Computer graphics processing methods and systems for presentation of graphics objects or text in a wagering environment with suspect wager checking

• US 8,086,510 B2
• Filed: 09/28/2006
• Issued: 12/27/2011
• Est. Priority Date: 03/05/2004
• Status: Expired due to Fees

• Current Assignee: Cantor Index LLC
• Original Assignee: Cantor Index LLC
• Inventors: Amaitis, Lee, Davie, Christopher John, Puckeridge, David Anthony, Riches, Guy Iain Oliver, Lawrey, Peter Kenneth
• Primary Examiner(s): Norman, Samica L
• Application Number:
  US11/536,094
• Publication Number:
  US 20070129138A1
• Time in Patent Office: 1,916 Days
• Field of Search: 705/35, 705/38, 705/37, 463/20, 463/25
• US Class Current: 705/35
• 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. A method comprising:

starting, by at least one processor in electronic communication with at least one memory, a first betting session;

communicating, by the at least one processor, betting product information to at least one user;

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

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

receiving, by the at least one processor, a plurality of other bet requests for wagering on at least one betting product, each of the plurality of bet requests comprising at least one betting term from betting product information;

validating, by the at least one processor, the first bet request from the first user based on determining that the first bet request comprises at least one betting term from the refreshed betting product information;

validating, by the at least one processor, the plurality of other bet requests based on determining that a term associated each of the plurality of other bet requests falls within a range from a corresponding term associated with the validated first bet request; and

communicating, by the at least one processor, a message to at least one user indicating that the validated bet requests have been accepted.

2. The method of claim 1, comprising determining that at least one bet request comprises at least one betting term from outdated betting product information that is more favorable to a user submitting the bet request and communicating a message thereto indicating that the bet request is invalid.

3. The method of claim 1, wherein the at least one betting term comprises at least one betting line value, the at least one betting term from the refreshed betting product information comprises a refreshed betting line value, and wherein the plurality of other bets are validated based on at least one betting line value associated therewith falling within a range from the betting line value associated with the validated first bet request.

4. The method of claim 1, wherein the at least one betting term comprises odds for the at least one betting product, the at least one betting term from the refreshed betting product information comprises refreshed odds for the at least one betting product, and wherein the plurality of other bets are validated based on odds associated therewith falling within a range from the odds associated with the validated first bet request.

5. The method of claim 1, comprising determining that a second bet request comprises at least one betting term from outdated betting product information that is not more favorable to a user submitting the bet request;

accepting the second bet request; and

creating a betting instrument for the second bet request.

6. The method of claim 1, comprising:

creating a betting instrument for each validated bet request.

7. The method of claim 1, comprising starting a second betting session immediately after expiration of the first betting session.

8. The method of claim 7, comprising settling bets received in the first betting session concurrently with the running of the second betting session.

9. The method of claim 1, wherein the betting product comprises at least one of an up bet and a down bet relative to a betting line value.

10. The method of claim 9, 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.

11. The method of claim 10, wherein the at least one betting term comprises odds determined at the time of the bet request.

12. The method of claim 11, 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.

13. The method of claim 9, 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.

14. The method of claim 1, wherein at least one of the plurality of other bet requests are received from a user other than the first user.

15. 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 a computing device a first bet request for wagering on at least one betting product from a first user, the bet request comprising at least one betting term from betting product information;

receiving at the computing device a plurality of other bet requests for wagering on at least one betting product, each of the plurality of bet requests comprising at least one betting term from betting product information;

validating the first bet request from the first user based on determining that the first bet request comprises at least one betting term from the refreshed betting product information;

validating automatically the plurality of other bet requests based determining that a term associated each of the plurality of other bet requests falls within a range from a corresponding term associated with the validated first bet request; and

communicating a message to the at least one user indicating that the validated bet requests have been accepted.

16. The system of claim 15, the method comprising determining that the at least one bet request comprises at least one betting term from outdated betting product information that is more favorable to a user submitting the bet request and communicating a message thereto indicating that the bet request is invalid.

17. The system of claim 15, wherein the at least one betting term comprises at least one betting line value, the at least one betting term from the refreshed betting product information comprises a refreshed betting line value, and wherein the plurality of other bets are validated based on at least one betting line value associated therewith falling within a range from the betting line value associated with the validated first bet request.

18. The system of claim 15, wherein the at least one betting term comprises odds for the at least one betting product, the at least one betting term from the refreshed betting product information comprises refreshed odds for the at least one betting product, and wherein the plurality of other bets are validated based on odds associated therewith falling within a range from the odds associated with the validated first bet request.

19. The system of claim 15, the method comprising determining that a second bet request comprises at least one betting term from outdated betting product information that is not more favorable to a user submitting the bet request;

accepting the second bet request; and

creating a betting instrument for the second bet request.

20. The system of claim 15, the method comprising:

creating a betting instrument for each validated bet request.

21. The system of claim 15, the method comprising starting a second betting session immediately after expiration of the first betting session.

22. The system of claim 21, the method comprising settling bets received in the first betting session concurrently with the running of the second betting session.

23. The system of claim 15, wherein the betting product comprises at least one of an up bet and a down bet relative to a betting line value.

24. The system of claim 23, 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.

25. The system of claim 24, wherein the at least one betting term comprises odds determined at the time of the bet request.

26. The system of claim 25, 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.

27. The system of claim 23, 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.

28. The system of claim 15, wherein at least one of the plurality of other bet requests are received from a user other than the first user.