Amusement devices: games – Including means for processing electronic data – Credit/debit monitoring or manipulation
Reexamination Certificate
2008-03-11
2008-03-11
Pezzuto, Robert E (Department: 3714)
Amusement devices: games
Including means for processing electronic data
Credit/debit monitoring or manipulation
Reexamination Certificate
active
07341517
ABSTRACT:
Systems and methods for real-time interactive wagering on event outcomes are presented. Clients are first qualified and given wagering limits before being allowed to interactively wager on event outcomes. Event outcomes may be based on, for example, financial markets and indices, sporting and entertainment events, casino games, casino performances, and natural phenomena such as weather and earthquakes. Events on which wagers can be placed include both those with known and unknown outcome probabilities, and wagers can be a fixed-odds type or a spread-bet type. Wager transactions, including acceptances and confirmations, are executed in real time. Clients can customize displays of events on which they are authorized to wager. Real-time client credit management, automatic dealer hedging, automatic price-spread adjustments, and automatic client and dealer defined wagering limits are also provided.
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Asher Joseph M
Lutnick Howard W
Cantor Index LLC
Papageorgiou Antonio
Pezzuto Robert E
LandOfFree
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