Patent ID: 7874902

Claim:
A controller-implemented method for playing a simulated card game, the method comprising the steps of: displaying on a display device in communication with a controller a plurality of entries of at least two game elements per entry and displaying at least one of a set of community game elements to a virtual game to a player, each game element of the entries and community game elements associated with a game value according to a game rule for the virtual game; subsequent to displaying the plurality of entries, revealing at least one of the community game elements to the player prior to receiving an initial wager from the player associated with at least one of the plurality of entries such that the player has knowledge of at least one of the community game elements prior to selecting their initial hand and placing their initial wager, the wager associated with at least one bet type from a plurality of pari-mutuel bet types available to the player; displaying winning odds associated with each entry in combination with the at least one community game element displayed to the player prior to receiving the wager from the player and displaying a plurality of prizes to the player, each prize associated with an entry; at least one of the pari-mutuel bet types being a progressive event-based bet wherein an initial payout pool for the progressive bet is seeded with non-player funds; displaying to the player odds of winning in each of the different available types of pari-mutuel bets for each of the entries, and updating the displayed odds of winning as more bets are placed; displaying the remaining community game elements to the player once betting is closed; wherein the step of displaying the remaining community game elements comprises: displaying the remaining community game elements one at a time; and updating the winning odds after each of the remaining community game elements is displayed; determining whether the wager wins based on the plurality of entries, the at least one bet type, and according to the game rule for the virtual game.