Patent ID: 8708811

Claim:
A wagering apparatus operative with a plurality of wagering devices for allowing a placement of a wager on a multi-leg event pool the wagering apparatus comprising: a server system controller configured to communicate with the plurality of wagering devices, said server system controller programmed to cause the wagering devices to: display a sequence of wagering events; select, in response to input from a player, at least two sequentially completed wagering events upon which a single wager is accepted, wherein a series of wagers associated with the selection, of the at least two sequentially completed events has an associated pool jackpot; generate a ticket and associated record within a database reflecting the wagering event selections; transfer ownership or partial ownership of the ticket to a third party at any desired time during the multi-leg event pool; receive input of an outcome of the wagering events; determine that at least one ticket has correctly selected the outcome of at least a first wagering event in the sequence of wagering events, thereby qualifying at least one player to win the pool jackpot or a portion thereof; generate and cause display of a proposal to fully or partially buyout the player, the proposal including a value of a percentage chance that outcome of wagering events that have not yet been completed have been correctly selected; issue a credit, tokens or currency to the player if the proposal is accepted; and tender the ticket.