System and method of automatically placing a wager on a game of chance from a remote location

The method of the present invention involves the ability of a player to automatically have a wager placed on a game of chance from a remote location. The player enters his desired wager into a programmable wireless gaming device that is authorized for use by the applicable gaming authority and specific gaming establishment. The wireless gaming device is designed to communicate directly with each of the gaming establishment's gaming systems (e.g., Keno, Bingo and Race & Sports Book). The player is able to program the wireless gaming device to have wagers placed on specific games of chance at a gaming establishment provided certain criteria are met. At the time specified by the player, the wireless gaming device will communicate with the applicable gaming establishment gaming systems and compare the criteria programmed by the player with the gaming establishment's gaming systems and/or other systems. Provided the criteria established by the player is met, the wager specified by the player will be placed into the gaming establishment's gaming system. The gaming establishment gaming system will notify the player of the results of his wager via the wireless gaming device. The wireless gaming device will also be linked to the player's wagering account maintained at the gaming establishment so that withdrawals and deposits can be completed and transactions and balance on the account be viewed by the player.