Patent ID: 6023685
Filing Date: 2000-02-08
Classification: G06Q,H04L

Abstract:
An automated event ticket auctioning system, the automated event ticket auctioning system receiving and evaluating bid information records received from a plurality of remote terminals, said bid information records corresponding to bids for one or more seats within a venue and corresponding to at least one particular event, said venue having a plurality of sections, each section having a plurality of seats, the automated event ticket auctioning system comprising:a) a memory storing a plurality of previously accepted bid information records, said previously accepted bid information records each including identification information, section identification, quantity information, and bid price information, said memory also storing a seating database having a predetermined preferential rank for each seat in each section;b) a central controlling computer operably connected to the memory and operable to receive a message including a received bid information record from one of the plurality of remote terminals through a communication system, said received bid information record including received identification information, received section identification, received quantity information, and received bid price information,determine a lowest minimum acceptable bid value corresponding to the received section information using the previously accepted bid information records stored in the memory,store the received bid information record if a value represented by the received bid price information exceeds the lowest minimum acceptable bid value,associate one or more particular seats having a predetermined preferential rank with the stored received bid information record based on the section identification and bid price information, anddetermine a ticket price for each of the one or more particular seats associated with a stored received bid information record based on the bid price information in the stored received bid information record associated with the seat.