发明名称 WAGER MARKET CREATION AND MANAGEMENT
摘要 Methods and systems are provided herewith for managing a wagering system. In one exemplary embodiment, a stream of state information of a live sporting event is received in real time. A computer processor determines an initial state and a plurality of possible future states of a first performance parameter of the live sporting event based on the stream of state information. After a beginning of the game and before the start of the event, a probability of occurrence is calculated for at least one of the plurality of possible future states of the first performance parameter based on historical data related to the first performance parameter. The plurality of possible future states are mutually exclusive from one another. During an initial state of the first performance parameter, a signal operative to open a first market for betting on the at least one of the plurality of possible future states is transmitted. The first market comprises betting odds based on the calculated probability of occurrence. After transmitting the signal operative to open the first market, an end of the initial state is determined. Before the end of the initial state, a signal operative to close the first market is transmitted. After transmitting the signal operative to close the first market, an outcome of the first performance parameter is determined based on the received stream of state information. A signal operative to resolve one or more payouts of the first market is transmitted, in which the signal indicates the outcome of the first performance parameter.
申请公布号 US2010105464(A1) 申请公布日期 2010.04.29
申请号 US20080258297 申请日期 2008.10.24
申请人 STORM ANTHONY;BARTON FOSTER;GARROOD ANDREW;BRADSHAW THOMAS D 发明人 STORM ANTHONY;BARTON FOSTER;GARROOD ANDREW;BRADSHAW THOMAS D.
分类号 A63F13/00;A63F9/24 主分类号 A63F13/00
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