Ticket systems for wagering on sports events

Details Ticket systems for wagering on sports events Ticket systems for wagering on sports events

1995-04-27

1996-02-06

Layno, Benjamin H.

Amusement devices: games

Chance devices

Electric or magnetic

273139, 283903, 283117, 283 67, 283 53, A63F 306, G07B 100

Patent

active

054890969

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.

REFERENCES:
patent: 4962950 (1990-10-01), Champion
patent: 5043889 (1991-08-01), Lucey
patent: 5129652 (1992-07-01), Wilkinson
patent: 5374060 (1994-12-01), Goldberg
Scarne's Complete Guide To Gambling by John Scarne, "Irish Hospitals' Sweepstakes Drawing", pp. 149-150, Simon and Schuster, 1961.

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