US 11,816,963 B2
Event wagering with group and/or in run options
Kenneth L. Miller, Las Vegas, NV (US); Craig Lipka, New York, NY (US); and Quinton Singleton, Henderson, NV (US)
Assigned to CFPH, LLC, New York, NY (US)
Filed by CFPH, LLC, New York, NY (US)
Filed on Feb. 28, 2022, as Appl. No. 17/681,913.
Application 17/681,913 is a continuation of application No. 16/785,270, filed on Feb. 7, 2020, granted, now 11,263,872.
Application 16/785,270 is a continuation of application No. 16/362,966, filed on Mar. 25, 2019, granted, now 10,580,260, issued on Mar. 3, 2020.
Application 16/362,966 is a continuation of application No. 14/562,916, filed on Dec. 8, 2014, granted, now 10,262,502, issued on Apr. 16, 2019.
Application 14/562,916 is a continuation of application No. 13/754,522, filed on Jan. 30, 2013, granted, now 8,905,832, issued on Dec. 9, 2014.
Claims priority of provisional application 61/708,185, filed on Oct. 1, 2012.
Claims priority of provisional application 61/592,094, filed on Jan. 30, 2012.
Prior Publication US 2022/0383703 A1, Dec. 1, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G07F 17/32 (2006.01); G06Q 50/34 (2012.01); A63F 9/14 (2006.01)
CPC G07F 17/3288 (2013.01) [A63F 9/14 (2013.01); G06Q 50/34 (2013.01); G07F 17/3244 (2013.01)] 20 Claims
OG exemplary drawing
 
1. An apparatus comprising:
at least one processor configured to control:
assigning participants of an event to respective groups of a set of three groups, wherein each of the participants has respective odds associated therewith of attaining an outcome in the event, wherein at least one first participant of the participants has odds in a first range, at least one second participant of the participants has odds in a second range, and remaining participants have odds in a third range between the first range and the second range, wherein the odds in the first range are more favorable than the odds in the second range, and wherein the at least one first participant is assigned to a first group of the set of three groups, the at least one second participant is assigned to a second group of the set of three groups, at least a portion of the remaining participants is assigned to a third group of the set of three groups, and there are at least two members of the at least the portion of the remaining participants;
receiving a wager on the second group of the set of three groups, in which the wager wins if any of the at least one second participant attains a designated outcome before a predetermined number of other participants of the participants of the event attains the designated outcome;
receiving another wager on the third group of the set of three groups, in which the another wager wins if any one of the at least the portion of the remaining participants attains the designated outcome before the predetermined number of the other participants attains the designated outcome;
determining which one group of the set of three groups is a winning group based on at least one of the participants attaining the designated outcome; and
facilitating payments for wagers made on the winning group in response to determining the one group is the winning group.