The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 14, 2014
Filed:
Sep. 12, 2012
Lee Amaitis, Las Vegas, NV (US);
Andrew Garrood, London, GB;
Mike Colbert, Las Vegas, NV (US);
Heather Parks, Las Vegas, NV (US);
Anthony Storm, Hertfordshire, GB;
Foster Barton, London, GB;
Thomas D. Bradshaw, New York, NY (US);
Lee Amaitis, Las Vegas, NV (US);
Andrew Garrood, London, GB;
Mike Colbert, Las Vegas, NV (US);
Heather Parks, Las Vegas, NV (US);
Anthony Storm, Hertfordshire, GB;
Foster Barton, London, GB;
Thomas D. Bradshaw, New York, NY (US);
Other;
Abstract
Methods and systems are provided herewith for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event is determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. The betting market is closed after bets are received and before an end of an initial state of the performance parameter. A payout may be made to a winner who selected the correct outcome of the performance parameter.