Patents Assigned to Cantor Index LLC
  • Patent number: 11875650
    Abstract: A method of managing a blackjack game is provided. A blackjack game bet comprising a bet against a house entity on a blackjack hand is received from a player. A pair of cards is determined for a hand for the house entity, and another pair of cards is determined for a hand for the player. The odds of the occurrence of one or more subsequent events are determined based at least in part on one or more of the pair of cards selected for the house entity's hand and one or more of the pair of cards selected for the player's hand. The odds for an additional bet are determined based at least on the determined odds for the one or more subsequent events, and the additional bet is offered to the player at the determined odds for the additional bet.
    Type: Grant
    Filed: May 2, 2022
    Date of Patent: January 16, 2024
    Assignee: CANTOR INDEX, LLC
    Inventors: Joseph M. Asher, Lewis C. Findlay, Guy Iain Oliver Riches
  • Patent number: 11798344
    Abstract: A system for wagering comprises a memory and a processor. The memory stores a bet regarding a plurality of outcomes associated with financial market indicators. The bet comprises a first bet component indicating whether a value of a first financial market indicator will go up or go down in a first predetermined period of time, and a second bet component indicating whether a value of a second financial market indicator will go up or go down in a second predetermined period of time. The processor is coupled to the memory and is operable to determine an outcome of the first bet component, the second bet component, and the overall bet.
    Type: Grant
    Filed: June 2, 2021
    Date of Patent: October 24, 2023
    Assignee: CANTOR INDEX, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher
  • Patent number: 11798375
    Abstract: A method of managing bets includes receiving first types of bets and second types of bets. Each first type of bet comprises a bet that the number of units earned by a participant in a plurality of events will fall within a first range of numbers. Each second type of bet comprises a bet that the number of units earned by the participant over a course of a plurality of events will fall within a second range of numbers. The total number of units earned by the participant is determined based on the positioning of the participant in each event. The method includes determining whether the first or second type of bets are winning bets. A betting pool is determined based on the total amounts associated with the first and second types of bets. A payout is determined based on the betting pool and the total amounts of the winning bets.
    Type: Grant
    Filed: June 21, 2021
    Date of Patent: October 24, 2023
    Assignee: CANTOR INDEX, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 11756374
    Abstract: A method of managing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective participant for each of the first number of events selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout based at least in part on the betting pool.
    Type: Grant
    Filed: June 3, 2021
    Date of Patent: September 12, 2023
    Assignee: CANTOR INDEX LLC
    Inventors: Joseph M. Asher, Kenneth L. Miller
  • Patent number: 11721170
    Abstract: A system for managing bets comprises a memory and a processor. The memory stores one or more first type of bets and one or more second types of bets. Each first type of bet is associated with a bet amount and comprises a bet that a participant selected from a set of participants in an event will finish in a predetermined subset of finishing positions associated with the event. Each second type of bet is associated with a bet amount and comprises a bet that the selected participant will not finish in the predetermined subset of finishing positions associated with the event. The processor adds the bet amounts associated with the first type of bets with the bet amounts associated with the second type of bets to form a betting pool. The processor determines an amount of a payout based at least in part on the betting pool.
    Type: Grant
    Filed: May 24, 2021
    Date of Patent: August 8, 2023
    Assignee: CANTOR INDEX LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 11699325
    Abstract: Systems and methods for real-time interactive wagering on event outcomes are presented. Clients are first qualified and given wagering limits before being allowed to interactively wager on event outcomes. Event outcomes may be based on, for example, financial markets and indices, sporting and entertainment events, casino games, casino performances, and natural phenomena such as weather and earthquakes. Events on which wagers can be placed include both those with known and unknown outcome probabilities, and wagers can be a fixed-odds type or a spread-bet type. Wager transactions, including acceptances and confirmations, are executed in real time. Clients can customize displays of events on which they are authorized to wager. Real-time client credit management, automatic dealer hedging, automatic price-spread adjustments, and automatic client and dealer defined wagering limits are also provided.
    Type: Grant
    Filed: February 28, 2022
    Date of Patent: July 11, 2023
    Assignee: CANTOR INDEX, LLC
    Inventors: Joseph M. Asher, Howard W. Lutnick
  • Patent number: 11508215
    Abstract: A system for managing bets comprises a memory and a processor. The memory stores information associated with a field of participants for an event, each participant associated with particular odds for the event. The processor receives a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions in the event, wherein the bet is associated with customized odds. The processor further select one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet.
    Type: Grant
    Filed: January 11, 2021
    Date of Patent: November 22, 2022
    Assignee: CANTOR INDEX LLC
    Inventors: Joseph M. Asher, John W. Bristow, Howard W. Lutnick
  • Patent number: 11508214
    Abstract: An gaming machine for and method of par-mutuel wagering that allows individuals to continuously place multiple casino and lottery styled pari-mutuel wagers on simulcast live and/or recorded pari-mutuel race events. The gaming machine includes a display screen to provide a graphic display of a plurality of pari-mutuel gaming options to a player, and a selection device operable by the player to select at least one of the pari-mutuel gaming options displayed on the screen, the selection device operable by the player to input a wager corresponding to the selected at least one pari-mutuel gaming option. The gaming machine has the ability to be linked to a network of gaming machines in pari-mutuel and/or other wagering venues.
    Type: Grant
    Filed: January 2, 2020
    Date of Patent: November 22, 2022
    Assignee: CANTOR INDEX LLC
    Inventors: Kenneth A. Scott, Lawrence A. Krause
  • Patent number: 11380167
    Abstract: A method for providing a wager in a financial market environment is provided that includes presenting an opportunity to make a wager that is based on a moving market line associated with a financial market. An end user is given an opportunity to bet on whether a financial market value will be above or below the moving market line at a designated time. The wager may be accepted from the end user. The wager may be monitored in order to determine whether the financial market value was above or below the moving market line at the designated time.
    Type: Grant
    Filed: August 11, 2014
    Date of Patent: July 5, 2022
    Assignee: CANTOR INDEX, LLC
    Inventors: Christopher John Davie, Guy Iain Oliver Riches
  • Patent number: 11341821
    Abstract: Methods for providing gaming advice are provided. For example, regarding a blackjack game, one or more first player cards are identified for a first player and one or more second player cards are identified for a second player. The first and second player cards are displayed to the first player. A probability associated with a first one of the plurality of playing options is determined based at least on a set of predetermined statistical blackjack data, the one or more first player cards, and the one or more second player cards. It is then determined, based at least on the determined probability associated with the first playing option, whether to display a first indication corresponding with first advice regarding the first playing option, a second indication corresponding with second advice regarding the first playing option, or a third indication corresponding with third advice regarding the first playing option.
    Type: Grant
    Filed: September 14, 2020
    Date of Patent: May 24, 2022
    Assignee: CANTOR INDEX LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, James C. Johnson
  • Patent number: 11322001
    Abstract: A method of managing a blackjack game is provided. A blackjack game bet comprising a bet against a house entity on a blackjack hand is received from a player. A pair of cards is determined for a hand for the house entity, and another pair of cards is determined for a hand for the player. The odds of the occurrence of one or more subsequent events are determined based at least in part on one or more of the pair of cards selected for the house entity's hand and one or more of the pair of cards selected for the player's hand. The odds for an additional bet are determined based at least on the determined odds for the one or more subsequent events, and the additional bet is offered to the player at the determined odds for the additional bet.
    Type: Grant
    Filed: June 4, 2020
    Date of Patent: May 3, 2022
    Assignee: CANTOR INDEX LLC
    Inventors: Joseph M. Asher, Lewis C. Findlay, Guy Iain Oliver Riches
  • Patent number: 11263867
    Abstract: Systems and methods for real-time interactive wagering on event outcomes are presented. Clients are first qualified and given wagering limits before being allowed to interactively wager on event outcomes. Event outcomes may be based on, for example, financial markets and indices, sporting and entertainment events, casino games, casino performances, and natural phenomena such as weather and earthquakes. Events on which wagers can be placed include both those with known and unknown outcome probabilities, and wagers can be a fixed-odds type or a spread-bet type. Wager transactions, including acceptances and confirmations, are executed in real time. Clients can customize displays of events on which they are authorized to wager. Real-time client credit management, automatic dealer hedging, automatic price-spread adjustments, and automatic client and dealer defined wagering limits are also provided.
    Type: Grant
    Filed: January 14, 2020
    Date of Patent: March 1, 2022
    Assignee: CANTOR INDEX, LLC
    Inventors: Joseph M. Asher, Howard W. Lutnick
  • Publication number: 20210319667
    Abstract: A method of managing bets includes receiving first types of bets and second types of bets. Each first type of bet comprises a bet that the number of units earned by a participant in a plurality of events will fall within a first range of numbers. Each second type of bet comprises a bet that the number of units earned by the participant over a course of a plurality of events will fall within a second range of numbers. The total number of units earned by the participant is determined based on the positioning of the participant in each event. The method includes determining whether the first or second type of bets are winning bets. A betting pool is determined based on the total amounts associated with the first and second types of bets. A payout is determined based on the betting pool and the total amounts of the winning bets.
    Type: Application
    Filed: June 21, 2021
    Publication date: October 14, 2021
    Applicant: CANTOR INDEX, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 11068975
    Abstract: Various systems, methods, and computer-readable media are provided for validating a bet request based on another bet request. Betting product information about a betting product may be communicated to at least one user. A first request for a first wager associated with the betting product may be received from a first user. A second request for a second wager is received from a second user. The first betting request may be validated. At least one processor may determine that a numerical term associated with the second bet request is within a non-zero range from a corresponding numerical term associated with the validated first bet request. The second bet request may be validated based on this determination. A bet associated with the first bet request and a bet associated with the second bet request may be settled.
    Type: Grant
    Filed: November 9, 2018
    Date of Patent: July 20, 2021
    Assignee: CANTOR INDEX, LLC
    Inventors: Lee Amaitis, David Anthony Puckeridge, Christopher John Davie, Guy Lain Oliver Riches, Peter Kenneth Lawrey
  • Patent number: 11043078
    Abstract: A method of managing bets includes receiving first types of bets and second types of bets. Each first type of bet comprises a bet that the number of units earned by a participant in a plurality of events will fall within a first range of numbers. Each second type of bet comprises a bet that the number of units earned by the participant over a course of a plurality of events will fall within a second range of numbers. The total number of units earned by the participant is determined based on the positioning of the participant in each event. The method includes determining whether the first or second type of bets are winning bets. A betting pool is determined based on the total amounts associated with the first and second types of bets. A payout is determined based on the betting pool and the total amounts of the winning bets.
    Type: Grant
    Filed: April 23, 2019
    Date of Patent: June 22, 2021
    Assignee: Cantor Index, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 11030850
    Abstract: A method of managing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective participant for each of the first number of events selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout based at least in part on the betting pool.
    Type: Grant
    Filed: April 6, 2020
    Date of Patent: June 8, 2021
    Assignee: CANTOR INDEX, LLC
    Inventors: Joseph M. Asher, Kenneth L. Miller
  • Patent number: 11030845
    Abstract: A system for wagering comprises a memory and a processor. The memory stores a bet regarding a plurality of outcomes associated with financial market indicators. The bet comprises a first bet component indicating whether a value of a first financial market indicator will go up or go down in a first predetermined period of time, and a second bet component indicating whether a value of a second financial market indicator will go up or go down in a second predetermined period of time. The processor is coupled to the memory and is operable to determine an outcome of the first bet component, the second bet component, and the overall bet.
    Type: Grant
    Filed: October 9, 2019
    Date of Patent: June 8, 2021
    Assignee: CANTOR INDEX LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher
  • Patent number: 11017633
    Abstract: A system for managing bets comprises a memory and a processor. The memory stores one or more first type of bets and one or more second types of bets. Each first type of bet is associated with a bet amount and comprises a bet that a participant selected from a set of participants in an event will finish in a predetermined subset of finishing positions associated with the event. Each second type of bet is associated with a bet amount and comprises a bet that the selected participant will not finish in the predetermined subset of finishing positions associated with the event. The processor adds the bet amounts associated with the first type of bets with the bet amounts associated with the second type of bets to form a betting pool. The processor determines an amount of a payout based at least in part on the betting pool.
    Type: Grant
    Filed: December 20, 2019
    Date of Patent: May 25, 2021
    Assignee: CANTOR INDEX LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 10891829
    Abstract: A system for managing bets comprises a memory and a processor. The memory stores information associated with a field of participants for an event, each participant associated with particular odds for the event. The processor receives a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions in the event, wherein the bet is associated with customized odds. The processor further select one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet.
    Type: Grant
    Filed: April 8, 2019
    Date of Patent: January 12, 2021
    Assignee: CANTOR INDEX, LLC
    Inventors: Joseph M. Asher, John W. Bristow, Howard W. Lutnick
  • Patent number: 10777046
    Abstract: Methods for providing gaming advice are provided. For example, regarding a blackjack game, one or more first player cards are identified for a first player and one or more second player cards are identified for a second player. The first and second player cards are displayed to the first player. A probability associated with a first one of the plurality of playing options is determined based at least on a set of predetermined statistical blackjack data, the one or more first player cards, and the one or more second player cards. It is then determined, based at least on the determined probability associated with the first playing option, whether to display a first indication corresponding with first advice regarding the first playing option, a second indication corresponding with second advice regarding the first playing option, or a third indication corresponding with third advice regarding the first playing option.
    Type: Grant
    Filed: October 2, 2018
    Date of Patent: September 15, 2020
    Assignee: CANTOR INDEX, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, James C. Johnson