COMPUTER GRAPHICS PROCESSING METHODS AND SYSTEMS FOR PRESENTATION OF GRAPHICS OBJECTS OR TEXT IN A WAGERING ENVIRONMENT WITH SUSPECT WAGER CHECKING

• US 20070129138A1
• Filed: 09/28/2006
• Published: 06/07/2007
• Est. Priority Date: 03/05/2004
• Status: Active Grant

• Current Assignee: Cantor Index LLC
• Original Assignee: Cantor Index LLC
• Inventors: Amaitis, Lee, Puckeridge, David, Lawrey, Peter, Davie, Christopher, Riches, Guy
• Granted Patent: US 8,086,510 B2
• Time in Patent Office: Days
• US Class Current: 463/25
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/34 Betting or bookmaking, e.g. Internet betting
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

Computer graphics processing systems and methods are provided for the presentation of graphic objects or text in a wagering environment. In at least one embodiment, the systems and methods present graphic objects on a graphic user interface screen that includes at least one of a plurality of betting lines, including a reference betting line, such as a market betting line having a value that corresponds to a value of a reference variable associated with an object, a high line having a value corresponding to an amount above the reference variable value, a low line having a value corresponding to an amount below the reference variable value, etc. The market, high, and low lines may be arranged spatially on the interface screen based at least on the values of each of the lines. The interface screen includes a least one computer generated graphic object associated with each of the betting lines that is selectable for submitting at least one of an up bet request and a down bet request. The at least one graphic object may be rotating or moving based on the tradeable state associated with the graphic object.

Claims

1-38. -38. (canceled)

39. A method comprising:

starting a first betting session;

communicating betting product information to at least one user;

communicating to the at least one user refreshed betting product information at least once during the first betting session;

receiving at least one bet request for wagering on at least one betting product from the at least one user, the bet request comprising at least one betting term from betting product information;

determining that the at least one bet request comprises at least one betting term from outdated betting product information; and

communicating a message to the at least one user indicating that the bet request is invalid.

40. The method of claim 39, comprising determining that the at least one bet request comprises at least one betting term from outdated more favorable betting product information.

41. The method of claim 39, wherein the at least one betting term comprises at least one betting line value, and wherein determining that the at least one bet request comprises at least one betting term from outdated betting product information comprises determining that the at least one bet request comprises at least one outdated betting line value.

42. The method of claim 39, wherein the at least one betting term comprises odds for the at least one betting product, and wherein determining that the at least one bet request comprises at least one betting term from outdated betting product information comprises determining that the at least one bet request comprises outdated odds for the at least one betting product.

43. The method of claim 39, comprising determining that the at least one bet request comprises at least one betting term from a predetermined number of prior betting product information communications.

45. The method of claim 39, comprising determining that at least one other bet request comprises at least one betting term from outdated betting product information that is not more favorable;

and creating a betting instrument for the at least one other bet request.

46. the method of claim 39, comprising:

receiving a plurality of bet requests from the at least one user, each of the plurality of bet requests comprising at least one betting term from betting product information;

validating one of the plurality of the bet requests; and

validating automatically another of the plurality of the bet requests based on a term associated with the another of the plurality of the bet requests being within a range from a corresponding term associated with the validated one of the plurality of the bet requests;

creating a betting instrument for each validated bet request.

47. The method of claim 46, wherein the at least one betting term comprises a betting line value and wherein the another of the plurality of the bet requests is validated based on a betting line value associated with the another of the plurality of the bet requests being within a range from a betting line value associated with the validated one of the plurality of the bet requests.

48. The method of claim 46, wherein the at least one betting term comprises odds for a bet request and wherein the another of the plurality of the bet requests is validated based on odds associated with the another of the plurality of the bet requests being within a range from odds associated with the validated one of the plurality of the bet requests.

49. The method of claim 46, wherein the at least one betting term comprises time for a bet request and wherein the another of the plurality of the bet requests is validated based on a time associated with the another of the plurality of the bet requests being within a range from a time associated with the validated one of the plurality of the bet requests.

50. The method of claim 39, comprising starting a second betting session essentially immediately after expiration of the first betting session.

51. The method of claim 50, comprising settling bets received in the first betting session concurrently with the running of the second betting session.

52. The method of claim 39, wherein the betting product comprises at least one of an up bet and a down bet relative to a betting line value.

53. The method of claim 52, comprising determining odds for at least one of an up bet betting product and a down bet betting product, the betting product information comprising the odds for the at least one of the up bet betting product and the down bet betting product.

54. The method of claim 53, wherein the at least one betting term comprises odds determined at the time of the bet request.

55. The method of claim 54, wherein the betting line value is set at a start of and remains unchanged for at least the first betting session, the method comprising determining odds for at least one of the up bet betting product and the down bet betting product, wherein the odds for the at least one of the up bet betting product and the down bet betting product vary for at least a portion of the betting session based at least on changes in a reference variable value associated with the betting line value, and wherein the betting product information comprises the odds for the at least one of the up bet betting product and the down bet betting product.

56. The method of claim 52, comprising determining odds for the at least one of the up bet betting product and the down bet betting product, wherein the odds remain unchanged for at least the first betting session and the betting line value varies for at least a portion of the betting session;

and determining a betting line value at a plurality of times during the betting session, wherein the betting product information comprises the odds for the at least one of the up bet betting product and the down bet betting product and the variable betting line value.

57. A system comprising at least one processor and a memory element having software stored thereon that when executed performs a method comprising:

starting a first betting session;

communicating betting product information to at least one user;

communicating to the at least one user refreshed betting product information at least once during the first betting session;

receiving at least one bet request for wagering on at least one betting product from the at least one user, the bet request comprising at least one betting term from betting product information;

determining that the at least one bet request comprises at least one betting term from outdated betting product information; and

communicating a message to the at least one user indicating that the bet request is invalid.

58. The system of claim 57, the method comprising determining that the at least one bet request comprises at least one betting term from outdated more favorable betting product information.

59. The system of claim 57, wherein the at least one betting term comprises at least one betting line value, and wherein determining that the at least one bet request comprises at least one betting term from outdated betting product information comprises determining that the at least one bet request comprises at least one outdated betting line value.

60. The system of claim 57, wherein the at least one betting term comprises odds for the at least one betting product, and wherein determining that the at least one bet request comprises at least one betting term from outdated betting product information comprises determining that the at least one bet request comprises outdated odds for the at least one betting product.

61. The system of claim 57, the method comprising determining that the at least one bet request comprises at least one betting term from a predetermined number of prior betting product information communications.

62. The system of claim 57, the method comprising determining that at least one other bet request comprises at least one betting term from outdated betting product information that is not more favorable;

and creating a betting instrument for the at least one other bet request.

63. the system of claim 57, the method comprising:

receiving a plurality of bet requests from the at least one user, each of the plurality of bet requests comprising at least one betting term from betting product information;

validating one of the plurality of the bet requests; and

validating automatically another of the plurality of the bet requests based on a term associated with the another of the plurality of the bet requests being within a range from a corresponding term associated with the validated one of the plurality of the bet requests;

creating a betting instrument for each validated bet request.

64. The system of claim 63, wherein the at least one betting term comprises a betting line value and wherein the another of the plurality of the bet requests is validated based on a betting line value associated with the another of the plurality of the bet requests being within a range from a betting line value associated with the validated one of the plurality of the bet requests.

65. The system of claim 63, wherein the at least one betting term comprises odds for a bet request and wherein the another of the plurality of the bet requests is validated based on odds associated with the another of the plurality of the bet requests being within a range from odds associated with the validated one of the plurality of the bet requests.

66. The system of claim 63, wherein the at least one betting term comprises time for a bet request and wherein the another of the plurality of the bet requests is validated based on a time associated with the another of the plurality of the bet requests being within a range from a time associated with the validated one of the plurality of the bet requests.

67. The system of claim 57, the method comprising starting a second betting session essentially immediately after expiration of the first betting session.

68. The system of claim 67, the method comprising settling bets received in the first betting session concurrently with the running of the second betting session.

69. The system of claim 57, wherein the betting product comprises at least one of an up bet and a down bet relative to a betting line value.

70. The system of claim 69, the method comprising determining odds for at least one of an up bet betting product and a down bet betting product, the betting product information comprising the odds for the at least one of the up bet betting product and the down bet betting product.

71. The system of claim 70, wherein the at least one betting term comprises odds determined at the time of the bet request.

72. The system of claim 71, wherein the betting line value is set at a start of and remains unchanged for at least the first betting session, the method comprising determining odds for at least one of the up bet betting product and the down bet betting product, wherein the odds for the at least one of the up bet betting product and the down bet betting product vary for at least a portion of the betting session based at least on changes in a reference variable value associated with the betting line value, and wherein the betting product information comprises the odds for the at least one of the up bet betting product and the down bet betting product.

73. The system of claim 69, the method comprising determining odds for the at least one of the up bet betting product and the down bet betting product, wherein the odds remain unchanged for at least the first betting session and the betting line value varies for at least a portion of the betting session;

and determining a betting line value at a plurality of times during the betting session, wherein the betting product information comprises the odds for the at least one of the up bet betting product and the down bet betting product and the variable betting line value.