Patent ID: 9076304
Filing Date: 2015-07-07
Classification: G06Q,G07F

Abstract:
1. A method for wagering on a series, the method comprising: executing instructions on an electronic processing unit, the instructions being read from a non-transitory computer readable storage medium, the instructions performing: at a time after at least one game in a series has been played but before the series is completed, the series comprising a set of at least two games and at least two teams, a winner of the series being one of the at least two teams determined based on predefined rules after the set of at least two games has been completed, performing: receiving a wager amount from a player on the series; determining, a set of possible teams that are still capable of winning the series at the time by eliminating teams that can no longer win the series at the time and determining a pick which cannot be exchanged by the player comprising a random potential outcome of the series out of the set of possible teams and storing a record of the pick in an electronic database; issuing the player a physical entry that is configured to win when the winner of the series matches the random potential outcome, the physical entry indicating the pick; and after the series is completed, using the electronic database to determine whether the entry qualifies for payment, paying the player a payout when the winner of the series matches the random potential outcome and not paying the player any payout when the winner of the series does not match the random potential outcome.