Patent Number: 8,876,593

Title: Progressive betting pools

Abstract: Progressive betting pools are provided. A betting administrator may define a set of competition-based events upon which to wager. For example, a set of six soccer matches that occur during a week may be defined as being available for wagering. Each wager may include specifications as to the winner of each of the selected matches. In some embodiments, the wagering individual may be requested to specify certain tie-breaking metrics (e.g., rank the teams by number of goals), which may be considered in the event of a tie between two or more wagers. The wager may be available for a limited window of time. Following which, the outcomes of the competition-based events may be decided and provided to a server, which determines one or more winners and calculates payouts for the determined winners.

Inventors: D'Angelo; Kenneth (Freehold, NJ)

Assignee: Razor Sports, Inc.

International Classification: G06F 17/00 (20060101)

Expiration Date: 2019-11-04 0:00:00