System and Method for Operating a Competitive Sports Market Based on Ranking

A computer system for providing a market for a plurality of participants to invest in a plurality of shares of corresponding competitors, the computer system comprising:

• a central processing unit;
• memory coupled to the central processing unit;
• a data bus coupled to the central processing unit;
• a persistent storage device coupled to the data bus;
• and
• a network interface device coupled to the data bus, the computer system being configured to:
• store a plurality of share holdings of the participants;
• store a plurality of credit balances of the participants;
• and
• redeem shares at the conclusion of a period,
• wherein the computer system is configured to redeem shares by calculating an amount that the credit balance of each participant should be modified in accordance with a plurality of values of corresponding ones of the shares at the conclusion of the period and the share holdings of a corresponding participant of the participants, and
• wherein the values of the shares at the conclusion of the period is determined based on a benchmark ranking of the competitors at the conclusion of the period.