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 24):
A method of conducting a wagering event for one or more players, the method comprising the steps of:\n receiving, by the system controller, a request to initiate a crowdfunded wager in the wagering event from an initial wagering input device in communication with the system controller, the initial wagering input device corresponding to an initial player of the one or more players; initiating, by the system controller, a conditional wager based on the request received from the initial wagering input device; broadcasting, by the system controller, the conditional wager to one or more additional wagering input devices in communication with the system controller, the one or more additional wagering input devices corresponding to one or more players, to prompt the one or more players to contribute to the conditional wager; receiving, by the system controller, a contribution amount from a single additional wagering input device of the one or more additional wagering input devices; adding, by the system controller, the contribution amount to the conditional wager; determining, by the system controller, that the amount added to the conditional wager funds the conditional wager above a threshold amount; and responsive to determining that the conditional wager is funded above the threshold amount, converting, by the system controller, the conditional wager to a crowdfunded wager, based on a total amount of funds in the conditional wager.

Metadata:
- Claim Count in Document: 140.0
- Percentile: 86.0
- Lexical Diversity: 1.46154
- Patent Class: 463.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15422348', '14833572', '14990538', '14275136', '15212392']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.3873666226985079
- 35 USC 102 Novelty (BERT): 0.5624023940890819
- Combined Prediction Score: 0.4048701998375654
- Mean Citation Score: 386.669808
- Max Citation Score: 484.46042
- Similarity Product: 438.6215598516976

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