Patent ID: 8905832

Claim:
An apparatus comprising: a computing device; and a non-transitory medium having stored thereon a plurality of instructions that when executed by the computing device cause the apparatus to: assign participants of a race to respective groups of a set of three groups, wherein each of the participants has respective odds associated therewith of winning the race, wherein based on the odds a first one of the participants is deemed a favorite, a second one of the participants is deemed a long shot, and the remaining participants are deemed a middle of the pack, and wherein the favorite is assigned to a first group of the set of three groups, the long shot is assigned to a second group of the set of three groups, the middle of pack are assigned to a third group of the set of three groups, and there are at least two members of the middle of the pack; receive a wager on the first one of the set of three groups, in which the wager wins if the favorite reaches a designated point in the race first; receive another wager on the third one of the set of three groups, in which the another wager wins if any one of the middle of the pack reaches the designated point in the race first; determine which one group of the set of three groups is a winning group based on at least one finishing position of at least one of the participants at the designated point in the race; and facilitate payments for wagers made on the winning group in response to determining that the winning group is the winning group.