US20050227758A1

US20050227758A1 - Football money machine/ baseball money machine/ hockey money machine/ basketball money machine

Info

Publication number: US20050227758A1
Application number: US10/818,263
Authority: US
Inventors: Louis Prigioniero
Original assignee: Individual
Current assignee: Individual
Priority date: 2004-04-02
Filing date: 2004-04-02
Publication date: 2005-10-13

Abstract

This is a game which can be used for legal sports book involving football, basketball, baseball and hockey. The game is designed to apply pari-mutuel wagering to a single sporting event involving the aforementioned sports. Pari-mutuel has been traditionally used in horse racing and dog racing. These sporting contests involve more than one competitor. Pari-mutuel has also been traditionally used in the aforementioned sporting events where more than one sporting event is involved and traditionally it is used where the player is to predict the champion for the season. The key to this invention is it provides for low risk plays with small returns and high risk plays with high returns all in a single sporting contest involving the aforementioned sports.

Description

Game Rules

Line: Line must have ½ points to prevent ties. The line is a fixed amount prior to the initiation of betting.
Losers pay winners
To win: you must pick the winner considering the spread and you must pick the spread loser's actual number of points scored. The MONEY MACHINE loser and winner are determined by using the spread. The winning team for purposes of MONEY MACHINE may be the actual loser of the sporting event and the MONEY MACHINE loser may be the winning team of the actual sporting event. Winner in these rules refers to spread winner and loser refers to spread loser.
Scores which are not chosen and scores which are not on the board will result in the total payout pool being paid to the house. If an individual bettor is to receive from a winning bet a payout that involves pennies or cents, then the actual amount the winning bettor shall receive will be reduced to the next lowest whole dollar amount. The pennies or the cents portion of the winning bet shall be paid to the house.

Definitions and Game Operation

Bet:
The bet is the amount of money an individual bettor places with an individual bet on a possible winning team considering the spread and the score of the possible spread loser on a particular sporting event . A $5.00 minimum bet is suggested. The FOOTBALL MONEY MACHINE example is set for a $12.50 minimum bet.
Total Wagered:
This is the total amount bet on a particular sporting event at a particular date and time using MONEY MACHINE. A running total will be provided to bettors on each teams money board. This amount will be fixed at the close of betting. This amount does not include the house guarantee.
Net Bet:
This is the amount of the individual bet reduced by the percentage amount given to the house. A 20% house take is suggested.
House Guarantee:
Prior to the opening of betting, the house must guarantee the minimum size of the total payout pool for each game. If and only if the total payout pool is less than the house guarantee amount, then the house guarantee amount will be used to calculate approximate payouts on minimum bets. It shall be done in the following manner: Minimum net bet divided by the winning pool multiplied by the house guarantee. At the point in time the total payout pool is equal to or greater than the house guarantee amount, then the house shall be released from the guarantee requirements. At this point in time, possible payouts on minimum bets will be calculated by using the total payout pool amount instead of the house guarantee amount. At the close of betting, if the house guarantee amount is greater than the total payout pool, then the house shall contribute to the total payout pool an amount equal to the difference between the house guarantee amount and the total payout pool.
Pool:
The pool shall be an independent account established for each number that corresponds to the potential losing team's score. There shall be an equal number of pools established for each possible losing team. An individual pool is filled with money from net bets. The house's share of the bet is removed from the bet prior to the bet money entering the pool. The net bet is the amount that actually enters the pool. A running total calculation of the amount of money in each pool shall be kept on each possible losing teams money board.
Losing Pools:
All pools in the spread winner's score pools plus all pools in the spread loser's score pools except the winning pool.
Individual Bettor's Net Bet:
This is the amount of a net bet by an individual bettor in a particular pool for a particular game.
Approximate Payout on Minimum Bet:
This approximation shall be displayed on the money board for each pool of each possibly losing team for a particular sporting event. It shall be displayed as a running calculation. If the total payout pool is equal to or greater than the house guarantee, it is calculated by dividing the minimum net bet by the amount in each particular pool and then by multiplying it by the total payout pool. If the total payout pool is less than the house guarantee, then the approximate payout on a minimum bet shall be calculated by dividing the minimum net bet by the amount in each particular pool and multiplying it by the house guarantee amount.
Total Payout Pool:
Total amount of money in all pools on a particular game at a particular date and time. A running calculation will be provided to bettors on each team's money board. At the close of betting, if necessary, the house will contribute to the total payout pool an amount sufficient so that the total payout pool is equal to the house guarantee amount. At the point in time that the sporting event result is official, the total payout pool becomes total winnings.
Winning Pool:
This pool is the one whose pool number corresponds with the official spread loser's actual score. The correct pool number shall be established by using the actual number of the spread loser's score. The winning pool is established at the official end of the sporting event.
Winning bettors:
Those bettors who correctly choose the winner considering the spread and the spread loser's actual score and correctly have placed a bet in the spread loser's pool number that corresponds to the spread loser's actual score. The line shall have no effect on matching the actual spread loser's score with the spread loser's pool number.
Total Winnings:
It is established at the official end of the sporting event and is equal to the payout pool.
Individual Winning Bettor Receives:
The amount of the individual's net bet divided by the amount in the winning pool multiplied by total winnings.
Football Game Design:
For each actual football game, there shall be 100 betting pools established. Each possible losing team shall have 50 pools. The pools are numbered 0-50 except for number 1. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
NBA Game Design:
For each actual basketball game, there shall be 102 betting pools established. Each possible losing team shall have 51 pools. The pools are numbered 75-126. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
Baseball Game Design:
For each actual baseball game, there shall be 32 betting pools established. Each possible losing team shall have 16 pools. The pools are numbered 0-16. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.
Hockey Game Design:
For each actual hockey game, there shall be 20 betting pools established. Each possible losing team shall have 10 pools. The pools are numbered 0-9. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.

Multiple Bets

Multiple Bets:
This is a simplified method of making multiple bets in a single transaction.
Call Betting:
The Bettor will be required to pick the winner considering the spread, state the amount of the individual bet and pick two or more score pools from the same predicted loser's score pools. The house will automatically place bets for the bettor on the possible winning team provided and the predicted loser's score pools provided by the bettor. All bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the call bet is the amount of the initial bet provided by the bettor multiplied by the number of bets placed on the same predicted loser's score pools. The bettor will not be required to request a call bet. It will occur automatically upon requesting a single winner and two or more bets on the same possible loser's score pools.
Block Betting:
The bettor will be required to pick the winner considering the spread and provide the amount of the individual bet and provide the first and last whole number in a continuous whole number sequence. The house will automatically place bets for the bettor in the bettor's predicted loser's score pools. Bets will be placed on a loser's score pool numbers that correspond to the number sequence provided by the bettor. Bets will be placed on the first number and last number provided plus bets will also be placed on all whole numbers in between the numbers provided. The total number of bets will be equal to the first number plus the second number selected plus all of the whole numbers in between. Each bet amount will be equal to the amount initially provided by the bettor. The total amount of the wager is equal to the total number of bets multiplied by the initial bet amount provided by the bettor. All bets will be reduced by the house percentage take prior to being placed in any of the designated pools.

Football Only

Defense Wheel:
The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “defense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 3, 6, 7, 10, 13, 14. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the defense wheel is the amount of the initial bet provided by the bettor multiplied by six.
Offense Wheel:
The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “offense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the offense wheel is the amount of the initial bet provided by the bettor multiplied by six.
Giant Wheel:
The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “giant wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 6, 7, 10, 13, 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is ten. All ten bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the giant wheel is the amount of the initial bet provided by the bettor multiplied by ten.
Odds Wheel:
The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “odds wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 8, 9, 11, 12, 15, 16, 18 and 19. The total number of bets placed by the house for the bettor is eight. All eight bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the odds wheel is the amount of the initial bet provided by the bettor multiplied by eight.
Scoring Wheel:

The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “scoring wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 24, 26, 27, 28, 30 and 31. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the scoring wheel is the amount of the initial bet provided by the bettor multiplied by six.



SUPERBOWL XXXVII
TAMPA BAY vs. OAKLAND
Line: Oakland by 3½
Date of Event: Jan. 26, 2003
Final Score Bet
BET:

	Sporting Event:	NFL/Tampa Bay vs. Oakland
	Date of Event:	Jan. 23, 2003
	Amount of Bet:	$12.50
	Winner:	Tampa Bay
	Spread Loser's Score:	20, 23
	(Optional) Multiple Bets:	None
	TOTAL WAGER:	$25.00
	Date and Time of Bet:
	Jan. 22, 2003 - 3:15 p.m.



FOOTBALL MONEY MACHINE
SUPERBOWL XXXVII
TAMPA BAY vs. OAKLAND
Event Date: Jan. 23, 2003
Final Score Money Board
OAKLAND'S SCORE POOLS AND APPROXIMATE PAYOUTS
LINE: OAKLAND BY 3½ (Wagered: $125,000
Total Payout Pool $100,000/Amount in Oakland's Score Pools
$50,000.00/Tampa Bay's Score Pools $50,000.00/Minimun Bet $12.50)
HOUSE GAURANTEE-OFF

Loser's	Amount	Approximate
Score	In Pool	Payout on Min. Bet

0	$2,000.00	$500
2	$500.00	$2,000
3	$2,000.00	$500
4	$10.00	$100,000
5	$100.00	$10,000
6	$2,000.00	$500
7	$4,000.00	$250
8	$1,000.00	$1,000
9	$1,000.00	$1,000
10	$2,000.00	$500
11	$500.00	$2,000
12	$1,000.00	$1,000
13	$2,000.00	$500
14	$4,000.00	$250
15	$190.00	$5,263
16	$200.00	$5,000
17	$2,000.00	$500
18	$200.00	$5,000
19	$100.00	$10,000
20	$5,000.00	$200
21	$2,000.00	$500
22	$100.00	$10,000
23	$5,000.00	$200
24	$5,000.00	$200
25	$100.00	$10,000
26	$4,000.00	$250
27	$4,000.00	$250
28	$0.00	$100,000
29	$0.00	$100,000
30	$0.00	$100,000
31	$0.00	$100,000
32	$0.00	$100,000
33	$0.00	$100,000
34	$0.00	$100,000
35	$0.00	$100,000
36	$0.00	$100,000
37	$0.00	$100,000
38	$0.00	$100,000
39	$0.00	$100,000
40	$0.00	$100,000
41	$0.00	$100,000
42	$0.00	$100,000
43	$0.00	$100,000
44	$0.00	$100,000
45	$0.00	$100,000
46	$0.00	$100,000
47	$0.00	$100,000
48	$0.00	$100,000
49	$0.00	$100,000
50	$0.00	$100,000

Date and Time Information Provided:



HOCKEY MONEY MACHINE
NHL
DETROIT vs. CHICAGO
Event Date:
Final Score Money Board
CHIGAGO'S SCORE POOLS AND APPROXIMATE PAYOUTS
LINE: DETROIT BY ½ Wagered: $12,500 Total Payout Pool
$10,000 Amount in Chigago's Score Pools $5,000.00
Detroit's Score Pools $5,000.00 Minimun Bet $12.50)
HOUSE GAURANTEE-OFF

Loser's	Amount	Approximate
Score	In Pool	Payout on Min. Bet

0	$1,000.00	$100
1	$1,000.00	$100
2	$1,000.00	$100
3	$1,000.00	$100
4	$500.00	$200
5	$500.00	$200
6	$0.00	$10,000
7	$0.00	$10,000
8	$0.00	$10,000
9	$0.00	$10,000

Date and Time Information Provided:

BASEBALL MONEY MACHINE

MAJOR LEAGUE BASEBALL

DETROIT VS. CHICAGO W

Event Date:

Final Score Money Board

CHIGAGO'S SCORE POOLS AND APPROXIMATE PAYOUTS

LINE: Detroit by 1 ½ (Wagered: $125,000

Total Payout Pool $100,000/Amount in Chicago's (W) Score

Pools $50,000.00/Detroit's Score Pools $50,000.00/

Minimun Bet $12.50) HOUSE GAURANTEE-OFF

Loser's	Amount	Approximate
Score	In Pool	Payout on Min. Bet

0	$10,000.00	$100
1	$10,000.00	$100
2	$10,000.00	$100
3	$10,000.00	$100
4	$5,000.00	$200
5	$1,000.00	$1,000
6	$1,000.00	$1,000
7	$1,000.00	$1,000
8	$1,000.00	$1,000
9	$1,000.00	$1,000
10	$0.00	$100,000
11	$0.00	$100,000
12	$0.00	$100,000
13	$0.00	$100,000
14	$0.00	$100,000
15	$0.00	$100,000

Date and Time Information Provided:



BASKETBALL MONEY MACHINE
NBA
DETROIT VS. CHIGAGO
Event Date:
Final Score Money Board
DETROIT'S SCORE POOLS AND APPROXIMATE PAYOUTS
LINE: Chicago by 3½ Wagered: $125,000 Total Payout Pool
$100,000/Amount in Detroit's Score Pools $50,000.00/Chicago's
Score Pools $50,000.00/Minimun Bet $12.50) HOUSE
GAURANTEE-OFF

Loser's	Amount	Approximate
Score	In Pool	Payout on Min. Bet

75	$2,000.00	$500
76	$500.00	$2,000
77	$2,000.00	$500
78	$10.00	$100,000
79	$100.00	$10,000
80	$2,000.00	$500
81	$4,000.00	$250
82	$1,000.00	$1,000
83	$1,000.00	$1,000
84	$2,000.00	$500
85	$500.00	$2,000
86	$1,000.00	$1,000
87	$2,000.00	$500
88	$4,000.00	$250
89	$190.00	$5,263
90	$200.00	$5,000
91	$2,000.00	$500
92	$200.00	$5,000
93	$100.00	$10,000
94	$5,000.00	$200
95	$2,000.00	$500
96	$100.00	$10,000
97	$5,000.00	$200
98	$5,000.00	$200
99	$100.00	$10,000
100	$0.00	$100,000
101	$4,000.00	$250
102	$4,000.00	$250
103	$0.00	$100,000
104	$0.00	$100,000
105	$0.00	$100,000
106	$0.00	$100,000
107	$0.00	$100,000
108	$0.00	$100,000
109	$0.00	$100,000
110	$0.00	$100,000
111	$0.00	$100,000
112	$0.00	$100,000
113	$0.00	$100,000
114	$0.00	$100,000
115	$0.00	$100,000
116	$0.00	$100,000
117	$0.00	$100,000
118	$0.00	$100,000
119	$0.00	$100,000
120	$0.00	$100,000
121	$0.00	$100,000
122	$0.00	$100,000
123	$0.00	$100,000
124	$0.00	$100,000
125	$0.00	$100,000
126	$0.00	$100,000

Date and Time Information Provided:

WHY MONEY MACHINE?

Using the science of pari-mutuel gaming, Money Machine combines the high probability of winning from traditional sports book with the high payouts of popular bar room “squares” sports gaming.
The technology to build the game board and terminals is already in use at horse tracks.
Money Machine does not alienate the traditional sports bettor because it provides for options that provide a high probability of winning and also requires handicapping skills.
Money Machine provides for more intrigue than traditional sports book because it draws upon more handicapping skills.
Money Machine is more exciting than traditional sports book because it provides for high payout situations.
Money Machine, with its additional intrigue and excitement, will revive hockey, basketball and baseball sports book.
Money Machine will attract numbers and lottery players because it provides for high payback situations.
The house take is virtually guaranteed.
Players will enjoy placing more bets on the same game as odds change prior to the close of betting.
Players will be encouraged to-come to the Casino to study the money board and search for advantageous betting situations.

Money Machine is tested. 100% fun was had by all players.



FOOTBALL MONEY MACHINE
SUPERBOWL XXXVII
TAMPA BAY vs. OAKLAND
Event Date: Jan. 23, 2003
Final Score Money Board
TAMPA BAY'S SCORE POOLS AND APPROXIMATE PAYOUTS
LINE: OAKLAND BY 3½ (Wagered: $125,000 Total Payout Pool
$100,000/Amount in Tampa Bay's Score Pools $50,000.00/
Oakland's Score Pools $50,000.00/Minimun Bet $12.50)
HOUSE GAURANTEE-OFF

Date and Time Information Provided:

Claims

1. The application of pari-mutuel wagering to the above-stated sporting events in the manner stated below.

Game Rules:

Line: Line must have ½ points to prevent ties. The line is a fixed amount prior to the initiation of betting.

Losers pay winners

To win: you must pick the winner considering the spread and you must pick the spread loser's actual number of points scored. The MONEY MACHINE loser and winner are determined by using the spread. The winning team for purposes of MONEY MACHINE may be the actual loser of the sporting event and the MONEY MACHINE loser may be the winning team of the actual sporting event. Winner in these rules refers to spread winner and loser refers to spread loser.

The manner in which accounting is performed for the spread loser's score as well as the way the winner is chosen is also my invention.

Pool: The pool shall be an independent account established for each number that corresponds to the potential losing team's score. There shall be an equal number of pools established for each possible losing team. An individual pool is filled with money from net bets. The house's share of the bet is removed from the bet prior to the bet money entering the pool. The net bet is the amount that actually enters the pool. A running total calculation of the amount of money in each pool shall be kept on each possible losing teams money board.

Losing Pools: All pools in the spread winner's score pools plus all pools in the spread loser's score pools except the winning pool.

Approximate Payout on Minimum Bet: This approximation shall be displayed on the money board for each pool of each possibly losing team for a particular sporting event. It shall be displayed as a running calculation. If the total payout pool is equal to or greater than the house guarantee, it is calculated by dividing the minimum net bet by the amount in each particular pool and then by multiplying it by the total payout pool. If the total payout pool is less than the house guarantee, then the approximate payout on a minimum bet shall be calculated by dividing the minimum net bet by the amount in each particular pool and multiplying it by the house guarantee amount.

Winning Pool: This pool is the one whose pool number corresponds with the official spread loser's actual score. The correct pool number shall be established by using the actual number of the spread loser's score. The winning pool is established at the official end of the sporting event.

Winning bettors: Those bettors who correctly choose the winner considering the spread and the spread loser's actual score and correctly have placed a bet in the spread loser's pool number that corresponds to the spread loser's actual score. The line shall have no effect on matching the actual spread loser's score with the spread loser's pool number.

Total Winnings: It is established at the official end of the sporting event and is equal to the payout pool.

The following Designs for the money board are my invention:

Football Game Design: For each actual football game, there shall be 100 betting pools established. Each possible losing team shall have 50 pools. The pools are numbered 0-50 except for number 1. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.

NBA Game Design: For each actual basketball game, there shall be 102 betting pools established. Each possible losing team shall have 51 pools. The pools are numbered 75-126. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.

Baseball Game Design: For each actual baseball game, there shall be 32 betting pools established. Each possible losing team shall have 16 pools. The pools are numbered 0-16. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.

Hockey Game Design: For each actual hockey game, there shall be 20 betting pools established. Each possible losing team shall have 10 pools. The pools are numbered 0-9. The number assigned to a particular pool for a particular game corresponds to the possible spread loser's score.

The following multiple bets are my invention:

Multiple Bets:

Multiple Bets: This is a simplified method of making multiple bets in a single transaction.

Call Betting: The Bettor will be required to pick the winner considering the spread, state the amount of the individual bet and pick two or more score pools from the same predicted loser's score pools. The house will automatically place bets for the bettor on the possible winning team provided and the predicted loser's score pools provided by the bettor. All bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the call bet is the amount of the initial bet provided by the bettor multiplied by the number of bets placed on the same predicted loser's score pools. The bettor will not be required to request a call bet. It will occur automatically upon requesting a single winner and two or more bets on the same possible loser's score pools.

Block Betting: The bettor will be required to pick the winner considering the spread and provide the amount of the individual bet and provide the first and last whole number in a continuous whole number sequence. The house will automatically place bets for the bettor in the bettor's predicted loser's score pools. Bets will be placed on a loser's score pool numbers that correspond to the number sequence provided by the bettor. Bets will be placed on the first number and last number provided plus bets will also be placed on all whole numbers in between the numbers provided. The total number of bets will be equal to the first number plus the second number selected plus all of the whole numbers in between. Each bet amount will be equal to the amount initially provided by the bettor. The total amount of the wager is equal to the total number of bets multiplied by the initial bet amount provided by the bettor. All bets will be reduced by the house percentage take prior to being placed in any of the designated pools.

Football Only

Defense Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “defense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 3, 6, 7, 10, 13, 14. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the defense wheel is the amount of the initial bet provided by the bettor multiplied by six.

Offense Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “offense wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the offense wheel is the amount of the initial bet provided by the bettor multiplied by six.

Giant Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “giant wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 6, 7, 10, 13, 14, 17, 20, 21, 23 and 24. The total number of bets placed by the house for the bettor is ten. All ten bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the giant wheel is the amount of the initial bet provided by the bettor multiplied by ten.

Odds Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “odds wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 8, 9, 11, 12, 15, 16, 18 and 19. The total number of bets placed by the house for the bettor is eight. All eight bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the odds wheel is the amount of the initial bet provided by the bettor multiplied by eight.

Scoring Wheel: The bettor will be required to pick the winner considering the spread, state the amount of the individual bet and request “scoring wheel”. The house will automatically place bets for the bettor in the following predicted loser's score pools: 24, 26, 27, 28, 30 and 31. The total number of bets placed by the house for the bettor is six. All six bets placed by the house will be equal to the initial bet amount stated by the bettor. The total wager amount for the scoring wheel is the amount of the initial bet provided by the bettor multiplied by six.

The inventions expressed in this claim are difficult to understand without the reading of the entire description of the invention. However, in this claim, I have limited it only to concepts which are completely new to the art of gaming on the above-stated sports.