Method of and system for virtual gaming on virtual events

A - Human Necessities – 63 – F

Patent

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Details

A63F 13/12 (2006.01) G06F 7/58 (2006.01) G07C 15/00 (2006.01) H04L 12/16 (2006.01) G07F 17/32 (2006.01)

Patent

CA 2579388

The present invention relates to wagering systems, and more specifically, to a method of and system for wagering on virtual races and other virtual games or events. Embodiments of the invention include the following: interconnectivity to an existing tote or pari-mutuel network to administer betting and payment; use of random number generated (RNG)-based games of chance; generation of simulated (i.e. virtual) races and games; support for complex bids such as accepting wagers on 7 horses in a 14 horse race, finishing in a particular order; and the rolling over of pots to generate very large payouts.

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