The Sporting Exchange Ltd. Patent applications |
Patent application number | Title | Published |
20100115059 | TRANSACTION PROCESSING SYSTEM - A method of transaction processing in a system comprising a plurality of distributed nodes, the method comprising the steps of receiving a message at a first node, the message defining an operation to be performed on data associated with an entity, queuing the message for processing by a message handler running on the node, permitting the message handler to process the message, in the event that no other message handler is operating on the data and forwarding the message to a second node for subsequent processing. | 05-06-2010 |
20100099489 | BETTING EXCHANGE SYSTEM - A betting exchange system receiving bet requests from a plurality of users over a communications network, each of the requests comprising a bet backing an outcome or laying an outcome. The betting exchange system matches respective bets which back and lay a given outcome, and automatically arbitrages unmatched bet requests to thereby generate one or more implied bets made by the system in respect to an outcome for which no bet requests have been received. The implied bets are generated so that the system does not lose money on the implied bets taken together. | 04-22-2010 |
20100093430 | LIABILITY MANAGEMENT SYSTEM - A method of determining liability for a plurality of multiples bets placed via a computerised betting system, each multiples bet comprising a single transaction on a plurality of outcomes selected from a group of possible transactions, the method comprising selecting a most popular transaction from the group, evaluating all other transactions within the group on the basis that the most popular transaction is a winning transaction to produce a first result, evaluating all other transactions within the group on the basis that the most popular transaction is not a winning transaction to produce a second result and selecting one of the first and second results that indicates the worst case liability. | 04-15-2010 |