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 2):
A non-tangible 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 group bets from a plurality of bettors, each group bet being received from one of the plurality of bettors via a computing device in networked communication with the at least one processor, each group bet comprising:\n plurality of events selected from among a group of events offered by a sponsor of the group bets, each event having a plurality of participants; \n a respective participant selected for each of the plurality of events selected for the group bet; and \n a bet amount; \n combine the amounts of the group bets of the plurality to form a betting pool, in which the act of combining the amounts of the group bets comprises combining amounts of different bets having different selected combinations of events and different selected participants from each other that are pooled together in the betting pool, in which the act of combining the amounts to form a betting pool comprises causing data representing the combined amounts to be stored in a database in electronic communication with the at least one processor; and compute an amount of a payout for one or more winning group bets of the plurality based at least in part on the combined amounts of the bets in the betting pool; 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): 0.5937166310364762
- 35 USC 102 Novelty (BERT): 0.6458295789030964
- Combined Prediction Score: 0.5989279258231383
- Mean Citation Score: 519.640764
- Max Citation Score: 617.8842
- Similarity Product: 610.9269510468006

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