Peter A Rotondo

US Patent:

8491366, Jul 23, 2013

Filed:

Aug 10, 2005

Appl. No.:

11/201830

Inventors:

Lee M. Amaitis - London, GB
Joseph M. Asher - New York NY, US
Kenneth L. Miller - Ankeny IA, US
Peter C. Rotondo - New York NY, US

Assignee:

CFPH, LLC - New York NY

International Classification:

A63F 9/24

US Classification:

463 6

Abstract:

A system for betting on fractional times comprises a memory coupled to a processor. The memory stores a first betting option comprising a bet that a particular participant in a race will finish a predetermined length of the race in a first range of fractional times. The memory further stores a second betting option comprising a bet that the particular participant in the race will finish the predetermined length of the race in a second range of fractional times. The processor receives a plurality of bets on at least one of the first betting option and the second betting option and determines an actual time for the particular participant to finish the predetermined length of the race. The processor then determines which of the plurality of bets are winning bets based at least in part upon the determination of the actual time and the corresponding betting options.

US Patent:

20070026939, Feb 1, 2007

Filed:

Jul 26, 2005

Appl. No.:

11/190613

Inventors:

Joseph Asher - New York NY, US
Kenneth Miller - Ankeny IA, US
Peter Rotondo - New York NY, US

International Classification:

G06F 19/00

US Classification:

463028000

Abstract:

A system for wagering on a jackpot race event, comprises a memory and a processor. The memory stores a qualifying bet associated with a customer and comprising a first bet component and a second bet component. The first bet component is associated with a first qualifying race event and comprises a first bet amount. The second bet component is associated with a second qualifying race event and comprises a second bet amount. The processor identifies the outcome of the first and second bet components. If both the first bet component and the second bet components are winning bets, the processor allocates to the customer a particular number of jackpot bets for a jackpot race event. The particular number of jackpot bets is based at least in part upon the first bet amount and the second bet amount. The first bet amount is allocated to a common pari-mutuel pool for the first qualifying race event.

US Patent:

20110275425, Nov 10, 2011

Filed:

May 10, 2010

Appl. No.:

12/776905

Inventors:

Joseph M. Asher - New York NY, US
Kenneth L. Miller - Ankeny IA, US
Peter Christopher Rotondo - New York NY, US

International Classification:

A63F 9/24

US Classification:

463 6, 463 26

Abstract:

A system for wagering on a jackpot race event, comprises a memory and a processor. The memory stores a qualifying bet associated with a customer and comprising a first bet component and a second bet component. The first bet component is associated with a first qualifying race event and comprises a first bet amount. The second bet component is associated with a second qualifying race event and comprises a second bet amount. The processor identifies the outcome of the first and second bet components. If both the first bet component and the second bet components are winning bets, the processor allocates to the customer a particular number of jackpot bets for a jackpot race event. The particular number of jackpot bets is based at least in part upon the first bet amount and the second bet amount. The first bet amount is allocated to a common pari-mutuel pool for the first qualifying race event.