Optical Code Wagering System for Secure Mobile Betting
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Solution Overview
Problem
Current electronic wagering systems in sportsbooks face inefficiencies and security concerns in the process of selecting and placing wagers, particularly in terms of user input and data transfer, as they often require repeated entry of parameters and involve insecure sharing of personal and financial information.
Innovation Solution
An electronic wagering system that includes a wager selection station generating a unique reference from user-input event parameters, encoding it in a machine-readable optical code, and allowing users to scan this code with their mobile device to transmit the parameters securely to a server for wager placement, thereby streamlining the wagering process and enhancing security.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of time
If users manually enter event parameters repeatedly to place wagers, then data accuracy can be maintained, but time consumption and operational complexity increase
Solution Approach 1:
The system generates and displays a machine-readable optical code containing the event parameters before the user places the wager. This preliminary encoding of data allows the user to simply scan the code with their mobile device rather than manually re-entering parameters, thereby reducing time consumption and operational complexity while maintaining data accuracy.
Solution Approach 2:
The event parameters are copied into a machine-readable optical code format that can be easily transmitted and scanned. Instead of requiring users to re-type or re-select parameters, the system creates a replicable digital copy (the optical code) that preserves the original data and can be quickly transferred to the mobile device for wager placement.
2Ease of operation
If personal and financial information is shared for wager placement, then wagering functionality is enabled, but security risks increase
Solution Approach 1:
The machine-readable optical code serves as an intermediary that carries event parameters between the wager selection station and the mobile device without requiring direct exposure of personal or financial information. This intermediary mechanism enables the wagering functionality while minimizing security risks by limiting the data that needs to be transmitted and stored.
Solution Approach 2:
The system extracts only the necessary event parameters from the complete user profile information. By separating and transmitting only the specific data needed for wager placement (contained in the optical code) rather than full personal and financial information, the system enables wagering functionality while reducing security exposure.
Data Source
AI summary
An electronic wagering system may include a wager selection station, a server, and a software application executed by a mobile communication device. At least one processor of the wager selection station may accept user input specifying parameters of an event on which to place a wager, generate a unique reference from which the specified event parameters are derivable, encode the unique reference in a machine-readable optical code, and display the generated optical code. The software application may operate the user's mobile communication device to scan the displayed optical code, retrieve the unique reference by decoding the scanned optical code, transmit the unique reference to the server for deriving the specified event parameters from the unique reference at the server, receive user input to place a wager on the event with the specified parameters, and transmit a request to the server to place the wager on behalf of the user.