Patent ID: 7660751
Filing Date: 2010-02-09
Classification: G06Q

Abstract:
1. A method of electronic commerce, comprising: identifying, from a database, a plurality of teams who could qualify for a playoff game; providing, in a register, a plurality of tickets for said playoff game; establishing a network-based on-line system for sale of futures contracts to acquire said tickets for said playoff game, wherein each futures contract is exercisable upon occurrence of a designated one of said plurality of teams qualifying for said playoff game, wherein each of said plurality of teams could qualify for said playoff game yet which of said plurality of teams is to appear at said playoff game is unknown at the sale of said futures contract; offering, via a buyer device, said futures contracts for sale for each of said tickets for each of said plurality of teams that could, at the time of the offer for sale, qualify to appear at said playoff game; trading said futures contracts in a secondary marketplace, said secondary marketplace being a computer-implemented, network accessible electronic marketplace; and triggering, in an order processing module of the network-based on-line system, the exercisability of said futures contracts associated with each of said teams that qualify for said playoff game.