SYSTEM FOR PROVIDING BETS REGARDING INTERMEDIATE POINTS IN ARACE EVENT USING FRACTIONAL TIMING

摘要

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.