| CPC G07F 17/3258 (2013.01) [G06Q 50/34 (2013.01); G07F 17/3237 (2013.01); G07F 17/3288 (2013.01)] | 12 Claims | 

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               1. A method of offering a group jackpot on a betting network, comprising: 
            storing wagers made during an event on the betting network; 
                identifying users based on wagering devices used by the users to make the wagers on the betting network; 
                storing user identification information of the identified users in a group database; 
                creating, on the betting network, a betting group having a group ID, wherein creating the betting group having the group ID comprises polling a wagering device of a first user for a group ID, searching a group database for a group ID of a matching betting group, identifying no matches to the group ID in the group database, and creating the betting group; 
                grouping one or more other users into the betting group on the betting network, via a group join module, the group join module polling a wagering device of the one or more other users for the group ID and searching the group database for the group ID of the betting group that matches the group ID received from the wagering device of the one or more other users; 
                determining wager wins and losses for the betting group; 
                dynamically determining an amount of the group jackpot; and 
                awarding the group jackpot or a portion of the group jackpot to one or more of the users in the betting group. 
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