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DEVICE FOR CALCULATING ODDS OF SPORT GAME AND A METHOD FOR MANAGING A RISK, CAPABLE OF MINIMIZING THE LOSS OF BETTING PROVIDER BY LIMITING ODDS OF SPORT GAMES WITHIN PREDETERMINED RANGE
DEVICE FOR CALCULATING ODDS OF SPORT GAME AND A METHOD FOR MANAGING A RISK, CAPABLE OF MINIMIZING THE LOSS OF BETTING PROVIDER BY LIMITING ODDS OF SPORT GAMES WITHIN PREDETERMINED RANGE
PURPOSE: A device for calculating odds of sport game and a method for managing a risk is provided to consider too much emphasis on betting of flexible variables and game participants and determines propriety characteristic of odds, thereby minimizing the risk of betting business.;CONSTITUTION: The possibility of generating game result of a sports game is calculated. Based on the possibility, a odds about the game result is calculated(130). Betting about the sports game is monitored(150). Based on the monitoring result and the odds, gain and loss about the betting business of the sports game is calculated(160). Based on gain and loss, the odds are updated.;COPYRIGHT KIPO 2011
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