A METHOD AND APPARATUS FOR OPERATING AN INTERACTIVE WAGERING GAME

摘要

The present invention relates to a method of operating an interactive wagering game. The method includes several steps which need not be carried out in any particular order. The step involves selecting, at a host server, a calendar of individual events for wagering, determining at said host server a predetermined and fixed number of wagering tickets based on a combination of outcomes generated from individual events in said calendar of individual events, offering said wagering tickets for purchase by players at one or more remote computer terminals at a predetermined price, the host server eliminating losing wagering tickets after each event in said calendar of events and revaluing each remaining ticket in accordance with a predetermined valuation algorithm, facilitating at the remote computer terminal trading of each of said wagering ticket between players at an agreed price, and/or between players and said host server at the revalued price, at any time during said calendar of events whilst the relevant wagering tickets remain active and the host server paying, at the completion of the final event of said calendar of events a prize to the winning wagering ticket.