Patent ID: 7775880

Claim:
A method for operating a pari-mutuel wagering game, comprising: receiving funds from a plurality of bettors to create a pool of wagers; allocating a portion of the pool of wagers as commission to an operator by use of a host computer system; allocating the remainder of the pool of wagers as a common pari-mutuel fund for paying one or more winning bettors by use of the host computer system; offering the betters a plurality of betting options by use of an electronic interface, including bets relating to participants involved in a non-athletic human contest, wherein the participants are ranked according to performance statistics; receiving bets from the bettors by use of the electronic interface; determining which of the bettors win based on the bets by use of the host computer system; and determining a payout for each winning bettor according to a pari-mutuel strategy by use of the host computer system.