Progressive betting pools

摘要

Progressive betting pools are provided. A betting administrator may define a set of competition-based events upon which to wager. For example, a set of six soccer matches that occur during a week may be defined as being available for wagering. Each wager may include specifications as to the winner of each of the selected matches. In some embodiments, the wagering individual may be requested to specify certain tie-breaking metrics (e.g., rank the teams by number of goals), which may be considered in the event of a tie between two or more wagers. The wager may be available for a limited window of time. Following which, the outcomes of the competition-based events may be decided and provided to a server, which determines one or more winners and calculates payouts for the determined winners.

主权项

1. A method for progressive betting pools, the method comprising:
storing information in memory regarding a plurality of competition-based events, wherein each competition-based event has a plurality of possible outcomes; receiving wagers sent over a communication network from a plurality of client devices, each wager predicting a set of outcomes for a set of competition-based events; receiving information sent over the communication network regarding actual outcomes of the set of competition-based events; executing instructions stored in memory, wherein execution of the instructions by a processor:
determines whether there are any winners for the set of competition-based events, wherein a winner is identified based on an associated wager correctly predicting one or more of the actual outcomes for the set of competition-based events,ranks any determined winners based on one or more ranking metrics associated with the set of competition-based events, wherein the ranking metrics include at least one tie-breaking metric that is applied to tied rankings; andgenerates a notification display regarding the determination regarding winners and associated rankings.