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 7):
The non-transitory machine-readable medium of  claim 3 , in which the instructions are further configured to, when executed, direct the at least one processor to:\n increasing a payout for a first winning group bet of the one or more winning group bets relative to a pari-mutuel payout for the winning participant of the event of the first winning group bet, the increase being based at least in part on the relative odds among the winning participants of the winning group bets in the pool.

Metadata:
- Claim Count in Document: 1.0
- Percentile: 99.0
- Lexical Diversity: 1.7551
- Patent Class: 462.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['14816562', '10771076', '14164410', '10771221', '11928649']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.6342531423724657
- 35 USC 102 Novelty (BERT): 0.6156003851560352
- Combined Prediction Score: 0.6323878666508227
- Mean Citation Score: 519.640764
- Max Citation Score: 617.8842
- Similarity Product: 498.5402450161814

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