PATENT CLAIM ANALYSIS

Application Number: 15884876
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2018-06
Patent Classification: ["463", "013000"]

Abstract:
A system, method and apparatus provides a unique betting product where multiple players or groups of players may construct and contribute to (“crowdfund”) one or more tickets and behave as a single “player”. Players make selections in one or more different events. Players who are in contention to win may be offered an opportunity to sell their tickets, in whole or in part, in response to a full or partial buy-out offer made at any time prior to completion of a wagering event.

Claim (Index 8):
The wagering system of  claim 1 , wherein initiating the conditional wager based on the request to initiate the crowdfunded wager in the wagering event, comprises:\n setting pre-established criteria for conditional wager, based on rules received from the initial player, wherein the conditional wager is converted to the crowdfunded wager when the total contribution meets or exceeds a pre-established criteria, wherein the pre-established criteria is at least one of a monetary value, a minimum number of individuals contributing towards the conditional wager, a minimum percentage of individual contribution met, an elapsed time, wherein the elapsed time is a time prior to the wagering event ending.

Metadata:
- Claim Count in Document: 140.0
- Percentile: 86.0
- Lexical Diversity: 1.46154
- Patent Class: 463.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15422348', '14833572', '14990538', '14275136', '15212392']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.4193919754550145
- 35 USC 102 Novelty (BERT): 0.5566341485334576
- Combined Prediction Score: 0.4331161927628588
- Mean Citation Score: 386.669808
- Max Citation Score: 484.46042
- Similarity Product: 393.4708747098708

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

Dataset: test