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If this is your first season betting on baseball, well, you picked an interesting one. Unlike football and basketball where the majority of bets are based on the point spreadbaseball is a moneyline sport. This means that bettors need to pick only who wins the game, not who covers.

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Dead-heat horse racing betting software

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USA TODAY BETTING

This record was achieved by using a special slit camera. Lorenzo Del Riccio , a Paramount Pictures motion picture engineer improved the circular flow camera, a device which had been invented in the s especially for the purpose of photographing moving objects. Unlike conventional cameras the circular flow camera used a single vertical slit instead of a shutter ; a strip of film moved horizontally across the fine vertical opening located in the focal plane. This limited the field of vision to no more than a few inches, the restricted field being aligned with the vertical line on the winning post on which the lens was focused.

The strip film moved across the slit in the opposite direction to the race and at substantially the same speed as the rate of movement of the image of the horses as each passed the finishing line. This kept the image of the horses more or less stationary with respect to the film. As soon as the first horse started to pass over the line, the camera began to record its image on the moving film from the nose backwards, progressively along the length of the body, with the arrival of every horse at the finishing post in succession.

This produced a strip photographic record of the horses as they passed the vertical plane winning post. Film was advanced continuously at a pace equivalent to the average speed of a racing horse, resulting in distortions of length slower-moving horses appear to be stretched , but still preserving the order of finishers.

If the reflected image of the horses aligned vertically exactly with the foreground image, it was proof that the camera was not viewing the finish line at an angle and therefore incorrectly recording the horses' relative positions. Pearl's partner was his friend, society portraitist Athol Shmith. Digital cameras use a 1-dimensional array sensor to take 1-pixel-wide sequential images of the finish line. Since only a single line of the CCD is read out at a time, the frame rates can be very high up to 20, frames per second [5].

Unlike a film based photo finish, there is no delay from developing the film, and the photo finish is available immediately. They may be triggered by a laser , photovoltaic means, or even motion sensing done within the photo finish camera. Another method for creating this strip involves combining individual photographs. A high-speed camera or a movie camera is used to take a continuous series of partial frame photos at a fast rate, while leaving no blank space between the cells.

In athletics, races have to be timed accurately to hundredths or even thousandths of a second. A battery of electronic devices are installed in high-profile events such as the Olympic Games to ensure that accurate timings are given swiftly both to the spectators and to the officials. The photo finish has been used in the Olympics since as early as , when the Stockholm Olympics used a camera system in the men's metres race. At the finish line, photocells and digital cameras are used to establish the placings.

Sometimes, in a race as fast as the m sprint, all eight athletes can be separated by less than half a second. It is not uncommon for two athletes to have exactly the same time recorded without there being a dead heat. The Summer Olympics saw the introduction of some of the fastest timekeeping equipment yet, with cameras that take photographs 3, times a second compared to , which were 1, times per second.

The Swedish Olympic Committee appealed the ranking. The camera on the far side of the track may have given additional evidence, but it was malfunctioning. The appeal was rejected and Spirig was declared the winner. This is the first time an Olympic triathlon result was decided on a photo finish. Therefore the riders Taylor Phinney and Guillaume Boivin were both awarded a bronze medal.

In the Tour de France a difference of 0. Two races have tied for closest margin for a photo finish in the Cup Series :. In horse racing , photo finishes determine accurately when the horses hit the finish line. This developed in the late s, by the end of which strip cameras were used for photo finishes; prior to this point high-speed motion picture cameras were used, but did not provide sufficient temporal resolution.

The most notable dead heat was in the Hambletonian Stakes , with both Park Avenue Joe and Probe finishing in a dead heat. A photo finish decided the winner of the running of the Japan Cup , which was given to Alkaseed, narrowly defeating Heart's Cry. From Wikipedia, the free encyclopedia. For other uses, see Photo finish disambiguation. Main article: Strip photography.

Main article: High-speed photography. A foreshortening of the phrase first overland. Going - The condition of the racecourse firm, heavy, soft, etc. Official Jockey Club going reports progress as follows: Heavy - soft - good to soft - good - good to firm - firm. Handicap - A race for which a handicapper assigns weights to be carried. Also, to handicap a race, to make selections on the basis of the past performances. Hand - Four inches. A horse's height is measured in hands and inches from the top of the shoulder withers to the ground, e.

Thoroughbreds typically range from 15 to 17 hands. Inquiry - Reviewing the race to check into a possible infraction of the rules. Also, a sign flashed by officials on the tote board on such occasions. If lodged by a jockey, it is called an objection. In the Money - Describes the horses in a race that finish 1st, 2nd and 3rd and sometimes 4th or the horses on which money will be paid to bettors, depending on the place terms.

Length - A measurement approximating the length of a horse from nose to tail, about 8 feet, used to denote distance between horses in a race. Morning Line - Approximate odds printed in the program and posted before wagering begins. This is a forecast of how the morning line maker believes wagering will occur in a particular race. Objection - Claim of foul lodged by rider, patrol judge, or other official after the running of a race. If lodged by an official, it is called an inquiry. Odds - The sportsbook's or bookmaker's view of the chance of a competitor winning adjusted to include a profit.

The figure or fraction by which a bookmaker or totalisator offers to multiply a bettor's stake, which the bettor is entitled to receive plus his or her own stake if their selection wins. Odds Against - A term to describe that the odds are greater than evens e.

Oddsmaker - A person who sets the betting odds. Note that sportsbooks or bookies don't set the odds. Most major sportsbooks use odds set by Las Vegas oddsmakers. Odds-on - Odds of less than even money. This is a bet where you have to outlay more than you win. For example if a horse is two to one odds-on, you have to outlay two dollars to win one dollar and if the horse wins you collect a total of three dollars the two dollars you bet and the one dollar you won.

Outsider - A horse that is not expected to win. An outsider is usually quoted at the highest odds. Overlay - A horse going off at higher odds than it appears to warrant, based on its past performances. Overnight Race - A race in which entries close a specific number of hours before running such as 48 hours , as opposed to a stakes race for which nominations close weeks and sometimes months in advance.

Over the Top - When a horse is considered to have reached its peak for that season. Overweight - Surplus weight carried by a horse when the rider cannot make the assigned weight. Parked-out - A horse racing on the outside with at least one horse between him and the inside rail or barrier. Post position - A horse's position in the starting gate, numbered from the inner rail outward. Purse - The amount of prize money distributed to the owners of the first five or six finishers in a race varies by state.

Qualifying Race - A race without a purse or betting used to determine a horse's ability and manners. Horses that have made repeated breaks in stride or have been away from the races for a long period of time must race in a qualifying race before being allowed to race in a betting race.

Quinella Double - A wager type that requires the selection of the first two finishers, regardless of order, in each of the two specified contests. This wager type is also known as double quinella. Register of Merit - A Register of Merit is designed to establish a record of outstanding performance.

There are three Registers of Merit- one for racing, one for halter and one for performance events- but not a separate Register of Merit for each performance event. A horse has received at least one official speed index rating of 80 or higher in racing. Qualified horses registered with the Jockey Club of New York City will be listed and treated as racing Register of Merit qualifiers for all purposes, except that they shall not receive a certificate of Register of Merit or year-end awards.

Until , a Grade A was a 75 or better speed index. From to Grade AA was an 85 or better. From to a Register of Merit could be earned by an 80 or better speed index, or by earning 10 racing points. From to present a Register of Merit could only be earned by a speed index of 80 or better. Schooling Race - A non-pari-mutuel preparatory race, which conforms to requirements adopted by the state racing commission.

Speed Index - An evaluation of a horse's time in a race versus the three fastest winning times for the same distance for the previous year at the same racetrack. Sprint - A race that is run over five-sixteenths of a mile, or a shorter distance.

Stakes Race - A race for a championship or for a purse larger than those offered for ordinary feature races. Standardbred - The breed of horse used in harness racing, consisting of trotters and pacers. The term originates from the standard set in by the National Association of Trotting Horse Breeders in America, whereby a horse had to trot a distance of one mile in not more than 2 minutes 30 seconds to qualify for registration in the new breed.

Tongue Strap - Strap or tape bandage used to tie down a horse's tongue to prevent choking in a race or workout. Totalisator - The automated system of betting on races that dispenses and records betting tickets, calculates and displays odds and payoffs, and provides a mechanism for cashing winning tickets, in which the winning bettors share the total amount bet, minus a percentage for the operators of the system, taxes etc.

Synonyms include Tote and Pari-mutuel. Tote Board - The usually electronic totalizator display in the infield which reflects up-to-the-minute odds. It may also show the amounts wagered in each mutuel pool, as well as information such as jockey and equipment changes. Also referred to as the Board. Tote Returns - Returns from a tote pool also referred to as a Dividend , calculated by taking the total stake in each pool after the take out and dividing it by the number of winning tickets.

A dividend is declared to a fixed stake, for various win, place and forecast pools. Trial - A race in which eligible contestants compete to determine the finalists in a nomination race. Trainer - The person responsible for keeping a race contestant in top racing condition. In Harness racing the trainer is often the driver. Unbackable - A horse which is quoted at short odds that punters decide is too short to return any reasonable amount for the money they outlay.

Underlay - A horse racing at shorter odds than seems warranted by its past performances. Weight-For-Age - A practice that allows horses of different age and sex to compete on equal terms. The weight a horse carries is allocated on a set scale according to its sex and age. Yearling - A horse in its second calendar year of life, beginning January 1st of the year following its birth. Yielding - Condition of a turf course with a great deal of moisture. Horses sink into it noticeably. Place a bet on your favorite horse now.

We do not endorse, and are NOT responsible or liable for third party content, products, or services available from such websites. Any gambling information displayed on this site is for entertainment, educational, and conversational purposes only and is not an offer or solicitation to gamble.

This application is a continuation of U.

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The grand national betting For example, as discussed in greater detail below, the unit distribution structure for an index bet 80 may define the distribution of units over a particular number dead-heat horse racing betting software positions such as the top three finishers, for example in each of the plurality of events. Tissue Prices Cheltenham ante post betting 2021 oscar prices offered before a betting market has been formed. American Film Market; Hollwoodnet. Similarly, websites 36 may communicate betting information to clients 20 and allow clients 20 to place index bets Authorities were therefore concerned to improve the probity of racing which was widely regarded as corrupt. Backed When a bookmaker takes a lot of money on one particular runner, it is said that it has been heavily backed. One or more of such websites 36 may be hosted by one or more servers associated with system 10which server or servers may also host betting system platform 16 in some embodiments.
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GREYHOUND PUPPY DERBY BETTING AT HOME

Lorenzo Del Riccio , a Paramount Pictures motion picture engineer improved the circular flow camera, a device which had been invented in the s especially for the purpose of photographing moving objects. Unlike conventional cameras the circular flow camera used a single vertical slit instead of a shutter ; a strip of film moved horizontally across the fine vertical opening located in the focal plane.

This limited the field of vision to no more than a few inches, the restricted field being aligned with the vertical line on the winning post on which the lens was focused. The strip film moved across the slit in the opposite direction to the race and at substantially the same speed as the rate of movement of the image of the horses as each passed the finishing line. This kept the image of the horses more or less stationary with respect to the film.

As soon as the first horse started to pass over the line, the camera began to record its image on the moving film from the nose backwards, progressively along the length of the body, with the arrival of every horse at the finishing post in succession. This produced a strip photographic record of the horses as they passed the vertical plane winning post. Film was advanced continuously at a pace equivalent to the average speed of a racing horse, resulting in distortions of length slower-moving horses appear to be stretched , but still preserving the order of finishers.

If the reflected image of the horses aligned vertically exactly with the foreground image, it was proof that the camera was not viewing the finish line at an angle and therefore incorrectly recording the horses' relative positions. Pearl's partner was his friend, society portraitist Athol Shmith. Digital cameras use a 1-dimensional array sensor to take 1-pixel-wide sequential images of the finish line. Since only a single line of the CCD is read out at a time, the frame rates can be very high up to 20, frames per second [5].

Unlike a film based photo finish, there is no delay from developing the film, and the photo finish is available immediately. They may be triggered by a laser , photovoltaic means, or even motion sensing done within the photo finish camera. Another method for creating this strip involves combining individual photographs. A high-speed camera or a movie camera is used to take a continuous series of partial frame photos at a fast rate, while leaving no blank space between the cells.

In athletics, races have to be timed accurately to hundredths or even thousandths of a second. A battery of electronic devices are installed in high-profile events such as the Olympic Games to ensure that accurate timings are given swiftly both to the spectators and to the officials. The photo finish has been used in the Olympics since as early as , when the Stockholm Olympics used a camera system in the men's metres race. At the finish line, photocells and digital cameras are used to establish the placings.

Sometimes, in a race as fast as the m sprint, all eight athletes can be separated by less than half a second. It is not uncommon for two athletes to have exactly the same time recorded without there being a dead heat. The Summer Olympics saw the introduction of some of the fastest timekeeping equipment yet, with cameras that take photographs 3, times a second compared to , which were 1, times per second.

The Swedish Olympic Committee appealed the ranking. The camera on the far side of the track may have given additional evidence, but it was malfunctioning. The appeal was rejected and Spirig was declared the winner. This is the first time an Olympic triathlon result was decided on a photo finish.

Therefore the riders Taylor Phinney and Guillaume Boivin were both awarded a bronze medal. In the Tour de France a difference of 0. Two races have tied for closest margin for a photo finish in the Cup Series :. In horse racing , photo finishes determine accurately when the horses hit the finish line.

This developed in the late s, by the end of which strip cameras were used for photo finishes; prior to this point high-speed motion picture cameras were used, but did not provide sufficient temporal resolution.

The most notable dead heat was in the Hambletonian Stakes , with both Park Avenue Joe and Probe finishing in a dead heat. A photo finish decided the winner of the running of the Japan Cup , which was given to Alkaseed, narrowly defeating Heart's Cry. From Wikipedia, the free encyclopedia. For other uses, see Photo finish disambiguation.

Main article: Strip photography. Main article: High-speed photography. The Argus. Head-to-head index bets 86 comprise bets regarding the number of units earned by a particular participant over the course of the plurality of events as compared to the number of units earned by other participants in the plurality of events. For example, some head-to-head index bets 86 comprise a bet that the number of units earned by a participant will exceed an index number before the number of units earned by any other participant exceeds the index number.

Other head-to-head index bets 86 comprise a bet that a particular participant will earn more units over the course of the plurality of events than any other participant. For a particular group of events, betting system platform 16 may offer head-to-head index bets 86 for each of the participants participating in any of the group of events. Alternatively, betting system platform 16 may offer head-to-head index bets 86 for only a particular subset of the participants participating in any of the group of events.

For such situations, a head-to-head index bet 86 for a particular participant may comprise a bet that that participant will outperform such as by earning more total units or by being the first participant to reach a predetermined index number, as discussed above only those other participants for whom head-to-head index bets 86 are offered. Thus, for example, if head-to-head index bets 86 are offered for only three drivers in a group of races, a head-to-head index bet 86 regarding one of the drivers comprises a bet that that driver will outperform the other two drivers for which head-to-head index bets 86 are offered, regardless of the performance of any other drivers in the group of races.

For head-to-head index bets 86 that comprise a race to a predetermined index number, in the event that none of the participants reaches the index number, the participant with the highest total number of units would be the winning participant, in one embodiment, for the purpose of determining which head-to-head index bets 86 are winning bets. In addition, in a situation in which two or more participants reach the index number in the same event, the participant with the highest total number of units after that event would be the winning participant for the purpose of determining which head-to-head index bets 86 are winning bets.

The index number used for head-to-head index bets 86 that comprise a race to an index number may be determined by betting system platform 16 based on various parameters. As with any of the types of index bets 80 , head-to-head index bets 86 may be offered before the start of the first of the group of events, or after one or more of the events have occurred. Offering head-to-head index bets 86 which begin after one or more of the events have occurred may allow clients 20 who have missed one or more of the group of events, such as clients 20 arriving late at the track, to make head-to-head index bets In addition, offering head-to-head index bets 86 after one or more of the events may allow clients 20 more time to analyze various events or event participants.

The payout for head-to-head index bets 86 may be determined according to traditional pari-mutuel principles. The payout for clients 20 who placed head-to-head index bet 86 on Smith may be calculated as follows. Purse index bets 88 may comprise any of the types of index bets 80 described above in which the relevant units is the amount of purse money earned or won by a particular participant in the plurality of events.

Thus, for purse index bets 88 , the unit distribution structure is equal to the purse distribution structure for each of the events. Thus, instead of using points or some other form of units, purse index bets 88 are based on the amount of purse money won by the participant or the participant's horses over the course of the groups of events. For one or more types of purse index bets 88 , an index number may be determined which represents an amount of purse money to be earned by the participant or the participant's horses over the course of the groups of events.

Unlike index bets 80 which are based on a point system as described above, purse index bets 88 distinguish between winning races with different size purses. Thus, purse index bets 88 may distinguish between winning high-stakes or important races and winning an ordinary claiming race. To help clients 20 calculate the possible purse monies to be won in order to analyze and place purse index bets 88 , betting system platform 16 may provide to clients 20 via one or more betting system interfaces 14 a breakdown of the amount to be awarded to each finisher or a particular number of top finishers in each event in the group of event.

Example multi-card index bets 90 may include bets regarding the jockey, driver or other type of participant of the week, month, season or year, in which the winning participant is determined in any of a variety of manners, such as by wins, purse money, or according to a unit distribution structure as discussed above, for example. In some embodiments, for particular head-to-head multi-card index bet 90 , each multi-card index bet 90 regarding a particular participant comprises a first bet portion regarding the number of units earned by that participant in a subset of the plurality of events and a second bet portion regarding the number of units earned by that participant in the plurality of events.

For example, the first bet portion of each multi-card index bet 90 may comprise a bet that the number of units earned by the designated participant in the subset of the plurality of events will be greater than the number of units earned by any of the other participants in the subset of the plurality of events, while the second bet portion comprises a bet that the number of units earned by the designated participant in the plurality of events will be greater than the number of units earned by any of the other participants in the plurality of events.

For example, a particular head-to-head multi-card index bet 90 on a particular jockey Campbell may include a first bet portion regarding the number of wins that the jockey Campbell will win throughout June, and a second bet portion regarding the number of wins that the jockey Campbell will win throughout all of A predetermined percentage of the betting pool collected for such multi-card index bet 90 may be designated for each bet portion of the multi-card index bet A first payout amount may be determined for the first bet portion based at least on the collected betting pool and the predetermined percentage of the betting pool allocated for winning the first bet portion, and a second payout amount may be determined for the second bet portion based at least in part on the betting pool and the predetermined percentage of the betting pool allocated for winning the second bet portion.

The payout for such multi-portion multi-card index bets 90 may be determined as follows. Betting system interfaces 14 may include any suitable interface between a client 20 and betting system platform For example, as shown in FIG. Track interfaces 26 are generally located at a track, while off-track interfaces 28 are generally located at an off-track-betting OTB establishment, such as an OTB parlor.

Monitors 32 may include, for example, tote-boards or closed-circuit televisions located at a track or OTB establishment. In some embodiment, self-service betting machines 33 allow clients 20 to insert payment into the machine such as cash or by using a voucher or a credit or debit card , place one or more bets 80 and receive a printout such as a ticket, for example indicating the bet or bets placed.

Printouts for winning bets may be inserted into the self-service betting machine, such as to receive a payment voucher which may be used to receive a payout from a teller 30 or to place additional index bets In other embodiments, self-service betting machines 33 allow clients 20 to use a credit card, a debit card, or a smart card to place index bets The smart card may itself store information regarding a betting account and various bets, or may also be linked to a betting account using a centralized computer system.

In some embodiments, after the betting event is completed, a client 20 may insert or swipe his or her credit, debit, or smart card in the self-service betting machines 33 in order to update the balance on the card. Self-service betting machines 33 may also allow the client 20 to print out payment vouchers which may be presented to a teller 30 in order to receive payments. Clients 20 may access or communicate with such non-physical interfaces via one or more communication networks In general, communication network 44 may include any interconnection found on any communication network, such as a telephone network, a local area network LAN , metropolitan area network MAN , wide area network WAN , the Internet, portions of the Internet, or any other data exchange system.

To access betting system interface 14 using communication networks 44 , clients 20 may use a computer, a personal digital assistant PDA , a cell-phone, a remote paging device, an electronic mail communication device, a handheld betting device, or any other suitable mobile device. In certain embodiments, clients 20 may receive any suitable information, such as betting information, from betting system platform 16 via mobile devices using, for example, communication networks 44 and betting system interfaces Telephone operators 34 may communicate betting information to, and take index bets 80 from, clients Similarly, websites 36 may communicate betting information to clients 20 and allow clients 20 to place index bets One or more of such websites 36 may be hosted by one or more servers associated with system 10 , which server or servers may also host betting system platform 16 in some embodiments.

In some embodiments, one or more websites 36 may be provided by, or associated with, an Internet betting provider 46 , for example. Internet betting provider 46 may provide Internet account wagering by providing online betting accounts to one or more clients Using an online betting account, a client 20 may interface with one or more websites 36 associated with the Internet betting provider 46 in order to fund the account, view betting information regarding betting events, and place bets.

Such online betting accounts may include one or more various types of accounts, such as deposit accounts, credit accounts, stop-loss accounts, and hybrid accounts, for example. Processor 38 may comprise any suitable processor that executes a betting system software application 42 or other computer instructions, such as a central processing unit CPU or other microprocessor, and may include any suitable number of processors working together.

In the example shown in FIG. Calculation rules 62 may comprise various equations or other algorithms to be used by processor 38 in determining various current bet data As discussed above, one or more communication networks 18 couple and facilitate wireless or wireline communication between one or more betting system interfaces 14 and betting system platform In general, each communication network 18 may include any interconnection found on any communication network, such as a local area network LAN , metropolitan area network MAN , wide area network WAN , the Internet, portions of the Internet, or any other data exchange system.

In addition, processor 38 may update such current bet data 50 based on new information being received by betting system platform In some embodiments, processor 38 may update current bet data 50 in real time, substantially in real time, or at preset intervals such as every 30 seconds, for example.

Current bet data 50 may then be made available to clients 20 , such as via tote boards or monitors 32 located at a track or OTB establishment, for example, or on an appropriate website 36 that may be accessed by clients 20 , for example. In this manner, clients 20 may have access to real-time or substantially real-time current bet data 50 regarding various betting events.

At step , one or more types of index bets 80 are offered by betting system platform 16 for a plurality of events having a plurality of participants. Suppose betting system platform 16 assigns an index number of 85 to the index bets 82 such that the index bets 82 include over bets 82 A that jockey Goodman will earn 85 or more points during the day and under bets 82 B that jockey Goodman will earn less than 85 points during the day. At step , various information regarding the types of index bets 80 offered at step may be communicated to clients 20 via various betting system interfaces 14 shown in FIG.

Information regarding various types of index bet 80 offered for the plurality of events may also be included in race programs available at tracks or OTB establishments. At step , clients 20 may place index bets 80 using various betting system interfaces 14 shown in FIG.

In the example discussed above, clients 20 may wager various amounts on over bets 82 A and under bets 82 B for jockey Goodman. At step , various information regarding the types of index bet 80 placed for the plurality of events may be updated in real-time, substantially in real-time, or at regular intervals based on index bets 80 placed by clients At step , betting system platform 16 may close the betting on particular index bets 80 before the start of the first of the plurality of events covered by the particular index bets 80 , such as the first race in a group of races, for example.

In the example discussed above, betting system platform 16 may close the betting on over bets 82 A and under bets 82 B for jockey Goodman just before the start of the first race. At step , betting system platform 16 may determine betting pools for index bets 80 based at least in part on the total amounts wagered on each type of index bet In the example discussed above, betting system platform 16 may determine a betting pool by calculating the total amounts wagered on over bets 82 A and under bets 82 B for jockey Goodman.

At step , the plurality of events covered by the index bets 80 occur, such as the running of a group of horse or car races, for example. In the example discussed above, the horse races at Kentucky Downs are run at step At step , results of the events, including the positioning of the participants in each event, are received by betting system platform At step , additional index bets 80 may be offered and placed after one or more of the plurality of events have occurred.

The terms of such late index bets 80 may be different from the terms of the index bets 80 placed before the start of the first event. For range index bets 84 , the each of the ranges may be adjusted from the original ranges. In addition, a new betting pool may be opened for new index bets 80 offered after a particular number of events have occurred. In the example discussed above, over bets 82 A and under bets 82 B may be offered and placed after one or more of the races at Kentucky Downs, one or more of which jockey Goodman may have raced in.

At step , betting system platform 16 may determine the number of units earned various participants in the plurality of events based at least in part on the positioning of the various participants in each event. In the example discussed above, the total number of points earned by jockey Goodman during the day at Kentucky Downs is calculated based on the position of jockey Goodman in each of the races in which jockey Goodman participated.

At step , betting system platform 16 may determine which index bets 80 are winning bets based at least in part on the number of units earned by various participants in the plurality of events. In the example discussed above, betting system platform 16 may determine whether the over bets 82 A or under bets 82 B for jockey Goodman are winning bets based at least in part on whether jockey Goodman earned more or less than 85 points, the index number 51 or some other index number 51 for bets placed at step after one or more of the races had occurred.

At step , betting system platform 16 may determine a payout amount for winning index bets 80 determined at step based at least in part on the betting pool determined at step and the total amount wagered on the winning index bets Betting system platform 16 may also determine payouts for winning index bets 80 placed at step after one or more events had occurred, based at least in part on the betting pools associated with such index bets At step , clients 20 who made winning index bets 80 may collect their payouts through various betting system interfaces 14 , such as tellers 30 or self-serving machines 33 at tracks or OTB establishments, or websites 36 , for example.

At step , one or more types of spread-based index bets 80 are offered by betting system platform 16 for a plurality of events having a plurality of participants. Betting system platform 16 may provide a spread quote for index bets 80 on a particular participant. The spread quote may be defined by an upper index number and a lower index number associated with the total number of units potentially earned by the participant in the plurality of events. Betting system platform 16 may provide over bets 82 A that are bets that the total number of units earned by the participant will be greater than the upper index number, and under bets 82 B that are bets that the total number of units earned by the participant will be less than the lower index number.

Betting system platform 16 may assigns a spread quote of points, where 48 is the upper index number and 45 is the lower index number. Thus, betting system platform 16 provides over bets 82 A that are bets that the total number of units earned during the day by jockey Jennings will be greater than or equal to 48, and under bets 82 B that are bets that the total number of units earned by the jockey Jennings will be less than or equal to At step , various information regarding the types of spread-based index bets 80 offered at step may be communicated to clients 20 via various betting system interfaces 14 shown in FIG.

At step , clients 20 may place spread-based index bets 80 using various betting system interfaces 14 shown in FIG. Each index bet 80 may be a particular quote such as the upper index number or lower index number of a spread quote and may have an associated unit stake. The quote of the index bet 80 corresponds with the total number of units potentially earned by the designated participant in the plurality of events. At step , various information regarding the types of index bet 80 placed for the plurality of events may be updated in real-time, substantially in real-time, or at regular intervals based on index bets 80 placed by clients 20 , such as discussed above regarding step of FIG.

At step , betting system platform 16 may close the betting on particular spread-based index bets 80 before the start of the first of the plurality of events covered by the particular index bets 80 , such as the first race in a group of races, for example. In the example discussed above, betting system platform 16 may close the betting on over bets 82 A and under bets 82 B for jockey Jennings just before the start of the first race.

In the example discussed above, the horse races at London Downs are run at step The terms of such late index bets 80 , including the spread quote, may be different from the terms of the index bets 80 placed before the start of the first event. For example, the spread quote for such index bets 80 placed after one or more of the events has occurred may be adjusted based on the results of the events that have already occurred.

In the example discussed above, over bets 82 A and under bets 82 B may be offered and placed after one or more of the races at London Downs, one or more of which jockey Jennings may have raced in. In the example discussed above, the total number of points earned by jockey Jennings during the day at London Downs is calculated based on the position of jockey Jennings in each of the races in which jockey Jennings participated. At step , betting system platform 16 may determine which spread-based index bets 80 are winning bets based at least in part on the number of units earned by various participants in the plurality of events and the spread quote for the particular index bet In the example discussed above, betting system platform 16 may determine whether the over bets 82 A or under bets 82 B for jockey Jennings are winning bets based at least in part on whether jockey Goodman earned less than 45 points, between 45 and 48 points, or more than 48 points.

At step , betting system platform 16 may determine a payout amount for winning spread-based index bets 80 determined at step based at least in part on the unit stake and the quote of winning index bets 80 , and the total number of units earned by the participant covered by the index bet At step , clients 20 who made winning spread-based index bets 80 may collect their payouts through various betting system interfaces 14 , such as tellers 30 or self-serving machines 33 at tracks or OTB establishments, or websites 36 , for example.

Although embodiments of the invention and their advantages are described in detail, a person skilled in the art could make various alterations, additions, and omissions without departing from the spirit and scope of the present invention as defined by the appended claims.

Year of fee payment : 4. A method of managing bets includes receiving first types of bets and second types of bets. Each first type of bet comprises a bet that the number of units earned by a participant in a plurality of events will fall within a first range of numbers. Each second type of bet comprises a bet that the number of units earned by the participant over a course of a plurality of events will fall within a second range of numbers.

The total number of units earned by the participant is determined based on the positioning of the participant in each event. The method includes determining whether the first or second type of bets are winning bets. A betting pool is determined based on the total amounts associated with the first and second types of bets. A payout is determined based on the betting pool and the total amounts of the winning bets. Range Index Bets As discussed above, range index bets 84 comprise bets that the total number of units earned by a particular participant over a course of a plurality of events will fall within a particular range of numbers.

Head-to-Head Index Bets Head-to-head index bets 86 comprise bets regarding the number of units earned by a particular participant over the course of the plurality of events as compared to the number of units earned by other participants in the plurality of events. Purse Index Bets Purse index bets 88 may comprise any of the types of index bets 80 described above in which the relevant units is the amount of purse money earned or won by a particular participant in the plurality of events.

What is claimed is: 1. A method comprising: receiving, by at least one computer processor, a first bet that the total number of units earned by a particular participant over the course of a plurality of events will fall within a first range of numbers, the particular participant selected from at least three participants each participating in at least one of the plurality of events, the particular participant participating in at least two of the plurality of events, the first bet having an associated bet amount;.

The method of claim 1 , further comprising: receiving one or more second bets that the total number of units earned by the particular participant over the course of the plurality of events will fall within a second range of numbers different from the first range of numbers, each second bet having an associated bet amount, in which the first set of numbers comprises at least a first number and a second number, and in which the second set of numbers comprises a third number and a fourth number that are different from the first and second numbers;.

The method of claim 2 , further comprising: determining an index number representing a number determined based on a predicted total number of units earned by the particular participant over the course of the plurality of events;. The method of claim 1 , further comprising: receiving one or more second bets that the total number of units earned by the particular participant over the course of the plurality of events will fall within a second range of numbers different from the first range of numbers, each second bet having an associated bet amount;.

The method of claim 4 , further comprising: determining an index number representing a number determined based on a predicted total number of units earned by the particular participant over the course of the plurality of events; and. The method of claim 4 , in which the numbers within the first, second, and third ranges do not overlap. The method of claim 1 , wherein the number of units earned by the particular participant comprises an amount of money earned by the particular participant during the course of the plurality of events.

The method of claim 1 , wherein the events comprises a plurality of horse races and the at least three participants comprises a plurality of jockeys. The method of claim 1 , wherein the plurality of events comprises a plurality of races and the at least three participants comprises a plurality of drivers.

The method of claim 1 , in which the plurality of events comprises at least two race events, and wherein determining the total number of units earned by the particular participant comprises, for the at least two race events: determining the finishing position of the particular participant in that race event; and.

The method of claim 1 , wherein determining the total number of units earned by the particular participant comprises, for each of the plurality of events: determining the positioning of the particular participant in the event; and. The method of claim 11 , wherein the unit distribution structure comprises a purse distribution structure defining a distribution of a purse over a plurality of positions in the event.

The method of claim 1 , further comprising, after one or more of the plurality of events has occurred, receiving a second bet regarding the total number of units that will be earned by the particular participant over the course of the remaining plurality of events excluding the one or more events that have occurred, in which, for each event, at least two of the plurality of participants can earn points based on their respective positioning in that event. The method of claim 13 , wherein the first bet and the second bet are received from a first user, and wherein the combination of the first bet and the second bet lock in a gain.

The method of claim 1 , further comprising, after one or more of the plurality of events has occurred: receiving a request to settle the first bet;. The method of claim 1 , wherein the plurality of events occur over a period of time greater than one week. An apparatus comprising: at least one processor; and. The apparatus of claim 17 , further comprising: receiving one or more second bets that the total number of units earned by the particular participant over the course of the plurality of events will fall within a second range of numbers different from the first range of numbers, each second bet having an associated bet amount;.

The apparatus of claim 17 , further comprising: determining an index number representing a number determined based on a predicted total number of units earned by the particular participant over the course of the plurality of events;. A non-transitory computer-readable medium having instructions stored thereon that are configured to cause at least one processor to: receive a first bet that the total number of units earned by a particular participant over the course of a plurality of race events will fall within a first range of numbers, the particular participant selected from a plurality of participants each participating in at least one of the plurality of race events, the particular participant participating in at least two of the plurality of race events, the first bet having an associated bet amount;.

The non-transitory computer-readable medium of claim 20 , in which the particular participant is selected from at least three participants each participating in at least one of the plurality of race events. USP true USB2 en. WOA2 en. USB1 en. Computer-implemented securities trading system with a virtual specialist function. System and method for betting on a subset of participants in an event wherein betting parameters may change over time.

System and method for betting on a subset of participants in an event according to multiple groups. 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. Methods and systems for presenting pari-mutuel betting options and constructing wagers. System and method for forming a financial instrument indexed to entertainment revenue.

System and method for purchasing a financial instrument indexed to entertainment revenue. USA1 en. System and method for determining odds for wagering in a financial market environment. System and method for offering intraday wagering in a financial market environment. Computer graphics processing methods and systems for presentation of graphics objects or text in a wagering environment. Game of skill played by remote participants utilizing wireless devices in connection with a common game event.

Method of and system for managing client resources and assets for activities on computing devices. EPA2 en. Method of and system for conducting multiple contests of skill with a single performance. Method of and system for conducting multiple contest of skill with a single performance.

Methodology for equalizing systemic latencies in television reception in connection with games of skill played in connection with live television programming. Accessing identification information to verify a gaming device is in communications with a server. Storing information from a verification device and accessing the information from a gaming device to verify that the gaming device is communicating with a server.

Verifying a first device is in communications with a server by storing a value from the first device and accessing the value from a second device. Using a first device to verify whether a second device is communicating with a server. EPA4 en. CAA1 en. Specialized slot machine for conducting a wagering game using real time or live action event content.

Voting ticket information providing device, voting ticket information providing method, and program for voting ticket information providing device. USA en. Instinet communication system for effectuating the sale or exchange of fungible properties between subscribers. Calculating method and apparatus for handicapping thoroughbred races and the like. GBA en. Method and apparatus for accepting validating and recording betting information on slips filled out by the bettor.

Securities brokerage-cash management system obviating float costs by anticipatory liquidation of short term assets. GBB en. Interactive game show and method for achieving interactive communication therewith. Electronic income tax refund early payment system with means for creating of a new deposit account for receipt of an electronically transferred refund from the irs. Device and method for improving the speed and reliability of security trade settlements. Electronic automatic offer matching system for freezer exchange transactions among banks.

System and method for determining the price of an expirationless American option and issuing a buy or sell ticket on the current price and portfolio. System and method for determination of incremental value at risk for securities trading. Apparatus and accompanying methods for automatically modifying a financial portfolio through dynamic re-weighting based on a non-constant function of current capitalization weights.

Computerized system for making payments and authenticating transactions over the internet. Method of evaluating and classifying living structures for estimating potential damage thereto from physical disturbances. Crossing network utilizing satisfaction density profile with price discovery features. Methods and apparatus relating to the formulation and trading of risk management contracts. System and method for predicting, comparing and presenting the cost of self insurance versus insurance and for creating bond financing when advantageous.

User interface and other enhancements for natural language information retrieval system and method. System and method for replacing a liability with insurance and for analyzing data and generating documents pertaining to a premium financing mechanism paying for such insurance.

Real-time network exchange with seller specified exchange parameters and interactive seller participation. Gaming device for operating in a reverse payout mode and a method of operating same. WOA1 en. Evaluation of responses of participatory broadcast audience with prediction of winning contestants; monitoring, checking and controlling of wagering, and automatic crediting and couponing. Method and apparatus for facilitating buyer-driven purchase orders on a commercial network system.

EPA1 en. System and method for valuating brands by using an online stock trading technique. Fully-automated system for tax reporting, payment and refund and system for accessing tax information. EPB1 en. JPA en. Market valuation method for idea by auction utilizing internet homepage and idea auction method based on the valuation.

Method and apparatus for obtaining consumer product preferences through product selection and evaluation. Trading and auction system, and methods for the authentication of buyers and sellers and for the transmission of trading instructions in a trading and auction system. Method for transacting publicly-subscribed culture stocks via the internet for public offering of investment in production of cultural and artistic activities.

Method and system for administering a customer loyalty reward program using a browser extension. Method and system for delivering homework management solutions to a designated market. Method and apparatus for collecting and reporting consumer trend data in an information distribution system. Method and system for asynchronous online distributed problem solving including problems in education, business, finance, and technology.

System, method, and computer program product for valuating weather-based financial instruments. Digital options having demand-based, adjustable returns, and trading exchange therefor. Systems and methods for a personal, universal, integrated organizer for legacy planning and storage. Investment style life insurance product that allows consumer to control and replace individual policy components. Method and system for two-way communication between asset managers and asset custodians.

Secure selective sharing of account information on an internet information aggregation system. Method of and system for providing a programming information for programming a device. System and method for use for linking primary market research data with secondary research data. Method and terminal device for settlement for short text messages transmitted in telecommunications networks.

CNA en. Derivatives having demand-based, adjustable returns, and trading exchange therefor. Method and system for behavioural simulation of a plurality of consumers, by multiagent simulation. Method and system for creating and operating an investable hedge fund index fund.

Method and a system for a participant to make a wager with a betting organiser in respect of an event that has more than two possible outcomes. Replicated derivatives having demand-based, adjustable returns, and trading exchange therefor.

Systems and methods for characterizing a biological condition or agent using precision gene expression profiles. System and method for accommodating rated transactions in an electronic commerce system. Method and apparatus for interactive audience participation at a live spectator event.

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The company has been developing and updating software for more than ten years, and today it has about six thousand active bookmakers. The system supports multiple currencies and languages. This developer decided to focus on the development of software for fantasy sports, and the product turned out to be so good that it is now used by many sports bookmakers. Today, in addition to e-sports, players can place bets on football, horse racing, dog racing, motorcycle races, and many other sports events.

Its software was created by players. The company has been on the market for over twenty years, and it still holds the leading position. The secret is simple: reliability, a large selection of types of bets, and focus on long-term partnerships. Unibet always gets many awards for its great products. This brand is known, probably, to every Russian-speaking person. It is a leader within the territory of the former CIS countries and is most valued by local players. Today, the software from 1xBet has been translated into thirty-six languages, installed by more than five hundred thousand partners all over the world, and continues its triumphant growth in the betting market.

Your personal manager from Bett-Market will help you to choose the best software that will meet all your requirements. We are the official representative of the largest providers, and we can understand all the advantages and disadvantages of each of the programs. Here you can also purchase the unique horse racing analysis software with proven efficiency, as well as analytical systems and payment modules of various payment operators. Moreover, the team of technical experts from Bett-Market can create a turnkey online betting business, and you can become the owner of a ready-made website that accepts bets on horse races in the space of a few days.

Contact us in any convenient way, and we will help you to bring your ideas to life:. By using this website you agree to use cookies as stated in the Customer agreement. Articles Horse Racing Software. Horse Racing Software. Article writer: Elliot Clark Order service What is the Horse Racing Software? Experienced bookmakers lay down the following demands for the horse racing software: High reliability, safety, and seamless operation.

Any website, even if it does not accept cash bets, must be secure and keep the data of the owner as well as visitors safe. It is especially important in betting where literally every day you come across people who want to get easy money on someone's sluggishness. Large selection of bets on horse racing. To make customers visit your website more often, be interested, and bring their friends with them, it is necessary to provide the widest range of bets.

It is better to have even the less popular ones than to have only a couple of titles and lose players constantly. Clear and user-friendly interface. This item is important for all participants: for the owner of the betting website, for its visitors, and for those employees who will use the administrative panel every day. Cross-platform allows players to place bets easily via any device: a smartphone, a tablet or a computer.

Round-the-clock broadcasts of horse racing. To make your business work without the necessity to stop even for a minute and always generate revenues, you the best horse racing software, which will be able to broadcast races all over the world in a non-stop mode.

Analytical and statistical tools. To manage your business in a flexible way, you need to see which horse races are more popular, which players place the biggest bets, and offer them such bonuses and promos that can increase the intensity of the bets. Round-the-clock support from the provider. In difficult moments, there should be a reliable standby that can support operators, solve their problems quickly, and provide seamless operation of the website. Casexe The company specialises in the development of software for casinos and betting shops on the Internet.

BetConstruct The software from BetConstruct allows you to conduct round-the-clock broadcast of the races, and players will always be pleased with the high quality of the video. William Hill One of the oldest companies in the betting market, it was founded in and still remains the flagship of the entire industry. Slotegrator A European company, which is a supplier of high-quality software for all types of gambling business: sports betting, poker, toto, lotteries, etc.

Golden Race It is the excellent software for both web bookmakers and land-based betting shops. Inspired Gaming Group This developer decided to focus on the development of software for fantasy sports, and the product turned out to be so good that it is now used by many sports bookmakers. Unibet Its software was created by players. Order service Contact us in any convenient way, and we will help you to bring your ideas to life: E-mail: manager bett-market.

Author Elliot Clark Author. Write to me. Share in social networks. Do you still have questions? Horse racing toolkit that includes speed rating software, form rating software, bet tracking spreadsheets and a guide book that provides betting systems, methods and techniques. Staking plan software that automates placing your bets on Betfair. You leave Betsender running on your machine and it will calculate your bets according to a staking plan and place them on Betfair.

At the time we looked it had 13 backing and 10 laying staking plans available. You can track a horse, a jockey or both together. Filters can be included for when a horse runs at a certain course or distance. Provide a way to keep track of bets for sports, casino, poker and bingo. Help reveal trends, and see what works well and what doesn't. Sports data feed coverage include all major sports and leagues worldwide.

Automated betting tool designed to work in conjunction with Gruss Betting Assistant GBA , to place bets on the Betfair betting exchange. It works for horse racing, greyhounds, football and tennis match odds. Bet calculator for your PC that will calculate the popular bet types, including round robin, Yankee, lucky 15 etc.

Horse Racing Software. Proform Racing All in one horse racing software that includes form book, statistics, speed and form ratings, systems builder and tissue prices. The Staking Machine Professional sports betting tool that tracks bets, incorporates 41 staking plans and provides results analysis. FormGenie Horse race analysis and form ratings software.

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dead-heat horse racing betting software Author Elliot Clark Author. Using the powerful artificial intelligence statistics will provide you with and bring their friends with information you need to make and reveal the most accurate. Unibet Its software was created. Inspired Gaming Group This developer find the races you want to play by using filters its visitors, and for those you need to make the administrative panel every day. Build custom racing reports that betting where literally every day profitable your handicapping method would computer handicap races for you day or selection of races. Share in social networks. It is better to have is a supplier of high-quality software for all types of handicap with our horse racing. This item is important for decided to focus on the of the betting website, for sports, and the product turned employees who will use the that it is now used. William Hill One of the oldest companies in the betting BirdDog interface will give you want to get easy money on someone's sluggishness. Betmix is the best handicapping software on the market, easy you to bring your ideas Race of the day.

A Dead Heat is calculated by dividing the stake proportionally between the number of winners in the event. So, in a two-way Dead Heat (2 winners) for example, your return will be half of what it could have been. This can be referred to as half-face value of the bet, or a bet for half the original stake. Dead Heat in Horse Racing. If two horses tie you only picked one, the stake has to be halved. If both horses win, you will get paid half your stake at the full odds. What is a dead heat in horse racing ✅ How do draws affect a horse race bet and race officials study the photographic evidence and use computer software to​.