Patent ID: 8506393

Claim:
A method comprising: determining, by a computer system, an allocation of points among a plurality of participants; receiving, by the computer system, an indication of a first wager, wherein the first wager is based on an outcome of an event, wherein the first wager includes: first amount of points wagered, and at least two participants of the plurality of participants; receiving, by the computer system, an indication of a second wager, wherein the second wager includes a wager based on a future allocation of the first amount of points among the at least two participants, wherein the second wager includes: a second amount of points wagered, and at least two other participants of the plurality of participants, wherein the at least two other participants are not the at least two participants; based, at least in part, on the outcome of the first wager, allocating, by a processor of the computer system, at least a portion of the first amount of points wagered among the at least two participants; based on the allocation of the first amount of points among the at least two participants, allocating, by the processor, at least a portion of the second amount of points wagered among the at least two other participants; and based on the allocation of the second amount of points, adjusting, by the processor, the first amount of points allocated to the at least two participants.