Computer graphics processing and display of selectable items
First Claim
Patent Images
1. A method, comprising:
- receiving by at least one processor state information of a live event in real time, in which the live event comprises a sporting event played by human players according to predetermined rules that are used to determine at least one winner of the sporting event, in which at least a portion of the sporting event is played at a playing area;
determining by the at least one processor an initial state and a plurality of possible future states of a performance parameter of the live event based on the state information;
creating by the at least one processor a first betting market for betting on at least one of the plurality of possible future states, in which the plurality of users comprises a first user, and in which the act of creating a first betting market comprises;
determining by the processor probabilities for the plurality of possible future states, in which a first one of the possible future states is defined by a first location of the playing area; and
based at least in part on the probabilities, determining by the processor odds for betting on at least one of the plurality of possible future states, the odds comprising at least first odds for betting on the first possible future state;
after creating the first betting market, causing, by the at least one processor, a video of the game to be displayed to the first user at a touch-sensitive display device, the live video comprising at least one image of the playing area comprising a live image of the first location;
receiving by the at least one processor from a first of a plurality of users a first bet, in which the act of receiving the first bet comprises receiving indicia of a touching of the live image of the first location of the playing area corresponding to the first one of the plurality of possible future states defined by the first location;
after receiving the first bet, closing by the processor the first betting market prior to an end time of the initial state;
sending from the at least one processor an instruction signal to close the first betting market;
determining by the at least one processor an actual future state of the performance parameter;
determining by the at least one processor that the possible future state selected by the first user is the actual future state; and
automatically paying a payout to the first user based on the first bet and the act of determining that the first possible future state selected by the first user is the actual future state.
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Abstract
Systems and methods are provided for wagering during an event. In some embodiments, the system creates real-time markets for betting on outcomes during a live sporting event. The system determines odds for outcomes based on determined probabilities of those outcomes. A betting market is opened. A touch-sensitive display device displays a video of the game including a live image of a first location of a playing area. A bet is received from a first user based on touching the first location. After the betting market is closed, the bet outcome is resolved, and a payout is automatically paid to a winning bettor.
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Citations
20 Claims
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1. A method, comprising:
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receiving by at least one processor state information of a live event in real time, in which the live event comprises a sporting event played by human players according to predetermined rules that are used to determine at least one winner of the sporting event, in which at least a portion of the sporting event is played at a playing area; determining by the at least one processor an initial state and a plurality of possible future states of a performance parameter of the live event based on the state information; creating by the at least one processor a first betting market for betting on at least one of the plurality of possible future states, in which the plurality of users comprises a first user, and in which the act of creating a first betting market comprises; determining by the processor probabilities for the plurality of possible future states, in which a first one of the possible future states is defined by a first location of the playing area; and based at least in part on the probabilities, determining by the processor odds for betting on at least one of the plurality of possible future states, the odds comprising at least first odds for betting on the first possible future state; after creating the first betting market, causing, by the at least one processor, a video of the game to be displayed to the first user at a touch-sensitive display device, the live video comprising at least one image of the playing area comprising a live image of the first location; receiving by the at least one processor from a first of a plurality of users a first bet, in which the act of receiving the first bet comprises receiving indicia of a touching of the live image of the first location of the playing area corresponding to the first one of the plurality of possible future states defined by the first location; after receiving the first bet, closing by the processor the first betting market prior to an end time of the initial state; sending from the at least one processor an instruction signal to close the first betting market; determining by the at least one processor an actual future state of the performance parameter; determining by the at least one processor that the possible future state selected by the first user is the actual future state; and automatically paying a payout to the first user based on the first bet and the act of determining that the first possible future state selected by the first user is the actual future state. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. An apparatus comprising:
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at least one processor; and at least one memory, in which the at least one memory stores instructions which, when executed by the at least one processor, direct the at least one processor to; receive state information of a live event in real time, the live event comprising a sporting event played by human players according to predetermined rules that are used to determine at least one winner of the sporting event, in which at least a portion of the sporting event is played at a playing area; determine an initial state and a plurality of possible future states of a performance parameter of the live event based on the state information; create a first betting market for betting on at least a first one of the plurality of possible future states, in which the plurality of users comprises a first user, in which the act of creating a first betting market comprises; determining probabilities for the plurality of possible future states, in which a first one of the possible future states is defined by a first location of the playing area; and based on the probabilities, determining odds for betting on at least one of the plurality of possible future states, the odds comprising at least first odds for betting on the first possible future state; after creating the first betting market, cause, by the at least one processor, a video of the game to be displayed to the first user at a touch-sensitive display device, the live video comprising at least one live image of the playing area; receive from a first of a plurality of users a first bet, in which the act of receiving the first bet comprises receiving indicia of a touching of the live image of the first location of the playing area corresponding to the first one of the plurality of possible future states defined by the first location; after receiving the first bet, close the first betting market prior to an end time of the initial state; send an instruction signal to close the first betting market; determine an actual future state of the performance parameter; determine that the possible future state selected by the first user is the actual future state; and automatically pay a payout to the first user based on the first bet and the act of determining that the first possible future state selected by the first user is the actual future state.
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20. An apparatus comprising:
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a touch-sensitive display device comprising a user input device; a processor operably connected to the display; and a memory operably connected to the processor and the display, in which the memory stores instructions which, when executed by the processor, direct the processor to; receive state information of a live event in real time, the live event comprising a sporting event played by human players according to predetermined rules that are used to determine at least one winner of the sporting event; determine an initial state and a plurality of possible future states of a performance parameter of the live event based on the state information; create a first betting market for betting on at least one of the plurality of possible future states, in which the plurality of users comprises a first user, in which the act of creating a first betting market comprises; determining probabilities for the plurality of possible future states; and based on the probabilities, determining odds for betting on at least one of the plurality of possible future states; after creating the first betting market, receive from a first of a plurality of users a first bet comprising a selection of one of the plurality of possible future states; after receiving the first bet, close the first betting market prior to an end time of the initial state; send an instruction signal to close the first betting market; determine an actual future state of the performance parameter; determine that the possible future state selected by the first user is the actual future state; and pay a payout to the first user based on the first bet and the act of determining that the possible future state selected by the first user is the actual future state; transmit a live video of the live event in real time to a touch-sensitive display device, the live video comprising an image of a player in the live event; cause the touch-sensitive display device to display an image of the player; receive from the display device an indication that a user touched the image of the player on the touch-sensitive display; in response to receiving the indication, cause the touch-sensitive display device to output betting information related to the player; cause the display device to display a betting menu overlay on the touchsensitive display, the betting menu overlay comprising at least one image corresponding to a betting option; receive a signal indicating that a user touched the at least one image; and responsive to the signal, determine a selection of the betting option by the user; in which the live video comprises an image of a player, and wherein the touch-sensitive display is operable to output betting information related to the player when the image of the player is touched by a user, and in which the sporting event occurs during an event time duration such that the sporting event begins at the beginning of the event time duration and ends at the end of the event time duration, sporting event comprising a plurality of portions of the event occurring during sequential portions of the event time duration, in which a plurality of possible future states comprises a possible future state occurring at the end of one of the sequential time periods, and in which at least one betting market is created for each of the sequential time periods.
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Specification