METHOD AND SYSTEM FOR OPERATING A GAME BASED ON A REAL-LIFE COMPETITION

摘要

Methods and systems for operating a game based on a real-life competition between a plurality of competitors are disclosed. The competition comprises a plurality of rounds, each comprising a plurality of events. One method comprises the steps of: obtaining investment amounts from a plurality of players for online participation in the game (610); prior to a lockout period preceding each round of the competition, obtaining a nominated competitor from each of the plurality of players still participating in the game (620); publishing via an online website, after commencement of the lockout period preceding each round of the competition, each player's nominated competitor for that round (630); after completion of each round of the competition, determining winning and losing players based on the outcome of events in a respective round of the competition and eliminating losing players from the game (640); and upon determining a winning player, paying the winning player an amount greater than the winning player's investment amount (650). The amount paid to the winning player is determined independently of the players' nominations.