William C Wortman

Title: The Innovative Mind of William C. Wortman

Introduction

William C. Wortman is a notable inventor based in Las Vegas, NV (US). He has made significant contributions to the field of wagering systems, particularly with his innovative approach to sports betting. His work has implications for both bettors and bookmaking establishments.

Latest Patents

Wortman holds a patent for a "Method of effecting multiple wagers on a sports or other event." This wagering system enhances the payment on either side of a "neutral" bet as the amount of win or loss diverges from the center point. The system is particularly applicable to legalized bookmaking establishments, which set a line for sports betting and allow bettors to wager on either side of that line. In his preferred embodiment, the amount of win or loss increases arithmetically with the departure of the final result from the center point. Additionally, the system includes the potential for placing caps on the win/loss multiples and providing cushions before which the increased wins and/or losses commence.

Career Highlights

Wortman is associated with Casino Advisory Services, Inc., where he applies his expertise in wagering systems. His innovative patent reflects his deep understanding of the betting industry and its mechanics.

Collaborations

Throughout his career, Wortman has worked alongside notable colleagues such as Peter Alex Maksymec and Allen Leroy Savage, Jr. Their collaborative efforts have contributed to advancements in the field of wagering systems.

Conclusion

William C. Wortman's contributions to the wagering industry through his innovative patent demonstrate his expertise and creativity. His work continues to influence the way bets are placed and managed in legalized bookmaking establishments.