Patent ID: 8814660
Filing Date: 2014-08-26
Classification: A63F,G07F

Abstract:
1. A method for managing a simulation sports game relating to statistics of a sporting event using a fantasy betting application, wherein the fantasy betting application comprises rules managed by a rules engine and stored in a database included in a computerized device with a processor and memory, the method comprising: creating a bet to define a created bet by posting the created bet to define a posted bet by creating the counteroffer to define a created counteroffer by posting the created counteroffer to define a posted counteroffer by initiating the simulation sports game to define a confirmed bet by wherein the rules comprise allowance criteria for at least one of a bet value, a bet type, and scoring procedure; wherein the bet value defines criteria for valuation of winning the simulation sports game; wherein the bet type defines criteria for determining a winner of the simulation sports game; wherein the scoring procedure defines a measurement of the statistics of the sporting event using the criteria for determining the winner of the simulation sports game wherein the steps of creating the bet, posting the created bet, creating the counteroffer and posting the created counteroffer are carried out using the computerized device.