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US 11,380,167 B2Granted
System and method for offering intraday wagering in a financial market environment
AssigneeCantor Index, LLC
InventorsChristopher John Davie, Guy Iain Oliver Riches
Life of this patent
Estimating the term…
Abstract
A method for providing a wager in a financial market environment is provided that includes presenting an opportunity to make a wager that is based on a moving market line associated with a financial market. An end user is given an opportunity to bet on whether a financial market value will be above or below the moving market line at a designated time. The wager may be accepted from the end user. The wager may be monitored in order to determine whether the financial market value was above or below the moving market line at the designated time.
Claims20
An apparatus, comprising:
- at least one processor;
- and
- at least one memory having instructions stored thereon which, when executed by the at least one processor, direct the at least one processor to:
- receive a request for wagering information;
- generate an electronic command to cause to render a graphic interface screen, to be displayed at a user interface, at least one betting line having a value correlated to a value of a financial indicator that changes over time and that is displayed on the interface screen during a betting session, in which the at least one betting line comprises a first betting line having a value that is equal to a current value of the financial indicator;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a first graphic object selectable during the betting session for submitting an up bet request for wagering on the value of the financial indicator achieving a level at a later time that is above the value of the financial indicator at a first time, in which the first graphic object can be selected by a single user multiple different times during the betting session to make a corresponding multiple different wagers on the value of the financial indicator achieving a level at the later time that is above respective different values of the financial indicator at a plurality of different times corresponding to the multiple different times;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a second graphic object selectable during the betting session for submitting a down bet request for wagering on the value of the financial market indicator achieving a level at the later time that is below the value of the financial indicator at the first time, in which the second graphic object can be selected at a variety of different times during the betting session;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a payout amount based on an outcome of the betting session;
- generate an electronic command to render on a graphic interface screen of a self-service machine, via a remote electronic interface system, the payout amount;
- and
- generate an electronic command to cause a physical dispense of the payout amount at the self-service machine, via the remote electronic interface system.
8 more elements
A method comprising:
- receiving, by at least one processor of at least one computer, a request for wagering information;
- generating an electronic command for causing to render a graphic interface screen in electronic communication with the at least one processor to be displayed at a user interface, at least one betting line having a value correlated to a value of a financial indicator that changes over time and that is displayed on the interface screen during a betting session, in which the at least one betting line comprises a first betting line having a value that is equal to a current value of the financial indicator;
- generating an electronic command for causing to render on the graphic interface screen, to be displayed at the user interface, a first graphic object selectable during the betting session for submitting an up bet request for wagering on the value of the financial indicator achieving a level at a later time that is above the value of the financial indicator at a first time, in which the first graphic object can be selected by a single user multiple different times during the betting session to make a corresponding multiple different wagers on the value of the financial indicator achieving a level at the later time that is above respective different values of the financial indicator at a plurality of different times corresponding to the multiple different times;
- generating an electronic command for causing to render on the graphic interface screen, to be displayed at the user interface, a second graphic object selectable during the betting session for submitting a down bet request for wagering on the value of the financial market indicator achieving a level at the later time that is below the value of the financial indicator at the first time, in which the second graphic object can be selected at a variety of different times during the betting session;
- generating an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a payout amount based on an outcome of the betting session;
- generating an electronic command to render on a graphic interface screen of a self-service machine, via a remote electronic interface system, the payout amount;
- and
- generating an electronic command to cause a physical dispense of the payout amount at the self-service machine, via the remote electronic interface system.
5 more elements
An article of manufacture comprising:
- a computer-readable medium that is non-transitory, in which the computer-readable medium stores instructions which, when executed by a processor, direct the processor to:
- generate an electronic command to cause to render on a graphic interface screen, to be displayed at a user interface, at least one betting line having a value correlated to a value of a financial indicator that changes over time and that is displayed on the interface screen during a betting session, in which the at least one betting line comprises a first betting line having a value that is equal to a current value of the financial indicator;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a first graphic object selectable during the betting session for submitting an up bet request for wagering on the value of the financial indicator achieving a level at a later time that is above the value of the financial indicator at a first time, in which the first graphic object can be selected by a single user multiple different times during the betting session to make a corresponding multiple different wagers on the value of the financial indicator achieving a level at the later time that is above respective different values of the financial indicator at a plurality of different times corresponding to the multiple different times;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a second graphic object selectable during the betting session for submitting a down bet request for wagering on the value of the financial market indicator achieving a level at the later time that is below the value of the financial indicator at the first time, in which the second graphic object can be selected at a variety of different times during the betting session;
- generate an electronic command to cause to render on the graphic interface screen, to be displayed at the user interface, a payout amount based on an outcome of the betting session;
- generate an electronic command to render on a graphic interface screen of a self-service machine, via a remote electronic interface system, the payout amount;
- and
- generate an electronic command to cause a physical dispense of the payout amount at the self-service machine, via the remote electronic interface system.
5 more elements
Dependencies are inferred from the claim text.