System and method for generating customized odds bets for an event
First Claim
1. A method of managing bets, comprising:
- identifying a field of participants for an event, each participant associated with particular odds to finish in a particular subset of finishing positions in the event;
identifying customized odds for a bet;
identifying a lead participant from the field of participants;
selecting one or more additional participants from the field of participants such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet;
establishing the bet on a group of participants that comprises the lead participant and the additional participants.
1 Assignment
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Accused Products
Abstract
A system for managing bets comprises a memory and a processor. The memory stores information associated with a field of participants for an event, each participant associated with particular odds for the event. The processor receives a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions in the event, wherein the bet is associated with customized odds. The processor further select one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet.
260 Citations
46 Claims
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1. A method of managing bets, comprising:
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identifying a field of participants for an event, each participant associated with particular odds to finish in a particular subset of finishing positions in the event;
identifying customized odds for a bet;
identifying a lead participant from the field of participants;
selecting one or more additional participants from the field of participants such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet;
establishing the bet on a group of participants that comprises the lead participant and the additional participants. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method for managing bets, comprising:
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identifying a field of participants for an event, each participant associated with particular odds to finish in a particular subset of finishing positions in the event;
identifying customized odds for a bet;
selecting a plurality of participants from the field of participants such that the odds associated with each of the selected participants combines to at least approximate the customized odds for the bet;
establishing the bet on the selected participants. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A method of managing bets, comprising:
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identifying a field of participants for an event, each participant associated with particular odds for the event;
receiving a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions associated with the event, wherein the bet is associated with customized odds; and
selecting one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32, 33, 34, 35)
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36. A system for managing bets, comprising:
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a memory operable to store information associated with a field of participants for an event, each participant associated with particular odds for the event; and
a processor coupled to the memory and operable to;
receive a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions associated with the event, wherein the bet is associated with customized odds; and
select one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet. - View Dependent Claims (37, 38, 39, 40, 41, 42, 43, 44, 45, 46)
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Specification