US 11,756,374 B2
Managing bets that select events and participants
Joseph M. Asher, Las Vegas, NV (US); and Kenneth L. Miller, New York, NY (US)
Assigned to CANTOR INDEX LLC, New York, NY (US)
Filed by CANTOR INDEX LLC, New York, NY (US)
Filed on Jun. 3, 2021, as Appl. No. 17/337,462.
Application 17/337,462 is a continuation of application No. 16/841,172, filed on Apr. 6, 2020, granted, now 11,030,850.
Application 16/841,172 is a continuation of application No. 16/272,021, filed on Feb. 11, 2019, granted, now 10,636,246, issued on Apr. 28, 2020.
Application 16/272,021 is a continuation of application No. 14/816,562, filed on Aug. 3, 2015, granted, now 10,229,553, issued on Mar. 12, 2019.
Application 14/816,562 is a continuation of application No. 10/771,076, filed on Feb. 3, 2004, granted, now 9,098,883, issued on Aug. 4, 2015.
Prior Publication US 2021/0287485 A1, Sep. 16, 2021
This patent is subject to a terminal disclaimer.
Int. Cl. G07F 17/00 (2006.01); G07F 17/32 (2006.01); G06Q 50/34 (2012.01)
CPC G07F 17/3223 (2013.01) [G06Q 50/34 (2013.01); G07F 17/3258 (2013.01); G07F 17/3272 (2013.01); G07F 17/3288 (2013.01)] 20 Claims
OG exemplary drawing
1. An apparatus comprising:
at least one processor configured to control:
receiving at least one electronic message comprising a plurality of group bets from a plurality of bettors, each group bet being received, over a communication network, from one of the plurality of bettors via a computing device, each group bet comprising:
a plurality of events selected from among a group of events offered by a sponsor of the group bets, each event having a plurality of participants;
a respective participant selected for each of the plurality of events selected for the group bet; and
a bet amount;
combining the bet amounts respectively of the group bets to form a betting pool, in which the bet amounts of the group bets are combined by combining amounts of different bets having different selected combinations of events and different selected participants from each other that are pooled together in the betting pool;
determining an amount of a payout for one or more winning group bets of the group bets based at least in part on the combined bet amounts of the group bets in the betting pool; and
determining whether to cause a dispense of the amount of the payout at an interface associated with a self-service machine.