System and method for odds-based sports wagering

Abstract

The present invention can provide a system and method for sports wagering and entertainment. In one exemplary embodiment, the present invention can include a method for odds-based sports wagering, the method comprising: receiving, from a bettor, a selection of at least one players; providing, to the bettor, odds associated with the selection of at least one players; receiving, from the bettor, an at least one bet type and an at least one bet amount based on the odds associated with the selection of at least one players; and returning, to the bettor, a result for the at least one bet type and the at least one bet amount.

1 . A method for odds-based sports wagering, the method comprising:
 receiving, from a bettor, a selection of at least one players;   providing, to the bettor, odds associated with the selection of at least one players;   receiving, from the bettor, an at least one bet type and an at least one bet amount based on the odds associated with the selection of at least one players; and   returning, to the bettor, a result for the at least one bet type and the at least one bet amount.   
   
   
       2 . The method of  claim 1 , further comprising:
 providing, to the bettor, a list of available players.   
   
   
       3 . The method of  claim 2 , further comprising:
 providing, to the bettor, odds associated with the list of available players.   
   
   
       4 . The method of  claim 1 , further comprising:
 providing, to the bettor, a list of events;   receiving, from the bettor, an event selection;   providing, to the bettor, a list of available players associated with the event selection.   
   
   
       5 . The method of  claim 4 , further comprising:
 providing, to the bettor, odds associated with the list of available players.   
   
   
       6 . The method of  claim 1 , wherein the odds comprise a projected point total for the selection of at least one players. 
   
   
       7 . The method of  claim 1 , wherein the odds comprise odds that the selection of at least one players will receive a certain number of points. 
   
   
       8 . The method of  claim 1 , wherein the at least one bet amount is a monetary bet amount. 
   
   
       9 . The method of  claim 1 , wherein the at least one bet type comprises a bet that the selection of at least one players will receive a certain number of points. 
   
   
       10 . The method of  claim 1 , wherein the result is a monetary payout. 
   
   
       11 . The method of  claim 1 , further comprising:
 calculating odds for the selection of at least one players based on odds associated with each player from the selection of at least one players.   
   
   
       12 . The method of  claim 11 , wherein calculating odds comprises averaging the odds associated with each player from the selection of at least one players. 
   
   
       13 . The method of  claim 1 , further comprising:
 determining a result for the at least one bet type and the at least one bet amount.   
   
   
       14 . The method of  claim 13 , wherein determining a result comprises comparing a point total for the selection of at least one players with a number of points and, if the point total for the selection of at least one players is higher, calculating a payout amount based on the at least one bet amount and the odds associated with the selection of at least one players, or, if the point total for the selection of at least one players is lower, determining the result is a loss.