Patents by Inventor Bradford Cummings

Bradford Cummings has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20190080564
    Abstract: In a method and system for wagering on sporting events, multiple point-of-purchase terminals are provided for generating tickets, with each ticket including a series of player-selected numbers (or other alphanumeric characters or symbols) or a series of randomly generated numbers (or other alphanumeric characters or symbols), each number corresponding to a selected outcome associated with the one or more sporting events. A first predetermined portion of the purchase price is allocated to a wager on the selected outcomes, which is placed with a sportsbook. Another portion of the purchase price is allocated to a secondary payout pool. Occurrence of the one or more sporting events results in a series of winning outcomes and a payout. The secondary payout pool can then be accessed to award consolation prizes and/or supplement payouts.
    Type: Application
    Filed: November 13, 2018
    Publication date: March 14, 2019
    Inventor: Bradford Cummings
  • Publication number: 20160300452
    Abstract: In a method and system for wagering on sporting events, multiple point-of-purchase terminals are provided for generating tickets, with each ticket including a series of player-selected numbers (or other alphanumeric characters or symbols) or a series of randomly generated numbers (or other alphanumeric characters or symbols), each number corresponding to a selected outcome associated with the one or more sporting events. A first predetermined portion of the purchase price is allocated to a wager on the selected outcomes, which is placed with a sportsbook. Another portion of the purchase price is allocated to a secondary payout pool. Occurrence of the one or more sporting events results in a series of winning outcomes and a payout. The secondary payout pool can then be accessed to award consolation prizes and/or supplement payouts.
    Type: Application
    Filed: March 24, 2016
    Publication date: October 13, 2016
    Inventor: Bradford Cummings
  • Patent number: 8734240
    Abstract: In a method for administering a lottery in combination with a pari-mutuel pool, tickets are generated at point-of-purchase terminals, each ticket including a series of randomly generated or user-selected numbers. A portion of the purchase price of each ticket is allocated to the pari-mutuel pool and is treated as a wager in the pari-mutuel pool, while another portion of the purchase price may be allocated to other pools, including a supplemental payout pool. If the ticket is a winning ticket, a preliminary amount of a payout from the wager in the pari-mutuel pool is determined. In some cases, this preliminary amount is supplemented from monies in the supplemental payout pool.
    Type: Grant
    Filed: January 20, 2012
    Date of Patent: May 27, 2014
    Assignee: Equilottery LLC
    Inventor: Bradford Cummings
  • Publication number: 20140128140
    Abstract: In a method for administering a lottery in combination with a pari-mutuel pool, tickets are generated at point-of-purchase terminals, each ticket including a series of randomly generated or user-selected numbers. A portion of the purchase price of each ticket is allocated to the pari-mutuel pool and is treated as a wager in the pari-mutuel pool, while another portion of the purchase price may be allocated to other pools, including a supplemental payout pool. If the ticket is a winning ticket, a preliminary amount of a payout from the wager in the pari-mutuel pool is determined. In some cases, this preliminary amount is supplemented from monies in the supplemental payout pool.
    Type: Application
    Filed: January 20, 2012
    Publication date: May 8, 2014
    Applicant: EQUILOTTERY LLC
    Inventor: Bradford Cummings