Interface for landfall location options
Abstract
An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data on a graphical user interface representing a binary option based on whether a storm will make landfall within the certain radius. The display device may show a plurality of landfall probabilities on the map. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
Claims
exact text as granted — not AI-modified1 . (canceled)
2 . An apparatus comprising:
a memory; a display device; a network interface to communicate with at least one remote device; at least one processor to: receive from a remote device a plurality of longitude and latitude coordinate pairs; generate in the memory an association between a given longitude and latitude pair and each zip code within a radius of the given longitude and latitude pair; detect selection of a given zip code; render on the display device a graphical representation of a map and a circle around the given zip code on the map, the circle having a predetermined area; change a shade level of the circle, the shade level indicating an available binary option based on whether a hurricane will make landfall within the zip code represented by the circle on the map; render on the display device a plurality of landfall probabilities on the map; in response to detecting the selection of the circle, receive data indicative of a request to purchase the binary option; receive from a remote device a landfall location of the hurricane; identify whether the landfall location corresponds to the given zip code; and in response to identifying whether the landfall location corresponds to the given zip code, calculate a payout of the binary option such that the payout is at least partially based on a strength of the hurricane.
3 . The apparatus of claim 2 , wherein the predetermined area is seventy-five miles.
4 . The apparatus of claim 2 , wherein the at least one processor is further configured to alter a specificity of the plurality of longitude and latitude pairs.
5 . The apparatus of claim 4 , wherein, to alter the specificity, the at least one processor is configured to round each of the longitude and latitude pairs.
6 . The apparatus of claim 2 , wherein the at least one processor is further configured to render weather related news corresponding to an area within the circle on the map.
7 . A method comprising:
receiving, by at least one processor, from a remote device a plurality of longitude and latitude coordinate pairs; generating in a memory, by the at least one processor, an association between a given longitude and latitude pair and each zip code within a radius of the given longitude and latitude pair; detecting, by the at least one processor, a selection of a given zip code; rendering, by the at least one processor, a graphical representation of a map on a display device and a circle around the given zip code, the circle having a predetermined area; changing, by the at least one processor, a shade level of the circle, the shade level indicating an available a binary option based on whether a hurricane will make landfall within the zip code represented by the circle shown on the map; rendering, by the at least one processor, on the display device a plurality of landfall probabilities on the map; detecting, by the at least one processor, a selection of the circle via the display; in response to detecting the selection of the circle, receiving, by the at least one processor, data indicative of a request to purchase the binary option; receiving, by the at least one processor, from a remote device a landfall location of the hurricane; identifying, by the at least one processor, whether the landfall location corresponds to the given zip code; and in response to identifying whether the landfall location corresponds to the given zip code, calculating, by the at least one processor, a payout of the binary option such that the payout is at least partially based on a strength of the hurricane.
8 . The method of claim 7 , wherein the predetermined area is seventy-five miles.
9 . The method of claim 7 , further comprising altering, by the at least one processor, a specificity of the plurality of longitude and latitude pairs.
10 . The method of claim 9 , wherein altering the specificity further comprises rounding, by the at least one processor, each of the longitude and latitude pairs.
11 . The method of claim 7 , further comprising rendering, by the at least one processor, weather related news corresponding to an area within the circle on the map.
12 . A non-transitory computer readable medium with instructions stored therein which upon execution instruct at least one processor to:
receive from a remote device a plurality of longitude and latitude coordinate pairs; generate in the memory an association between a given longitude and latitude pair and each zip code within a radius of the given longitude and latitude pair; detect selection of a given zip code; render on the display device a graphical representation of a map and a circle around the given zip code on the map, the circle having a predetermined area; change a shade level of the circle, the shade level indicating an available binary option based on whether a hurricane will make landfall within the zip code represented by the circle on the map; render on the display device a plurality of landfall probabilities on the map; identify whether the landfall location corresponds to the given zip code; and in response to identifying whether the landfall location corresponds to the given zip code, calculate a payout of the binary option such that the payout is at least partially based on a strength of the hurricane.Join the waitlist — get patent alerts
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