Contingency Wager Sharing Interface With One-Click Bet Copying
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Solution Overview
Problem
Existing wagering systems require users to switch between multiple platforms for sharing and placing contingency bets, consuming device memory and processing power, and lack efficient social interaction features.
Innovation Solution
A unified system and method for contingency wagering that integrates social networking and wagering functionalities, allowing users to create accounts, connect with others, display and select wagers, and send notifications with links for easy wager copying and commenting, while using relevancy scoring and integrated feeds.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users share bets on third-party social platforms and manually place bets, then social interaction is enabled, but device memory space and processing power are significantly consumed
Solution Approach 1:
The patent merges social networking functionality with wagering functionality into a single integrated platform. Users can share bets, interact socially, and place contingency bets all within one system, eliminating the need to use multiple separate applications and thereby reducing device memory consumption and processing overhead.
Solution Approach 2:
The wagering system is designed to perform multiple functions: it enables traditional wagering, social sharing of bets, automatic notification to contacts, and streamlined bet placement. This multi-functional approach consolidates what previously required separate applications into a single universal platform.
2Adaptability or versatility
If users switch between multiple platforms for bet sharing and placement, then comprehensive functionality is achieved, but user convenience deteriorates
Solution Approach 1:
The system combines social networking and wagering operations into a single integrated platform. Users can share bets with their social contacts and place contingency bets without switching applications, maintaining full functionality while significantly improving ease of operation.
Solution Approach 2:
The system acts as an intermediary between users and their social contacts for bet sharing. Instead of requiring direct interaction through multiple platforms, the system mediates the process by automatically notifying contacts and enabling one-click bet placement, streamlining the user experience.
3Ease of operation
If manual bet copying and placement is used, then bet sharing is possible, but time consumption increases
Solution Approach 1:
The system performs preliminary actions by automatically notifying a user's social contacts when a bet is placed. The notification includes all necessary bet information and a direct link for quick placement, so when contacts want to join the bet, the groundwork is already done, eliminating manual copying and reducing time to placement.
Solution Approach 2:
The system implements automated copying of bet information from the original bettor to contacted users. Instead of requiring manual screenshotting and sharing, the system automatically copies and transmits the complete bet details to selected contacts, dramatically reducing the time and effort required for bet sharing.
Data Source
AI summary
Embodiments of the present disclosure provide a system and method for contingency wagering. The system provides a first user interface (UI) to create a plurality of user accounts and a second UI to establish connection between the plurality of user accounts. Further, the system provides display of a plurality of contingency wagers and enables each user to select at least one contingency wager of the plurality of contingency wagers. The system sends a notification to each user account of a set of users accounts of the plurality of user accounts, based on selection of the at least one contingency wager by at least one user account of the plurality of user accounts other than the set of user accounts. The notification includes a plurality of links, where a first link of the plurality of links corresponds to a copy operation on the at least one contingency wager.