Patent ID: 8024244
Filing Date: 2011-09-20
Classification: G06Q,Y02A

Abstract:
1. A method comprising: receiving an opinion regarding an eventuality; determining, using one or more microprocessors, a payout amount that is payable if the opinion regarding the eventuality is correct; publishing the opinion regarding the eventuality and the payout amount that is payable if the opinion regarding the eventuality is correct; receiving a first market based price for a right to the payout amount that is payable if the opinion regarding the eventuality is correct; facilitating for at least one additional market based price transfer of the right to the payout amount that is payable if the opinion regarding the eventuality is correct; publishing a trend over time between the first market based price and the at least one additional market based price; determining whether the opinion regarding the eventuality is correct; and facilitating the payout amount if the opinion regarding the eventuality is correct.