For the whole decision click here: o30807
Summary
The invention relates to a system for the customization of betting odds such that the person placing a bet can specify the overall stake and odds they would like to benefit and a participant in the event and the system selects other participants and how the stake should be divided amongst all the selected participants so that if any of them win, the punter wins at approximately his specified odds. The applicants claimed that a technical contribution was provided by the reduction in network traffic that resulted from the method of calculating betting odds the invention utilized. The hearing officer applied the four step test set out in the Aerotel and Macrossan judgment. He decided that the hardware was entirely conventional and that the contribution was not in the field of communication but fell solely in the business method and computer program exclusions.