Patent ID: 10650641

Abstract:
A system and method for hedging the risk of a wager is disclosed. The system comprises a FCS with which multiple SCWSs are in communication, said FCS having access to a stored set of working parameters provided by each of said SCWSs, said parameters being indicative of the extent to which that computer wagering system is capable, currently or at a specific point in time, of financially covering wagers or portions thereof, characterised in that, on receiving an initial wager request at one of said secondary computer systems, said wager request is communicated to the first computer wagering system which calculates, using at least the sets of working parameters for at least two of the other SCWSs, whether and to what extent the initial wager could be apportioned between each of said at least two other computer wagering systems and communicates the result of such calculation to said first computer wagering system which can then either accept or decline the initial wager request.