US2012034974A1PendingUtilityA1
Real time parlay
Est. expiryMay 24, 2030(~3.9 yrs left)· nominal 20-yr term from priority
G07F 17/3262G07F 17/3288G07F 17/3244G07F 17/32G06Q 50/34
50
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Claims
Abstract
Various methods and apparatus related to parlay wagering are described. In some embodiments, real time parlay odds may be offered. Further embodiments are described.
Claims
exact text as granted — not AI-modified1 . An apparatus comprising:
a non-transitory medium having stored thereon a plurality of instructions that when executed by a processor cause the computing device to:
receive a selection of elements for a parlay wager;
determine substantially current odds for each element of the parlay wager in response to receiving the selection;
based on the substantially current odds, determine odds for the parlay wager;
provide an indication of the odds for the parlay wager;
receive an indication to make the parlay wager with the odds for the parlay wager; and
in response to receiving the indication to form the parlay wager, forming the parlay wager with the odds for the parlay wager.
2 . The apparatus of claim 1 , in which the instructions cause the computing device to:
determine the outcomes of each of the elements of the parlay wager; and determine an outcome of the parlay wager based on the outcomes of each of the elements.
3 . The apparatus of claim 1 , further comprising the computing device.
4 . An apparatus comprising:
a non-transitory medium having stored thereon a plurality of instructions that when executed by a processor cause the computing device to:
receive, from a first payer, a selection of first elements for a parlay wager, in which the first elements include games that begin and end in the future;
determine odds for each first element of the parlay wager in response to receiving the selection;
add each of the first elements to a parlay wager for the first player;
receive, from the first player, during at least one of the games, a second selection of a plurality of second elements for the parlay wager, in which the second elements include wagers related to whether each respective particular event occurs during the game;
determine second odds for each second element of the parlay wager in response to receiving the second selection;
add each of the second elements to the parlay wager for the first player;
determine odds for the parlay wager based on the odds and the second odds; and
provide an indication of the odds for the parlay wager to the first player.
5 . The apparatus of claim 4 , in which the instructions cause the computing device to:
determine the outcomes of each of the elements of the parlay wager; and determine an outcome of the parlay wager based on the outcomes of each of the elements.
6 . The apparatus of claim 4 , further comprising the computing device.
7 . The apparatus of claim 4 , in which the instructions cause the computing device to:
present opportunities to select each of the second elements and a plurality of additional elements to the first player during the game.
8 . The apparatus of claim 4 , in which at least one second element includes at least one of an identity of a player to score a next point in the game, a distance that a team will move a ball in a next possession, and an amount of point scored in a next point scoring.
9 . The apparatus of claim 4 , in which the odds for each first element are determined at a respective close of wagering for each respective game based on odds at the respective close of wagering.
10 . The apparatus of claim 4 , in which the instructions cause the computing device to:
adjust the odds after receiving the selection based on happenings that occur after receiving the selection.
11 . The apparatus of claim 10 , in which the happenings include additional wagers related to the games.
12 . An apparatus comprising:
a non-transitory medium having stored thereon a plurality of instructions that when executed by a processor cause the computing device to:
receive, from a first player, a first selection of a first element for a first parlay wager, in which the first element includes a first outcome of a game that occurs in the future;
add the first element to the first parlay wager;
allocate at least a portion of a first wagered amount by the first player to a pari-mutuel pool;
receive, from a second player, a second selection of a second element for a second parlay wager, in which the second element includes a second outcome of the first game;
add the second element to the second parlay wager;
allocate at least a portion of a second wagered amount by the second player to the pari-mutuel pool;
receive, from the first player, during the game, a third selection of a plurality of third elements for the first parlay wager, in which the third elements include wagers related to whether each particular respective event occurs during the game;
add the third elements to the first parlay wager;
receive, from the second player, during the game, a fourth selection of a plurality of fourth elements for the second parlay wager, in which the fourth elements include wagers related to whether each particular respective event occurs during the game, and in which at least one fourth element is different from all of the third elements;
add the fourth elements to the second parlay wager;
determine a winner based on an outcome of each of the first, second, third, and fourth elements from among the first and second player; and
assign at least a part of the pari-mutuel pool to the winner.
13 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine that the first and second element are wagers for a same side of the game and in response to that said determination, allocating the at least the portion of the first wagered amount to the pari-mutuel pool and allocating the at least the portion of the second wagered amount to the pari-mutuel pool.
14 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine that the first and second element are wagers for different sides of the game and in response to that said determination, allocating the at least the portion of the first wagered amount to the pari-mutuel pool and allocating the at least the portion of the second wagered amount to the pari-mutuel pool.
15 . The apparatus of claim 12 , in which the instructions cause the computing device to:
present each of a plurality of optional elements to each of the first and second players during the game and in which the third and fourth selections include respective selections of different subsets of the optional elements.
16 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine that each of the third and fourth elements include a same number of elements.
17 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine the winner based on which of the first and second parlay wagers includes the most number of winning elements.
18 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine the winner based on which of the first and second parlay wagers includes the least number of losing elements.
19 . The apparatus of claim 18 , in which the instructions cause the computing device to:
determine that the third elements include fewer elements that the fourth elements; and count each number of elements that are fewer as losing elements.
20 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine a weighing for each of the third and fourth elements based on odds of each element; and determining the winner based on the weighings such that the winner includes the player that has the highest total weight of winning elements.
21 . The apparatus of claim 12 , further comprising the computing device.
22 . The apparatus of claim 12 , in which at least one of the third and fourth elements includes at least one of an identity of a player to score a next point in the game, a distance that a team will move a ball in a next possession, and an amount of point scored in a next point scoring.
23 . The apparatus of claim 12 , in which the instructions cause the computing device to:
determine the outcomes of each of the elements of the first and second parlay wagers.Cited by (0)
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