Real-time interactive wagering on event outcomes

Amusement devices: games – Including means for processing electronic data – Credit/debit monitoring or manipulation

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

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.

REFERENCES:
patent: 4322612 (1982-03-01), Lange
patent: 4764666 (1988-08-01), Bergeron
patent: 4882473 (1989-11-01), Bergeron et al.
patent: 5077665 (1991-12-01), Silverman et al.
patent: 5136501 (1992-08-01), Silverman et al.
patent: 5159549 (1992-10-01), Hallman, Jr. et al.
patent: 5276312 (1994-01-01), McCarthy
patent: 5283734 (1994-02-01), Von Kohorn
patent: 5375055 (1994-12-01), Togher et al.
patent: 5636843 (1997-06-01), Roberts
patent: 5713793 (1998-02-01), Holte
patent: 5713795 (1998-02-01), Kohorn
patent: 5800268 (1998-09-01), Molnick
patent: 5842921 (1998-12-01), Mindes et al.
patent: 6004211 (1999-12-01), Brenner et al.
patent: 6014627 (2000-01-01), Togher et al.
patent: 6126543 (2000-10-01), Friedman
patent: 6321212 (2001-11-01), Lange
patent: 6435968 (2002-08-01), Torango
patent: 6464583 (2002-10-01), Kidron
patent: 2002/0099640 (2002-07-01), Lange
patent: 2002/0147670 (2002-10-01), Lange
patent: 2 379 616 (2001-04-01), None
patent: WO 00/40313 (2000-07-01), None
patent: WO 00/67215 (2000-11-01), None
patent: WO 01/69344 (2001-09-01), None
patent: WO 01/78405 (2001-10-01), None
patent: WO 02/27675 (2002-04-01), None
“The Most Powerful ATM card on the Planet”,PrePaid ATM, available athttp://www.prepaidatm.com, retrieved on Feb. 19, 2003, 1 p.
“Prepaid gift card”Southwestmart, available athttp://www.southwestmart.com/giftcard.htm, retrieved on Feb. 19, 2003, 1 p.
Stop Loss —How to Limit your Spread Bet Liability,@bout spread betting, available athttp://www.about-spread-betting.co.uk/spread—bet—stop—loss.htm, retrieved on Feb. 20, 2003, 2 pp.
“Longitude, Completing the World's Capital Markets”,available athttp://www.longitude,com/index.html, retrieved on Apr. 10, 2003, 10 pp.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Real-time interactive wagering on event outcomes does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Real-time interactive wagering on event outcomes, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Real-time interactive wagering on event outcomes will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2810438

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.