US5743525A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Sporting event wagering system
Assignee: Individual
•
Filing: 1996-07-01
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Granted: 1998-04-28
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Expires: 2016-07-01
Abstract
Abstract A betting method in which a bettor picks a single digit integer, or number, from a decade of integers, that is, a number from "0" to "9". Predetermined criterion numbers are summed and the least significant digit of the sum is compared to the selected integer to determine winners. For example, event entrants, such as horses, are assigned different numbers, whether single or double digit, for a particular race, so that no two horses in the same race have the same number. The system includes adding the numerical values of the numbers of the winning positions of the entrants (typically first, second and third), with the least significant digit of the sum or total being compared with the bettor's selected number, and on occurrence of a match, the bettor wins, the amount of the winnings being taken as a percentage of the pool of wages of like bettors for the same event, divided by the number of winning bettors.
Inventors
- 👤 George N. Haddad
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-05 04:21
CPC Classifications
A; A63; A63F; A63F3/00; A63F3/00003; A63F3/00157
Claims Analysis
Total Claims: 14
Claim 1
Independent Claim
72 words
A method of wagering on a sporting or racing event having a plurality of entrants, said method comprising: selecting a number between zero and nine prior to the event; wagering on the selected number: at conclusion of the event, adding predetermined criterion numbers of the entrants to obtain a sum; and comparing the least significant digit of said sum thus obtained with the selected number to determine the outcome of the wager.
Claim 2
Independent Claim
72 words
A method of wagering on a sporting or racing event having a plurality of entrants, said method comprising: selecting a number between zero and nine prior to the event; wagering on the selected number: at conclusion of the event, adding predetermined criterion numbers of the entrants to obtain a sum; and comparing the least significant digit of said sum thus obtained with the selected number to determine the outcome of the wager.
Claim 3
Dependent Claim
37 words
The method of claim 1 wherein said predetermined criterion number of each said entrant is a unique identifying number which numbers are selected for summing depending upon the preselected finishing position of said entrant in said event.
Claim 4
Dependent Claim
23 words
The method of claim 2 wherein said event is a race and said preselected positions are the first, second and third finishing positions.
Claim 5
Dependent Claim
28 words
The method of claim 1 wherein said event is a contest between at least two entrants and said predetermined criterion number for each entrant is their final score.
Claim 6
Independent Claim
83 words
A method of wagering on a sporting or racing event having a plurality of entrants, each with a unique identifying number, said method comprising: wagering, by a bettor, on a selected number between zero and nine prior to the event; at conclusion of the event, adding the identifying numbers of the entrants finishing in preselected positions to obtain a sum; and comparing the least significant digit of the sum thus obtained with the bettor's selected number to determine the outcome of the wager.
Claim 7
Independent Claim
83 words
A method of wagering on a sporting or racing event having a plurality of entrants, each with a unique identifying number, said method comprising: wagering, by a bettor, on a selected number between zero and nine prior to the event; at conclusion of the event, adding the identifying numbers of the entrants finishing in preselected positions to obtain a sum; and comparing the least significant digit of the sum thus obtained with the bettor's selected number to determine the outcome of the wager.
Claim 8
Dependent Claim
37 words
The method of claim 5 further including the step of providing a bettor with a sheet showing the possible combinations of winning associated with a single digit for a given number of entrants in a particular event.
Claim 9
Dependent Claim
54 words
The method of claim 6 further including the step of paying to the bettor a sum determined by a pro rata distribution to all bettors with the selected number of a percentage of the total amount of wagers on all bettors betting on a single digit for the event in accordance with this method.
Claim 10
Dependent Claim
28 words
The method of claim 7 wherein said sporting event is a horse race and said preselected positions are the first, second and third finishing positions of the horses.
Claim 11
Independent Claim
98 words
A method of wagering on a sporting or racing event having a number of events, each having a plurality of entrants, each entrant having a unique identifying number, said method comprising: selecting a number between zero and nine prior to the first of the number of events; wagering on the selected number; at conclusion of the last of the number of events, adding the identifying numbers of each of the entrants finishing in the first position; and comparing the least significant digit of said sum thus obtained with the selected number to determine the outcome of the wager.
Claim 12
Independent Claim
98 words
A method of wagering on a sporting or racing event having a number of events, each having a plurality of entrants, each entrant having a unique identifying number, said method comprising: selecting a number between zero and nine prior to the first of the number of events; wagering on the selected number; at conclusion of the last of the number of events, adding the identifying numbers of each of the entrants finishing in the first position; and comparing the least significant digit of said sum thus obtained with the selected number to determine the outcome of the wager.
Claim 13
Dependent Claim
12 words
The method of claim 9 wherein the number of events equals 3.
Claim 14
Dependent Claim
12 words
The method of claim 9 wherein the number of events equals 6.
References Cited (Backward Citations)
US5374060A
Cited
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2001-04-27 | 2001-10-27 | 2002-04-28 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2005-04-27 | 2005-10-27 | 2006-04-28 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2009-04-27 | 2009-10-27 | 2010-04-28 | $7700.00 | Window Closed / Lapsed |