Patent ID: 8210926
Filing Date: 2012-07-03
Classification: G06Q,G07F

Abstract:
1. An apparatus comprising: at least one processor; and a memory electronically coupled to the at least one processor and comprising instructions that when executed by the at least one processor direct the at least one processor to: receive from a bettor a wager on an event at desired odds, in which the wager has a bet amount associated therewith, and in which the event comprises a plurality of participants and a plurality of betting options; determine odds for the plurality of betting options, the odds comprising at least: i) first odds for a first betting option, and ii) second odds for a second betting option; determine that a combination of at least the first odds and the second odds produces third odds that at least approximate the desired odds; and based at least in part on determining that the third odds at least approximate the desired odds, establish for the bettor at least: a first bet on the first betting option, and a second bet on the second betting option; allocate a first portion of the bet amount to the first bet; and allocate a second portion of the bet amount to the second bet.