Patent ID: 8708789
Filing Date: 2014-04-29
Classification: G07F

Abstract:
1. A computer betting system, comprising: a processor and a memory, being programmed to receive a bettor's bet on a first race event, the processor being programmed to implement terms of the bet: the processor is programmed to respond to a determination that when the bet is a winning bet in the first race event and the bet is qualified to participate in a jackpot arrangement, to allocate at least a portion of a payout associated with the qualified winning bet to a jackpot pool within the jackpot arrangement, and the bettor is to be given a bet on a first jackpot event; if the bettor's bet on the first jackpot event is a winning jackpot bet, a portion of the jackpot pool is to be allocated to the bettor; and if there are no winning bets for the first jackpot event, the jackpot pool is to be allocated to a pool for a second jackpot event.