The group's principal activity is to design, develop and market an interactive client or server based computer system for purposes of wagering on sporting events. The interactive hardware and software system (the sportxction(TM) system) enables users to wager at fixed prices during the course of a sporting event such as soccer, football, baseball, golf, tennis, cricket and basketball. The sportxction (TM) system accepts bets not only on the outcome of a sporting event, but also on discrete parts of the event and on specific game situations. The sportxction (TM) system software monitors and changes the odds on the contestants in a sporting event to induce the players to wager such that the betting pool for each betting proposition is continuously driven toward a financial balance, to within a pre-set level.
