Real time betting system and method including a jackpot for short time interval events
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United States of America Patent
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Jan 2, 2018
Grant Date -
Aug 7, 2014
app pub date -
Feb 1, 2014
filing date -
Feb 3, 2013
priority date (Note) -
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Abstract
A real-time betting system includes an event control server enabled to communicate data via a network. The event control server communicates gaming event information to various system components and an event control database for collecting and storing event data. A real-time betting system server communicates in operative communication with the event control server and includes an odds transformation module for transforming probabilities to odds. The system has a bookmaker server and a plurality of betting devices in operative communication with the event control server. The real-time betting system server enables a jackpot payout possibility for each bet enabled by the bookmaker server. The betting devices receive event information, including odds. Bets placed at the betting devices are communicated to the bookmaker server. The events having a short time interval and are selectively communicated to the betting devices to enable bets to be placed.
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