Patent ID: 9633518
Date: 2017-04-25
CPC Classifications: G07F

Claim:
1. A system for wagering during a wagering period, the system comprising: a wagering base comprising a first plurality of pools each with an outcome accessed by an input wager to entitle a bettor to a return; a plurality of dedicated terminals at which wagers are input via the dedicated input terminal, each input wager directed to access an outcome in one of the pools; and a processing system configured to process the input wagers in a manner whereby each input wager either: a) accesses; or b) fails to access an outcome in the pool to which each input wager is directed, the processing system further configured so that there is an initial preassigned probability of accessing the outcome of each pool through an input wager directed to each pool, the processing system further configured to identify a collective return by determining the number of input wagers that have accessed an outcome in a particular pool to which those wagers were directed, the processing system further configured to change the wagering base after the wagering period has begun and before the wagering period is concluded based upon one or more system operating parameters detected during the wagering period, wherein based upon at least a first system operating parameter detected, the processing system is configured to: a) close one of the pools in the first plurality of pools; and b) open at least one additional pool through which the processing system interacts in the same manner that the processing system interacts with the pools in the first plurality of pools, after the wagering period has begun and before the wagering period is concluded.