Patents Assigned to Cantor Index LLC
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Publication number: 20140370951Abstract: 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: ApplicationFiled: May 16, 2014Publication date: December 18, 2014Applicant: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, James C. Johnson
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Publication number: 20140235305Abstract: A system for wagering on a jackpot race event, comprises a memory and a processor. The memory stores a qualifying bet associated with a customer and comprising a first bet component and a second bet component. The first bet component is associated with a first qualifying race event and comprises a first bet amount. The second bet component is associated with a second qualifying race event and comprises a second bet amount. The processor identifies the outcome of the first and second bet components. If both the first bet component and the second bet components are winning bets, the processor allocates to the customer a particular number of jackpot bets for a jackpot race event. The particular number of jackpot bets is based at least in part upon the first bet amount and the second bet amount. The first bet amount is allocated to a common pari-mutuel pool for the first qualifying race event.Type: ApplicationFiled: April 28, 2014Publication date: August 21, 2014Applicant: Cantor Index, LLCInventors: Joseph M. Asher, Kenneth L. Miller, Peter Christopher Rotondo
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Patent number: 8805732Abstract: 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: GrantFiled: May 3, 2011Date of Patent: August 12, 2014Assignee: Cantor Index, LLCInventors: Christopher John Davie, Guy Iain Oliver Riches
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Patent number: 8799121Abstract: A method of determining whether to approve trading order requests is provided. A request to place a first trading order is received from a user using a trading account associated with the user. A risk value is determined for the first trading order. A plurality of balances associated with the trading account are determined. The balances may include an available cash balance, an available credit balance, and an available waived margin balance for the trading account. A determination of whether to approve the first trading order is made based at least in part on the risk value for the first trading order and the available cash balance, the available credit balance, and the available waived margin balance determined for the trading account. If the first trading order is approved, the first trading order is placed.Type: GrantFiled: April 23, 2004Date of Patent: August 5, 2014Assignee: Cantor Index, LLCInventors: Dominic Crosthwaite, Lewis C. Findlay
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Publication number: 20140206434Abstract: 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: ApplicationFiled: November 18, 2013Publication date: July 24, 2014Applicant: Cantor Index, LLCInventors: Lee Amaitis, David Anthony Puckeridge, Christopher John Davie, Guy Lain Oliver Riches, Peter Kenneth Lawrey
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Publication number: 20140188696Abstract: A method of providing an account is provided. The method includes receiving identification information associated with a user during a communication session and communicating a request for credit information, the request including at least a portion of the identification information. The requested credit information is received and an account is approved and opened based at least on the received credit information. During the communication session, a request made using the opened account to place a first order to trade a first product is received. A risk value for the first order is determined. One or more current balances for the account are also determined. The method further includes determining whether to approve the first order based at least on the risk value determined for the first order and one or more of the current balances for the account, and if the first order is approved, placing the first order.Type: ApplicationFiled: July 29, 2013Publication date: July 3, 2014Applicant: Cantor Index, LLCInventors: Dominic Crosthwaite, Lewis C. Findlay
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Patent number: 8764558Abstract: 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: GrantFiled: September 14, 2012Date of Patent: July 1, 2014Assignee: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
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Publication number: 20140164213Abstract: A method of managing trading orders is provided. The method includes receiving a request to place a first order to trade a first product, the request being made using an account having one or more current balances. The method further includes determining a risk value for the first order based at least in part on the first product. The method further includes determining whether to approve the first order based at least in part on the risk value determined for the first order and one or more of the current balances for the account, and if the first order is approved, placing the first order.Type: ApplicationFiled: February 13, 2014Publication date: June 12, 2014Applicant: Cantor Index, LLCInventors: Adam Burgis, Lewis C. Findlay
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Publication number: 20140162744Abstract: 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: ApplicationFiled: February 13, 2014Publication date: June 12, 2014Applicant: Cantor Index, LLCInventors: Joseph M. Asher, John W. Bristow, Howard W. Lutnick
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Publication number: 20140141850Abstract: A method for managing horseracing bets. The method includes receiving one or more bets. Each bet comprises a selection of five horse races selected from a plurality of horse races scheduled to be run at a track in a day, a selection of a respective horse for each of the five horse races 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 for the day based at least in part on the betting pool.Type: ApplicationFiled: January 27, 2014Publication date: May 22, 2014Applicant: Cantor Index, LLCInventor: Kenneth L. Miller
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Patent number: 8727352Abstract: 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: GrantFiled: May 25, 2012Date of Patent: May 20, 2014Assignee: Cantor Index LLCInventors: Lee M. Amaitis, Joseph M. Asher, James C. Johnson
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Patent number: 8708789Abstract: A system for wagering on a jackpot race event, comprises a memory and a processor. The memory stores a qualifying bet associated with a customer and comprising a first bet component and a second bet component. The first bet component is associated with a first qualifying race event and comprises a first bet amount. The second bet component is associated with a second qualifying race event and comprises a second bet amount. The processor identifies the outcome of the first and second bet components. If both the first bet component and the second bet components are winning bets, the processor allocates to the customer a particular number of jackpot bets for a jackpot race event. The particular number of jackpot bets is based at least in part upon the first bet amount and the second bet amount. The first bet amount is allocated to a common pari-mutuel pool for the first qualifying race event.Type: GrantFiled: May 10, 2010Date of Patent: April 29, 2014Assignee: Cantor Index, LLCInventors: Joseph M. Asher, Kenneth L. Miller, Peter Christopher Rotondo
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Patent number: 8684827Abstract: Entries in one or more sports competitions are determined and distributed to a plurality of users. The entries may be traded among the users. The one or more sports competitions have one or more stages. In some implementations relating to a first sports competition, the entries include entries in which each of the entries corresponds to a respective team of a set of teams participating in the first sports competition. In some implementations relating to a second sports competition, the entries include entries in which each of the entries corresponds to a respective individual of a set of individuals participating in the second sports competition.Type: GrantFiled: September 14, 2012Date of Patent: April 1, 2014Assignee: Cantor Index, LLCInventors: Joseph M. Asher, Dominic Crosthwaite, Howard W. Lutnick
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Publication number: 20140087859Abstract: 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: ApplicationFiled: November 21, 2013Publication date: March 27, 2014Applicant: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
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Patent number: 8655768Abstract: A method of managing trading orders is provided. The method includes receiving a request to place a first order to trade a first product, the request being made using an account having one or more current balances. The method further includes determining a risk value for the first order based at least in part on the first product. The method further includes determining whether to approve the first order based at least in part on the risk value determined for the first order and one or more of the current balances for the account, and if the first order is approved, placing the first order.Type: GrantFiled: April 16, 2012Date of Patent: February 18, 2014Assignee: Cantor Index, LLCInventors: Adam Burgis, Lewis C. Findlay
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Patent number: 8651948Abstract: 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: GrantFiled: July 2, 2012Date of Patent: February 18, 2014Assignee: Cantor Index, LLCInventors: Joseph M. Asher, John W. Bristow, Howard W. Lutnick
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Patent number: 8636571Abstract: A method for managing horseracing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of five horse races selected from a plurality of horse races scheduled to be run at a track in a day, a selection of a respective horse for each of the five horse races 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 for the day based at least in part on the betting pool.Type: GrantFiled: February 3, 2004Date of Patent: January 28, 2014Assignee: Cantor Index, LLCInventor: Kenneth L. Miller
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Patent number: 8591321Abstract: 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: GrantFiled: September 13, 2012Date of Patent: November 26, 2013Assignee: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
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Patent number: 8585490Abstract: Computer graphics processing systems and methods are provided for the presentation of graphic objects or text in a wagering environment. In at least one embodiment, the systems and methods present graphic objects on a graphic user interface screen that includes at least one of a plurality of betting lines, including a reference betting line, such as a market betting line having a value that corresponds to a value of a reference variable associated with an object, a high line having a value corresponding to an amount above the reference variable value, a low line having a value corresponding to an amount below the reference variable value, etc. The market, high, and low lines may be arranged spatially on the interface screen based at least on the values of each of the lines. The interface screen includes a least one computer generated graphic object associated with each of the betting lines that is selectable for submitting at least one of an up bet request and a down bet request.Type: GrantFiled: September 14, 2012Date of Patent: November 19, 2013Assignee: Cantor Index, LLCInventors: Lee Amaitis, David Anthony Puckeridge, Christopher John Davie, Guy Iain Oliver, Peter Kenneth Lawrey
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Patent number: 8543487Abstract: The invention provides a system and method for creating and facilitating the exchange of wagering-based transferable financial instruments. The instruments may be used to embody multiple various positions based upon the ultimate outcomes of uncertain future contingent events, including but not limited to outcomes of games of skill and chance. The invention further provides systems and platforms for monitoring, displaying information, and facilitating trading as to such instruments among multiple investment market participants, and a hosting or house participant, for time-variable buying and selling of such instruments.Type: GrantFiled: February 7, 2011Date of Patent: September 24, 2013Assignee: Cantor Index, LLCInventors: Joseph M. Asher, Dominic Crosthwaite, Howard W. Lutnick, Guy Iain Oliver Riches