Patent ID: 8313363
Filing Date: 2012-11-20
Classification: G06Q,G07F

Abstract:
1. A method for conducting a physical sport tournament with wagering for a field of players competing in multiple rounds, comprising the steps of: a) each player providing a buy-in amount of money for wagering; b) dividing the field into one or more groups of generally equal size; c) each group competing within itself in a series of play sequences, each play sequence comprising at least one play action made by each player of the group that produces a result based on physical skill in a sport toward a goal; d) each player wagering a portion of the buy-in amount after each play action of physical skill on expected results in the current play sequence versus the other players in the same group; e) each play sequence having a minimum wager of an ante amount from the buy-in amount required of each player, and after each play sequence, resolving wagers placed by each of the players in the group, thereby either increasing or decreasing each player's buy-in amount; f) players being eliminated when they can no longer meet the minimum ante amount on a next play sequence in a current round; g) each round of the physical sport tournament being completed when a single player survives elimination in each group; h) the survivors of the current round defining a new field of players that is divided into new groups for at least one next round of the physical sport tournament; and i) recursively repeating steps b) through h) for additional rounds until a last round is played that has only one group and a single winner survives.