Patent ID: 8241114

Claim:
A system adapted to be used by a bettor for placing a contest entry or wager, comprising: a display for presenting an individual with several prognostications and the rationale therefor from an expert in horse racing, each of the prognostications being in the form of a wagering proposition, the presentation of said several prognostications and exotic waging propositions occurring prior to the placing of a wager; and; a unit for selecting one of said presented wager propositions for automatically placing with a racetrack sanctioned entity a wager corresponding to said selection in which money is adapted to be transferred from the bettor to the racetrack sanctioned entity, said unit automatically dispensing winnings to the bettor based on a winning wager, said wager based on the selection of one of the wagering propositions associated with said several presented prognostications, whereby said wager takes into account the presented expert prognostications and expert rationale such that said individual can pick amongst said several prognostications and automatically place a bet.