PATENT CLAIM ANALYSIS

Application Number: 16272021
Application Type: Utility
Filing Date: 2019-02
Publication Date: 2019-06
Patent Classification: ["462", "025000"]

Abstract:
A method of managing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of a first number of events selected from a group of events, a selection of a respective participant for each of the first number of events selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout based at least in part on the betting pool.

Claim (Index 21):
A non-transitory machine-readable medium to have instructions stored thereon which are configured to, when executed by at least one processor of at least one computer in electronic communication with at least one other computer via an electronic communications network, direct the at least one processor to:\n accept from a user a group bet that selects an event and outcome of the event on which to bet, each event available for betting having a plurality of participants, the outcome of the event depending on the performance of the participants, the group bet being input via a computer entry device; transmit an electronic message comprising information about the group bet, in which the act of transmitting the electronic message comprises forwarding the group bet for assembly of a plurality of group bets from a plurality of users into a betting pool, each group bet in the plurality including a designation of an event and an amount, the plurality of group bets in the betting pool including group bets on a plurality of distinct events such that at least one of the plurality of distinct events is selected in one of the plurality of group bets and not selected in another of the plurality of group bets, the betting pool to be processed by a processor to determine a payout for one or more winning group bets of the plurality based on the outcomes of at least two events designated by group bets in the betting pool, in which information about the betting pool is stored in a database in electronic communication with the at least one processor, cause to render the amount of payout at a display associated with a self-service machine; and determine whether to cause a dispense of the amount of the payout at an interface associated with the self-service machine.

Metadata:
- Claim Count in Document: 1.0
- Percentile: 99.0
- Lexical Diversity: 1.7551
- Patent Class: 462.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14816562', '10771076', '14164410', '10771221', '11928649']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.5943630308971003
- 35 USC 102 Novelty (BERT): 0.6441972673921824
- Combined Prediction Score: 0.5993464545466085
- Mean Citation Score: 519.640764
- Max Citation Score: 617.8842
- Similarity Product: 605.1644273357392

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

Dataset: test