Invention Grant
- Patent Title: System and method for high-speed pari-mutuel wagering using a clearinghouse
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Application No.: US16263503Application Date: 2019-01-31
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Publication No.: US10937278B2Publication Date: 2021-03-02
- Inventor: Joseph M. Asher , Howard W. Lutnick
- Applicant: CFPH, LLC
- Applicant Address: US NY New York
- Assignee: CFPH, LLC
- Current Assignee: CFPH, LLC
- Current Assignee Address: US NY New York
- Main IPC: G06F17/00
- IPC: G06F17/00 ; G07F17/32 ; G06Q20/02

Abstract:
This disclosure provides a pari-mutuel wagering system that includes a first wagering facility communicably coupled with a network and operable to receive a bet on a wagering event hosted by a second wagering facility. The first wagering facility is further operable to transmit the bet to the second wagering facility via the network. The system further includes a clearinghouse communicably coupled with the network and operable to capture audit information associated with the bet from the network.
Public/Granted literature
- US20190236908A1 SYSTEM AND METHOD FOR HIGH-SPEED PARI-MUTUEL WAGERING USING A CLEARINGHOUSE Public/Granted day:2019-08-01
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