Determining real time zero-sum event probabilities from internet reported betting odds

摘要

A real-time method for determining zero-sum event probabilities for a selected contest between at least two participants, employing a computer connected to the internet, from reported betting odds from a betting market available on the internet which method includes determining event probability based on the relative inverse payout of the result's occurrence compared to the summed inverse payouts of that results' non-occurrence, i.e., competitive zero-sum results on a given betting platform.