SYSTEM AND METHODS FOR CREATING AND MANAGING A TEAM-BASED FANTASY SPORTS CONTEST

摘要

Systems and methods are provided for creating and managing a season-long fantasy sports contest with team-based tradeable instruments. Each instrument may represent a single team that accumulates points based on the occurrence of team-based events over the course of the season. Each participant may be allocated the same set of instruments at the start of the season with each set including a single instrument for each team in the league. Based on a fixed number of team-based events guaranteed to occur, a pay table may be generated that indicates a pre-determined payout associated with each number of possible points accumulated. At the end of the season, a payout for each participant may be determined based on the pay table and the total number of points associated with the participant's final set of instruments.