Patent ID: 8015073
Filing Date: 2011-09-06
Classification: G06Q

Abstract:
1. A method for selling tickets comprising: designating within a computer system event details that include an event date and a number of tickets available for the event; determining, via at least one program executing on computing equipment, wherein the at least one program is stored on a non-transitory storage medium, a plurality of time sequenced ticket release batches, each batch having a batch start time, a batch end time, and a quantity of tickets to be released for that batch, wherein each ticket is associated with an available seat for the event; receiving, via at least one program executing on computing equipment, wherein the at least one program is stored on a non-transitory storage medium, auction based bids for the tickets; at the end of each batch, ordering, via at least one program executing on computing equipment, wherein the at least one program is stored on a non-transitory storage medium, received bids in accordance with a determined bid value; and accepting, via at least one program executing on comment wherein the at least one program is stored on a non-transitory storage medium, bids in order according to said ordering step, where accepting a bid allocates a number of tickets associated with the bid to a winning bidder; and notifying, via at least one program executing on computing equipment, wherein the at least one program is stored on a non-transitory storage medium, winning bidders of the accepted bids, wherein a plurality of the release batches are auctioned, wherein the quantity of tickets per release batch is increased as a time to the event approaches, and wherein a frequency of release batches increases as a time to the event approaches.