
- the total number of bets placed by the house for the bettor is eight. All eight bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the odds wheel is the amount of the initial bet provided by the bettor multiplied by eight.
- the bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “scoring wheel”.
- the house will automatically place bets for the bettor in the following predicted loser's score pools: 24, 26, 27, 28, 30 and 31.
- the total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor.
- the total wager amount for the scoring wheel is the amount of the initial bet provided by the bettor multiplied by six.
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- Management, Administration, Business Operations System, And Electronic Commerce (AREA)
Abstract
This is a game which can be used for legal sports book involving football, basketball, baseball and hockey. The game is designed to apply pari-mutuel wagering to a single sporting event involving the aforementioned sports. Pari-mutuel has been traditionally used in horse racing and dog racing. These sporting contests involve more than one competitor. Pari-mutuel has also been traditionally used in the aforementioned sporting events where more than one sporting event is involved and traditionally it is used where the player is to predict the champion for the season. The key to this invention is it provides for low risk plays with small returns and high risk plays with high returns all in a single sporting contest involving the aforementioned sports.
Description
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- Line: Line must have ½ points to prevent ties. The line is a fixed amount prior to the initiation of betting.
- Losers pay winners
- To win: you must pick the winner considering the spread and you must pick the spread loser's actual number of points scored. The MONEY MACHINE loser and winner are determined by using the spread. The winning team for purposes of MONEY MACHINE may be the actual loser of the sporting event and the MONEY MACHINE loser may be the winning team of the actual sporting event. Winner in these rules refers to spread winner and loser refers to spread loser.
- Scores which are not chosen and scores which are not on the board will result in the total payout pool being paid to the house. If an individual bettor is to receive from a winning bet a payout that involves pennies or cents, then the actual amount the winning bettor shall receive will be reduced to the next lowest whole dollar amount. The pennies or the cents portion of the winning bet shall be paid to the house.
- Bet:
- The bet is the amount of money an individual bettor places with an individual bet on a possible winning team considering the spread and the score of the possible spread loser on a particular sporting event . A $5.00 minimum bet is suggested. The FOOTBALL MONEY MACHINE example is set for a $12.50 minimum bet.
- Total Wagered:
- This is the total amount bet on a particular sporting event at a particular date and time using MONEY MACHINE. A running total will be provided to bettors on each teams money board. This amount will be fixed at the close of betting. This amount does not include the house guarantee.
- Net Bet:
- This is the amount of the individual bet reduced by the percentage amount given to the house. A 20% house take is suggested.
- House Guarantee:
- Prior to the opening of betting, the house must guarantee the minimum size of the total payout pool for each game. If and only if the total payout pool is less than the house guarantee amount, then the house guarantee amount will be used to calculate approximate payouts on minimum bets. It shall be done in the following manner: Minimum net bet divided by the winning pool multiplied by the house guarantee. At the point in time the total payout pool is equal to or greater than the house guarantee amount, then the house shall be released from the guarantee requirements. At this point in time, possible payouts on minimum bets will be calculated by using the total payout pool amount instead of the house guarantee amount. At the close of betting, if the house guarantee amount is greater than the total payout pool, then the house shall contribute to the total payout pool an amount equal to the difference between the house guarantee amount and the total payout pool.
- Pool:
- The pool shall be an independent account established for each number that corresponds to the potential losing team's score. There shall be an equal number of pools established for each possible losing team. An individual pool is filled with money from net bets. The house's share of the bet is removed from the bet prior to the bet money entering the pool. The net bet is the amount that actually enters the pool. A running total calculation of the amount of money in each pool shall be kept on each possible losing teams money board.
- Losing Pools:
- All pools in the spread winner's score pools plus all pools in the spread loser's score pools except the winning pool.
- Individual Bettor's Net Bet:
- This is the amount of a net bet by an individual bettor in a particular pool for a particular game.
- Approximate Payout on Minimum Bet:
- This approximation shall be displayed on the money board for each pool of each possibly losing team for a particular sporting event. It shall be displayed as a running calculation. If the total payout pool is equal to or greater than the house guarantee, it is calculated by dividing the minimum net bet by the amount in each particular pool and then by multiplying it by the total payout pool. If the total payout pool is less than the house guarantee, then the approximate payout on a minimum bet shall be calculated by dividing the minimum net bet by the amount in each particular pool and multiplying it by the house guarantee amount.
- Total Payout Pool:
- Total amount of money in all pools on a particular game at a particular date and time. A running calculation will be provided to bettors on each team's money board. At the close of betting, if necessary, the house will contribute to the total payout pool an amount sufficient so that the total payout pool is equal to the house guarantee amount. At the point in time that the sporting event result is official, the total payout pool becomes total winnings.
- Winning Pool:
- This pool is the one whose pool number corresponds with the official spread loser's actual score. The correct pool number shall be established by using the actual number of the spread loser's score. The winning pool is established at the official end of the sporting event.
- Winning bettors:
- Those bettors who correctly choose the winner considering the spread and the spread loser's actual score and correctly have placed a bet in the spread loser's pool number that corresponds to the spread loser's actual score. The line shall have no effect on matching the actual spread loser's score with the spread loser's pool number.
- Total Winnings:
- It is established at the official end of the sporting event and is equal to the payout pool.
- Individual Winning Bettor Receives:
- The amount of the individual's net bet divided by the amount in the winning pool multiplied by total winnings.
- Football Game Design:
- For each actual football game, there shall be 100 betting pools established. Each possible losing team shall have 50 pools. The pools are numbered 0-50 except for number 1. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- NBA Game Design:
- For each actual basketball game, there shall be 102 betting pools established. Each possible losing team shall have 51 pools. The pools are numbered 75-126. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Baseball Game Design:
- For each actual baseball game, there shall be 32 betting pools established. Each possible losing team shall have 16 pools. The pools are numbered 0-16. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Hockey Game Design:
- For each actual hockey game, there shall be 20 betting pools established. Each possible losing team shall have 10 pools. The pools are numbered 0-9. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
- Multiple Bets:
- This is a simplified method of making multiple bets in a single transaction.
- Call Betting:
- The Bettor will be required to pick the winner considering the spread, state the amount of the individual bet and pick two or more score pools from the same predicted loser's score pools. The house will automatically place bets for the bettor on the possible winning team provided and the predicted loser's score pools provided by the bettor. All bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the call bet is the amount of the initial bet provided by the bettor multiplied by the number of bets placed on the same predicted loser's score pools. The bettor will not be required to request a call bet. It will occur automatically upon requesting a single winner and two or more bets on the same possible loser's score pools.
- Block Betting:
- The bettor will be required to pick the winner considering the spread and provide the amount of the individual bet and provide the first and last whole number in a continuous whole number sequence. The house will automatically place bets for the bettor in the bettor's predicted loser's score pools. Bets will be placed on a loser's score pool numbers that correspond to the number sequence provided by the bettor. Bets will be placed on the first number and last number provided plus bets will also be placed on all whole numbers in between the numbers provided. The total number of bets will be equal to the first number plus the second number selected plus all of the whole numbers in between. Each bet amount will be equal to the amount initially provided by the bettor. The total amount of the wager is equal to the total number of bets multiplied by the initial bet amount provided by the bettor. All bets will be reduced by the house percentage take prior to being placed in any of the designated pools.
- Defense Wheel:
- The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “defense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 3, 6, 7, 10, 13, 14. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the defense wheel is the amount of the initial bet provided by the bettor multiplied by six.
- Offense Wheel:
- The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “offense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the offense wheel is the amount of the initial bet provided by the bettor multiplied by six.
- Giant Wheel:
- The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “giant wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 6, 7, 10, 13, 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is ten. All ten bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the giant wheel is the amount of the initial bet provided by the bettor multiplied by ten.
- Odds Wheel:
- The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “odds wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 8, 9, 11, 12, 15, 16, 18 and 19. The total number of bets placed by the house for the bettor is eight. All eight bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the odds wheel is the amount of the initial bet provided by the bettor multiplied by eight.
- Scoring Wheel:
- The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “scoring wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 24, 26, 27, 28, 30 and 31. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the scoring wheel is the amount of the initial bet provided by the bettor multiplied by six.
SUPERBOWL XXXVII TAMPA BAY vs. OAKLAND Line: Oakland by 3½ Date of Event: Jan. 26, 2003 Final Score Bet BET: Sporting Event: NFL/Tampa Bay vs. Oakland Date of Event: Jan. 23, 2003 Amount of Bet: $12.50 Winner: Tampa Bay Spread Loser's Score: 20, 23 (Optional) Multiple Bets: None TOTAL WAGER: $25.00 Date and Time of Bet: Jan. 22, 2003 - 3:15 p.m. -
FOOTBALL MONEY MACHINE SUPERBOWL XXXVII TAMPA BAY vs. OAKLAND Event Date: Jan. 23, 2003 Final Score Money Board OAKLAND'S SCORE POOLS AND APPROXIMATE PAYOUTS LINE: OAKLAND BY 3½ (Wagered: $125,000 Total Payout Pool $100,000/Amount in Oakland's Score Pools $50,000.00/Tampa Bay's Score Pools $50,000.00/Minimun Bet $12.50) HOUSE GAURANTEE-OFF Loser's Amount Approximate Score In Pool Payout on Min. Bet 0 $2,000.00 $500 2 $500.00 $2,000 3 $2,000.00 $500 4 $10.00 $100,000 5 $100.00 $10,000 6 $2,000.00 $500 7 $4,000.00 $250 8 $1,000.00 $1,000 9 $1,000.00 $1,000 10 $2,000.00 $500 11 $500.00 $2,000 12 $1,000.00 $1,000 13 $2,000.00 $500 14 $4,000.00 $250 15 $190.00 $5,263 16 $200.00 $5,000 17 $2,000.00 $500 18 $200.00 $5,000 19 $100.00 $10,000 20 $5,000.00 $200 21 $2,000.00 $500 22 $100.00 $10,000 23 $5,000.00 $200 24 $5,000.00 $200 25 $100.00 $10,000 26 $4,000.00 $250 27 $4,000.00 $250 28 $0.00 $100,000 29 $0.00 $100,000 30 $0.00 $100,000 31 $0.00 $100,000 32 $0.00 $100,000 33 $0.00 $100,000 34 $0.00 $100,000 35 $0.00 $100,000 36 $0.00 $100,000 37 $0.00 $100,000 38 $0.00 $100,000 39 $0.00 $100,000 40 $0.00 $100,000 41 $0.00 $100,000 42 $0.00 $100,000 43 $0.00 $100,000 44 $0.00 $100,000 45 $0.00 $100,000 46 $0.00 $100,000 47 $0.00 $100,000 48 $0.00 $100,000 49 $0.00 $100,000 50 $0.00 $100,000 Date and Time Information Provided: -
HOCKEY MONEY MACHINE NHL DETROIT vs. CHICAGO Event Date: Final Score Money Board CHIGAGO'S SCORE POOLS AND APPROXIMATE PAYOUTS LINE: DETROIT BY ½ Wagered: $12,500 Total Payout Pool $10,000 Amount in Chigago's Score Pools $5,000.00 Detroit's Score Pools $5,000.00 Minimun Bet $12.50) HOUSE GAURANTEE-OFF Loser's Amount Approximate Score In Pool Payout on Min. Bet 0 $1,000.00 $100 1 $1,000.00 $100 2 $1,000.00 $100 3 $1,000.00 $100 4 $500.00 $200 5 $500.00 $200 6 $0.00 $10,000 7 $0.00 $10,000 8 $0.00 $10,000 9 $0.00 $10,000 Date and Time Information Provided: -
BASEBALL MONEY MACHINE MAJOR LEAGUE BASEBALL DETROIT VS. CHICAGO W Event Date: Final Score Money Board CHIGAGO'S SCORE POOLS AND APPROXIMATE PAYOUTS LINE: Detroit by 1 ½ (Wagered: $125,000 Total Payout Pool $100,000/Amount in Chicago's (W) Score Pools $50,000.00/Detroit's Score Pools $50,000.00/ Minimun Bet $12.50) HOUSE GAURANTEE-OFF Loser's Amount Approximate Score In Pool Payout on Min. Bet 0 $10,000.00 $100 1 $10,000.00 $100 2 $10,000.00 $100 3 $10,000.00 $100 4 $5,000.00 $200 5 $1,000.00 $1,000 6 $1,000.00 $1,000 7 $1,000.00 $1,000 8 $1,000.00 $1,000 9 $1,000.00 $1,000 10 $0.00 $100,000 11 $0.00 $100,000 12 $0.00 $100,000 13 $0.00 $100,000 14 $0.00 $100,000 15 $0.00 $100,000
Date and Time Information Provided:
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BASKETBALL MONEY MACHINE NBA DETROIT VS. CHIGAGO Event Date: Final Score Money Board DETROIT'S SCORE POOLS AND APPROXIMATE PAYOUTS LINE: Chicago by 3½ Wagered: $125,000 Total Payout Pool $100,000/Amount in Detroit's Score Pools $50,000.00/Chicago's Score Pools $50,000.00/Minimun Bet $12.50) HOUSE GAURANTEE-OFF Loser's Amount Approximate Score In Pool Payout on Min. Bet 75 $2,000.00 $500 76 $500.00 $2,000 77 $2,000.00 $500 78 $10.00 $100,000 79 $100.00 $10,000 80 $2,000.00 $500 81 $4,000.00 $250 82 $1,000.00 $1,000 83 $1,000.00 $1,000 84 $2,000.00 $500 85 $500.00 $2,000 86 $1,000.00 $1,000 87 $2,000.00 $500 88 $4,000.00 $250 89 $190.00 $5,263 90 $200.00 $5,000 91 $2,000.00 $500 92 $200.00 $5,000 93 $100.00 $10,000 94 $5,000.00 $200 95 $2,000.00 $500 96 $100.00 $10,000 97 $5,000.00 $200 98 $5,000.00 $200 99 $100.00 $10,000 100 $0.00 $100,000 101 $4,000.00 $250 102 $4,000.00 $250 103 $0.00 $100,000 104 $0.00 $100,000 105 $0.00 $100,000 106 $0.00 $100,000 107 $0.00 $100,000 108 $0.00 $100,000 109 $0.00 $100,000 110 $0.00 $100,000 111 $0.00 $100,000 112 $0.00 $100,000 113 $0.00 $100,000 114 $0.00 $100,000 115 $0.00 $100,000 116 $0.00 $100,000 117 $0.00 $100,000 118 $0.00 $100,000 119 $0.00 $100,000 120 $0.00 $100,000 121 $0.00 $100,000 122 $0.00 $100,000 123 $0.00 $100,000 124 $0.00 $100,000 125 $0.00 $100,000 126 $0.00 $100,000 Date and Time Information Provided: -
- Using the science of pari-mutuel gaming, Money Machine combines the high probability of winning from traditional sports book with the high payouts of popular bar room “squares” sports gaming.
- The technology to build the game board and terminals is already in use at horse tracks.
- Money Machine does not alienate the traditional sports bettor because it provides for options that provide a high probability of winning and also requires handicapping skills.
- Money Machine provides for more intrigue than traditional sports book because it draws upon more handicapping skills.
- Money Machine is more exciting than traditional sports book because it provides for high payout situations.
- Money Machine, with its additional intrigue and excitement, will revive hockey, basketball and baseball sports book.
- Money Machine will attract numbers and lottery players because it provides for high payback situations.
- The house take is virtually guaranteed.
- Players will enjoy placing more bets on the same game as odds change prior to the close of betting.
- Players will be encouraged to-come to the Casino to study the money board and search for advantageous betting situations.
- Money Machine is tested. 100% fun was had by all players.
FOOTBALL MONEY MACHINE SUPERBOWL XXXVII TAMPA BAY vs. OAKLAND Event Date: Jan. 23, 2003 Final Score Money Board TAMPA BAY'S SCORE POOLS AND APPROXIMATE PAYOUTS LINE: OAKLAND BY 3½ (Wagered: $125,000 Total Payout Pool $100,000/Amount in Tampa Bay's Score Pools $50,000.00/ Oakland's Score Pools $50,000.00/Minimun Bet $12.50) HOUSE GAURANTEE-OFF Loser's Amount Approximate Score In Pool Payout on Min. Bet 0 $2,000.00 $500 2 $500.00 $2,000 3 $2,000.00 $500 4 $10.00 $100,000 5 $100.00 $10,000 6 $2,000.00 $500 7 $4,000.00 $250 8 $1,000.00 $1,000 9 $1,000.00 $1,000 10 $2,000.00 $500 11 $500.00 $2,000 12 $1,000.00 $1,000 13 $2,000.00 $500 14 $4,000.00 $250 15 $190.00 $5,263 16 $200.00 $5,000 17 $2,000.00 $500 18 $200.00 $5,000 19 $100.00 $10,000 20 $5,000.00 $200 21 $2,000.00 $500 22 $100.00 $10,000 23 $5,000.00 $200 24 $5,000.00 $200 25 $100.00 $10,000 26 $4,000.00 $250 27 $4,000.00 $250 28 $0.00 $100,000 29 $0.00 $100,000 30 $0.00 $100,000 31 $0.00 $100,000 32 $0.00 $100,000 33 $0.00 $100,000 34 $0.00 $100,000 35 $0.00 $100,000 36 $0.00 $100,000 37 $0.00 $100,000 38 $0.00 $100,000 39 $0.00 $100,000 40 $0.00 $100,000 41 $0.00 $100,000 42 $0.00 $100,000 43 $0.00 $100,000 44 $0.00 $100,000 45 $0.00 $100,000 46 $0.00 $100,000 47 $0.00 $100,000 48 $0.00 $100,000 49 $0.00 $100,000 50 $0.00 $100,000 Date and Time Information Provided:
Claims (1)
1. The application of pari-mutuel wagering to the above-stated sporting events in the manner stated below.
Game Rules:
Line: Line must have ½ points to prevent ties. The line is a fixed amount prior to the initiation of betting.
Losers pay winners
To win: you must pick the winner considering the spread and you must pick the spread loser's actual number of points scored. The MONEY MACHINE loser and winner are determined by using the spread. The winning team for purposes of MONEY MACHINE may be the actual loser of the sporting event and the MONEY MACHINE loser may be the winning team of the actual sporting event. Winner in these rules refers to spread winner and loser refers to spread loser.
The manner in which accounting is performed for the spread loser's score as well as the way the winner is chosen is also my invention.
Pool: The pool shall be an independent account established for each number that corresponds to the potential losing team's score. There shall be an equal number of pools established for each possible losing team. An individual pool is filled with money from net bets. The house's share of the bet is removed from the bet prior to the bet money entering the pool. The net bet is the amount that actually enters the pool. A running total calculation of the amount of money in each pool shall be kept on each possible losing teams money board.
Losing Pools: All pools in the spread winner's score pools plus all pools in the spread loser's score pools except the winning pool.
Approximate Payout on Minimum Bet: This approximation shall be displayed on the money board for each pool of each possibly losing team for a particular sporting event. It shall be displayed as a running calculation. If the total payout pool is equal to or greater than the house guarantee, it is calculated by dividing the minimum net bet by the amount in each particular pool and then by multiplying it by the total payout pool. If the total payout pool is less than the house guarantee, then the approximate payout on a minimum bet shall be calculated by dividing the minimum net bet by the amount in each particular pool and multiplying it by the house guarantee amount.
Winning Pool: This pool is the one whose pool number corresponds with the official spread loser's actual score. The correct pool number shall be established by using the actual number of the spread loser's score. The winning pool is established at the official end of the sporting event.
Winning bettors: Those bettors who correctly choose the winner considering the spread and the spread loser's actual score and correctly have placed a bet in the spread loser's pool number that corresponds to the spread loser's actual score. The line shall have no effect on matching the actual spread loser's score with the spread loser's pool number.
Total Winnings: It is established at the official end of the sporting event and is equal to the payout pool.
The following Designs for the money board are my invention:
Football Game Design: For each actual football game, there shall be 100 betting pools established. Each possible losing team shall have 50 pools. The pools are numbered 0-50 except for number 1. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
NBA Game Design: For each actual basketball game, there shall be 102 betting pools established. Each possible losing team shall have 51 pools. The pools are numbered 75-126. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
Baseball Game Design: For each actual baseball game, there shall be 32 betting pools established. Each possible losing team shall have 16 pools. The pools are numbered 0-16. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
Hockey Game Design: For each actual hockey game, there shall be 20 betting pools established. Each possible losing team shall have 10 pools. The pools are numbered 0-9. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
The following multiple bets are my invention:
Multiple Bets:
Multiple Bets: This is a simplified method of making multiple bets in a single transaction.
Call Betting: The Bettor will be required to pick the winner considering the spread, state the amount of the individual bet and pick two or more score pools from the same predicted loser's score pools. The house will automatically place bets for the bettor on the possible winning team provided and the predicted loser's score pools provided by the bettor. All bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the call bet is the amount of the initial bet provided by the bettor multiplied by the number of bets placed on the same predicted loser's score pools. The bettor will not be required to request a call bet. It will occur automatically upon requesting a single winner and two or more bets on the same possible loser's score pools.
Block Betting: The bettor will be required to pick the winner considering the spread and provide the amount of the individual bet and provide the first and last whole number in a continuous whole number sequence. The house will automatically place bets for the bettor in the bettor's predicted loser's score pools. Bets will be placed on a loser's score pool numbers that correspond to the number sequence provided by the bettor. Bets will be placed on the first number and last number provided plus bets will also be placed on all whole numbers in between the numbers provided. The total number of bets will be equal to the first number plus the second number selected plus all of the whole numbers in between. Each bet amount will be equal to the amount initially provided by the bettor. The total amount of the wager is equal to the total number of bets multiplied by the initial bet amount provided by the bettor. All bets will be reduced by the house percentage take prior to being placed in any of the designated pools.
Football Only
Defense Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “defense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 3, 6, 7, 10, 13, 14. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the defense wheel is the amount of the initial bet provided by the bettor multiplied by six.
Offense Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “offense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the offense wheel is the amount of the initial bet provided by the bettor multiplied by six.
Giant Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “giant wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 6, 7, 10, 13, 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is ten. All ten bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the giant wheel is the amount of the initial bet provided by the bettor multiplied by ten.
Odds Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “odds wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 8, 9, 11, 12, 15, 16, 18 and 19. The total number of bets placed by the house for the bettor is eight. All eight bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the odds wheel is the amount of the initial bet provided by the bettor multiplied by eight.
Scoring Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “scoring wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 24, 26, 27, 28, 30 and 31. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the scoring wheel is the amount of the initial bet provided by the bettor multiplied by six.
The inventions expressed in this claim are difficult to understand without the reading of the entire description of the invention. However, in this claim, I have limited it only to concepts which are completely new to the art of gaming on the above-stated sports.
Priority Applications (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US10/818,263 US20050227758A1 (en) | 2004-04-02 | 2004-04-02 | Football money machine/ baseball money machine/ hockey money machine/ basketball money machine |
Applications Claiming Priority (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US10/818,263 US20050227758A1 (en) | 2004-04-02 | 2004-04-02 | Football money machine/ baseball money machine/ hockey money machine/ basketball money machine |
Publications (1)
Publication Number | Publication Date |
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US20050227758A1 true US20050227758A1 (en) | 2005-10-13 |
Family
ID=35061258
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US10/818,263 Abandoned US20050227758A1 (en) | 2004-04-02 | 2004-04-02 | Football money machine/ baseball money machine/ hockey money machine/ basketball money machine |
Country Status (1)
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US (1) | US20050227758A1 (en) |
Citations (4)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US5830068A (en) * | 1995-09-08 | 1998-11-03 | Ods Technologies, L.P. | Interactive wagering systems and processes |
US6347086B1 (en) * | 1998-09-04 | 2002-02-12 | Richard B. Strachan | Pick pools system and method using packet-switched network |
US6508710B1 (en) * | 1999-12-27 | 2003-01-21 | Virtgame Corp. | Gaming system with location verification |
US6773012B1 (en) * | 2003-07-10 | 2004-08-10 | Lagrange Woods, Inc. | Card game |
-
2004
- 2004-04-02 US US10/818,263 patent/US20050227758A1/en not_active Abandoned
Patent Citations (7)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US5830068A (en) * | 1995-09-08 | 1998-11-03 | Ods Technologies, L.P. | Interactive wagering systems and processes |
US6004211A (en) * | 1995-09-08 | 1999-12-21 | O.D.S. Technologies, L.P. | Interactive wagering systems and processes |
US6347086B1 (en) * | 1998-09-04 | 2002-02-12 | Richard B. Strachan | Pick pools system and method using packet-switched network |
US20020061019A1 (en) * | 1998-09-04 | 2002-05-23 | Strachan Richard B. | Pick pools system and method using packet-switched network |
US6508710B1 (en) * | 1999-12-27 | 2003-01-21 | Virtgame Corp. | Gaming system with location verification |
US20030087701A1 (en) * | 1999-12-27 | 2003-05-08 | Virtgame Corp. | Gaming system with location verification |
US6773012B1 (en) * | 2003-07-10 | 2004-08-10 | Lagrange Woods, Inc. | Card game |
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