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US 8,506,393 B2Granted
Products and processes for point gaming derivatives
AssigneeCfph, LLC
InventorsHoward W. Lutnick, Zoe Charlotte Greenberg
Life of this patent
Estimating the term…
Abstract
Methods of tracking points among participants in various wagers. An indication of a wager may be received, including point distributions, participants, an event, etc. An indication of an outcome of the wager may be received. Points may be allocated among participants in accordance with a desired point distribution based on the outcome of the wager. An indication of a point adjustment may be received, and points may be adjusted accordingly. The point adjustment may be associated with an external exchange between participants in a wager. Other embodiments are disclosed.
Claims20
A method comprising:
- determining, by a computer system, an allocation of points among a plurality of participants;
- receiving, by the computer system, an indication of a first wager, wherein the first wager is based on an outcome of an event, wherein the first wager includes:
- first amount of points wagered, and
- at least two participants of the plurality of participants;
- receiving, by the computer system, an indication of a second wager, wherein the second wager includes a wager based on a future allocation of the first amount of points among the at least two participants, wherein the second wager includes:
- a second amount of points wagered, and
- at least two other participants of the plurality of participants, wherein the at least two other participants are not the at least two participants;
- based, at least in part, on the outcome of the first wager, allocating, by a processor of the computer system, at least a portion of the first amount of points wagered among the at least two participants;
- based on the allocation of the first amount of points among the at least two participants, allocating, by the processor, at least a portion of the second amount of points wagered among the at least two other participants;
- and
- based on the allocation of the second amount of points, adjusting, by the processor, the first amount of points allocated to the at least two participants.
8 more elements
An apparatus comprising at least one non-transitory machine readable medium, the at least one non-transitory machine readable medium having stored thereon a plurality of machine instructions, the plurality of machine instructions together being able to control at least one computer system to:
- determine an allocation of points among a plurality of participants;
- receive an indication of a first wager, wherein the first wager is based on an outcome of an event, wherein the first wager includes:
- first amount of points wagered, and
- at least two participants of the plurality of participants;
- receive an indication of a second wager, wherein the second wager includes a wager based on a future allocation of the first amount of points among the at least two participants, wherein the second wager includes:
- a second amount of points wagered, and
- at least two other participants of the plurality of participants, wherein the at least two other participants are not the at least two participants;
- based, at least in part, on the outcome of the first wager, allocate at least a portion of the first amount of points wagered among the at least two participants;
- based on the allocation of the first amount of points among the at least two participants, allocate at least a portion of the second amount of points wagered among the at least two other participants;
- and
- adjust, based on the allocation of the second amount of points, the first amount of points allocated to the at least two participants.
8 more elements
A method comprising:
- determining, by a computer system, an allocation of points among a plurality of participants;
- receiving, by the computer system, an indication of a first wager, wherein the first wager is based on an outcome of an event, wherein the first wager includes:
- a first amount of points wagered, and
- at least two participants of the plurality of participants,
- wherein the event includes a competition between two individuals, in which the two individuals do not include the at least two participants;
- receiving, by the computer system, an indication of a second wager, wherein the second wager is a wager based on a future allocation of the first amount of points among the at least two participants, wherein the second wager includes:
- a second amount of points wagered, and
- at least two other participants of the plurality of participants, wherein the at least two other participants are not the at least two participants,
- wherein the outcome of the second wager is based at least in part on one of:
- an allocation of points between the at least two participants,
- a comparison of points allocated to the at least two participants,
- an adjusted allocation of points based on a plurality of wagers,
- a comparison of points allocated to the at least two participants within a period of time, or
- one of the at least two other participants will accumulate a higher number of points than another of the at least two other participants within a period of time identified in the second wager;
- based, at least in part, on the outcome of the first wager, allocating, by a processor of the computer system, at least a portion of the first amount of points wagered among the at least two participants;
- based on the allocation of the first amount of points among the at least two participants, allocating, by the processor, at least a portion of the second amount of points wagered among the at least two other participants;
- and
- based on the allocation of the second amount of points, adjusting, by the processor, the first amount of points allocated to the at least two participants.
15 more elements
Dependencies are inferred from the claim text.