20090215527 | TOURNAMENT-STYLE PARIMUTUEL WAGERING SYSTEM - Provided in embodiments of the present invention is a method of wagering on a plurality of events. In one embodiment, the method includes accepting a plurality of participants to wager on the events and providing each participant with a fantasy bankroll of money to wager on the events. After the participants have been provided with their respective fantasy bankrolls, wagers from the participants on a first event are received. After the event has been completed, a finishing order of the participants is determined. Next, a portion of the participants is cut based on the finishing order to form a group of finalists. The finalist wager on a second event and a finishing order of the finalists is determined from the outcome of the second event. Prizes are then awarded based on the finishing order of the finalists. | 08-27-2009 |