Patent US5489096A successfully refreshed from Google Patents.
US5489096A
Expired / Lapsed
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Ticket systems for wagering on sports events
Assignee: Double Win Ltd
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Filing: 1995-04-27
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Granted: 1996-02-06
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Expires: 2015-04-27
Abstract
Abstract A method for enhancing the appeal of a sporting event at which wagering is allowed utilizes a dual-function ticket having two parts to produce a collectible souvenir having true rarity. A first ticket part records details of a placed bet, and is arranged to be cashed in to collect on a winning bet, while the second ticket part identifies the sports event and the participant on which the bet was placed, thereby serving as a souvenir having potential value as a collectible. Rarity of the souvenir ticket part is assured in that it can be obtained only through placing a bet, and the integrity of a collectibles aftermarket in the souvenir ticket parts is maintained by providing authentication means on the ticket to foil counterfeiting.
Inventors
- 👤 Charles M. Aron
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-03 07:31
CPC Classifications
A; A63; A63F; A63F3/00; A63F3/06; A63F3/065; A63F9/00; A63F9/001; G; G07; G07B; G07B5/00; G07B5/04; G07C; G07C15/00; G07C15/005; A63F9/24; A63F2009/2401; A63F2009/2411; A63F2009/2419; A63F2009/242; Y; Y10; Y10S; Y10S283/00; Y10S283/903
Claims Analysis
Total Claims: 23
Claim 1
Independent Claim
129 words
A system for wagering on a sports event comprising means to accept a bet from a bettor and to issue in return a two-part ticket as a receipt for the bet, a first part of said two-part ticket recording details of the bet, and arranged to be cashed in to collect on a winning bet, and the other part of said two-part ticket arranged to be retained by the bettor as a souvenir receipt documenting the bet, and identifying the sports event and the participant upon which the bet was placed, both said ticket parts carrying authentication indicia, the two ticket parts associated together when issued, and arranged to be separated one from the other when said first ticket part is cashed in to collect on a winning bet.
Claim 2
Independent Claim
129 words
A system for wagering on a sports event comprising means to accept a bet from a bettor and to issue in return a two-part ticket as a receipt for the bet, a first part of said two-part ticket recording details of the bet, and arranged to be cashed in to collect on a winning bet, and the other part of said two-part ticket arranged to be retained by the bettor as a souvenir receipt documenting the bet, and identifying the sports event and the participant upon which the bet was placed, both said ticket parts carrying authentication indicia, the two ticket parts associated together when issued, and arranged to be separated one from the other when said first ticket part is cashed in to collect on a winning bet.
Claim 3
Dependent Claim
17 words
The system of claim 1 wherein said authentication indicia comprises machine readable symbols imprinted on the ticket.
Claim 4
Dependent Claim
13 words
The system of claim 2 wherein said imprinted symbols comprise a serial number.
Claim 5
Dependent Claim
15 words
The system of claim 1 in which the sports event is a pari-mutuel horse race.
Claim 6
Dependent Claim
30 words
The system of claim 4 wherein details of the bet placed are recorded on both ticket parts, and wherein identification of said sports event includes the number of the race.
Claim 7
Dependent Claim
33 words
The system of claim 5 wherein the identification of the participant on which the bet was placed comprises the name of the horse, and includes information as to the pedigree of said horse.
Claim 8
Dependent Claim
47 words
The system of claim 1 wherein said ticket is formed from a single piece of sheet stock, said sheet arranged with a perforation line between the ticket parts to thereby allow the first ticket part to be removed and cashed in to collect on a winning bet.
Claim 9
Dependent Claim
37 words
The system of claim 1 wherein the ticket parts are formed from separate pieces of sheet stock, and wherein the two parts are joined at the time the ticket is issued as a receipt for a bet.
Claim 10
Independent Claim
136 words
A method for enhancing the appeal of a sports event by creating a collectible souvenir having true rarity comprising: providing a wagering system that allows attendees at said event to place bets on selected participants in said event; issuing a two-part ticket as a receipt for a placed bet, a first part of said ticket arranged to be cashed in to collect on a winning bet, and a second part of said ticket arranged to be retained by the better as a souvenir receipt of the winning wager; providing indicia on said ticket to verify its authenticity; providing indicia on said second ticket part that identifies the sports event and the participant upon which the bet was placed; and limiting the number of said souvenir receipts that are created to equal the number of bets placed.
Claim 11
Independent Claim
136 words
A method for enhancing the appeal of a sports event by creating a collectible souvenir having true rarity comprising: providing a wagering system that allows attendees at said event to place bets on selected participants in said event; issuing a two-part ticket as a receipt for a placed bet, a first part of said ticket arranged to be cashed in to collect on a winning bet, and a second part of said ticket arranged to be retained by the better as a souvenir receipt of the winning wager; providing indicia on said ticket to verify its authenticity; providing indicia on said second ticket part that identifies the sports event and the participant upon which the bet was placed; and limiting the number of said souvenir receipts that are created to equal the number of bets placed.
Claim 12
Dependent Claim
14 words
The method of claim 9 wherein said sports event is a peri-mutuel horse race.
Claim 13
Dependent Claim
30 words
The method of claim 10 wherein details of the bet placed are recorded on both ticket parts, and wherein identification of said sports event includes the number of the race.
Claim 14
Dependent Claim
33 words
The method of claim 11 wherein the identification of the participant on which the bet was placed comprises the name of the horse, and includes information as to the pedigree of said horse.
Claim 15
Dependent Claim
47 words
The method of claim 9 wherein said ticket is formed from a single piece of sheet stock, said sheet arranged with a perforation line between the ticket parts to thereby allow the first ticket part to be removed and cashed in to collect on a winning bet.
Claim 16
Dependent Claim
37 words
The method of claim 9 wherein the ticket parts are formed from separate pieces of sheet stock, and wherein the two parts are joined at the time the ticket is issued as a receipt for a bet.
Claim 17
Dependent Claim
23 words
The method of claim 9 wherein said indicia for verifying the authenticity of the ticket includes machine readable symbols imprinted on the ticket.
Claim 18
Dependent Claim
14 words
The method of claim 15 wherein said machine readable symbols comprise a serial number.
Claim 19
Dependent Claim
26 words
The method of claim 9 wherein the rarity of said collectible souvenir is enhanced by limiting the issuance of said two-part tickets to large denomination bets.
Claim 20
Dependent Claim
115 words
A dual-function ticket to record a wager placed on a sports event and to provide a collectible souvenir of true rarity, comprising: a first ticket part arranged to record a bet and adapted to be cashed in to collect on a winning bet; a second ticket part identifying the sports event and the participant upon which the bet was placed, said first and second ticket parts associated together when the ticket is issued to record said wager but severable to allow said first ticket part to be cashed in, said second ticket part arranged to be retained by a bettor as a souvenir of the event; and indicia on said ticket for determining its authenticity.
Claim 21
Dependent Claim
115 words
A dual-function ticket to record a wager placed on a sports event and to provide a collectible souvenir of true rarity, comprising: a first ticket part arranged to record a bet and adapted to be cashed in to collect on a winning bet; a second ticket part identifying the sports event and the participant upon which the bet was placed, said first and second ticket parts associated together when the ticket is issued to record said wager but severable to allow said first ticket part to be cashed in, said second ticket part arranged to be retained by a bettor as a souvenir of the event; and indicia on said ticket for determining its authenticity.
Claim 22
Dependent Claim
42 words
The ticket of claim 18 wherein the indicia for determining the authenticity of the ticket includes machine readable symbols imprinted on both ticket parts and wherein said symbols include a serial number or mathematical code that allows verification of the ticket's authenticity.
Claim 23
Dependent Claim
48 words
The ticket of claim 19 wherein the sports event is a pari-mutuel horse race, wherein details of the bet placed are recorded on both ticket parts, and wherein the identification of the participant includes the name of the horse upon which the bet was placed and its pedigree.
References Cited (Backward Citations)
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1999-02-05 | 1999-08-07 | 2000-02-06 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2003-02-05 | 2003-08-07 | 2004-02-06 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2007-02-05 | 2007-08-07 | 2008-02-06 | $7700.00 | Window Closed / Lapsed |