In-running wagering

US10438451B2 · kind B2 · utility

Assignee

• CG Technology Development, LLC · US

Inventors

• Lee Amaitis · Las Vegas, US
• Andrew Garrood · New York, US
• Mike Colbert · Las Vegas, US
• Heather Parks · Las Vegas, US
• Anthony Storm · Stapleford, GB
• Foster Barton · London, GB
• Thomas D. Bradshaw · New York, US

Key dates

• Filing date: Oct 9, 2014
• Grant date: Oct 8, 2019
• Expiry date: Oct 9, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F17/3244
• WIPO field: Control
• WIPO sector: Instruments

Abstract

Methods and systems are provided herewith for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.