CPC G07F 17/3227 (2013.01) [G07F 17/3288 (2013.01)] | 7 Claims |
1. A method of adjusting wager odds, comprising:
identifying situational data, captured during a live sporting event, which corresponds to a current wager stored in a bet database having a current odds,
filtering a historic bet database on the basis of the identified situational data to match previous wagers to the current wager;
for each common parameter of the current wager and the matched previous wagers, determining any correlations between remaining parameters of the current wager and the matched previous wagers,
determining if any of the determined correlations exceeds a predetermined threshold;
extracting, from each correlation which exceeds the predetermined threshold, data values for the common parameter and the remaining parameter of the current wager;
comparing the extracted data values against a threshold database; and
adjusting the current odds of the current wager if the extracted data values exceed a corresponding value stored in the threshold database.
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