A method for betting on a subset of participants in an event for an all-but-n group bet

摘要

594811 A method of managing bets in a computer for managing bets on participants of an event with a plurality of participants is disclosed. An all-but-n group bet from a bettor is received. The all-but-n group bet defines a designated-for-exclusion subset of the set of participants and the designated- for exclusion subset comprises a plurality of n of the participants designated by the bettor. The value of n is 1, 2 or 3. The computer is programmed to manage the all-but-n group bet to pay a payout amount to the bettor if any one of the participants, except the n of the participants of the designated- for exclusion subset of participants, wins the event, such that a group bet payout is uniform for a win by any of the non-designated participants. At computer, at the completion of the event, results of the event identifying the winning participant of the event are received. An amount of a group bet payout for the all-but-n group bet is determined. The determination made by the computer system and is greater than zero if and only if the winning participant is not one of the n designated participants.