NZ625363A - System and method of managing virtual ownership and trading of participants competing in live sporting events - Google Patents

System and method of managing virtual ownership and trading of participants competing in live sporting events

Info

Publication number
NZ625363A
NZ625363A NZ62536314A NZ62536314A NZ625363A NZ 625363 A NZ625363 A NZ 625363A NZ 62536314 A NZ62536314 A NZ 62536314A NZ 62536314 A NZ62536314 A NZ 62536314A NZ 625363 A NZ625363 A NZ 625363A
Authority
NZ
New Zealand
Prior art keywords
trading
participants
participant
purchase
sporting events
Prior art date
Application number
NZ62536314A
Other versions
NZ625363B (en
Inventor
Demichele John
Original Assignee
Demichele John
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from AU2013902547A external-priority patent/AU2013902547A0/en
Application filed by Demichele John filed Critical Demichele John
Publication of NZ625363A publication Critical patent/NZ625363A/en
Publication of NZ625363B publication Critical patent/NZ625363B/en

Links

Landscapes

  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

Disclosed is a system and method of managing virtual ownership and trading of participants in live sporting events, such as horses participating in horse racing events. The steps include receiving value information relating to a value of each participant, designating a maximum number of trading units for each participant, then determining a point value for each trading unit based on the value information for each participant. A purchase price is then designated for one or more trading units and receiving via a network a user request to purchase one or more trading units associated with one or more participants up to and including the maximum number of trading units for each participant. The user request includes a purchase amount. A computer processor assigns a number of points to the user based on the purchase amount, the purchase price, and the point value for each trading unit associated with the one or more participants and then assigns the number of points to the user in response to the request.
NZ625363A 2013-07-10 2014-05-21 System and method of managing virtual ownership and trading of participants competing in live sporting events NZ625363B (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
AU2013902547A AU2013902547A0 (en) 2013-07-10 System and method of managing virtual ownership and trading of participants competing in live sporting events
AU2013902547 2013-07-10

Publications (2)

Publication Number Publication Date
NZ625363A true NZ625363A (en) 2014-07-25
NZ625363B NZ625363B (en) 2014-10-29

Family

ID=

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN110809776A (en) * 2017-05-30 2020-02-18 艾皮索德赛克斯有限责任公司 System and method for value unit conversion, utilization, mediation and for creating a trading product application

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN110809776A (en) * 2017-05-30 2020-02-18 艾皮索德赛克斯有限责任公司 System and method for value unit conversion, utilization, mediation and for creating a trading product application

Also Published As

Publication number Publication date
AU2014202780A1 (en) 2015-01-29
AU2017208384A1 (en) 2017-08-17
AU2015243049A1 (en) 2015-11-05

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Legal Events

Date Code Title Description
PSEA Patent sealed
RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2019 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20180521

RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2020 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20190521

RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2021 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20200406

ASS Change of ownership

Owner name: SUPERBUCKS HOLDING, AU

Effective date: 20210507

RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2022 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20210430

RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2023 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20220429

RENW Renewal (renewal fees accepted)

Free format text: PATENT RENEWED FOR 1 YEAR UNTIL 21 MAY 2024 BY LESICAR MAYNARD ANDREWS PTY LTD

Effective date: 20230503