Patent ID: 11869316
Assignee: nan
Field: Control (Instruments)
Classification: CPC G | IPC G

Claim 12:
13. A system comprising:
at least memory and one processor running executable instructions related to a group of future events, each future event having a winner and loser; and
wherein said at least one processor running said executable instructions:
(i) receives user instructions for a contest including selected future events, amount of entry fee, number of paid positions and percentage payout breakdown;
(ii) generates a prize pool and pay table based on entry fee, number of paid positions and percentage payout breakdown;
(iii) transmits contest details to potential contestants as identified by said user;
(iv) receives entries from said contestants;
(v) upon receiving a threshold number of entries, randomly distributes to multiple contestants a plurality of tickets each comprising possible outcomes of each of said future events, each of said plurality of tickets being unique;
(vi) tracks results of said future events based on assignment of a unique identifier to each possible bracket tournament outcome to reduce use of said memory;
(vii) based on said tracked results of said future events, updates a status of each of said plurality of tickets held by said multiple contestants; and
(viii) causes an award or prize to be provided to one or more contestants holding tickets identifying at least a threshold number of future events resulting in a winning outcome.