发明名称 |
SYSTEM AND METHOD FOR BETTING ON A SUBSET OF PARTICIPANTS IN AN EVENT |
摘要 |
SYSTEM AND METHOD FOR BETTING ON A SUBSET OF PARTICIPANTS IN AN EVENT A method of managing bets is provided. The method includes receiving win bets and group bets. Each win bet includes a bet that a participant selected from a set of participants in an event will win the event. Each group bet includes a bet that one 5 of a subset of the set of participants will win the event. Results of the event identifying a winning participant from the set of participants are received. An amount of a win bet payout for at least a portion of the win bets that comprise a bet on the winning participant is determined. An amount of a group bet payout for at least one of the group bets is also determined. In this manner, a bettor may bet on all 10 participants in an event other than a particular participant, such as the favorite participant, and thus effectively bet against the particular participant. |
申请公布号 |
AU2016203277(A1) |
申请公布日期 |
2016.06.09 |
申请号 |
AU20160203277 |
申请日期 |
2016.05.19 |
申请人 |
CANTOR INDEX LLC |
发明人 |
AMAITIS, LEE M.;ASHER, JOSEPH M.;BURGIS, ADAM;CROSTHWAITE, DOMINIC |
分类号 |
G06Q50/00;G07F17/32 |
主分类号 |
G06Q50/00 |
代理机构 |
|
代理人 |
|
主权项 |
|
地址 |
|