| 20110190045 | SYSTEM AND METHOD TO IMPROVE RISK MANAGEMENT IN FIXED ODDS SPORTS BETTING - A system and method are configured to monitor the liability related to betting activity. A risk management system for fixed-odds sports betting comprises a plurality of data processing units being so linked as to form a tree network having a root node and at least one additional tier of tree nodes linked to the root node. The tree nodes of the lowest tier are configured to receive, store, integrate, and analyse data related to bet transactions, and the tree nodes of higher tiers, representing data aggregation nodes, are configured to receive, store, further integrate and analyse integrated data from tree nodes of lower tiers. Data related to bet transactions are integrated into a three-dimensional table, wherein the first dimension of the table relates to probability, the second dimension relates to the events offered for betting, and the third dimension relates to marks for each event offered for betting. | 08-04-2011 |
