Roulette wheel betting
AssigneeCantor Index, LLC
InventorsJoseph M. ASHER, Dominic CROSTHWAITE, Howard W. LUTNICK, Guy Iain Oliver RICHES
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Abstract
The invention provides a system and method for creating and facilitating the exchange of wagering-based transferable financial instruments. The instruments may be used to embody multiple various positions based upon the ultimate outcomes of uncertain future contingent events, including but not limited to outcomes of games of skill and chance. The invention further provides systems and platforms for monitoring, displaying information, and facilitating trading as to such instruments among multiple investment market participants, and a hosting or house participant, for time-variable buying and selling of such instruments.
Claims50
A method, comprising:
- receiving by at least one processor from a user a wager on at least one potential outcome of combined results of spins of at least one roulette wheel;
- determining a plurality of results from a plurality of spins of the at least one roulette wheel;
- combining by the at least one processor the plurality of results;
- and
- based on the combined results, determining by the at least one processor whether the wager is a winning wager.
An apparatus, comprising:
- at least one processor;
- and
- a memory having software stored thereon that when executed by the at least one processor directs the at least one processor to:
- receive from a user a wager on at least one potential outcome of combined results of spins of at least one roulette wheel;
- determine a plurality of results from a plurality of spins of the at least one roulette wheel;
- combine by the computing system the plurality of results;
- and
- based on the combined results, determine by the computing system whether the wager is a winning wager.
Dependencies are inferred from the claim text.