Patent ID: 8001039
Filing Date: 2011-08-16
Classification: G06Q,G07F

Abstract:
1. A method comprising: receiving by at least one server identification information submitted by a first user, in which the identification information is received from the first user via a computer system associated with the first user, the computer system being coupled to the at least one server over a communications network; transmitting by the at least one server to at least one credit verification entity a request for credit information, in which the request includes at least a portion of the identification information; receiving by the at least one server from the at least one credit verification entity the requested credit information, in which the requested credit information includes a credit score and an identity score, based at least in part on the credit score and the identity score, approving by the at least one server an opening of an account for the first user, based at least in part on approving the opening of the account for the first user, establishing by the at least one server the account, in which establishing the account includes: receiving by the at least one server a first order from the first user and a second order from a second user, determining by the at least one server a risk value for the first order, in which the risk value comprises an amount that the first user could lose on the bet associated with the first order; determining by the at least one server that the risk value does not exceed at least one of (i) at least one of the plurality of balances and (ii) at least one value determined from the at least one balance; approving by the at least one server the first order based at least in part on determining that the risk value does not exceed the at least one (i) the at least one balance and (ii) the at least one value determined from the at least one balance; based at least in part on approving the first order, making by the at least one server the first order available for matching with other orders; and matching by the at least one server the first order with the second order.