Abstract: An auction is effected with two levels of participation. A winning ticket is established and the auction object is awarded to the winning ticket. In addition, certain tickets are selected as payback tickets which receive back either the amount paid for the ticket or at least the mean entry fee, which is the average paid for all tickets. The winning ticket is awarded randomly, but the individual tickets in the “drawing” are weighted according to the entry fee paid for the given ticket. The payback tickets are determined according to another criterion, for example the time of purchase or a match between the actual fee paid for the ticket and the mean entry fee.
Type:
Application
Filed:
July 29, 2009
Publication date:
February 3, 2011
Applicant:
ALM EINSTEIN LLC
Inventors:
Andrew Charoff, Mikhail Rozenshteyn, Joachim Hertel, Lyubov Zeldis