System and method of betting on a sporting event which...

Details System and method of betting on a sporting event which... System and method of betting on a sporting event which...

2007-10-09

2007-10-09

Pezzuto, Robert E (Department: 3714)

Amusement devices: games

Including means for processing electronic data

In a chance application

C273S138100

Reexamination Certificate

active

10438325

ABSTRACT:
A system and method for sports betting that awards pay outs based upon the difference between the actual and predicted results (“Pay Per Point”). In a preferred embodiment of the invention, the Pay Per Point bettor may place any or all of three different bets: 1) spread-line bet, 2) event-total-line bet, 3) team-total-line bet. For the spread-line bet, the bettor collects a pay out based upon the difference between the actual score and predicted spread-line. For the event-total-line Bet, the bettor collects a pay out based upon the difference between the actual score and predicted spread-line.

REFERENCES:
patent: 5573244 (1996-11-01), Mindes
patent: 5842921 (1998-12-01), Mindes et al.
patent: 6126543 (2000-10-01), Friedman
patent: 6500066 (2002-12-01), Bower et al.
patent: 6527270 (2003-03-01), Maksymec et al.
patent: 6910965 (2005-06-01), Downes

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