Graphical user interface for cash-settled bet divestment in odds-based markets
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| Title: | Graphical user interface for cash-settled bet divestment in odds-based markets |
|---|---|
| Patent Number: | 12254,513 |
| Publication Date: | March 18, 2025 |
| Appl. No: | 16/927896 |
| Application Filed: | July 13, 2020 |
| Abstract: | Systems, methods, and devices, are disclosed in which a graphical user interface is presented. The graphical user interface includes a first interface that displays a plurality of odds selection buttons for making a selection of one or a plurality of time-varying odds offered for trade on one or more outcomes in a betting marketplace and a buy button for communicating the odds selection over a network interface for matching as a bet. The graphical user interface further includes a second interface that displays at least one bet selection button for making a selection of one or more previously matched bets and a sell button for communicating the bet selection over the network interface for divestment of the selected bet. The second interface can be reached directly from the first interface via a single action of a user input device. |
| Inventors: | Marketmaker Software Limited (Dublin, IE) |
| Assignees: | Marketmaker Software Limited (Dublin, IE) |
| Claim: | 1. A method for presenting a graphical user interface of a computing device in communication with a server system over a network interface, the method comprising: displaying, on a graphical display of the computing device, a plurality of position selection buttons, each of the plurality of position selection buttons displaying a visual indicator of a corresponding one of a plurality of time-varying odds offered on possible outcomes of a given event in an online betting marketplace, wherein: the plurality of position selection buttons are displayed in a grid, the computing device receives the time-varying odds from the server system over the network interface, and the visual indicators are dynamically updated according to the varying of the odds over time; obtaining, via a single user input to the graphical user interface, a user selection of one of the plurality of position selection buttons; displaying, on the graphical display of the computing device, a user-selectable buy button; obtaining, via a single user input to the graphical user interface, a user selection of the buy button; and communicating information regarding the user selection of the buy button to the server system over the network interface for matching as a bet. |
| Claim: | 2. The method of claim 1 , further comprising: obtaining the one or more odds from exogenous market data. |
| Claim: | 3. The method of claim 1 , wherein the computing device is a mobile telephone handset. |
| Claim: | 4. The method of claim 1 , wherein the computing device is a network terminal. |
| Claim: | 5. The method of claim 1 , wherein each single user input is one of: (i) a mouse input, and (ii) a keyboard stroke. |
| Claim: | 6. The method of claim 1 , further comprising: obtaining, via the graphical user interface, a user input of an investment amount; and in response to the user selection of the buy button, communicating information regarding the investment amount to the server system over the network interface. |
| Claim: | 7. The method of claim 6 , wherein: the user input of the investment amount comprises a keyboard input. |
| Claim: | 8. The method of claim 1 , wherein communicating information regarding the user selection of the buy button to the server system over the network interface for matching as a bet comprises communicating an identification of the user. |
| Claim: | 9. A method for presenting graphical user interfaces of a computing device in communication with a server system over a network interface, the method comprising: displaying, on a graphical display of the computing device, a plurality of position selection buttons, each of the plurality of position selection buttons displaying a visual indicator of a corresponding one of a plurality of time-varying offered on possible outcomes of a given event in an online betting marketplace, wherein; the plurality of position selection buttons are displayed in a grid, the computing device receives the time-varying odds from the server system over the network interface, and the visual indicators are dynamically updated according to the varying of the odds over time; obtaining, via a single user input to the graphical user interface, a user selection of one of the plurality of position selection buttons; displaying, on the graphical display of the computing device, a user-selectable buy button; obtaining, via a single user input to the graphical user interface, a user selection of the buy button; communicating information regarding the user selection of the buy button to the server system over the network interface for matching as a bet; displaying, on the graphical display of the computing device, information regarding one or more previously matched bets; displaying, on the graphical display of the computing device, at least one user-selectable bet selection button, each user-selectable bet selection button corresponding to one of the one or more previously matched bets; obtaining, via a single user input to the graphical user interface, a user selection of one or more of the bet selection buttons corresponding to one or more of the previously matched bets; displaying, on the graphical display of the computing device, a user-selectable sell button; obtaining, via a single user input to the graphical user interface, a user selection of the sell button; and communicating information regarding the user selection of the sell button to the server system over the network interface for making an exchange of the bet selection for a settlement determined before the one or more possible outcomes. |
| Claim: | 10. The method of claim 9 , further comprising: obtaining the one or more odds from exogenous market data. |
| Claim: | 11. The method of claim 9 , wherein the computing device is a mobile telephone handset. |
| Claim: | 12. The method of claim 9 , wherein the computing device is a network terminal. |
| Claim: | 13. The method of claim 9 , wherein each single user input is one of: (i) a mouse input, and (ii) a keyboard stroke. |
| Claim: | 14. The method of claim 9 , further comprising: obtaining, via the graphical user interface, a user input of an investment amount; and in response to the user selection of the buy button, communicating information regarding the investment amount to the server system over the network interface. |
| Claim: | 15. The method of claim 14 , wherein: the user input of the investment amount comprises a keyboard input. |
| Claim: | 16. The method of claim 9 , wherein: displaying, on a graphical display of the computing device, the plurality of position selection buttons, comprises displaying the plurality of position selection buttons on a first screen of the graphical user interface; and displaying, on the graphical display of the computing device, the information regarding one or more previously matched bets on a second screen of the graphical user interface; wherein, the first screen comprises a shortcut button for navigating to the second screen, via a single user input to the graphical user interface. |
| Claim: | 17. The method of claim 16 , wherein each single user input is one of: (i) a mouse input, and (ii) a keyboard stroke. |
| Claim: | 18. The method of claim 9 , wherein communicating information regarding the user selection of the buy button to the server system over the network interface for matching as a bet comprises communicating an identification of the user to the server system over the network interface. |
| Claim: | 19. The method of claim 9 , wherein communicating information regarding the user selection of the sell button to the server system over the network interface for making an exchange of the bet selection for a settlement determined before the one or more possible outcomes comprises communicating an identification of the user to the server system over the network interface. |
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| Other References: | Mark Longo; The Outcome of Events; HedgeStreet and Philly Take a Lead in Strange New World; May 1, 2005; Securities Data Publishing; 10/3, K/21 (Item 2 from file: 267). cited by applicant PR Newswire; First Information Provider of Sports and Political Futures; Aug. 18, 2003; (c) 2013 PR Newswire Association Inc.' 12/3; K/44 (Item 7 from file: 613). cited by applicant PR Newswire; Outline Gambling Raid Rattles Industry as AllSportsMarket.com Prepares for U.S. Regulation Busted International Online Gambling Ring Future Exposes Why U.S. Government May Seek Alternative to Prohibition; PR Newswire Association Inc.; Nov. 17, 2006; 12/3, K/38 (Item 1 from file: 613). cited by applicant |
| Primary Examiner: | Rankins, William E |
| Attorney, Agent or Firm: | Finnegan, Henderson, Farabow, Garrett & Dunner LLP |
| Accession Number: | edspgr.12254513 |
| Database: | USPTO Patent Grants |
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