PATENT CLAIM ANALYSIS

Application Number: 15934963
Application Type: Utility
Filing Date: 2018-03
Publication Date: 2018-07
Patent Classification: ["463", "025000"]

Abstract:
A computer system includes a server computer that handles transactions with user devices to create and manage events, create and manage user accounts and process wagers. Transactions regarding wagers in connection with events can be processed in real-time. The wagers are processed using a payoff function that rewards participation and accurate information, yet does not permit arbitrage or otherwise reward splitting a wager by participating under multiple identities. To compute a payoff, a first score is computed based on the probability estimate by a participant and the outcome. A second score is computed based on an aggregate of wagers of all other participants for each participant, where the first score for the participant is no more than the second score for at least one outcome. The payoff for the participant is then computed as a function of the first score and the second score.

Claim (Index 23):
The computer system of  claim 21 , wherein, to compute the weight for the participant, the processor is instructed to compute a function of the amount of the wager of the participant and a total of the amounts of the wagers of all other participants.

Metadata:
- Claim Count in Document: 11.0
- Percentile: 90.0
- Lexical Diversity: 1.81176
- Patent Class: 463.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['14529122', '14017395', '09939001', '09767418', '12038681']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.3205780492164414
- 35 USC 102 Novelty (BERT): 0.5490436635808054
- Combined Prediction Score: 0.3434246106528779
- Mean Citation Score: 271.10188800000003
- Max Citation Score: 430.5469
- Similarity Product: 377.4089298821271

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 0
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test