Contingency-based options and futures for contingent travel accommodations

Abstract

Disclosed herein is a system for allowing a remote user to purchase, over a distributed computer network (e.g., the Internet), an option for a ticket and/or accommodations for a ‘contingent event”, e.g., an event which is certain to occur but for which the participants, content and/or location(s) are not predetermined. For instance, the subject system can be used to sell options for the purchase of tickets to such contingent events such as playoff games on the basis of what teams qualify, or all-star game.

1 . A method of electronic commerce, comprising establishing a network-based on-line system for purchase and sale of an option or futures contract to acquire tickets and/or travel accommodation for a contingent event, which contract is exercisable upon the occurrence of the contingent event.