{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8510205","patent":{"patent_number":"US-8510205","title":"Exchange for derivative products contingent on odds-based markets","assignee":null,"inventors":[],"filing_date":"2008-04-25T00:00:00.000Z","publication_date":"2013-08-13T00:00:00.000Z","cpc_codes":["G06Q","G06F","G06Q","G06Q","G06Q","G06Q","G07F","G07F","G07F","G07F","G07F"],"num_claims":12,"abstract":"A method and system are described for creating an exchange for futures products for odds markets based on binary outcomes. The futures product is based on the value of a particular fixed index or an exchange delivery settlement price in odds form, as recorded or computed at the end of a pre-assigned event or time-horizon. A particular use of this product would be on an exchange for sporting events, where for a given event, an identical interface to that which would currently be available for odds markets is made available, but which would be settled differently from the former, in such a manner as to allow investors to take positions on the movement of the odds without exposure to the final outcome of the event."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Exchange for derivative products contingent on odds-based markets","description":"A method and system are described for creating an exchange for futures products for odds markets based on binary outcomes. The futures product is based on the value of a particular fixed index or an e","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8510205","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8510205","citation_suggestion":"Patentable. \"Exchange for derivative products contingent on odds-based markets\" (US-8510205). https://patentable.app/patents/US-8510205","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8510205","json":"https://patentable.app/api/llm-context/US-8510205","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T13:44:22.659Z"}