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 20):
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 receive at least one electronic message comprising a plurality of bets, in which bet is received via a computing device in networked communication with the at least one processor, each bet comprising:\n a set of events selected from a group of events; \n a selected participant for each event of the set of events selected; and \n a bet amount; \n combine each bet amount to form a betting pool, in which the act of combining each amount to form a betting pool comprises causing data representing the combined bet amounts to be stored in a database in electronic communication with the at least one processor; determine an amount of a total payout based at least in part on the betting pool; receive via an electronic interface electronic data indicating results of the group of events, the results identifying a winning participant for each event of the group of events; determine one or more winning bets of the plurality of bets by determining, for each of the plurality of bets, if each selected respective participant of the respective bet corresponds to the winning participant for each event of the respective set of events selected in the respective bet; determine an amount to be paid for a winning bet of the one or more winning bets based on the determined one or more winning bets, the amount of the total payout, and the bet amount of the winning bet; cause the amount to be paid to a holder of the winning bet; 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): 0.5944079183442182
- 35 USC 102 Novelty (BERT): 0.6440837562221391
- Combined Prediction Score: 0.5993755021320103
- Mean Citation Score: 519.640764
- Max Citation Score: 617.8842
- Similarity Product: 604.764024967289

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