Abstract: A system and method for administering a live action sports game in which a live sports game is displayed and a virtual game associated with the live sports game is established including players of the live sports game based on defined game scoring rules and strategies. A virtual team of players from two or more of the live action sports games is selected. A virtual team score from received statistics of the live action sports game as a sum of points actually scored by the virtual team of players and bonus points for team play that directly contributes to scoring and/or the prevention of scoring. Optionally a player bonus points based on popularity of a player is determined.

Abstract: The system and method disclosed facilitates betting that allows the punter, bettor or wagerer to know the exact current odds and specify the minimum fixed odds and/or payout that will be received on a successful bet if the wager is accepted, while also assuring that the betting pool created is a true pari-mutuel. The disclosed system and method also guarantees that there will always be at least one winner of the betting pool regardless of the number, pattern and distribution of the bets placed. The system's features, in ensemble, make horse race wagering a much more analytic sport, where betting skills bring significant rewards. It elevates horse race wagering to a level where risk can be properly evaluated in terms of potential gain and maximizes the likelihood that a bet will be accepted at the most favorable odds possible.

Abstract: The system and method disclosed facilitates betting that allows the punter, bettor or wagerer to know the exact current odds and specify the minimum fixed odds and/or payout that will be received on a successful bet if the wager is accepted, while also assuring that the betting pool created is a true pari-mutuel. The disclosed system and method also guarantees that there will always be at least one winner of the betting pool regardless of the number, pattern and distribution of the bets placed. The system's features, in ensemble, make horse race wagering a much more analytic sport, where betting skills bring significant rewards. It elevates horse race wagering to a level where risk can be properly evaluated in terms of potential gain and maximizes the likelihood that a bet will be accepted at the most favorable odds possible.

Abstract: The present invention relates to a wagering system that satisfies pari-mutuel regulations while offering patrons fixed-odds at the time the wager is made.

Abstract: A computer system for providing fixed-odds pari-mutuel wagering for wagering on entries in a race including: at least one processor; and a computer-readable memory operatively connected to the at least one processor, with instructions capable of performing steps comprising: (a) opening the wagering system with an initial pari-mutuel pool at initial fixed-odds for each entry in the race; (b) evaluating each proposed wager at the initial fixed-odds to determine whether a combination of wagers, in whole or part, would satisfy a predetermined pari-mutuel calculation; (c) accepting or rejecting each proposed wager at the initial fixed-odds, in whole or in part, based on the determination in step (b); (d) based on one or more predetermined criteria, closing the initial pari-mutuel pool to further wagering; (e) optionally providing a subsequent pari-mutuel pool, comprising the steps of: (A) providing a subsequent pari-mutuel pool with optionally modified fixed-odds for each entry in the race; (B) evaluating each pro

Abstract: The present invention relates to a lottery system and method in which the winning lottery number is known, and preferably displayed, before the lottery game commences and before any lottery tickets are sold so that players will know instanteously whether their purchased lottery ticket is a winner.