Liability management system
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United States of America Patent
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Oct 29, 2013
Grant Date -
Apr 15, 2010
app pub date -
Jan 18, 2008
filing date -
Jan 19, 2007
priority date (Note) -
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status (Latency Note)
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Abstract
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.
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