Computer graphics processing methods and systems for presentation of graphics objects or text in a wagering environment with market chaining

• US 8,204,808 B2
• Filed: 09/27/2006
• Issued: 06/19/2012
• Est. Priority Date: 03/05/2004
• Status: Active Grant

• Current Assignee: Cantor Index LLC
• Original Assignee: Cantor Index LLC
• Inventors: Amaitis, Lee, Puckeridge, David Anthony, Davie, Christopher John, Riches, Guy Iain Oliver, Lawrey, Peter Kenneth
• Primary Examiner(s): Norman, Samica L
• Application Number:
  US11/535,662
• Publication Number:
  US 20070117624A1
• Time in Patent Office: 2,092 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 a first of a plurality of equally timed intraday betting sessions;

communicating wagering information to at least one user, the wagering information comprising at least one betting value corresponding to a value of a reference variable associated with an object;

receiving at a computing device from the at least one user a bet request on the at least one betting value achieving a level at an end of the first betting session that is above or below the value of the reference variable at a first time in the first betting session;

starting a second of the plurality of intraday betting sessions immediately after expiration of the first betting session;

communicating wagering information to at least one user, the wagering information comprising at least one betting value corresponding to a value of a reference variable associated with the object; and

receiving at the computing device from the at least one user a bet request on the at least one betting value achieving a level at an end of the second betting session that is above or below the value of the reference variable at a first time in the second betting session, wherein all bets on the at least one betting value placed within each of the plurality of intraday betting sessions expire at an end of the particular betting session that the bets were placed.

2. The method of claim 1, comprising settling bets received in the first betting session concurrently with the running of the second betting session.

3. The method of claim 1, wherein at least one of the first and the second betting sessions comprising at least one of a five-minute expiration, a half-hour expiration, and an hour expiration.

4. The method of claim 1, wherein the betting value comprises a market value of the object.

5. The method of claim 1, wherein the betting value corresponds to an amount above the value of the reference variable.

6. The method of claim 1, wherein the betting value corresponds an amount below the value of the reference variable.

7. The method of claim 1, wherein the wagering information comprises a plurality of betting values, a first betting value corresponding to an amount above the reference variable and a second betting value corresponding to an amount below the reference variable.

8. The method of claim 1, wherein the object comprises a wagering event.

9. The method of claim 1, wherein the object comprises at least one of a security and an index.

10. The method of claim 1, comprising determining odds for at least one of an up bet request and a down bet request, the wagering information comprising the odds for the at least one of the up bet request and the down bet request.

11. The method of claim 1, wherein the betting value is set at the start of and remains unchanged for at least the first betting session, the method comprising determining odds for at least one of an up bet request and a down bet request based at least on the value of the reference variable at a time after the start of the betting session, and wherein the wagering information comprises the odds for the at least one of the up bet request and the down bet request.

12. The method of claim 11, wherein the bet request comprises odds determined at the time of the bet request.

13. The method of claim 11, comprising determining at least one of the up bet odds and the down bet odds and communicating the wagering information comprising the at least one of the up bet odds and the down bet odds automatically to reflect movement in the value of the reference variable during the betting session.

14. The method of claim 1, comprising determining odds for at least one of an up bet request and a down bet request, the odds remaining unchanged for at least the first betting session.

15. The method of claim 14, comprising communicating the wagering information comprising the betting value automatically to reflect movement in the value of the reference variable.

16. The method of claim 1, comprising receiving at least one bet request;

determining that the at least one bet request is attempting to bet on outdated data; and

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

17. 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 of a plurality of equally timed intraday betting sessions;

communicating wagering information to at least one user, the wagering information comprising at least one betting value corresponding to a value of a reference variable associated with an object;

receiving at a computing device from the at least one user a bet request on the at least one betting value achieving a level at an end of the first betting session that is above or below the value of the reference variable at a first time in the first betting session;

starting a second of the plurality of intraday betting session immediately after expiration of the first betting session;

communicating wagering information to at least one user, the wagering information comprising at least one betting value corresponding to a value of a reference variable associated with the object; and

receiving at the computing device from the at least one user a bet request on the at least one betting value achieving a level at an end of the second betting session that is above or below the value of the reference variable at a first time in the second betting session, wherein all bets on the at least one betting value placed within each of the plurality of intraday betting sessions expire at an end of the particular betting session that the bets were placed.

18. The system of claim 17, the method comprising settling bets received in the first betting session concurrently with the running of the second betting session.

19. The system of claim 17, wherein at least one of the first and the second betting sessions comprising at least one of a five-minute expiration, a half-hour expiration, and an hour expiration.

20. The system of claim 17, wherein the betting value comprises a market value of the object.

21. The system of claim 17, wherein the betting value corresponds to an amount above the value of the reference variable.

22. The system of claim 17, wherein the betting value corresponds an amount below the value of the reference variable.

23. The system of claim 17, wherein the wagering information comprises a plurality of betting values, a first betting value corresponding to an amount above the reference variable and a second betting value corresponding to an amount below the reference variable.

24. The system of claim 17, wherein the object comprises a wagering event.

25. The system of claim 17, wherein the object comprises at least one of a security and an index.

26. The system of claim 17, the method comprising determining odds for at least one of an up bet request and a down bet request, the wagering information comprising the odds for the at least one of the up bet request and the down bet request.

27. The system of claim 17, wherein the betting value is set at the start of and remains unchanged for at least the first betting session, the method comprising determining odds for at least one of an up bet request and a down bet request based at least on the value of the reference variable at a time after the start of the betting session, and wherein the wagering information comprises the odds for the at least one of the up bet request and the down bet request.

28. The system of claim 27, wherein the bet request comprises odds determined at the time of the bet request.

29. The system of claim 27, the method comprising determining at least one of the up bet odds and the down bet odds and communicating the wagering information comprising the at least one of the up bet odds and the down bet odds automatically to reflect movement in the value of the reference variable during the betting session.

30. The system of claim 29, the method comprising determining odds for at least one of an up bet request and a down bet request, the odds remaining unchanged for at least the first betting session.

31. The system of claim 30, the method comprising communicating the wagering information comprising the betting value automatically to reflect movement in the value of the reference variable.

32. The system of claim 17, the method comprising receiving at least one bet request;

determining that the at least one bet request is attempting to bet on outdated data; and

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