US3909002A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Data-processing system for determining gains and losses from bets
Assignee: REMOTE BETTING INTERNATIONAL Inc
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Filing: 1974-03-04
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Granted: 1975-09-30
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Expires: 1994-03-04
Abstract
Abstract In an establishment in which wagers are placed on the outcome of a fortuitous event, such as the roll of a pair of dice, the spin of a roulette wheel, the result of a horse race, or the like, a player operates a remote selector panel on which a register displays a previously established credit balance. Bets on the event are made from the panel by wagering any amount up to the limit of the credit balance. The amount wagered is automatically deducted from the credit balance, and in the event of a win the amount wagered is multiplied by a predetermined odds factor for the event and added to the credit balance.
Inventors
- 👤 David Levy
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-23 07:50
CPC Classifications
G; G07; G07F; G07F17/00; G07F17/32; G07F17/3202; G07F17/3204; G07F17/3211; G07F17/3213; A; A63; A63F; A63F3/00; A63F3/08; A63F3/081; G06; G06Q; G06Q50/00; G06Q50/34; G07F17/3286; G07F17/3288; A63F9/00; A63F9/24; A63F2009/2401; A63F2009/243; A63F2009/2435; A63F5/00; A63F5/04
Claims Analysis
Total Claims: 11
Claim 1
Independent Claim
207 words
A data-processing system for determining gains and losses from bets on a fortuitous event, comprising: a player''s station remote from the site of said event; first selector means at said player''s station operable by a player to indicate an amount wagered on the outcome thereof; second selector means at said player''s station operable by the player to choose one of several types of wagers; register means at said player''s station inaccessible to the player following operation thereof to display an initial credit balance, said register means being responsive to said first selector means for deducting the wagered amount from said balance; calculating means coupled to said second selector means for determining an odds factor from the chosen type of wager; arithmetic means coupled to said register means and to said calculating means, said arithmetic means being actuatable under the control of said first selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by said odds factor to increase the existing credit balance; a control station at the site of said event; actuating means for said arithmetic means at said control station; and transmission means linking said actuating means to said arithmetic means.
Claim 2
Dependent Claim
207 words
A data-processing system for determining gains and losses from bets on a fortuitous event, comprising: a player''s station remote from the site of said event; first selector means at said player''s station operable by a player to indicate an amount wagered on the outcome thereof; second selector means at said player''s station operable by the player to choose one of several types of wagers; register means at said player''s station inaccessible to the player following operation thereof to display an initial credit balance, said register means being responsive to said first selector means for deducting the wagered amount from said balance; calculating means coupled to said second selector means for determining an odds factor from the chosen type of wager; arithmetic means coupled to said register means and to said calculating means, said arithmetic means being actuatable under the control of said first selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by said odds factor to increase the existing credit balance; a control station at the site of said event; actuating means for said arithmetic means at said control station; and transmission means linking said actuating means to said arithmetic means.
Claim 3
Dependent Claim
38 words
A system as defined in claim 1 wherein said player''s station is one of a plurality of such stations each provided with individual arithmetic means, said transmission means being common to the arithmetic means of all player''s stations.
Claim 4
Dependent Claim
21 words
A system as defined in claim 2 wherein said arithmetic means form part of a computer common to all player''s stations.
Claim 5
Dependent Claim
25 words
A system as defined in claim 1 wherein said player''s station comprises a panel carrying said first and second selector means and said register means.
Claim 6
Dependent Claim
19 words
A system as defined in claim 4 wherein said calculating and arithmetic means are located at said player''s station.
Claim 7
Dependent Claim
34 words
A system as defined in claim 4, further comprising a closed-circuit television channel linking said player''s station with the site of said event, said television channel including an observation screen disposed adjacent said panel.
Claim 8
Dependent Claim
51 words
A system aS defined in claim 4 wherein the site of the event is a race track, said calculating means comprising a track computer, said panel being provided with player-operable signaling means responsive to said first and second selector means and connected to said tract computer for supplying odds-determining data thereto.
Claim 9
Dependent Claim
35 words
A system ad defined in claim 7 wherein said first and second selector means are coupled to said signaling means for finalizing a selection upon the transmission of said odds-determining data to said track computer.
Claim 10
Dependent Claim
29 words
A system as defined in claim 7 wherein said player''s station is one of a plurality of such stations, said track computer being common to all said player''s stations.
Claim 11
Dependent Claim
33 words
A system as defined in claim 9 wherein the arithmetic means of all said player''s stations form part of another computer common to all said player''s stations and connected to said track computer.
References Cited (Backward Citations)
US3124674A
Cited
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1978-09-29 | 1979-03-31 | 1979-09-30 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1982-09-29 | 1983-03-31 | 1983-09-30 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1986-09-29 | 1987-03-31 | 1987-09-30 | $7700.00 | Window Closed / Lapsed |