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The bookie has indicated that it could close up to outlets, with the number of closures ultimately dependent on how gamblers change their habits. William Hill is making progress in fulfilling its American ambitions. Since legislation banning sports betting was overturned in May, six states have legalised this form of gambling, and William Hill is present in all six. Sign in Register. Join our community of smart investors Subscribe. Investment Ideas. A non-cash impairment on the UK retail business wiped out full-year profits.

Pari-mutuel golf betting software sports nfl week 16 betting line

Pari-mutuel golf betting software sports

USA vs. Heck, any team vs. Kick off the event with a team putting contest, and while teams are putting give them an hour pre-round to place wagers. Pros have offered wagering opportunities to predict overall point totals for each side, daily point totals for each side, as well as total number of halved singles matches on the final day.

Club vs. Club events are an awesome form of golf competition with varying formats that lend well to pre-competition wagering. Amateurs love playing and participating with their Pro in Pro-Am tournaments, and they also love betting on their team to win it all!

Pros can display player handicaps on Homestretch Golf so participants can strategically decide which teams they believe will play well given any Pro-Am tournament format. Setup your fundraising charity tournament in Homestretch Golf and allow players to wager on who they think will win the tournament. Homestretch Golf is proud to donate a portion of our fee to the American Cancer Society, so be proud that any event you run on Homestretch Golf helps raise money for a great cause.

Golf trips can bring the best of many worlds together: travel, friends, food, new cultures, great golf courses, romance, drinks, camaraderie…and of course, many possible wagering opportunities! Assign one trusted person to run all your wagering offerings using Homestretch Golf, and our automatic digital receipts and notifications of winning wagers will take care of the rest.

Golf trips come in many different sizes, durations and formats of play — get creative and if you have a group that likes a lot of betting action, be sure to offer a Homestretch Golf wagering opportunity daily prior to the first ball in the air! Set aside a portion of the tournament entry fee to allow teams to wager on the tournament outcome! This creative approach has proven to yield a fun tournament experience and is a foolproof way to guarantee sufficient wagering action because there is no out-of-pocket expenses for the participants!

Want to get your members invested in your season-long points race at the club? All of the incorrect wagers will fund payouts for all of the correct wagers. Minimum three options for participants to bet on for any prop bet to ensure payout viability. View all blog posts. Find Your Tournament. Admin Login Create Admin Account. Create First Tournament. Paperless pre-round pari-mutuels and wagering software for club golfers, built by a PGA Professional. For Everyone No prior wagering experience is needed to build and run a successful pari-mutuel golf tournament for your participants.

Wagering Participants Ready to place your wagers? Save valuable time No more need to manually decipher and input wagers from paper slips into software. A more exciting experience with LIVE ODDS Your golfers will see live odds to win during the open betting window of time, which helps participants make more informed wagers. No app download required Your golfers can easily use our cloud based software on any device without needing to download an app.

Secure and safe Our experience is cloud based which means access for both golfers and admins is always live from any device. Enhance the pari-mutuel experience with field information Though not required to use Homestretch Golf, admins can easily import player names and either team or individual handicaps.

The new paperless way to save pre-round golf wagers. Create Free Admin Account. Homestretch Golf is very convenient and time saving! Jason P. Member — Great Falls, VA. Ready to experience the new paperless way to run your golf pari-mutuels? Club Championships Whether you run stroke play or match play championships, allowing participants to wager before play starts adds a fun component to these major events. Scrambles Spice up your scrambles with Homestretch Golf!

Pro-Am Tournaments Amateurs love playing and participating with their Pro in Pro-Am tournaments, and they also love betting on their team to win it all! Charity Fundraisers Setup your fundraising charity tournament in Homestretch Golf and allow players to wager on who they think will win the tournament.

Stipend Wagering As Part Of Tournament Entry Set aside a portion of the tournament entry fee to allow teams to wager on the tournament outcome! Why is it that golf tournaments at my club with fun pari-mutuels are so rare? Thank you for successfully contacting Homestretch Golf. This variant will have more utility when played with respect to rushing statistics and receiving statistics.

It is more common to have quarterbacks and receivers run the ball and more common to have running backs catch the ball than it is to have running backs and receivers throw the ball. Statistical performance measures may be used to rank quarterbacks and groups to determine place of finish.

Different performance criteria and weightings may be used to create different games, enhancing player utility, enjoyment and ability to apply knowledge and skill. As described, each game has a statistical performance scoring methodology in order to be able to rank performances. For the quarterback games, a quarterback's statistical measures such as passing yards, pass completions, completion percentage, interceptions and touchdown passes can be used in various weightings to determine a score that can be ranked against others.

In some games, other measures such as rushing yards and rushing touchdowns can be included. For games involving the other positions, statistical measures applicable to those positions will be used. Rushing yards and touchdowns for running backs, receiving yards and touchdowns for wide receivers and tight ends, field goals and extra points for kickers, and the like, are measures that are typically associated with those positions and may be included as part of the scoring formulae for those positions.

A sample quarterback performance is calculated under both given scoring criteria. Quarterback John Doe's performance for a game is as follows:. Pass attempts 30 Pass completions 18 Passing yards Passing touchdowns 2 Pass interceptions 1 Rushing yards 15 Rushing touchdowns 1.

Under the scoring formula shown in Example 1, John Doe's score would be 0. Under the scoring formula shown in Example 2, John Doe's score would be 0. This shows that depending on scoring methodology, there can be a wide variance of results based on the same performance. In these examples, one formula emphasizes throwing performance while the other recognizes the full contribution of the quarterback. The bettor can apply his or her skill and knowledge to place wagers on quarterbacks that reflect these differences, depending on the particular game the bettor is playing.

The time interval of interest is one week's slate of games. The games are:. Just with the limited number of variants mentioned, 16 different quarterback games may be simultaneously offered each week during the NFL regular season.

This number may be higher if more combinations of quarterbacks and more scoring methodologies are offered. By considering the other time-based and player position variants that are possible, the bettor who has a wagering interest in this sport will have an extremely large selection of games from which to choose during the entire NFL season, not just at the beginning.

This gives the bettor a consistent, wide range of choices, providing the bettor greater utility, enjoyment and potential to apply his or her knowledge and skill. Furthermore, unlike horse and dog pari-mutuel wagering, the present system does not rely on a single statistic i. The only element considered in horse and dog pari-mutuel wagering is time i. With the present invention, a plurality of different statistics may be employed to determine rank.

For example, a quarterback may pass for yards and throw for 4 touchdowns, but that does not necessary correlate to whether the quarterback will win his or her game. The same is true for baseball players who hit multiple home runs in a game.

This provides bettors and system operators a much wider variety of options and considerations when placing and crafting different types of wagers. Moreover, with horse and dog pari-mutuel type wagering, all contestants i. In the present system and method, the contestants i. These leagues have calendar schedules that differ from the NFL's schedule, resulting in wagering games based on this sport to be possible approximately 10 months a year. College football is also a candidate for games, with games based on Division I, II and III teams and players, conferences, bowl games and championship playoffs.

The same type of variants will apply as in the NFL-based games, with changes, as necessary, due to differing regular season schedules, pre-seasons, post-seasons, playoffs, bowl games and league structures. Several baseball leagues exist worldwide that may be of interest to bettors.

Games can be created based on professional baseball leagues in the United States major league and minor league , Japan, Korea and Mexico as well as college baseball in the United States. Wagers can be placed on where an individual player's statistics will rank compared to the statistics of other players of the same position e.

The positions of highest interest are likely those positions used as a basis for fantasy baseball games. These positions typically fall into two types, pitcher and position player. Each type may be the basis of a game, with time, player grouping, team and statistical methodology variants. For the pitcher position games, a pitcher's statistical measures such as wins, losses, saves, innings pitched, strikeouts, walks, hits, earned runs, earned run average, and errors can be used in various weightings to determine a score that can be ranked against others.

For the position player games, a player's statistical measures such as hits, home runs, stolen bases, walks, batting average, runs batted in, runs scored and errors can be used in various weightings to determine a score that can be ranked against others. Several basketball leagues exist worldwide that can be of interest to bettors. Games can be created based on men's professional basketball leagues in the United States and Europe, women's professional basketball in the United States, plus men's and women's college basketball in the United States.

Wagers can be placed on where an individual player's statistics will rank compared to the statistics of other players 1 st , 2 nd , 3 rd , etc. Although there are generally three positions in basketball i. Therefore, all positions may be grouped together, with no separate games based on separate positions. The games may have, like the other games, time, player grouping, team and statistical methodology variants.

For the basketball-based games, a player's statistical measures such as minutes played, shooting percentage, free throw percentage, rebounds, assists, personal fouls and points can be used in various weightings to determine a score that can be ranked against others.

Several hockey leagues exist worldwide that can be of interest to bettors. Games can be created based on professional hockey leagues in Canada and the United States NHL and minor league , and Europe as well as college hockey in the United States. Wagers can be placed on where an individual player's statistics will rank compared to the statistics of other players of the same type position e.

The positions of highest interest are likely those positions used as a basis for fantasy hockey games. These positions typically fall into two types, goaltender and position player. Each type will be the basis of a game, with time, player grouping, team and statistical methodology variants.

For the goaltender games, a goaltender's statistical measures such as goals allowed, saves, goals against average and save percentage can be used in various weightings to determine a score that can be ranked against others. Other human sporting events may have utility with respect to the game, depending on bettor interest. These sports include golf, tennis, soccer, vehicle e. The game types, statistics considered, scoring formulae, and the like, will vary depending on the sport.

Other human contests or events, such as political elections or beauty pageants, also have utility with respect to the present invention. For example, consider an American Presidential election. The presidential election process has a primary process and a general election process. Opportunities exist in both processes for wagering games based on the statistics of the participants. Typical statistics for a candidate include popular votes and vote percentage. These statistics can be weighted in various fashions to create games.

In addition, the candidates can be grouped to create additional games. For example, assume that in a state primary there are twenty-four total candidates, representing six political parties. In addition to the basic game, where each candidate's statistics are ranked against each other, candidates can be grouped, as well as parties, to create additional games. In this case, a bettor may place wagers on an individual candidate, a party, or groups of parties. With the wide range of sports and events that occur worldwide, a large number of games will be available throughout the year to provide bettor enjoyment and potential to apply the bettor's knowledge and skill.

According to the present invention, sports wagering is based on a pari-mutuel wagering system, which, by definition, is a system where all bettors are competing for a common pool of funds. Bettors compete against one another rather than against the house. The scope of the present invention is meant to be that set forth in the claims that follow and equivalents thereof, and is not limited to any of the specific embodiments described above.

Year of fee payment : 4. Year of fee payment : 8. Year of fee payment : This invention relates to sports and event wagering, particularly to a new sport and event wagering game and system. This game and supporting system allows pari-mutuel wagering with respect to new areas other than horse or dog racing, which will expand the sports wagering industry to encompass new areas of interest and enjoyment to bettors. Specifically, pari-mutuel wagering is enabled with respect to the performance statistics of individual sport or event participants, combinations of sport participants, combinations of event participants, and sport teams.

This wagering game is supported by an electronic system, which allows interaction with the game via various communications methods, remotely or in-person, which can allow or restrict wagering activity based upon bettor location. There is a continuing need for a sports wagering game that has the following attributes: High odds payout potential for every game, regardless of event type, game type, sport or length of game Allows a single correct choice to be a sufficient condition for payout eligibility, without, in addition, having to beat a house imposed handicap or spread No limitations with respect to choice of wagers or sport participants by the bettor Ability for the bettor to apply knowledge and skill Ability for the bettor to rely on random chance, if desired No requirement for the bettor to have an expert knowledge of a sport in order to be successful Currently choices for wagering on sports are limited by the drawbacks associated with fixed odds wagering.

The present invention enables these and many other benefits to be obtained. Input Elements The input elements include various communication devices used by bettors to interact with wagering system , such as wireless phones 80 e. Linking Elements In the preferred embodiment of the present invention, system includes several linking elements including wireless network 70 , gateway 50 , and portal Processing Elements The wagering system host 10 is the core processing element in the wagering game system, handling wagering gaming and bettor accounting functions.

Interfacing with Wagering System In operation, a bettor can interact with the wagering system by interfacing either directly or indirectly with the wagering system host Typical Wagers that can be placed through System In the preferred embodiment, system is adapted to allow bettors to wager on human sporting events. For a particular wagering game, a bettor can make the following wagers with regard to two or more participants' performance statistics with respect to the rest of the betting field for that game: Finish Position Name of Wager Reference Name First and Second Place Exacta First, Second and Third Place Trifecta First, Second, Third and Fourth Place Perfecta Last and Next to Last Place Closing Note that the position wagers shown here are not the only wagers of this type possible.

Wagers Eligible for Payout In general, to be eligible for payout, the bettor's wager must be correct. Example Wagers Eligible for Payout: Type of Wager Wager Eligible for Payout if Win Selected player finishes first Place Selected player finishes first or second Show Selected player finishes first, second or third Clear Selected player finishes first, second, third or fourth Lag Selected player finishes next to last or last End Selected player finishes last Exacta Selected players finish first and second in order Trifecta Selected players finish first, second and third in order Perfecta Selected players finish first, second, third and fourth in order Closing Selected players finish last and next to last in order The types of wagers eligibility for payout can be expanded or reduced, depending on the field size and bettor interest.

Additional Host Functionality Host 10 may further include some additional capabilities that are described below. Sample Payout Calculation Methodologies Although not inclusive, the host 10 may calculate payouts based upon various calculation methodologies specific to a particular finish position. Second Place Place A. The payoff amount per dollar wagered on the winning entrant, which will include the gross dollar wagered upon the winning entrant to place, will be determined by: dividing the amount wagered upon the winner to place into the sum of: the amount wagered upon the winner to place, plus one-half of the difference between the place betting pool and the combined sum wagered on the winning and placing entrants to place.

Third Place Show A. The payoff amount per dollar wagered on the winning entrant, which will include the gross dollar wagered upon the winning entrant to show, will be determined by: dividing the gross amount wagered upon such winning entrant to show into the sum of: the gross amount wagered on the winning entrant to show, plus one-third of the difference between the show betting pool and the combined sums wagered on the entrants which placed first, second, and third to show.

The payoff amount per dollar wagered on the second place entrant, which will include the gross dollar wagered upon the second place entrant to show, will be determined by: dividing the gross amount wagered upon such entrant to show into the sum of: the gross amount wagered on the second place entrant to show, plus one-third of the difference between the show betting pool and the combined sums wagered on the entrants which placed first, second and third to show.

The payoff amount per dollar wagered, which will include the gross dollar wagered upon the third place entrant to show, will be determined by: dividing the gross amount wagered upon such entrant to show into the sum of: the gross amount wagered on the third place entrant to show, plus one-third of the difference between the show betting pool and the combined sums wagered on the entrants which placed first, second and third to show. Interacting with the Wagering System Bettors may interact with system in order to perform the following tasks: 1.

Establishing, withdrawing and replenishing accounts 2. Selecting particular sport or event wagering games 3. Examining performance statistics 4. Examining odds 5. Placing wagers 6. Collecting winning wagers and account funds Depending upon the input element chosen by the bettor, some tasks may be performed in different manners.

Selected Task Lists by Interface Method For illustrative purposes, selected tasks that may be performed by a bettor in the various interface methods are listed below. In Person If the bettor wishes to place wagers on a cash basis in person in a casino sportsbook, no account needs to be established.

Establishing a Wagering Account The following steps may be performed in order for a bettor to establish a wagering account in person through a wagering system operator: a. Bettor provides personal identification information b. Wagering system operator sets up bettor's account c. Wagering system operator provides account information to bettor d. Bettor communicates amount of initial deposit e. Bettor provides initial deposit f. Wagering system operator provides deposit confirmation to bettor Placing Wagers The following steps may be performed when a bettor places wagers in person through a wagering system operator: a.

Bettor communicates wager to wagering system operator b. Bettor communicates account information to wagering system operator c. Wagering system operator inputs account and wager information into wagering system d. Bettor provides account information to wagering system operator b. Bettor requests amount of funds to disburse c.

Wagering system operator confirms that sufficient funds are available d. Wagering system deducts funds from bettor's account e. Wagering system operator pays requested funds to bettor 2. Telephone Interacting with the game system via telephone may be accomplished by the bettor interfacing with a menu-based, interactive voice response system IVR with the option of speaking to a live operator.

Establishing a Wagering Account The following steps may be performed in order for a bettor to establish a wagering account over a telephone: a. Bettor accesses wagering system telephone menu e. Bettor selects account menu e. Bettor provides personal identification information d. Wagering system sets up bettor's account e. Wagering system provides account information to bettor f. Bettor communicates amount of initial deposit g.

Bettor provides payment information h. Wagering system provides deposit confirmation to bettor Placing Wagers The following steps may be performed in order for a bettor to place wagers over a telephone: a. Bettor selects wagering menu e. Bettor inputs account access information to wagering system d. Bettor selects sport of interest e. Bettor selects type of game e. Bettor selects type of bet g. Bettor selects desired player or team h.

Bettor inputs amount of bet i. Wagering system checks account balance to verify sufficient funds available j. If sufficient, wagering system deducts amount of bet from bettor's account k. Wagering system provides wager confirmation to bettor Collecting Winning Wagers and Account Funds The following steps may be performed in order for a bettor to collect winning wagers and account funds over a telephone: a. Bettor selects distribution menu e. Bettor inputs account access information to wagering system e.

Bettor inputs amount of funds to disburse f. Wagering system checks account balance to verify sufficient funds available g. If sufficient, wagering system deducts amount of bet from bettor's account h. Wagering system processes disbursement i. Wagering system provides disbursement confirmation to bettor The bettor may also receive statistics by selecting a statistics menu block Internet Interacting with the game system via the internet may be accomplished by the bettor interfacing with the game system or casino website.

Establishing a Wagering Account The following steps may be performed in order for a bettor to establish a wagering account over the internet: a. Bettor accesses wagering game website b. Bettor selects account establishment link c. Bettor inputs personal identification information d. Bettor inputs amount of initial deposit and payment information g.

Wagering system processes payment and credits bettor's account h. Wagering system provides deposit confirmation to bettor Placing Wagers The following steps may be performed in order for a bettor to place wagers over the internet: a. Bettor selects wagering link c. Bettor inputs account access information into wagering system d. Bettor inputs wager information and wager amount into wagering system e. Wagering system checks account balance to verify sufficient funds available f.

If sufficient, wagering system deducts amount of bet from bettor's account g. Wagering system provides wager confirmation to bettor Collecting Winning Wagers and Account Funds The following steps may be performed for a bettor to collect winning wagers and account funds over the internet: a. Bettor selects account link c. Bettor selects distribution menu d. Bettor inputs account access information into wagering system e.

Wagering system provides disbursement confirmation to bettor III. Examples of Pari-Mutuel Wagering Applications This section provides some examples of specific pari-mutuel wagering applications that can be performed by the present pari-mutuel wagering system and method.

National Football League For purposes of illustration, an embodiment of a wagering game according to the present invention will be described with respect to the National Football League NFL. Example: Quarterback Game Time-Based Game Baseline Game In this game, the bettor may place wagers on where a particular quarterback's statistics will rank e.

Suitable time periods may include: Pre-season e. Example: Player Grouping Game In this game, the bettor can place wagers on where a particular grouping of quarterbacks' statistics will rank e. Example: Team-Based Game In this game, the bettor can place wagers on where the combined quarterback statistics for an entire team will rank e.

Statistical Performance Measures and Variants Statistical performance measures may be used to rank quarterbacks and groups to determine place of finish. Quarterback John Doe's performance for a game is as follows: Pass attempts 30 Pass completions 18 Passing yards Passing touchdowns 2 Pass interceptions 1 Rushing yards 15 Rushing touchdowns 1 Under the scoring formula shown in Example 1, John Doe's score would be 0. The games are: 1. Individual quarterback, Pass performance 2.

Individual quarterback, Total performance 3. Combination quarterback, Best performance, Pass performance 4. Combination quarterback, Best performance, Total performance 5. Combination quarterback, Combination performance, Pass performance 6. Combination quarterback, Combination performance, Total performance 7. Team quarterback, Pass performance Team quarterback, Total performance Just with the limited number of variants mentioned, 16 different quarterback games may be simultaneously offered each week during the NFL regular season.

Other Sports as the Basis of Games 2. Baseball Several baseball leagues exist worldwide that may be of interest to bettors. Basketball Several basketball leagues exist worldwide that can be of interest to bettors. Hockey Several hockey leagues exist worldwide that can be of interest to bettors. Other Sports and Events Other human sporting events may have utility with respect to the game, depending on bettor interest.

A pari-mutuel wagering method comprising the steps of: offering a plurality of wagering options related to human sporting events to a plurality of bettors, wherein the wagering options include wagers based on performance statistics, wherein the wagers are not directly related to the outcome of the sporting events or to predicting the outcome of sub-events that may occur during the sporting events;. The pari-mutuel wagering method of claim 1 , wherein the plurality of wagering options includes wagering on individual performance statistics of sports players participating in the human sporting events.

The pari-mutuel wagering method of claim 1 , wherein the plurality of wagering options includes wagering on performance statistics of groups of sports players participating in the sporting events. The pari-mutual wagering method of claim 1 , wherein the plurality of wagering options includes wagering on performance statistics of sports teams participating in the sporting events.

The pari-mutuel wagering method of claim 1 , wherein the human sporting event is football. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is baseball. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is basketball. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is hockey. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is golf.

The pari-mutuel wagering method of claim 1 , wherein the human sporting event is tennis. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is soccer. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is auto racing. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is rugby. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is cricket. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is jai-alai.

The pari-mutuel wagering method of claim 1 , wherein the human sporting event is hurling. The pari-mutuel wagering method of claim 1 , wherein the human sporting event is lacrosse. The pari-mutuel wagering method of claim 1 , wherein the step of taking wagers from the bettors is performed over the internet.

The pari-mutuel wagering method of claim 1 , wherein the step of taking wagers from the bettors is performed over the telephone. The pari-mutuel wagering method of claim 1 , wherein the operator is a casino sportsbook. A system for pari-mutuel sports wagering comprising: at least one processing element which is adapted to receive wagers relating to human sporting events, wherein the wagers are based on performance statistics and are not directly related to the outcome of the sporting events or to predicting the outcome of sub-events that may occur during the sporting events, and wherein the at least one processing element is further adapted to create multiple pools of wagers based on the performance statistics, to allocate a portion of each pool of wagers as commission to an operator, to calculate odds relating to the wagers based on a pari-mutuel wagering strategy, to determine whether the received wagers are winning wagers, and to determine a payout amount for the winning wagers based on the pari-mutuel wagering strategy;.

The system of claim 21 , wherein the wagers relate to individual performance statistics of sports players participating in human sporting events. The system of claim 21 , wherein the wagers relate to performance statistics of groups of sports players participating in human sporting events. The system of claim 21 , wherein the wagers relate to performance statistics or sports teams participating in human sporting events.

The system of claim 21 , wherein the input elements comprise elements selected from the group consisting of wireless phones, pagers, computers, voice-over-IP phones, and landline phones. The system of claim 21 , wherein the linking elements comprise elements selected from the group consisting of wireless networking elements, wired networking elements, gateway elements, and portals.

The system of claim 21 , wherein said at least one processing element comprises a host server. CA CAA1 en USB2 en. AUB9 en. CAA1 en. WOA1 en. System and method for providing access to and managing account activity for an online account. System and method for establishing and providing access to various types of online accounts. System and method for a lottery and auction based tournament entry exchange platform.

System and method for slot machine game associated with financial market indicators. Gaming device having multiple selectable display interfaces based on player's wagers. Gaming device having physical concentric symbol generators which are operable to provide a plurality of different games to a player. System and method for forming a financial instrument indexed to entertainment revenue.

Gaming system, gaming device and method for providing player selection of modifiers to game components. Systems and methods for scoring competitive strategy predictions of users on a play-by-play basis. Gaming device and method for providing player selection of modifiers to game components.

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