US2020134977A1PendingUtilityA1

System and method for managing select five horseracing bets

71
Assignee: CANTOR INDEX LLCPriority: Feb 3, 2004Filed: Dec 31, 2019Published: Apr 30, 2020
Est. expiryFeb 3, 2024(expired)· nominal 20-yr term from priority
Inventors:Kenneth L. Miller
G06Q 50/34G07F 17/3288
71
PatentIndex Score
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Claims

Abstract

A method for managing horseracing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of five horse races selected from a plurality of horse races scheduled to be run at a track in a day, a selection of a respective horse for each of the five horse races selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout for the day based at least in part on the betting pool.

Claims

exact text as granted — not AI-modified
What is claimed is: 
     
         1 . A method for managing horseracing bets, comprising:
 receiving one or more bets, each bet comprising:
 a selection of five horse races selected from a plurality of horse races scheduled to be run at a track in a day; 
 a selection of a respective horse for each of the five horse races selected; and 
 a bet amount; 
   combining each bet amount to form a betting pool; and   determining an amount of a total payout for the day based at least in part on the betting pool.

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