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US 2006/0135250 A1Published application
Betting method and system for debunking and validating statements
OwnerMichael Rossidesinventor
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Abstract
We disclose a method for operating an online computer database system that enables users to create, match up and settle bet offers about whether an independent expert will judge a specified statement to be misleading or fair. The method, implemented via the computer system, displays these bet offers, thus providing a new way to debunk or validate a given statement.
Claims1
a method for operating a computer database system for the purpose of enabling bets that debunk and validate statements, said method comprising:
- (a) a user entering a bet into said database, said bet being constructed upon the question of whether a specified statement is misleading or not misleading,
- (b) enabling other users to find said bet,
- (c) enabling users to make a bet offer upon said bet, an offer being composed of a choice of misleading or not misleading, and an amount of money to be risked upon said choice being agreed with be a system judge, and an odds figure that determines how much the user will risk in proportion to opposing users who have chosen the opposite side of the bet,
- (d) matching up opposing bet offers to create a bet contract,
- (e) enabling a judge to enter a decision as to which user's choice the judge agrees with and is consequently the winning choice,
- (f) displaying the results of said bet contract.
3 more elements
Dependencies are inferred from the claim text.