Patent ID: 7835961

Claim:
A method for wagering in a financial market environment, comprising: presenting by at least one processor an opportunity to make a wager that is based on a moving market line associated with a financial market, wherein an end user is given an opportunity to bet on whether a financial market value associated with the financial market at a designated time will be above or below a value of the moving market line at a time of the bet, the financial market value comprising a value that changes from a time of the presenting to the designated time, in which the act of presenting comprises: causing an interface screen to be displayed at a user computer in electronic communication with the processor, the interface screen comprising an indicia indicating a current value of the financial market value and at least one element selectable for a user to make a wager that is based on the moving market line; accepting by the processor a wager from the end user, the wager comprising a bet on whether the financial market value at the designated time will be above or below the moving market line at a time of the wager; and monitoring by the processor the wager, in which the act of monitoring the wager comprises: receiving the financial market value at a time that is after the time of the wager and before the designated time; and causing the indicia on the interface screen to be updated to reflect an updated value of the financial market value at a time that is after the time of the wager and before the designated time; determining by the processor the financial market value at the designated time; determining by the processor whether the determined financial market value at the designated time was above or below the moving market line at the time of the wager; and transmitting by the processor a signal representing an outcome of the wager to the user computer based at least in part on the act of determining whether the determined financial market value at the designated time was above or below the moving market line at the time of the wager.