Patent ID: 8342942
Filing Date: 2013-01-01
Classification: G06Q,G07F

Abstract:
1. A method comprising: starting a first betting session; communicating, by the at least one processor, betting product information to at least one user; receiving, by the at least one processor, a plurality of bet requests for wagering on at least one betting product from the at least one user, each of the plurality of bet requests comprising at least one betting term from the betting product information; validating one of the plurality of the bet requests; determining, by the at least one processor, that a numerical term associated with another of the plurality of the bet requests is within a non-zero range from a corresponding numerical term associated with the validated one of the plurality of the bet requests; validating automatically, by the at least one processor, the another of the plurality of the bet requests based on the act of determining that the numerical term associated with the another of the plurality of the bet requests is within the non-zero range from the corresponding numerical term associated with the validated one of the plurality of the bet requests; based at least in part on the act of validating the one of the plurality of the bet requests and the act of validating the another of the plurality of the bet requests, creating, by the at least one processor, a betting instrument for each validated bet request; and settling bets associated with the betting instruments.