Internet-based betting system and method

摘要

In a person-to-person betting system accessible on-line via the internet, offers of bets are received from persons accessing the system via the internet, each bet offer identifying an event and the odds offered on a given outcome of the event. Such offers are stored and displayed on the system operator's web site. Other persons accessing the web site can then accept one or more of the displayed offers. When the event has taken place, funds are automatically transferred between the accounts of the persons participating according to the outcome of the related event. <IMAGE>