abstract |
It provides an improved method of parity and gambling system. In one embodiment different types of bets are provided and processed within the same betting pool on top of major events, for example horse racing, dog racing, sporting events, lotteries, and the like. Different types of bets, determined by the same bet pool, are carried out through a demand-based evaluation with basic bets within the equal combination by configuring each bet type as an equal combination with premiums and payouts. In another embodiment, the bettor may place a bet in a betting pool with a limited odds over the selection of major event outcomes. Bets with limited odds are not fully met but partially met, with the final odds on the selected result of the major event being greater than or equal to the limited odds. |