| abstract |
Various embodiments of a multi-jurisdictional wagering system are described for preforming actions to increase the diversity, volume and efficiency of a regulated wagering market. In one embodiment, the odds offered by an odds maker are distributed via a licensed disseminator to entities who are licensed to take wagers form punters within a regulated jurisdiction. In another embodiment, a system and method is described for a licensed entity to receive a guaranteed fee for offering wagering opportunities to punters, minimizing the financial exposures to the licensed entity for offering the wagering opportunities. In yet another embodiment, a hybrid wagering system is described that combines fixed odds wagering within a pari-mutuel framework. |