Apparatus for processing betting tickets

Details Apparatus for processing betting tickets Apparatus for processing betting tickets

1976-09-21

1978-08-22

Cook, Daryl W.

Registers

Record controlled calculators

G06K 500

Patent

active

041083644

ABSTRACT:
Herein disclosed is an apparatus for processing betting tickets which prints the betting tickets with at least one attached secret code and verifies said betting tickets during payment of dividends. According to the present invention, the secret code is formed logically in accordance with the input betting information received from the clients, said secret code is added to the betting information and recorded on said betting tickets. During payment of said dividends with respect to the betting ticket, said secret code on the betting tickets is verified as to whether said secret code coincides with another code which is formed logically in accordance with the betting information on said betting ticket, for verifying the payment of said dividends. If said codes do not coincide, then said ticket is considered to be a falsified or forged one.

REFERENCES:
patent: 3862716 (1975-01-01), Black et al.
patent: 3996450 (1976-12-01), Kerkhoff
patent: 4016405 (1977-04-01), McCune et al.
patent: 4023012 (1977-05-01), Ano et al.

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