Patent ID: 8105166
Filing Date: 2012-01-31
Classification: G07F

Abstract:
1. A fantasy vault system, comprising: a) nontransitory computer-readable storage containing data regarding a plurality of virtual vaults that are managed through logic implemented in software instructions, which are accessed from the storage, or electronic digital hardware; b) league accounts for a plurality of fantasy leagues, data about particular league accounts being saved in the storage, including an account identifier, a league commissioner identifier, a vault identifier, and a pool total amount equal to the total of a pool of entry fees of the fantasy league; c) a fantasy competitor interface, adapted to receive information about teams and fantasy competitors in the fantasy league from remote fantasy competitor network capable devices (NCDs), the information for a particular fantasy competitor including an arrangement for payment of entry fees by the fantasy competitor into the league account; d) logic whereby entries received before an entry fee deadline into a league account from league fantasy competitors are saved in the storage, each particular entry including the identity of the league fantasy competitor, the league account identifier, and a payment amount, the payment amount being added to the pool total; e) an awards payout scheme, saved in the storage and implemented in logic, whereby awards are computed, to be paid from the league account to one or more league fantasy competitors determined to be successful fantasy competitors based upon a competitive ranking of the league fantasy competitors on or before a league payout date; and f) a league commissioner interface, adapted to receive, and to save in the storage, information about a particular league from remote commissioner NCDs, including