Patent ID: 11954979
Assignee: SPORTSMEDIA TECHNOLOGY CORPORATION
Field: Control (Instruments)
Classification: CPC G  H | IPC G  H

Claim 0:
1. A system for live sporting event wagering, comprising:
a multiplicity of sensor devices and at least one computing platform;
wherein the multiplicity of sensor devices and a multiplicity of user devices are constructed and configured for network communication with the at least one computing platform, and wherein the multiplicity of user devices is located beyond a predetermined distance of a live sporting event;
wherein the multiplicity of sensor devices is configured to capture and transmit live event data relating to the live sporting event to the at least one computing platform in real time;
wherein the multiplicity of sensor devices includes at least one biometric device operable to collect biometric data and wherein the live event data includes the biometric data;
wherein the at least one computing platform is configured to provide predictive analytics for a performance of at least one player based on the biometric data;
wherein the at least one computing platform is configured to set odds for wagering in the live sporting event based on the live event data in real time;
wherein the at least one computing platform comprises at least one rules engine for the live sporting event;
wherein the at least one rules engine automatically applies at least one rule to the multiplicity of user devices;
wherein the multiplicity of user devices is configured to place bets on at least one aspect of the live sporting event and transmit the bets to the at least one computing platform via a graphical user interface (GUI);
wherein the at least one computing platform is operable to time-code the bets by automatically coding the bets with the times the bets were placed; and
wherein the at least one computing platform is configured to determine at least one betting outcome relating to the live sporting event.