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 14):
The wagering system of  claim 1 , further comprising at least one of a buy-out or partial buy-out option, the system controller further configured to:\n initiate one or more of at least one of a buy-out offer and a partial buy-out offer to any number of the one or more players before the wagering event has been completed; and identify any acceptances of the at least one of a buy-out offer and partial buy-out offer, wherein the amount of the buy-out offer and partial buy-out offer are variable and based on at least one of a calculated probability, an originator of the proposal, a negotiation, an auction, determined randomly, the one or more players or a third party.

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): 0.3859513742288341
- 35 USC 102 Novelty (BERT): 0.5657609754694505
- Combined Prediction Score: 0.4039323343528957
- Mean Citation Score: 386.669808
- Max Citation Score: 484.46042
- Similarity Product: 457.540452931068

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