Platform for wagering on sporting events
A platform for wagering on sporting events that includes two novel features that may be implemented separately or in combination. First, by selecting the outcome of a number of sporting events, the participant is in effect wagering on the outcome of each selected sporting event individually and each combination of the selected sporting events. Secondly, point spreads may be listed as whole integers (or even a range), creating the possibility that the outcome of the sporting event will match the point spread exactly. Participants are therefore given the option to select that the outcome of the sporting event will match the point spread exactly (sometimes referred to as a “push”), increasing the odds of a correct prediction and increasing the potential payout.
1. A method of providing a platform for wagering on sporting events, the method comprising:
receiving a schedule of sporting events;
providing functionality for an operator to set a point spread range for each of the sporting events, each point spread range including more than one integer;
providing functionality for users to make n user selections predicting the outcome of n sporting events, including functionality for users to predict that a team favored to win one of the sporting events will win by an amount greater than the point spread range, functionality to predict that the team favored to win will either lose the sporting event or win by an amount less than the point spread range, and functionality to predict that the team favored to win will win by an amount within the point spread range; and
generating
∑
k
=
1
n
(
n
k
)
separate wagers from the n user selections, wherein the separate wagers include each unique combination of the n user selections.
2. The method of claim 1 , wherein the functionality for users to make n user selections predicting the outcome of n sporting events comprises functionality for users to make more than one user selection predicting the outcome of more than one sporting event.
3. The method of claim 1 , wherein generating
∑
k
=
1
n
(
n
k
)
separate wagers from the n user selections comprises generating 15 separate wagers from 4 user selections.
4. A system for wagering on sporting events, the system comprising:
non-transitory computer readable media that stores receiving a schedule of sporting events;
an operator user interface that provides functionality for an operator to set a point spread range for each of the sporting events, each point spread range including more than one integer;
a client user interface that provides functionality for users to make n user selections predicting the outcome of n sporting events, including functionality for users to predict that a team favored to win one of the sporting events will win by an amount greater than the point spread range, functionality to predict that the team favored to win will either lose the sporting event or win by an amount less than the point spread range, and functionality to predict that the team favored to win will win by an amount within the point spread range; and
a server that generates
∑
k
=
1
n
(
n
k
)
separate wagers from the n user selections, wherein the separate wagers include each unique combination of the n user selections.
5. The system of claim 4 , wherein the functionality for users to make n user selections predicting the outcome of n sporting events comprises functionality for users to make more than one user selection predicting the outcome of more than one sporting event.
6. The system of claim 4 , wherein generating Σ k=1 ( k k ) separate wagers from the n user selections comprises generating 15 separate wagers from 4 user selections.
7. Non-transitory computer readable storage media (CRSM) storing instructions that, when executed by a hardware computer processor, cause a system to:
receive a schedule of sporting events;
provide functionality for an operator to set a point spread range for each of the sporting events, each point spread range including more than one integer;
provide functionality for users to make n user selections predicting the outcome of n sporting events, including functionality for users to predict that a team favored to win one of the sporting events will win by an amount greater than the point spread range, functionality to predict that the team favored to win will either lose the sporting event or win by an amount less than the point spread range, and functionality to predict that the team favored to win will win by an amount within the point spread range; and
generate Σ k=1 h ( k n ) separate wagers from the n user selections, wherein the separate wagers include each unique combination of the n user selections.
8. The CRSM of claim 7 , wherein the functionality for users to make n user selections predicting the outcome of n sporting events comprises functionality for users to make more than one user selection predicting the outcome of more than one sporting event.
9. The CRSM of claim 7 , wherein generating Σ k=1 n ( k n ) separate wagers from the n user selections comprises generating 15 separate wagers from 4 user selections.