Wagering on event outcomes during the event
AssigneeCg Technology Development, LLC
InventorsLee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
Life of this patent
Estimating the term…
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AssigneeCg Technology Development, LLC
InventorsLee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
Estimating the term…
Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
(canceled)
An apparatus, comprising:
A method comprising:
A non-transitory machine-readable medium configured to store instructions which, when executed by at least one processor in networked communication with a computer system, controls:
Dependencies are inferred from the claim text.