Patents by Inventor Peter C. Rotondo

Peter C. Rotondo 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).

  • Bets regarding intermediate points in a race event using fractional timing
    Patent number: 11875647
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Grant
    Filed: November 29, 2021
    Date of Patent: January 16, 2024
    Assignee: CFPH, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L Miller, Peter C. Rotondo
  • BETS REGARDING INTERMEDIATE POINTS IN A RACE EVENT USING FRACTIONAL TIMING
    Publication number: 20220084369
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Application
    Filed: November 29, 2021
    Publication date: March 17, 2022
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L. Miller, Peter C. Rotondo
  • System and method for providing bets regarding intermediate points in a race event using fractional timing
    Patent number: 11189135
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Grant
    Filed: November 20, 2019
    Date of Patent: November 30, 2021
    Assignee: CFPH, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L. Miller, Peter C. Rotondo
  • SYSTEM AND METHOD FOR PROVIDING BETS REGARDING INTERMEDIATE POINTS IN A RACE EVENT USING FRACTIONAL TIMING
    Publication number: 20200090470
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Application
    Filed: November 20, 2019
    Publication date: March 19, 2020
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L. Miller, Peter C. Rotondo
  • Bets regarding intermediate points in a race event using fractional timing
    Patent number: 10515515
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Grant
    Filed: September 14, 2012
    Date of Patent: December 24, 2019
    Assignee: CFPH, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L. Miller, Peter C. Rotondo
  • Bets regarding ranges of times at intermediate points in a race
    Patent number: 8491366
    Abstract: A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.
    Type: Grant
    Filed: August 10, 2005
    Date of Patent: July 23, 2013
    Assignee: CFPH, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Kenneth L. Miller, Peter C. Rotondo